Every company has their own unique growth goals, but some companies are hitting goals faster than others. Across home-based care, companies like Traditions Health, Honor, HomeWell and others are seeing tremendous growth. In fact, the industry is well-represented on the Inc. 5000 2024 ranking of the fastest-growing private companies in the country. This year, 29 […]
Honor
Three years after Honor acquired Home Instead, its goal is not to grow through franchise expansion or acquisition. Instead, it’s trying to find ways for current locations to double, triple and quadruple their current censuses. In part, it plans to open up that opportunity through advanced technology, including artificial intelligence. During a recent long and […]
After Honor acquired Home Instead in 2021, many Home Instead franchisees were not sold on the strategic direction they were given. They believed Honor’s model lacked a “proof of concept,” and were unwilling to alter operations to appease their new parent organization. But, over the last few years, a lot of the friction between Honor […]
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
Home Care Association of America names new board members The Home Care Association of America (HCAOA) has made several appointments to its board of directors. Based in Washington D.C., HCAOA is an advocacy organization comprised of over 3,500 home care organizations. Earlier this year, Jason Lee took over as CEO of the association. Joining HCAOA’s […]
In the first year that truly felt “post-COVID,” home-based care providers did not see a shortage of challenges. Instead, in 2023, home health providers saw another year defined by payment struggles, with both the Centers for Medicare & Medicaid Services (CMS) and Medicare Advantage (MA) plans. Home care providers, meanwhile, were still grappling with high […]
Honor make four new additions to its leadership team Four new executives recently joined Honor’s leadership team. The new additions to the team include: Linn Free, who was named senior vice president of operations; Stefan Haney, who was named senior vice president of growth technology; Mark Privett, who was named vice president of design; and […]
It has made its way into every industry, just as it has made its way into almost every conversation. Generative Artificial Intelligence (AI) has arrived in home-based care. Providers, in an effort to stay ahead of the curve, are embracing the new technology. On the way, they are finding out how it can help them […]
Another reorganization at Honor has resulted in layoffs. The job cuts affected 15% of the HQ staff, including many long-time Home Instead employees. Honor bought Home Instead – one of the largest home care brands in the world – in 2021. “Honor has made the decision to reorganize certain teams within HQ, which will result […]
Many people still consider home health and home care as sectors completely separate from hospital-at-home care. Increasingly, however, that is not the case. As more care comes into the home, home-based care organizations are finding ways to become involved – whether through partnerships or proprietary programs. In 2023, over half of home-based care organizations plan […]
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