The U.S. home care industry is at an inflection point. Prior to the COVID-19 pandemic, an increasing number of payers and health care providers began to recognize the value of non-medical home care, particularly when it comes to chronic disease management and preventative care. That recognition has grown even stronger in 2020, with home care […]
For years, the trend of aging in place has been heating up, with more and more seniors opting to grow old in their homes. Now, the coronavirus has added even more fuel to the fire. Widespread COVID-19 outbreaks at skilled nursing facilities and assisted living centers have further reinforced what home-based care providers have known […]
The opportunity for home-based care providers to help fill care gaps within senior living communities appears to be greater than ever, as the vast majority of operators cite staffing as their No. 1 challenge. In recent years, occupancy has been top of mind for most U.S. senior living operators, an anxiety that has somewhat overshadowed […]
Home care providers and senior living operators don’t always see eye to eye. When the two do come together, however, there are plenty of benefits for both parties. Massachusetts-based HouseWorks is the perfect example of that. Led by founder and CEO Andrea Cohen, home-based care provider HouseWorks currently works with roughly 50 senior living communities […]
The 29th episode of our podcast, Disrupt, is now available! Headquartered in the Boston area, HouseWorks is growing — and fast. Private equity backing has helped. And so has the company’s unique business model, a blend of home care and home modification.For this episode of Disrupt, we caught up with the leader of HouseWorks — […]
Once considered an afterthought, non-medical, in-home care took on newfound importance in 2019. Many home care CEOs predict that momentum will continue in 2020, especially as risk-based arrangements among providers become more common. Medicare Advantage and outcomes-related health data are also positioned to play leading roles in home care next year, industry leaders believe. The […]
Massachusetts home care company enters Philadelphia market Private-pay in-home care company HouseWorks LLC has acquired Caring Friends Home Care. The acquisition propels the Massachusetts-based HouseWorks into the Philadelphia market, while positioning the company for future growth throughout Pennsylvania. Financial terms of the acquisition were not disclosed. HouseWorks, which is backed by health care investor RAB […]