Last week, home care leaders Chris Gerard, Michael Slupecki and Mike Trigilio joined our Home Health Care News Executive Outlook On An Industry In Transformation webinar. I had the chance to connect with these leaders — from TheKey, Griswold Home Care and HouseWorks — about the ways they’re leaning into growth opportunities, combating the industry’s […]
Home care providers are contending with a host of persistent challenges, from caregiver and staff turnover to Medicaid rates that vary drastically state-by-state. Still, the CEOs at some top home care companies are evolving their strategies to not only navigate these hurdles but also to encourage organic growth. Leaders at HouseWorks, Griswold Home Care and […]
Choice Health at Home (CHH) has acquired Devotion Hospice, based in Conroe, Texas, enhancing the company’s commitment to delivering comprehensive post-acute care services throughout the Southwestern U.S. “We are excited to welcome Devotion Hospice into the Choice family,” Founder and CEO of Choice, David Jackson, said in a statement. “Their dedication to compassionate end-of-life care […]
The home care provider HouseWorks has launched its “Payor HUB” to enhance its relationship with payers and to improve outcomes. HouseWorks is one of the largest non-franchised home care providers in the country. It believes it can blaze a trail with the Payor HUB, which is the next iteration of its “proprietary HouseWorks technology platform.” […]
HouseWorks has acquired the Pittsburgh-based personal care services company Bridge City Home Care. The transaction further increases HouseWorks Pennsylvania footprint. One of the reasons Bridge City Home Care was an attractive acquisition target to HouseWorks was because of an existing relationship. “Bridge City was owned by the same individual who previously owned Druk Home Care, […]
HouseWorks – one of the largest non-franchised home care providers in the U.S. – has executed another deal. The company has acquired AccordCare’s personal care division in Connecticut, which operates under the brands Companions & Homemakers and Companions Forever. The acquisition will bring HouseWorks into Connecticut for the first time, and further expand its footprint […]
Home-based care stakeholders are navigating a very different environment than they were in the past. No one understands that better than prolific acquirers like HouseWorks, PurposeCare and Care Advantage. All three companies are doing unique things to maintain growth in 2024, however. Firstly, over the last few years, there has been a vast chasm between […]
Transaction volume for home health, home care and other in-home care businesses dipped in 2023, with inflation, higher interest rates and global unrest contributing to the downturn. Many home-based care stakeholders anticipated M&A to rebound in 2024, however, thanks to increased loan activity in January, greater buyer-seller consensus and private equity’s record-high levels of “mature” […]
One of the most well-established independent home care companies in the nation is heading into the new year with a new identity – and a much larger overall business. Just a few years ago, the Greater Boston-based HouseWorks brought in about $25 million in annual revenues, with nearly all of that coming from private-pay home […]
Home-based care dealmaking trends generally give a good idea of what’s going on in the space at large. They show you where the money is headed, and where it’s not. They show you where the Centers for Medicare & Medicaid Services’ (CMS) stroke of the pen has impacted investment or transaction activity. The trends show […]
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