Executive Care finds new backer Home care provider Executive Care recently received an investment from global investment firm The Riverside Company. The financial terms were not disclosed. Hackensack, New Jersey-based Executive Care is a private-pay personal care company that operates a network of 13 franchise locations and offers a plethora of services, including companionship, homemaking, […]
Interim Healthcare
Wellspring Capital Management Acquires Interim HealthCare Parent Company Caring Brands International
Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. The deal, announced early Monday, is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. There have been […]
The face of home care ownership is changing. In recent months, a number of home care franchise companies have seen a surge in interest from front-line caregivers and nurses who want to make the transition to the franchisee-ownership level. There has always been an interest in becoming home care owners among the front-line workforce, but […]
Home health providers and hospitals have a long history of going head-to-head when it comes to nursing talent. In some ways, the COVID-19 pandemic has only intensified the competition and left providers in the position of having to shell out more to recruit staff. In general, recruiting could often be an uphill battle for providers, […]
Telehealth vendors experienced a major business boom last year due to the COVID-19 pandemic. Many believe the increased demand will stick around in 2021, too, driven by a need to constantly monitor vulnerable populations in the home setting. Synzi — a St. Petersburg, Florida-based company that provides virtual visit and messaging tools via its telehealth […]
Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: […]
Similar to most companies this time of year, home-based care organizations are going through their budgeting and planning processes for the next 12 months. Budgets are thoughtful, strategic financial frameworks that are decided upon annually, with an eye toward the future. But this time around, providers are making spending plans with the insights gained from […]
Finding enough workers has been a longstanding pain point for in-home care providers. With the launch of a new national recruitment campaign, Interim HealthCare wants to take a proactive approach to address those persistent challenges. Interim is a Sunrise, Florida-based in-home care franchise with more than 530 locations across the U.S. The company recently launched […]
The ongoing expansion of Medicare Advantage (MA), a federal minimum-wage hike and additional support for front-line health care workers during the COVID-19 public health emergency. These are just a few of the industry-shaping topics that home health insiders are following going into Election Day this Tuesday. While each presidential election is important, 2020 will help […]
The coronavirus is expected to drive demand for home health care in the long term. But in the short term, it has yielded industry-wide declines in employment and spending. That’s according to a new data analysis released Tuesday by the Kaiser Family Foundation (KFF) in partnership with the Peterson Center on Healthcare. Specifically, KFF and […]
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