It’s no secret that private equity is shaping the present and future of home-based care in the United States. It appears to me that in-home care is also rubbing off on PE, however, with multiple examples of the idea coming this week. Generally speaking, private investment groups can come in all shapes and sizes. For […]
Last week, the investment arm of Advocate Aurora Health acquired Senior Helpers, the giant home care franchise organization that domestically operates across 44 states. Advocate Aurora Enterprises pulled the trigger on the Maryland-based Senior Helpers as part of its three-pronged investment thesis around aging, parenthood and well-being. According to a report from PE Hub, Advocate’s […]
It’s been a little more than a year since San Francisco-based startup Honor launched a new strategy focused on partnering with existing home care providers. The partnership approach has so far helped Honor shift to a more sustainable business model and expand its market presence, company leaders say, but it has generated persistent rumors and […]
The in-home care industry is seeing record-breaking valuations and a historic pace for mergers and acquisitions. Heavy investment from private equity firms is among the dominant drivers of that action, and not just for in-home care, but for the U.S. health care sector more broadly. As private equity becomes increasingly involved in the health care world, […]
SYNERGY HomeCare, a franchisor with about 300 locations nationwide, has been sold to private equity firm NexPhase Capital for an undisclosed sum. Gilbert, Arizona-based SYNERGY offers a range of non-medical personal care to seniors, as well as clients with developmental or physical disabilities, and people recovering from surgery or illness. “We very much look forward to […]
The family-owned business, passed on from generation to generation, is an archetype of American commerce. In practice, however, most “mom-and-pop” home care and home health agencies are content to take the money and run when it comes time to pass the business into new hands. “It’s rare to have a child to take over, rare […]
The strong role hospice plays in the post-acute care continuum is being realized more and more by consumers, driving a surge in mergers and acquisitions (M&A) activity and overall interest in the space by home health providers. In fact, during Amedisys, Inc.’s (Nasdaq: AMED) third-quarter earnings call, CEO Paul Kusserow declared the company’s focus on […]
Home health care was among the top 15 industries for return on equity (ROE) over the last 12 months, a financial statement analysis of privately held companies by financial information company Sageworks found, Forbes reported. ROE is calculated by dividing annualized net income by total equity, and strong net income, low equity or a combination of both can drive high […]
The home health sector has faced a few hurdles since the beginning of 2017. Publicly announced home health M&A activity proved lackluster in the first and second quarter of the year, as the industry continues to reel from regulation overload from the Centers for Medicare & Medicaid Services (CMS). But despite these challenges, investors are still drawn to the industry, even […]
Hometeam will now be accepting Medicaid in New York City, becoming the first of a new breed of home care companies to tap the government insurance program for low-income individuals. Founded in 2013, Hometeam came out of stealth mode last year and announced an $11 million funding round. Since then, it has continued to secure […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy
