AccentCare Names Chief Financial Officer; Aveanna Promotes New Chief Revenue Officer

AccentCare appoints Saurabh Gupta as its CFO AccentCare has named Saurabh Gupta as its new chief financial officer. The appointment is effective Jan. 8, 2024. Prior to this appointment, Gupta was CFO at Envision Medical Group. Before that, he served as senior vice president for financial planning and analysis at Steward Health Care, one of […]

7 Home Care Companies To Watch In 2023

The home care industry, so far, has had a relatively quiet 2023. Over the past few years, the home care space has been defined by ample private equity investment, aggressive provider roll-ups, exciting Medicare Advantage (MA) developments and innovative cross-continuum partnerships. There has been much less action this year, despite the continued focus on social […]

Companion Care Linked To Lower Health Care Costs, Positive Health Outcomes

Companionship care can play a key role in improving the lives of seniors and addressing a number of challenges seen across health care, new studies suggest. No one understands this more than Papa, a “family-on-demand” startup. The company commissioned a series of studies that examined the impact of companion care on overall health. Founded in […]

After Layoffs, Papa CEO Lays Out Vision For Company’s Future

The in-home companionship company Papa went from a scrappy startup to a nationally recognized brand partnering with some of the largest payers in the country in a very short period of time. But no startup’s journey is completely smooth, as just about any entrepreneur will tell you. And in July, the company was forced to […]

At-Home Care Company Papa Lays Off 15% Of Workforce

Papa, a company that provides in-home companionship services for older adults and their families, has laid off 15% of its workforce. Its CEO, Andrew Parker, announced the news late Wednesday on LinkedIn. “Today was a tough day for Papa. In light of the current environment and our long-term goals, I made the difficult decision to […]

In-Home Companionship Company Papa Raises $150M, Reaches Unicorn Status

Papa, the company that provides in-home companionship services for older adults and their families, has reached unicorn status. The Miami-based aging services startup announced a $150 million Series D round on Thursday, bringing its total funding to $240 million since its 2017 founding. Led by founder and CEO Andrew Parker, Papa now has a valuation […]

Anthem MA Plans to Offer New In-Home Support Benefit in 2022

Newer supplemental benefits like access to in-home support services or a personal care helper have helped Anthem Inc. (NYSE: ANTM) attract and retain Medicare Advantage (MA) members over the past couple of years. Perhaps it’s no surprise then that the Indianapolis-based Anthem and a number of its affiliated health plans are adding on to their […]

Papa Partners with Milliman’s HealthIO to Create More Touch Points in the Home for Seniors

The senior companionship company Papa has made another partnership that will accelerate its impact on seniors aging in place across the country. Milliman Inc. — a global consulting and actuarial firm — and Papa are teaming up to provide hands-on help to Milliman’s HealthIO program members. HealthIO is a mobile platform that helps seniors with […]