Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
One of the biggest home-based care deals of the year thus far was Waud Capital’s acquisition of Senior Helpers. The Maryland-based franchise – which was previously owned by the health system Advocate Health – will be the foundation of Waud Capital’s home care platform moving forward. Overseeing that platform will be Steve Jakubcanin, the home-based […]
Personal home care providers have begun to ditch blanket approaches, instead opting for more patient-by-patient specificity. Going further to meet individual client needs enables home care to make a greater impact, while also increasing client satisfaction. “One of my favorite geriatricians once said, ‘If you’ve seen one senior patient, you’ve seen one senior patient,’” Senior […]
Three years after being acquired by Advocate Aurora Health, Senior Helpers has a new home. The personal care company has been sold to Waud Capital, a Chicago-based middle-market private equity firm. Senior Helpers declined to disclose the transaction purchasing price. The wheels for the acquisition began turning following Advocate Aurora’s merger with Atrium Health in […]
Most buyers in home health and personal care are signaling they’ll be more active in the M&A market this year. That’s according to a new Mertz Taggart report, which included responses from over 50 potential home-based care buyers. Nearly 80% said they planned to be more acquisitive in 2024 compared to 2023. But some of […]
The private equity firm Waud Capital has acquired the home care franchise Senior Helpers. Advocate Aurora Health acquired Senior Helpers in 2021, with the idea that the health system would “own the full continuum.” A year and a half later, however, Advocate Aurora merged with Atrium Health, forming one of the largest health systems in […]
More than a dozen home-based care companies have earned a spot on Entrepreneur’s 45th annual Franchise 500 rankings. Their inclusion on this list points to the fact that home-based care franchise networks are some of the fastest growing in the country. In order to be ranked on the list, a franchise company needs to be […]
While home care providers are working to mitigate headwinds – such as the rising cost of delivering care and staffing challenges – they also have their eye on where the industry goes from here. As 2024 approaches, home care leaders are embracing AI, alternative payer sources, employee-centric solutions and much more. Home Health Care News […]
The Franchise Times recently released its annual ranking of the largest franchise systems in the country. Of the 500 companies that grabbed a spot on the list, 16 are home-based care franchise companies. The list is based on last year’s global systemwide sales — total sales for both franchise and company units — performance. In […]
Now that the public health emergency (PHE) has ended, one segment of the senior care space that had a particularly difficult time throughout the pandemic could make a serious comeback. That is adult day services. “Adult day definitely struggled during the pandemic in a lot of ways that other care models didn’t,” Brendan Flinn, a […]
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