Senior Housing Will Be Too Pricey for 54% of Mid-Income Older Adults by 2029

By 2029, nearly 8 million middle-income older Americans won’t be able to afford senior housing at today’s average market rates, new research shows. While the statistics have negative implications for the senior housing industry, they create opportunities for home-based care providers, whose services are often the least expensive option for seniors. The findings come from […]

Senior Helpers, Home Helpers, VNSNY Navigate Industry Headwinds

Despite the growing demand for in-home care, operating home care and home health agencies has never been more complex. Workforce and regulatory challenges are largely to blame — but the roadblocks are not insurmountable, industry leaders say. Executives from some of the largest home-based care organizations in the U.S. identified their top headwinds — and […]

Thrive: Senior Helpers Franchisee Steadily Acquiring New Territories

After catching a brief glimpse of the value home care offers, entrepreneur Ross Goodson purchased the rights to his first Senior Helpers franchise territory in 2009. But unlike many older, more well-established franchise owners, he was only 26 years old at the time. As of April 1,2019, Goodson had a total of five Senior Helpers […]

New Respite Program Offers Select Families Discounted Caregiver Relief

Despite the physical and emotional demands of caregiving, financial constraints keep many people from seeking outside help for their loved ones. But a program out of California aims to offer certain family caregivers relief. San Diego County has allocated $1 million toward respite care for middle-class family caregivers who look after relatives with Alzheimer’s disease […]

3 Ways Home Care Providers Can Maximize an Employee’s Last Day

With industry turnover rates consistently above 60% and estimated costs to replace veteran employees averaging thousands of dollars, strengthening retention remains a top priority for most home care providers. Getting off to a good start with new hires is a pillar to successful retention, but providers can’t afford to overlook employees’ last day on the […]

Senior Helpers’ Town Square Model Gaining Steam as Investors Eye Adult Day Care

Home-based care is often lauded for allowing seniors to age in place while saving the health care system thousands of dollars by decreasing hospital admissions. But with costs that don’t always come cheap to clients and nationwide caregiver shortages, home-based care isn’t without challenges. An increasingly popular way to address them is with adult day […]

5 Ways to Create an Ideal First Day for Home Care Hires

Even with rapid-fire regulatory changes, potential technology disruption and sweeping consolidation on the horizon, most home care leaders agree: The recruitment and retention of workers is still the industry’s No.1 challenge. With industry turnover hovering above 60% and a national unemployment rate dipping to below pre-2008 levels, it’s crucial home care agencies hit the ground […]

Interim Rises to Top of Senior Care Category on Franchise 500 List

Interim HealthCare Inc. beat out its competitors to top Entrepreneur’s Franchise 500 Rankings in the senior care category. On last year’s list, Interim ranked below Right at Home, Nurse Next Door, FirstLight Home Care, Visiting Angels and BrightStar Care. Since 1980, the annual list has evaluated the strength of franchise opportunities in industries across the […]

Home Care Executive Forecast: 2019 Trends, Challenges, Opportunities

From an ongoing labor crunch to evolving Medicare Advantage opportunities, U.S. home care providers face numerous challenges but also exciting opportunities heading into 2019. Many private-duty players anticipate tech investments and increasing integration with the overall health care system, as revealed in these forecasts from CEOs and upper level executives. In 2019, older adults and […]