LHC Group purchases Virginia providers The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Plus, the purchases complement […]
Senior Helpers
At a time when the home care industry is plagued with workforce shortages, Senior Helpers, 24 Hour Home Care and ComForCare have made a name for themselves as best-in-class employers. Among common retention tactics, all three organizations actively elicit feedback by surveying staff on a regular basis. Senior Helpers, 24 Hour Home Care and ComForCare […]
Several of home care’s biggest names made it on to Fortune’s “Best Workplaces in Aging Services” list for 2021, including several that have earned the recognition in the past. Released Friday, the Best Workplaces in Aging Services list is put together each year by Activated Insights, a subsidiary of Great Place to Work. The ranking […]
President Joe Biden’s recent executive order on “Promoting Competition in the American Economy” has, overall, 72 separate initiatives that it is looking to push forward. But one of the main ones takes on something that is very prevalent in home-based care, often from the executive level on down: non-compete agreements. Specifically, the executive order requests […]
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
Baxter takes over as Senior Helpers’ COO Senior Helpers has promoted Mari Baxter to the role of chief operations officer. Baxter first joined Senior Helpers as a field operations manager in 2008, back when the home care franchise company only had 40 locations. As Senior Helpers grew, she took on more responsibility, eventually becoming VP […]
While the COVID-19 crisis’ primary effect on the home care industry may have been temporary, its secondary effects could be more long-lasting. The same idea holds true for other aging services providers as well. A recent report from the American Health Care Association (AHCA) highlighted the economic headwinds that providers are facing even as the […]
The old adage “there is strength in numbers” has stood the test of time because it’s largely true. To remain competitive and gain an edge over competitors, home care operators must form strategic partnerships with a wide variety of organizations. Common examples include collaborations with transportation companies like Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT), […]
Senior Helpers announces senior director of strategic programs Senior Helpers has named David Chandler its senior director of strategic programs. Maryland-based Senior Helpers is a home care franchise organization that operates across 44 states. The company — recently acquired by the investment arm of Advocate Aurora Health — has over 320 locations worldwide. In his […]
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 […]
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