[CORRECTED] PE Firm Alpine Investors Adds Advantage In-Home Services to its Portfolio

Advantage In-Home Services, a provider of personal home care, has been acquired by Alpine Investors* and will partner with Alpine’s portfolio company TEAM Public Choices. The deal should help TEAM expand geographically and service-wise, and will yield liquidity to Advantage’s founder, who is retiring. Financial terms were not disclosed. Prior to this transaction, Advantage In-Home […]

Large Senior Housing Provider Kendal Expands At-Home Services

Kendal Corp., one of the largest nonprofit senior housing providers in the nation, is making a push to expand its Kendal at Home offering, as part of a recently devised strategic plan. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in which members put down an entrance […]

Best Buy Tests Home Care Monitoring Technology

Forget the latest iPhone release, retail giant Best Buy (NASDAQ: BBY) has unveiled a new technology service as part of its in-store product line-up that aims to serve seniors and baby boomers. The Richfield, Minnesota-based retailer has added its name among other national, well-known brands offering technology solutions to senior care, rolling out its Assured […]

Despite Headwinds, Home Health Valuations Remain 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 […]

Editor’s Picks: Prior Authorization Is Here

This week, Home Health Care News readers were among the first to know that the Centers for Medicare & Medicaid Services (CMS) officially plans to launch the home health prior authorization requirement in five U.S. states. Readers also learned why some experts believe an overtime wage rule will not impact the home care industry too […]

More Senior Living Companies Get on the Home Care Bandwagon

More of the nation’s largest nonprofit senior living providers are adding home and community-based services to their offerings, the 2015 LeadingAge Ziegler 150 reveals. The report, now in its 12th edition, lists the largest not-for-profit systems offering aging services through senior living in the country, by order of their total owned market-rate units, as of […]

Home and Community-Based Services Are Becoming Essential in Senior Living

Home and community-based services (HCBS) are grabbing the attention of senior living providers, and a growing number are entering the sector, data show. Today, more than half, or 52% of the largest not-for-profit system providers offer some sort of home and community-based service off-campus to non-residents, according to a recent Ziegler article citing research from the […]