Home care executives are expecting a few separate things to shake up the market in the coming years. Among those are an increase in franchising, more private equity involvement and innovation to keep pace with higher costs. Consolidation in home care has lagged compared to home health care. One of the reasons why is that […]
Category: Private Equity
Private equity interest in home-based care has steadily increased over the years. The number of company names now preceded by “private equity-backed” in Home Health Care News stories is all the evidence you need. I wondered if PE firms would back off during the period between the unfavorable proposed home health payment rule and the […]
Pushed by the White House, federal watchdogs have a new directive – cracking down on private equity in health care. While they’ll largely be targeting nursing homes and PE investment as part of a recently unveiled senior care initiative from the Biden administration, there will likely be ripple effects in the home-based care space. In […]
Nick Loporcaro, the former CEO of Landmark Health, has joined The Vistria Group as a senior operating partner. He makes the transition from the provider side to private equity geared with decades of health care experience – and years of at-home care experience. Loporcaro led Landmark – an in-home medical care provider – until it […]
Nick Loporcaro joins The Vistria Group The former CEO of Landmark Health, Nick Loporcaro, has joined the The Vistria Group as a senior operating partner for its health care team. Loporcaro served as the CEO of Landmark, an in-home medical care provider, for over three years. The company was acquired by UnitedHealth Group’s (NYSE: UNH) […]
In 2021 alone, a handful of investment organizations have launched with the objective of operating within the value-based care space. The existence of these companies exemplifies how businesses in value-based care are increasingly becoming attractive commodities. Broadly, value-based care is the concept of paying providers based on some measure of the quality of their care […]
Trella Health – a post-acute analytics and metrics firm – has closed on a “significant” funding round, the company announced Tuesday. Financial details were not disclosed. The round was led by Cressey & Company LP, a private investment firm focused on health care services and information technology businesses. Cressey & Company has also invested in […]
The past few years have seen private equity players plant a flag in the home care space, particularly in the franchising world. In 2021, this trend has only increased with the heightened demand for home care services. Roughly $66 billion in PE investment went out to various health care sectors in 2020, a 21% increase […]
It’s no secret that private equity is shaping the present and future of home-based care in the United States. It appears to me that in-home care is also rubbing off on PE, however, with multiple examples of the idea coming this week. Generally speaking, private investment groups can come in all shapes and sizes. For […]
When private equity giant Welsh, Carson, Anderson & Stowe (WCAS) launched its new portfolio company Valtruis last week, it dedicated the new venture to value-based care. And while Valtruis didn’t specify its exact investment areas, it seemed likely that “the home” would play a big part, given the rise of new in-home care models. “We’re […]