Traditions Health announces Serenity Health Management acquisition Traditions Health continues to be acquisitive. The College Station, Texas-based home health and hospice agency announced the acquisition of Serenity Health Management last week, moving it into Kansas for the first time from a home health perspective. Serenity is also a provider of both home health and hospice […]
24 Hour Home Care
A Los Angeles-based health system is teaming up with a home care provider to give patients an easier path in their pursuit of aging in place. PIH Health announced Thursday it is teaming up with 24 Hour Home Care and adding a customized service called “PIH Health at Home.” The offering will include personal care, […]
Home care’s stock has continued to rise, as partners and payers increasingly acknowledge the value of non-medical support. But as home care providers increasingly solidify their role in the larger care continuum, they will need to beef up their sales and marketing efforts in order to truly capitalize on opportunities. At Griswold Home Care, this […]
TEAM Services Group – a portfolio company of the “anti-private equity firm” Alpine Investors – has acquired 24 Hour Home Care. The exact details of TEAM’s investment in the Los Angeles-based home care company have not yet been disclosed, but it is a majority investment, according to 24 Hour Home Care President and co-founder Ryan […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Ryan Iwamoto, president and co-founder of Los Angeles-based 24 […]
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 […]
Often in the home-based care field, transactions are driven by companies seeking to expand their service lines to become one-stop shops for referral partners. Sometimes, however, dealmaking is ignited by a desire to double down on existing expertise. An example of the latter M&A tactic happened Wednesday, with 24 Hour Home Care buying the non-medical […]
Elder Care Homecare, HomeWell Care Services, 24 Hour Home Care and Georgetown Home Care (GHC) are four of the fastest-growing aging-in-place providers in the nation. Revenue diversification, cross-continuum partnerships and niche service offerings have allowed each home care business to maintain strong growth over the past 18 months, even during a pandemic that has triggered […]
Hundreds of in-home care workers in Rhode Island have resigned from their posts due to the state’s mandatory vaccine policies, the Rhode Island Partnership for Home Care announced Tuesday. That, in turn, has jeopardized patient care in the state. An emergency declaration was made Aug. 17, requiring all licensed health care workers in Rhode Island […]
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 […]
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