InTandem Capital Partners LLC, a health care services-focused private equity firm, has completed a strategic equity investment in HouseWorks. Both organizations declined to reveal financial details, but did confirm that it was a majority investment. “As a growing organization, partnering with InTandem Capital allows the company to expedite our growth goals, leveraging their deep expertise […]
HouseWorks
There is a significant need for federal programs that aim to prevent older adults from falling to work together and share information. Doing so, government watchdogs say, will make the home a safer place to age. That was one of the key takeaways from a recent report published by the U.S. Government Accountability Office (GAO), […]
Pennant acquires Bozeman home health provider, Twin Falls senior living asset The Pennant Group Inc. (Nasdaq: PNTG) announced last week that it has acquired the assets of First Choice Home Health, a home health and personal care services provider in Bozeman, Montana. “This acquisition complements our existing hospice operations in the state, expanding the continuum […]
For the longest time, home care providers were just trying to gain a foothold in the broader health care sector. Now times have changed, as home care services have proven to be an integral part of the overall system, especially during the public health emergency. And with changing times comes evolution. For home care leaders, […]
Maxim Healthcare Group divides into two companies Maxim Healthcare Group has divided the company’s two business units into independently operated companies: Maxim Healthcare Services and Maxim Healthcare Staffing. The company will retire the umbrella Maxim Healthcare Group brand. Maxim Healthcare Services provides home health, companion and behavioral care services. Meanwhile, Maxim Healthcare Staffing offers health […]
This year saw home care providers further build on the spotlight the public health emergency placed on the industry. No longer fighting for a seat at the proverbial table, the operators were able to fully lean into opportunities that have pushed the industry forward. More than anything, ongoing labor shortages and ways to circumvent workforce […]
Anywhere from 13,000 to 18,000 agencies make up the highly fragmented home care market. “Whatever the real number is, no one really knows,” Kunu Kaushal, founder and CEO of Senior Solutions Home Care, said last week at the Home Health Care News Home Care Conference. A big chunk of that market belongs to agencies that […]
HouseWorks announced Thursday that it has signed an agreement to acquire Connected Home Care, a home care provider that operates in Eastern Massachusetts. The Connected Home Care acquisition comes just one week after HouseWorks’ announced it purchased Atlantic Homelife Senior Care, a private home care provider that operates in Seacoast New Hampshire and Southern Maine. […]
HouseWorks makes move in key market The independent home care company HouseWorks has acquired Atlantic Homelife Senior Care. Financial terms of the transaction were not disclosed. Headquartered in Boston, HouseWorks offers mainly private-pay in-home care services to older adults in Massachusetts and New Hampshire, plus Philadelphia and parts of Maine. In addition to traditional home […]
Yet another East Coast state may soon see a COVID-19 vaccination mandate for home care workers. Following last week’s news that New York state adopted a vaccination mandate for home-based care workers, Massachusetts is considering expanding the requirements in place for nursing homes to include this group. Roughly a month ago, Massachusetts Gov. Charlie Baker’s […]
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