About 15 years ago, Scott Powder — the president of Advocate Health Enterprises — was excited about a new idea. It was 2008 and the project was dubbed “Clinically Home”. The mission was to scale a hospital-at-home program pioneered by Johns Hopkins University. Advocate Aurora Health, Amedisys Inc. (Nasdaq: AMED) and Raphael Rakowski – now […]
It’s been two years since Advocate Health Enterprises acquired Senior Helpers. Since then, the home care franchise has entered a new phase. While this wasn’t the first time Senior Helpers has been on the other end of an acquisition — the company has been sold three times in its history — it was the first […]
When Advocate Aurora Enterprises — a subsidiary of Advocate Aurora Health – acquired the home care provider Senior Helpers around this time last year, it came as a surprise to some. The surprise wasn’t due to the fact that Senior Helpers was acquired, but instead because of the acquirer. The Midwest-based Advocate Aurora Health is […]
Home care franchise giant Seniors Helpers entered this year with big ambitions, partly fueled by its April 2021 acquisition by Advocate Aurora Enterprises. Those ambitions include new data initiatives to take the international home care provider to the next level, as well as staffing investments to help win the workforce battle, according to co-founder and […]
With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]
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 […]
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 […]
One of the largest home care organizations in the country has been acquired by one of the nation’s biggest health systems. Advocate Aurora Enterprises — the recently established subsidiary of Midwest-based Advocate Aurora Health, one of the 12 largest not-for-profit, integrated health systems in the U.S. — announced Thursday it has acquired Senior Helpers. The […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy
