The private equity firm Waud Capital has acquired the home care franchise Senior Helpers. Advocate Aurora Health acquired Senior Helpers in 2021, with the idea that the health system would “own the full continuum.” A year and a half later, however, Advocate Aurora merged with Atrium Health, forming one of the largest health systems in […]
Senior Helpers
More than a dozen home-based care companies have earned a spot on Entrepreneur’s 45th annual Franchise 500 rankings. Their inclusion on this list points to the fact that home-based care franchise networks are some of the fastest growing in the country. In order to be ranked on the list, a franchise company needs to be […]
While home care providers are working to mitigate headwinds – such as the rising cost of delivering care and staffing challenges – they also have their eye on where the industry goes from here. As 2024 approaches, home care leaders are embracing AI, alternative payer sources, employee-centric solutions and much more. Home Health Care News […]
The Franchise Times recently released its annual ranking of the largest franchise systems in the country. Of the 500 companies that grabbed a spot on the list, 16 are home-based care franchise companies. The list is based on last year’s global systemwide sales — total sales for both franchise and company units — performance. In […]
Now that the public health emergency (PHE) has ended, one segment of the senior care space that had a particularly difficult time throughout the pandemic could make a serious comeback. That is adult day services. “Adult day definitely struggled during the pandemic in a lot of ways that other care models didn’t,” Brendan Flinn, a […]
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 […]
While the home health sector deals with rate cuts, the home care industry is fighting its own monetary battle: the rising cost of services. That’s just one dynamic that could change the way home care agencies do business in the new year. At the same time, providers are also investing in what they believe to […]
The new year is shaping up to be another critical one for personal home care agencies. While bill and pay rates continue to rise, many agencies are figuring out how to provide long-term sustainable care plans that are both effective and affordable. At the same time, technology implementation and data collection are two aspects of […]
Three years ago, Senior Helpers rolled out its Life, Independence, Function, Evaluation (LIFE) Profile assessment tool. The hope was to break the unfortunate – but typical – cycle of injury, hospitalization and rehospitalization. Since its implementation, Senior Helpers has seen success utilizing its LIFE Profile tool to stop what the company refers to as the […]
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/. David Chandler, senior director of strategic programs at the […]
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