Investors were bullish on home care on Tuesday, following news that Medicare Advantage (MA) plans would officially be allowed to cover non-skilled home care services starting in 2019. Care providers were excited as well, making the case that they are well-positioned to seize this opportunity, even as they are trying to determine its scope. The […]
Around the nation, home care and home health executives are looking into 2018 with their eyes wide open. With major deals being announced at the end of the year, some are expecting greater M&A activity in the year ahead, while others are still on high alert over new regulations. “I believe 2018 will see the […]
Private duty home care offers many vital services for seniors who need services to age in place. But what happens when clients have a change in health and need more support? Private duty caregivers are often the first lines of defense against rising acuity levels, but there are some signs when a client needs more advanced care. Home […]
A number of home care franchisors have been acquired by private equity groups as of late—Homewatch International, franchisor of Homewatch CareGivers, among them. As part of the transaction, former CEO Leanne Reynolds stepped down from her position, and former COO and President Julie Smith took over the helm. Homewatch CareGivers, which has more than 200 locations […]
Homewatch International, franchisor of Homewatch CareGivers, is the latest home care company with new private equity ownership. Authority Brands, a portfolio company of PNC Riverarch Capital, has acquired Homewatch International, according to a press release issued Thursday. There are more than 200 Homewatch CareGivers locations across the United States, Canada, and Latin America, providing in-home […]
More than halfway through 2017, Colorado-based Homewatch CareGivers is aiming to add more franchise locations and continue its growth spurt. Over the past 12 months, the non-medical in-home care provider has seen 15 new franchisees purchase Homewatch CareGivers offices, with seven new locations opened in the first half of 2017. The recent growth is part […]
One of the nation’s largest home care franchise companies is investing heavily in its technology capabilities to keep up with a health care landscape that’s shifting toward value-based care—and to ensure private duty is engrained as a valued partner in the continuum of care. Denver-based Homewatch CareGivers International, a non-medical in-home care services provider with more than 200 […]
Investors Drop $4 Million on PreparedHealth Some well-known investors have opened their wallets for a Chicago startup focused on social media and big data. PreparedHealth recently picked up $4 million from Chicago Ventures, Pritzker Group Venture Capital, Beverly Capital and Meridian Street Capital, reports Crain’s Chicago Business. PreparedHealth’s signature product is an app called enTouch, […]
Home Instead Senior Care and Visiting Angels are among the home care companies that franchisees like best, according to a report by Franchise Business Review, a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. The report consists of survey responses from 28,000 franchise operators who represent 339 […]
Home care services have emerged as one of the most popular industries for franchises, according to a new report released by Franchise Business Review. The report, Senior Care Franchises, explores the fast-growing, multi-billion dollar home care industry and assesses franchise investment opportunities. Franchise Business Review first looked at the senior home care industry in 2010 […]
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