While the majority of their services and energy is concentrated in U.S. markets, a number of home-based care providers are continuing to see the value in participating in international markets. By providing services to countries around the world — whether directly or through franchisees — several U.S.-based companies have taken advantage of demand overseas by […]
The home-based care technology company Honor on Wednesday unveiled “Honor Expert,” an online tool designed to be the liaison between seniors, their families and aging-related solutions. The goal: to be a “one-stop shop” for seniors looking for a variety of services, including home-based care. Honor Expert already has 14 national partners, including Amazon Business, Best […]
Honor is back in the spotlight in a big way, just two months after it announced its industry-shaping acquisition of Home Instead. The San Francisco-based company announced Tuesday it has raised $70 million in Series E funding, in addition to securing $300 million in debt financing. Honor has earmarked the funds to further invest in […]
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/. Lakelyn Hogan, a gerontologist and caregiver advocate at Omaha, […]
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off […]
As the U.S. population ages, there has been a struggle to keep up with the demand for caregivers. Building the caregiver workforce will take a number of strategies that each address the various challenges that these workers face. Several recommendations were highlighted in a new report by the Global Coalition on Aging (GCOA) and Home […]
From an ongoing labor crunch to evolving Medicare Advantage opportunities, U.S. home care providers face numerous challenges but also exciting opportunities heading into 2019. Many private-duty players anticipate tech investments and increasing integration with the overall health care system, as revealed in these forecasts from CEOs and upper level executives. In 2019, older adults and […]
Aging in place can create isolation and loneliness for seniors, but startups such as Papa and Silvernest are working in an effort to combat these complex problems. They are eager to interface with home health providers in more meaningful ways, and are planning to do so in the near future. Silvernest is a home sharing […]
Appearing alongside international heavyweights like McDonald’s and Hilton Hotels, several home care companies have made Entrepreneur magazine’s new rankings of the top global franchises. Interim HealthCare was the top-ranked home care franchise, coming in at No. 19 on the 200-company list. The list is based on data submitted to Entrepreneur for the publication’s annual Franchise […]
The competition for labor is old news for many home care agencies, but the number of workers who are ready to jump ship might be surprising even to industry veterans. Specifically, 65% of caregivers are “always looking for a better job,” while 97% are open to a job opportunity at any given time, according to […]
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