Transactions: Kendal at Home Expands Footprint; Help at Home’s Expansion to New York

Kendal at Home expands its footprint in Massachusetts, Kentucky

Kendal at Home, an at-home care provider that follows the CCRC-without-walls model, is expanding.

The nonprofit announced this week that it has expanded its services to include residents in the Boston area of Massachusetts and Northern Kentucky.

“Our presence in Massachusetts and Ohio has built over the years and through this time we’ve come to understand the needs of older adults in these regions. We are thrilled to welcome more members within Massachusetts and in Ohio’s neighboring state of Kentucky,” Lynne Giacobbe, CEO of Kendal at Home, said in a press release. “For those whose best and most desired option is to remain at home, Kendal at Home provides members the resources and services to help them age in place while retaining their autonomy, dignity and peace of mind.”

Launched in 2004, the Cleveland-based Kendal at Home is one of the oldest, largest and most well-known “CCRC without walls” in the U.S. The company is an affiliate of Kendal Corporation, a nonprofit senior housing provider with 13 communities across its eight-state footprint.

Kendal at Home was originally launched under the auspices of Kendal at Oberlin. Due to growing demand and a proven ability to keep members healthy at home, it eventually evolved into an independent affiliate of the larger Kendal system around 2016.

Personal-Touch Home Care acquires Neighbors Home Care

Personal-Touch Home Care (PTHC) – an in-home care provider with a footprint across New York – has announced the acquisition of Bronx Community Home Care Inc., also known as Neighbors Home Care.

“We are delighted to welcome a truly phenomenal group of health care professionals,” Rob Caione, CEO of PTHC, said in a press release. “The need for more robust and better care solutions became all too apparent during the recent pandemic. We are well positioned for the surge in demand we are already seeing for home care services.”

Caione also noted he’s confident that this will not be the company’s last acquisition as PTHC expands its footprint throughout the New York market.

The latest acquisition means PTHC now has 4,500 caregivers looking after 3,600 patients in the New York City, Long Island and Westchester communities. The company also announced it will hire more caregivers following this week’s acquisition.

Jordan N. Shames, the president and CEO of Neighbors Home Care, will retire after 37 years with the company.

Synergy HomeCare sells 9 new territories

Synergy Home Care continued on a steady growth trajectory in the first quarter of 2022, selling nine new territories and expanding in Florida, Colorado and other states.

The franchise has sold more than 100 new territories in the last two years, increasing its system size by 25% since March 2020. In 2021, the company sold 52 territories, a 37% increase compared to 38 territories in 2020.

Synergy is a Gilbert, Arizona-based non-medical home care franchise that operates more than 400 franchise locations nationwide. The company offers companionship services, in addition to personal assistance, housekeeping, live-in care and 24-hour home care services.

“Demand for home care remains high post-pandemic, due to demographics as well as an increasing desire to age in place, both of which are fueling our pipeline,” Charlie Young, CEO of Synergy HomeCare, said in a press release. “Compassionate entrepreneurs recognize the unique opportunity in the home care segment, to not only build a business, but to make a difference in their community,”

Help at Home expands into New York

Help at Home, one of the larger home care organizations in the U.S., announced last week the acquisitions of Edison Home Health Care and Preferred Home Care of New York.

Between the two agencies, Help at Home will gain 10,500 new clients, 12,000 new employees and a geographic footprint in at least 55 New York counties. The acquisitions will additionally bolster its footprint in Pennsylvania.

The move is likely the first major step for Help at Home after announcing key leadership hires in January and boasting new private equity backing.

“We love the fact that they’re in the state of New York and the geographic diversity that these two acquisitions will bring to Help at Home,” Tim O’Rourke, the president of Help at Home, told Home Health Care News earlier this month. “New York is the largest home- and community-based services state in the country. We love a state that has that density and providers that have that density, much like we have throughout the rest of Help at Home.”

The company had been rumored to enter the public market but has not yet commented on any plans to do so.

At the end of 2021, Help at Home made three other acquisitions across the U.S. – one in Ohio, one in Pennsylvania and another in Georgia.

Parentis Health acquires home care provider Pop-in-Care

The California-based senior care company Parentis Health has acquired Pop-in Care, a licensed home care provider for elderly individuals with disabilities or other serious conditions.

Pop-in Care’s model is based around short visits without minimum hourly or weekly time or visitation requirements. For Parentis, the deal presented an opportunity to ensure the company was filling potential gaps in the care continuum and to ensure patients can age in place.

“Pop-in Care offers that additional level of care for patients who do not need many home care hours, but may need someone to help them a few hours a week with bathing, grooming, primary caregiver relief, or simply companionship,” Masha V. Petrova, chief marketing officer for Parentis Health, told Hospice News earlier this month. “With our acquisition of Pop-in-Care, we’ve simply extended our service offerings to deliver a more comprehensive experience to our clients and patients.”

Pop-in Care Founder Teri Frianeza Frianeza will continue to lead the business as a division of Parentis, reporting directly to the parent company’s CEO Tarek A. El Nabli.

The company will operate as a Parentis Health subsidiary and will not rebrand. Financial terms for the deal were undisclosed.

VillageMD expands into Colorado, opens new practices

VillageMD is opening two new practices in Colorado as it continues to expand its footprint in the West.

VillageMD will add more than 80 primary care clinicians across 10 primary care locations by acquiring Associates in Family Medicine and Rocky Mountain Family Practice this spring.

“We’re looking forward to welcoming new and existing patients from Fort Collins, Longmont, North Boulder County and beyond to experience primary care as it should be – available, personalized and conveniently coordinated around their needs,” VillageMD CEO Tim Barry said in a press release. “Patients needing care for complex and chronic conditions also benefit from our team-based care model of high patient engagement and education.”

VillageMD — with the help from over $6 billion invested from Walgreens — wants to be the “the largest at-risk primary care provider” in the country.