When the federal government introduced the Paycheck Protection Program (PPP), officials made it clear that PPP loans were designed to help small businesses stay afloat and afford payroll amid the coronavirus. In the home-based care space, however, the problem is that many small business owners might not be equipped to deal with the intricacies and […]
Category: Franchises
For years, the trend of aging in place has been heating up, with more and more seniors opting to grow old in their homes. Now, the coronavirus has added even more fuel to the fire. Widespread COVID-19 outbreaks at skilled nursing facilities and assisted living centers have further reinforced what home-based care providers have known […]
Despite its many negatives, the global recession induced by the COVID-19 virus could set the stage for home care franchise systems to see a period of strong growth. In addition to being a public health emergency, COVID-19 is having a far-ranging economic impact. As states began implementing shelter-in-place orders, asking residents to stay home and […]
BrightStar Care is one of the largest in-home care franchises in the country. While having a big footprint is a goal of most companies, during the COVID-19 crisis, it raises the stakes of every move that is or isn’t made. Based in Chicago, BrightStar Care offers medical-level in-home care, non-medical home care and medical-staffing services […]
Best Life Brands names new CEO Best Life Brands — a holding company that owns the franchised home care providers ComForCare and At Your Side — has hired a new CEO. J.J. Sorrenti stepped into the role earlier this month and will oversee the strategic growth plans for all Best Life Brands. Those include ComForCare […]
Interim HealthCare has been part of the nation’s COVID-19 response effort since the virus first reared its head at the Life Care Center in Kirkland, Washington. An area Interim franchise location deployed its home care team to help transition both COVID-19 positive and negative patients out of the nursing home while also sending additional staff […]
Under normal circumstances, in-home care providers and their professional caregivers are often tasked with being first to notice any changes in a person’s health. For Senior Helpers, this duty carries even more weight during the COVID-19 pandemic. In some ways, the coronavirus outbreak has turned the home care franchise company and its locations into first-responders, […]
Denver-based Homewatch CareGivers is already one of the biggest franchise brands in home care. But it still wants to be bigger. Overall, the PE-backed Homewatch CareGivers added 17 locations in 2019, and it plans to add at least 22 more this year. It currently has over 200 locations spread across the U.S. Its parent company, […]
BrightStar Care is looking to expand its footprint in 2020, specifically into markets such as Nashville, Tennessee, Albuquerque, New Mexico, Cleveland and Seattle. The Chicago-based in-home care franchise is also in the middle of a push to break into the Pennsylvania market. As part of its business model, BrightStar offers medical-level in-home care, non-medical home […]
Total non-farm payroll employment rose by 225,000 in January, according to the most recent data from the U.S. Bureau of Labor Statistics. Meanwhile, the national unemployment rate was little changed at 3.6%, with notable job gains happening in construction, health care, transportation and warehousing. Translation: An already tight labor market is getting even tighter for […]