Having an eye towards growth also means being aware of potential roadblocks that could obstruct forward momentum. Home care leaders at companies like Comfort Keepers, Nova Leap and TheKey are navigating various barriers amid their efforts to further scale. At Comfort Keepers, the Ensuring Access to Medicaid Services rule is top of mind. Specifically, the […]
Comfort Keepers
In August, Comfort Keepers was fined $500,000 and forced to remove language from its contracts restricting caregivers from accepting positions with home care clients up to one year after terminating employment. That contract language, dubbed a non-solicitation agreement, is a widely used clause in home care contracts to protect providers’ businesses. On its end, the […]
Home care companies are constantly looking for new growth avenues and expansion opportunities. In order to reach new heights, leaders at companies like TheKey, Comfort Keepers and Nova Leap are exploring various strategies to scale their businesses. For TheKey, this means focusing on three main areas. One of these areas is the company’s “boots on […]
While some private equity investors have been sidelined by macro and micro headwinds, there are still plenty of PE firms invested in home-based care that like where they are. On the Medicare-certified home health side, one factor that may have made investors hesitant to enter the space is the challenging payment landscape. Despite this, Kaltroco […]
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 […]
The Halifax Group has acquired the worldwide home care division of Sodexo, which includes the Comfort Keepers brand. Overall, more than 700 home-based care locations across the world are included in the deal. The transaction is expected to close in the fourth quarter. Financial details were not disclosed. “We just love the [home care] space […]
Home care franchise systems have had their COVID-19 journeys documented well. Over the last nine months, they’ve seen their referrals fluctuate and their personal protective equipment (PPE) supplies run dry. Many have had to overhaul their virtual care strategies and infection control protocols while also finding innovative ways to recruit new workers. The journeys of […]
Jiffy Lube, Motel 6, Great Clips and Culver’s. These are just a few of the U.S. franchise giants that Home Instead Senior Care outsold in 2018. That’s according to the latest Top 200+ ranking from Franchise Times, an annual compilation of top-selling franchises based on systemwide sales. Other home care franchises winning the sales game […]
The Home Care Association of America (HCAOA) and the California Association for Health Services at Home (CAHSAH) are suing the state of California over a policy that gives labor unions access to caregivers’ personal information for the purpose of organizing. In their suit, the plaintiffs, represented by Littler Mendelson, claim that the state policy is […]
Despite objections from the home care industry, legislation that would allow caregivers in one state to poach clients appears to be moving forward after getting support from the governor. “We strongly believe the health, safety, and comfort of our elderly or persons with disabilities should not be disrupted by an employer limiting their employees with […]