24 Hour Home Care

24 Hour Home Care Buys Non-Medical Division of Home Health ‘Bundling Expert’ GrandCare

Often in the home-based care field, transactions are driven by companies seeking to expand their service lines to become one-stop shops for referral partners. Sometimes, however, dealmaking is ignited by a desire to double down on existing expertise. An example of the latter M&A tactic happened Wednesday, with 24 Hour Home Care buying the non-medical …

24 Hour Home Care Buys Non-Medical Division of Home Health ‘Bundling Expert’ GrandCare Read More »

‘We Can Be the Largest Provider in the Country’: Fastest-Growing Home Care Companies in the US

Elder Care Homecare, HomeWell Care Services, 24 Hour Home Care and Georgetown Home Care (GHC) are four of the fastest-growing aging-in-place providers in the nation. Revenue diversification, cross-continuum partnerships and niche service offerings have allowed each home care business to maintain strong growth over the past 18 months, even during a pandemic that has triggered …

‘We Can Be the Largest Provider in the Country’: Fastest-Growing Home Care Companies in the US Read More »

‘We Are Losing Excellent Direct Care Staff’: Home-Based Care Providers Report Vaccine-Mandate Blowback

Hundreds of in-home care workers in Rhode Island have resigned from their posts due to the state’s mandatory vaccine policies, the Rhode Island Partnership for Home Care announced Tuesday. That, in turn, has jeopardized patient care in the state. An emergency declaration was made Aug. 17, requiring all licensed health care workers in Rhode Island …

‘We Are Losing Excellent Direct Care Staff’: Home-Based Care Providers Report Vaccine-Mandate Blowback Read More »

ComForCare, 24 Hour Home Care Among 2021’s ‘Best Workplaces in Aging Services’

Several of home care’s biggest names made it on to Fortune’s “Best Workplaces in Aging Services” list for 2021, including several that have earned the recognition in the past. Released Friday, the Best Workplaces in Aging Services list is put together each year by Activated Insights, a subsidiary of Great Place to Work. The ranking …

ComForCare, 24 Hour Home Care Among 2021’s ‘Best Workplaces in Aging Services’ Read More »

How the Medicare Advantage Landscape Has Evolved for Home Care Providers

The Medicare Advantage (MA) opportunity isn’t one that has happened overnight for home care providers, with some industry insiders even describing it as a “slow burn.” In more recent years, a shift has begun to take place, however. Although MA has become a bigger piece of the overall Medicare program puzzle, home care only stepped …

How the Medicare Advantage Landscape Has Evolved for Home Care Providers Read More »

Top Home Care Trends for 2021

Despite continued staffing challenges, home care is on the rise. Several emerging trends will define that ascent in the year ahead. Some of those trends will revolve around home care’s role in new care delivery models designed to treat higher-acuity patients. Others will have to do with shifts in the home care market itself and …

Top Home Care Trends for 2021 Read More »

Home Care Workers Get Vaccine Prioritization in LA County, Setting Off Potential Domino Effect

Los Angeles County’s home care companies woke up to some welcomed news right before the new year. Non-medical home care workers are now officially a part of the first tranche of individuals who can make an appointment for a vaccination, according to the Los Angeles County Department of Public Health. Previously, home health care workers …

Home Care Workers Get Vaccine Prioritization in LA County, Setting Off Potential Domino Effect Read More »

Turnover, Tiny Homes and New Technology: 2021 Predictions from 14 Home Care Executives

The U.S. home care industry is at an inflection point. Prior to the COVID-19 pandemic, an increasing number of payers and health care providers began to recognize the value of non-medical home care, particularly when it comes to chronic disease management and preventative care. That recognition has grown even stronger in 2020, with home care …

Turnover, Tiny Homes and New Technology: 2021 Predictions from 14 Home Care Executives Read More »

Senior Helpers, Reliant at Home, Others Crack 2020’s Best Workplaces in Aging Services List

On Thursday, Fortune unveiled its annual Best Workplaces in Aging Services list. The list features several home-based care providers that made a mark when it comes to company culture. Last year, Senior Helpers and 24 Hour Home Care cracked the list’s top five. These companies make a return appearance on 2020’s top workplaces list, compiled …

Senior Helpers, Reliant at Home, Others Crack 2020’s Best Workplaces in Aging Services List Read More »

24 Hour Home Care’s Ryan Iwamoto: ‘We Wanted to Be the Trader Joe’s of Home Care’

Ryan Iwamoto co-founded 24 Hour Home Care 12 years ago, right in the middle of the country’s last major recession. Now, Iwamoto and his company find themselves operating through another economic downturn, with this one caused by the COVID-19 crisis. Los Angeles-based 24 Hour Home Care is an independent, non-medical home care provider with 20 …

24 Hour Home Care’s Ryan Iwamoto: ‘We Wanted to Be the Trader Joe’s of Home Care’ Read More »

24 Hour Home Care Acquires Grace Care Management, ‘Actively’ Searching for More M&A Opportunities

In an effort to bolster its at-home care offerings in the San Diego market, 24 Hour Home Care has acquired Grace Care Management, another home care agency located in the area. Since its founding in 2008, Los Angeles-based 24 Hour Home Care has grown quickly and steadily. But that growth has been mostly organic — …

24 Hour Home Care Acquires Grace Care Management, ‘Actively’ Searching for More M&A Opportunities Read More »

Disrupt Podcast #37: Ryan Iwamoto of 24 Hour Home Care

The 37th episode of our podcast, Disrupt, is now available! In 2008 — amid the last recession — Ryan Iwamoto and his co-founders started Los Angeles-based 24 Hour Home Care with $160,000 total of investment cash from family and friends. The company is now one of the largest privately owned home care companies in the …

Disrupt Podcast #37: Ryan Iwamoto of 24 Hour Home Care Read More »

Future Leader: Andy Matthews, Vice President of Business Development, 24 Hour Home Care

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 Future Leaders online. Andy Matthews, vice president of business development …

Future Leader: Andy Matthews, Vice President of Business Development, 24 Hour Home Care Read More »

Home Care Companies Create New Revenue Streams by Helping Businesses Safely Reopen

After weeks — in some cases, months — of closures due to the coronavirus, businesses across the U.S. began reopening in early June. But by July, many of those same businesses were forced to go in the opposite direction, thanks to a national resurgence of COVID-19 cases. As shops, manufacturing plants and warehouses again attempt …

Home Care Companies Create New Revenue Streams by Helping Businesses Safely Reopen Read More »

24 Hour Home Care Gets Candid About Logistical, Day-to-Day Aspects of MA Partnerships

While the Medicare Advantage (MA) home care opportunity continues to expand, cynics have been quick to criticize it. Some say the opportunity is too small to be worthwhile — and that it’s more of a trendy talking point than a viable business option for most home care providers. In 2020, only 619 of more than …

24 Hour Home Care Gets Candid About Logistical, Day-to-Day Aspects of MA Partnerships Read More »

‘A Decrease in Need’: Home Care Agencies Face Less Profitable Transportation Lines Amid COVID-19

Over the past several years, many home care agencies have invested heavily in transportation business lines to help their clients stay connected and active within their communities. The industry’s turn to transportation has been so popular, that ride services are often seen as core offerings for many agencies. But while transportation services remain important, the …

‘A Decrease in Need’: Home Care Agencies Face Less Profitable Transportation Lines Amid COVID-19 Read More »