Category: Best Life Brands
The most challenging issue in home-based care continues to be staffing, a fact that every provider that makes up the space is aware of. Home care’s turnover rate is about 65%. Additionally, as the population of seniors continues to grow and more people wish to age at home, the size of the caregiver pool is […]
This year saw home care providers further build on the spotlight the public health emergency placed on the industry. No longer fighting for a seat at the proverbial table, the operators were able to fully lean into opportunities that have pushed the industry forward. More than anything, ongoing labor shortages and ways to circumvent workforce […]
The past few years have seen private equity players plant a flag in the home care space, particularly in the franchising world. In 2021, this trend has only increased with the heightened demand for home care services. Roughly $66 billion in PE investment went out to various health care sectors in 2020, a 21% increase […]
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 […]
Best Life Brands, a holding company that has a portfolio of companies across the care continuum, announced Thursday the launch of its newest franchise brand: Boost Home Healthcare. Backed by the private enquiry firm The Riverside Company, the Bloomfield Hills, Michigan-based company’s arsenal already includes the personal home care provider ComForCare — known in the […]
Best Life Brands, the holding company for a handful of senior care companies, is officially entering into the home health space. It is doing so thanks to a new acquisition, which it announced Tuesday. Specifically, Best Life Brands has acquired the home health agency formerly known as “PROHealth Home Care.” The agency provides in-home nursing, […]
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 […]
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 […]