Franchises

Honor Closes $370M in Financing, Plans to Triple Home Care R&D Investment

Honor is back in the spotlight in a big way, just two months after it announced its industry-shaping acquisition of Home Instead. The San Francisco-based company announced Tuesday it has raised $70 million in Series E funding, in addition to securing $300 million in debt financing. Honor has earmarked the funds to further invest in …

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Right at Home CEO Brian Petranick: Strategic Buyers Will Drive Future Home Care M&A Activity

Since last spring, home care companies have had to battle through an ongoing pandemic and a worsening labor crisis. They’ve had to face those challenges, too, while trying to meet the needs of a rapidly growing U.S. senior population. In many ways, it has felt like trying to stay afloat in an endless wave pool, …

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Right at Home Helps Franchisees Launch Vaccination Clinics as Delta Variant Continues to Spread

Right at Home has teamed up with the National Minority Health Association (NMHA) and its COVID-19 vaccination reward program, Flex for Checks. “It’s a really great holistic program that we are pretty excited about,” Kerin Zuger, chief of strategic growth at Right at Home, told Home Health Care News. Right at Home has more than …

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‘There’s More to It Than This’: Home Helpers Launches Bundled-Services Program to Curb Hospitalizations

Home Helpers Home Care announced Monday that it’s rolling out a new service offering to fill care gaps and reduce preventable hospital admissions. The private equity-backed franchiser’s rollout comes as more non-medical home care organizations boost their care capabilities to better serve potential payer and referral sources. Home Helper had spent much of the past …

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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 …

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Best Life Brands Launches New Home Health Offering ‘Boost Home Healthcare’

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 …

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From the Front Lines to the Corner Office: How the Face of Home Care Ownership Is Changing

The face of home care ownership is changing. In recent months, a number of home care franchise companies have seen a surge in interest from front-line caregivers and nurses who want to make the transition to the franchisee-ownership level. There has always been an interest in becoming home care owners among the front-line workforce, but …

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Nurse Next Door Exec: ‘There Has Never Been More Interest in Home Care Franchising’

Home care franchise companies may be in the midst of a major growth period brought on by the COVID-19 emergency. With that in mind, it’s not too surprising that Nurse Next Door is seeing a surge across all three of its operational markets. Vancouver, Canada-based Nurse Next Door is a home care franchise system that …

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Home Care Franchise Growth Isn’t Slowing Down Any Time Soon

It has been over a year since industry insiders predicted that home care franchise systems could experience accelerated growth brought on by the COVID-19 pandemic. Following rising unemployment and widespread business closures, many believed prospective entrepreneurs would turn to more mission-oriented careers, with home care and aging-in-place models presenting lots of upside. While it’s difficult …

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Strength in Numbers: Home Care Executives Reveal 2021’s Most Important Partnerships

The old adage “there is strength in numbers” has stood the test of time because it’s largely true. To remain competitive and gain an edge over competitors, home care operators must form strategic partnerships with a wide variety of organizations. Common examples include collaborations with transportation companies like Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT), …

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Seniors Helping Seniors Expands Service Lines with New Clinical, Telehealth Programs

Seniors Helping Seniors has been providing non-medical home-based care services since the 1990s. But recently, the company announced the launch of “Seniors Helping Seniors 360,” a new business model that mixes both medical and non-medical care services. The strategy is one that’s becoming increasingly common in the senior care world, as providers realize just how …

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Griswold Using Home Care ‘Test Kitchens’ to Automate the Recruitment Process

Similar to some of its peers, Griswold Home Care is building its own “test kitchens” to experiment with new programs for clients and caregivers. The home care franchiser is doing so while simultaneously refocusing its related foundation. Blue Bell, Pennsylvania-based Griswold provides personal care services across 168 locations in 29 states. The franchiser also offers …

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Right at Home Sets Sights on ‘Boomer Consumers’ with Custom Aging-in-Place Approach

For reasons beyond the coronavirus alone, 2020 was an unprecedented, action-packed year for home care operators. This year is guaranteed to bring more disruption as well, particularly as U.S. demographics continue to skew older and as the overall health care system looks to decentralize traditional models. Omaha, Nebraska-based Right at Home — an international home …

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‘I Don’t Know When It Will Slow Down’: Homewatch CareGivers Nearing 40 New Locations in 2020

Homewatch CareGivers has grown its business during the COVID-19 crisis, so much so that it has even been surprising to its own executive team. The Denver, Colorado-based home care franchise company has awarded 37 new territories in 2020, 21 of which will have new franchisees at the helm. The new offices opened in a variety …

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‘I Learned How to Pivot on a Dime’: Home Care Owners Share Lessons from 2020

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 …

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No Funding, Closures and Limited Capacity: Adult Day Providers in Dire Need of Help

In late November, the aging-focused advocacy organization LeadingAge wrote a note to Congress, calling for relief on behalf of the 5,500 adult day service providers across the country and the vulnerable patients they serve. “Adult day services providers across the country urgently need dedicated federal funding to ensure they are able to continue providing services …

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‘We’re Not Providing a Luxury Service’: No-Nonsense Home Care Model Helps CareBuilders Grow Amid Economic Downturn

CareBuilders at Home — the non-medical home care division of ATC Healthcare — has announced a strategic growth plan across the U.S. The Lake Success, New York-based franchise currently has 13 locations. It is targeting to add more in Michigan, Illinois, Texas, Pennsylvania, New Jersey and California, specifically in the Bay Area. The vast majority …

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Home Instead Senior Care CEO: The Hospital of the Future Is Your Living Room

In the not-too-distant future, “the hospital” will turn into older adults’ living rooms. And non-medical home care providers will play a key role in that evolution away from brick-and-mortar facilities. That’s according to Jeff Huber, CEO of Home Instead Senior Care, an Omaha, Nebraska-based home care franchise company with more than 1,200 independently owned and …

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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 …

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