honor

‘There Was Always Going to Be Tech Disruption’: Honor, Home Instead CEOs Break Down Recent Transaction

In August, home care technology company Honor announced it acquired Home Instead Senior Care, one of the largest in-home aging services providers in the world. As a result of the deal, the combined Honor-Home Instead enterprise now represents more than $2.1 billion in home care services revenue. That size and scale will help the pair …

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#Healthin2Point00, Episode 233 | Another $2B in deals, including Devoted’s whopping valuation

Today on Health in 2 Point 00, we’re thinking about changing our name to Health in 2 Billion 00. Devoted Health confirmed its $11 billion valuation, bumping it to $12 billion after you count the additional $1.2 billion coming in. Now onto the other 2 billion in deals, BetterUp raises $300 million in a Series …

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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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Home Instead Deal Creates Huge Upside for Honor, But Franchisee Buy-In Could Be Hard to Obtain

Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off …

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Home Care Companies to Watch in the Final Months of 2021

Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies …

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Honor to Aquire Home Instead, Creating $2 Billion Home Care Services Company

Honor Technology, Inc. has acquired Home Instead, Inc., creating a $2 billion home care services company, the two announced Friday. The deal brings together the largest, highest-touch home care network and the leading home care technology and operations platform, according to the press release. “This is an incredibly exciting moment as we bring together the …

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How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models

Mark Prather MD, MBA, CEO & Co-founder at DispatchHealth The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a …

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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and …

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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 …

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Cerner Launches Video Visit Platform for CommunityWorks Clients

What You Should Know: – Cerner launches new Video Visit platform for CommunityWorks clients at no cost through 2021 to support rural health organizations. Today in honor of National Rural Health Day, Cerner has announced the launch of their new telehealth offering to support rural health organizations through these tough times. The Video Visit platform …

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#Healthin2Point00, Episode 162 | Whoop, Honor, Sidekick Health & more

Today on Health in 2 Point 00, Jess is dismayed at her rising premiums. On Episode 162, Jess and I have more deals to cover. Whoop, which makes a wearable, raises $100 million (including SoftBank money!), bringing their valuation to $1.2 billion. Next, Honor raises $140 million in a Series D and I weigh in …

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Honor Raises $140M to Fuel National Expansion

Honor — the technology-enabled home care startup that partners with independent agencies through the Honor Care Network — is gearing up for a major expansion. Those expansion plans are built around a substantial infusion of new capital, too. The San Francisco-based Honor announced Tuesday it has raised $140 million in Series D funding, led by …

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Intermountain, Vynca Partner to Prioritize and Digitize Advance Care Planning

What You Should Know: – Intermountain Healthcare collaborates with Vynca, a national leader in advance care planning solutions to prioritize and digitize advance care planning. – The collaboration enables integrated digital completion workflows and establishes a single, centralized source of truth with built-in error prevention – enabling the Intermountain Healthcare team to honor patients’ end-of-life wishes, avoid unwanted healthcare utilization and reduce trauma for families, caregivers and clinicians when faced …

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New Attacks, Regulations, and Stakes Call for New Security Strategies

 Tim Callan, Senior Fellow, Sectigo The amount of data generated by the healthcare industry is staggering—and constantly increasing.  Healthcare data encompasses the personal information of patients, doctors, nurses, and administrators. It includes diagnostic information, test results, ultrasound images, x-ray images, and of course insurance and financial information. With so much sensitive patient information there for …

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