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Family Resource Home Care Expands with Companion Care Acquisition

Hospice News

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., adding to its growing footprint in its home state. We are thrilled to announce our acquisition of Companion Care, Inc., Centers for Medicare & Medicaid Services (CMS).

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4 Important Predictions for Home Care in 2020

AlayaCare

As 2019 enters the home stretch and we look forward to the year ahead, it’s an opportune time to prepare for the issues and trends that will impact the home care industry. We forecasted increasingly blurred lines between clinical care and personal care. These themes will continue to be felt as we enter 2020.

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Choice Health CEO Jackson: Instant Care Deal an Extraordinary Opportunity in Non-Medical Home Care

Hospice News

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. As of 2019, the U.S.

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High Price Tags Pushing Addus Away from Hospice Acquisitions

Hospice News

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Addus began as a personal care provider in 1979. This is down from 51.6%

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Two Hospices Halt Services Amid Staffing Shortages

Hospice News

Hospice and Home Care of Juneau shutters. Alaska-based Hospice and Home Care of Juneau (HHCJ) recently announced its closure, citing high staffing costs and lack of clinicians. HHCJ had two hospice and 17 home health patients on its services when the closure took effect on October 19. Census Bureau.

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2021 Predictions for Home Care in Uneven Times

AlayaCare

Using the rising trends from the past calendar year, I contemplate what elements are likely to influence the business of home care when that calendar turns. Then, 2020 arrived and swiftly erased the whiteboard. What will follow 2020? As for the near future for home health care, call me an optimist.

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Choice Health Acquires Private Duty Company Instant Care, Enters Arizona Market

Hospice News

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. Initially established in 2008 as a rehabilitation service provider, Choice expanded into home health during 2012 and later into hospice in 2018.

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