Showing posts with label adult day care. Show all posts
Showing posts with label adult day care. Show all posts

Monday, January 05, 2015

2015 Kicks Off with Home Healthcare Buys

The Ensign Group, a company that provides a variety of home healthcare and rehabilitative services acquired Scottsdale, Ariz.-based, Alarys Home Health.  Alarys has offered home care and home health services since 2003.  The Ensign Group operates in eleven states and over 100 facilities, primarily in the Western U.S.
 
Addus HomeCare Corporation is a long-standing provider (since 1979) of personal and adult day care services.  The company is headquartered in suburban Chicago and operates in 19 states.  Their January 1 acquisition of Priority Home Health Care, Inc. expands their footprint in Ohio with six offices in the Cleveland, Akron and Columbus areas.  >>Read more


Thursday, March 20, 2014

Adult Day Care Back on Track?

The adult day care industry growth slowed during the recent economic slowdown.  However, the Affordable Care Act through an increase in private health insurance coverage is expected to generate increased funding for this sector.  Recovery in disposable income levels will also spur growth as households will be better able to afford the services again.

What is Adult Day Care?  Services provided during normal business hours at a center (not the home) include social and basic health assistance, including transportation, meals, personal hygiene and therapeutic activities, to the elderly and individuals with mental or physical disabilities.

Active Day / Senior Care logo
Active Day/Senior Care, Inc., a Clearview Capital portfolio company, stands tall in the roughly $6B highly fragmented market adult day care industry.  The company created by the 2011 merger of Active Day and Senior Care Centers of America is the largest adult day service provider in the U.S.  The company operates 75 centers in 11 states:  Connecticut, Delaware, Indiana, Massachusetts, Kentucky, Ohio, Maryland, Mississippi, New Jersey, Pennsylvania, South Carolina.

The latest Active Day/Senior Care branded center is in New Jersey with the early March acquisition of a well-established center in Brick.  Acquisition is likely to remain a key component of the company's growth strategy. 
>>Read more