Home Health Care News April 24, 2024
Home-based care stakeholders are navigating a very different environment than they were in the past. No one understands that better than prolific acquirers like HouseWorks, PurposeCare and Care Advantage.
All three companies are doing unique things to maintain growth in 2024, however.
Firstly, over the last few years, there has been a vast chasm between buyers and sellers. That gap may be beginning to close, however.
“That gap between expectation, and what buyers are willing to pay, has closed considerably,” Cameron Cordts, corporate development manager at PurposeCare, said during a panel discussion at Home Health Care News’ Capital + Strategy conference. “I think PurposeCare found more success on the proprietary lead side as well.”
Cordts noted that the majority of...
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