Home Health Care News September 29, 2023
During an acquisition process, there are obvious boxes that need to be checked on the buyer and seller sides.
On the buyer side, that due diligence includes checks around financials, compliance and a whole lot of other numbers.
But one factor that can fly under the radar is employee tenure.
“Tenure is a very important factor in our decision-making process as we evaluate potential partners to become part of our Help at Home family,” Rich Tinsley, chief development officer of Help at Home, told Home Health Care News. “We value long-tenured employees at every level of an organization. Tenure definitely makes the acquisition more attractive to us.”
Home-based care leaders told HHCN that a company’s workforce — and collective experience...