Integrated Home Care Services acquires at-home care tech company Dina In-home benefit manager Integrated Home Care Services has acquired care-at-home network management and coordination platform Dina. The founder and CEO of Dina, Ashish V. Shah, will join Integrated as its chief product and technology officer. “We were getting to a point where we felt there […] The post Dealbook: Integrated Home Care Services Acquires Dina; LiveTech Buys Alora Healthcare Systems appeared first on Home Health Care News.
Integrated Home Care Services acquires at-home care tech company Dina
In-home benefit manager Integrated Home Care Services has acquired care-at-home network management and coordination platform Dina.
The founder and CEO of Dina, Ashish V. Shah, will join Integrated as its chief product and technology officer.
“We were getting to a point where we felt there was enough proof in what we were doing that it was starting to become more apparent to us that there may be an opportunity for us to scale our work in the industry, with a far larger or better-resourced partner,” Shah told Home Health Care News. “I think this is a pretty significant combination. I think for the market it’s a unique category-defining platform opportunity here for us.”
Integrated “checked all of the boxes” for Dina, Shah said.
Miramar, Florida-based Integrated is an in-home benefit manager that works with health plans, risk-bearing provider organizations and other plan sponsors. Its services include utilization management, network management, referral management, care coordination and claims processing and payment for all major care services in the home. The deal makes Integrated a comprehensive in-home benefit management and technology platform.
On its end, Chicago-based Dina works with health plans, PACE organizations and provider groups, offering an AI-powered platform that helps with contracting, coordination, fulfillment and oversight of home-based services.
With the Dina acquisition under its belt, the company aims to scale its impact across 20 to 30 U.S. states, Shah said.
LiveTech buys Alora Healthcare Systems
LivTech, a provider of comprehensive healthcare tech solutionsA for long-term post-acute care, has acquired Alora Healthcare Systems.
“The acquisition of Alora represents a pivotal moment in our mission to empower healthcare providers through smarter technology,” Mike Scarbrough, CEO of LivTech, said in a statement. “Alora has built a reputation for innovation and user-centric design. By bringing their AI capabilities and deep home health expertise into LivTech’s suite of solutions, we are giving our customers the tools they need to reduce administrative burnout and focus on what truly matters: delivering exceptional patient care.”
Knoxville, Tennessee-based LivTech is backed by growth equity firm PSG. The company’s offerings include EHR solutions for post-acute, home and residential care providers, including patient records management, medication administration, care coordination and reporting.
Atlanta-based Alora is a provider of cloud-based software for home health, home care and hospice agencies.
Always Best Care Senior Services expands
Always Best Care Senior Services has expanded with a new franchise location in East Cincinnati, Ohio.
The new location is owned and operated by franchisee Sam Bernard, who has previously worked as a realtor and developer.
“Sam Bernard exemplifies the passion and commitment that define the Always Best Care network,” Jake Brown, president and CEO of Always Best Care, said in a statement. “His dedication to client-centered care and his desire to make a meaningful difference in the Cincinnati community reflect exactly what our brand stands for. We’re excited to support Sam as he brings Always Best Care’s services to more families throughout the region.”
Founded in 1996, Always Best Care franchise locations provide non-medical home care, including assistance with bathing, dressing and grooming, transportation, light housekeeping and companionship, among other services.
Executive Home Care surpasses 100 locations
Executive Home Care has opened over 100 franchise locations across the U.S.
“Our growth beyond 100 territories is a meaningful milestone for our brand and a reflection of the trust families place in our care and the commitment of our franchise owners,” Jeanette Weinz, brand president of Executive Home Care, said in a statement. “We are proud to offer a model that supports entrepreneurs while delivering high-quality, all-inclusive care services to individuals across a wide range of life stages and needs.”
Launched in 2004, Executive Home Care offers personal home care, companion care, live-in care and respite care, among other services. It offers services to adults aged 18 and older. On average, Executive Home Care franchises generate approximately $2.7 million in annual revenue, according to the company.
The post Dealbook: Integrated Home Care Services Acquires Dina; LiveTech Buys Alora Healthcare Systems appeared first on Home Health Care News.
