logo
logo
Sign in

HouseWorks Announced the Acquisition of Connect Home Care

avatar
rahulsingh
HouseWorks Announced the Acquisition of Connect Home Care

HouseWorks, one of the largest independent home care companies in the United States, announced that it has signed a definitive agreement to acquire Connect Home Care. The company is one of the leading home care provider serving Medicaid, dual-eligible and private pay clients throughout Eastern Massachusetts and HouseWorks is expected to close the acquisition of the company by December 31, 2021.

The acquisition of Connect Home Care allows HouseWorks to enter the Medicaid personal care sector by servicing Aging Services Access Points (ASAPs) and other payors. HouseWorks’ CEO Mike Trigilio is familier with the sector and has extensive experience running in-home personal care businesses with diverse payor mixes, including Medicaid/ASAP, dual-eligible and private pay.

Commenting on the acquisition, HouseWorks CEO Mike Trigilio said, “We are excited to announce the acquisition of Connected Home Care and welcome its experienced staff and talented group of caregivers to the HouseWorks family of companies. Connected and its team are extremely well respected and have a strong reputation across Eastern Massachusetts. With our expanded footprint in Massachusetts and entering into the Medicaid space, this acquisition allows us to diversify our payor sources and capitalize on the growing need for home care across all demographics.”

HouseWorks’s high-touch private pay model combined with Connected Home Care’s ASAP and other payor relationships is expected to create a premier personal care provider in Massachusetts and the Northeast region of the United States.

Jim Reynolds, the founder and current CEO of Connected Home Care, said, “I believe we have found true partners. Our organizations share common values, a mission to deliver the highest quality of care, and a passion for achieving meaningful impact in our clients’ lives each and every day. This is an exciting change that will benefit our clients, our caregivers, and our team members, and I am excited for the future combination of these two great businesses.”

The acquisition of Connect Home Care is part of HouseWorks’ strategy of acquiring in-home service providers that share its values and commitment to quality both within and outside its geographic footprint. The acquisition will allow HouseWorks to further invest in improved services and recruitment and retention of high-quality and compassionate caregivers along with the expansion of its private pay business to new markets within Massachusetts.

For more information please visit: www.globalnewsstore.com

 

collect
0
avatar
rahulsingh
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more