24 Hour Home Care Acquires GrandCare Health Services’ Caregiving Division
24 Hour Home Care, an award-winning non-medical in-home care provider, today announced it has acquired GrandCare Health Services’ non-medical Caregiving division, effective September 1, 2021. The official announcement was made from 24 Hour Home Care’s headquarters in Los Angeles and will allow the company to further expand its home care services across Southern California.
24 Hour Home Care and GrandCare Health Services’ vision is to create a mutually beneficial change that will allow both companies to focus on their areas of expertise. GrandCare will continue to provide quality orthopedic rehabilitation in the home health setting under its name, while the non-medical home care division will now operate entirely under 24 Hour Home Care. The move fits into 24 Hour Home Care’s strategy as a caregiver-centric company that seeks to impact people’s lives through high-quality in-home care, while enhancing GrandCare’s focus on providing excellent post-surgical rehabilitation. The acquisition will lead to better client experiences by providing complementary services and a solid foundation for mutual clients to offer a comprehensive care plan in the home setting.
“We are thrilled to welcome GrandCare’s Caregiving Division into the 24 Hour Home Care brand and look forward to nurturing future opportunities for growth between our two service lines,” says Ryan Iwamoto, President and Co-founder at 24 Hour Home Care. “This acquisition will strengthen our presence in Southern California and open the door for more opportunities to meet patients across the care continuum.”
The announcement comes at a time when demand for care in the home setting is at an all-time high due to industry changes, COVID-19, and changing client preferences. With home health spend reaching up to $110 billion in 2020, partnerships with home care companies are helping to better support patient outcomes by providing attentive care that helps avoid hospital readmissions.
“24 Hour Home Care has been a valued partner of ours and we could not be more excited about this announcement,” says David Bell, Chairman, and CEO at GrandCare Health Services. “This move improves the non-medical home care options for our patients while sharpening our strategic focus on in-home orthopedic therapy for knee, hip, and spine surgeries.”
About 24 Hour Home Care:
24 Hour Home Care is a trusted in-home care company that provides friendly and reliable home care services to seniors and children with disabilities. 24 Hour Home Care started in 2008 in Los Angeles and has since expanded across California, Arizona, and Texas. By putting people first, striving for excellence, and investing in purposeful innovation, 24 Hour Home Care redefines what it means to care.
About GrandCare Health Services:
GrandCare Health Services is a 5-star provider of in-home medical care, specializing in post-surgical orthopedic rehabilitation. GrandCare has been a trusted provider for patients, bundles, and orthopedic surgeons in the Southern California region since 2003. GrandCare is proud to be recognized as one of America’s Great Places to Work in Healthcare 3 years in a row.
GrandCare Health Services Earns Great Place to Work® Certification for the 3rd Consecutive Year!
GrandCare Health Services, a specialist in in-home orthopedic rehabilitation in Southern California, is proud to announce that we have been recognized as a Great Place to Work® for 2021 – 2022. Great Place to Work® is an independent research and consulting firm that uses 30 years of research to qualify the state of workplace culture and compare it to the best companies globally.
David Bell, CEO says “I’m really proud of all the hard work our team has put in to improving even under the difficult conditions from COVID-19.”
Anne Danner, COO says “The leadership team at GrandCare takes employee feedback very seriously. Knowing how the company is measured on areas such as employee satisfaction, management/leadership effectiveness and the overall working environment of our organization gives us tangible objectives for change and identifies areas of best practice. This information gives us valuable actionable data that we can implement for organizational growth and continuous improvement.”
Jeaneen Cockrell, CDO says “Being a great place to work is the difference between a good company and a great company. I believe that as an organization, if you can get two things right…1st Have a clear vision and goal of what you are trying to accomplish, and 2nd bring in the right people who can execute and lead a company to incredible accomplishments. We are honored to have passionate team members and look forward to continued success.”
Over 82% of our employees completed the Trust Index© survey, a research-backed employee survey that covers a variety of quality measures. Of the responses, 88% say GrandCare is a great place to work, compared to 59% of employees at a typical U.S. based organization. Some highlights of the survey results include:
- 95% “When you join the company, you are made to feel welcome.”
- 94% “When I look at what we accomplish, I feel a sense of pride.”
- 93% “I feel I make a difference here.”
- 93% “My work has special meaning: this is not just a job.”
About GrandCare Health Services
GrandCare Health Services is recognized as a 5-star industry leader by the Center of Medicare and Medicaid Services (CMS) specializing in orthopedic rehabilitation at home. Our mission is to provide an extraordinary in-home rehabilitation experience through deep connections and superior care to improve our patients’ lives.
GRANDCARE AND OUR COVID-19 RESPONSE
GrandCare has taken steps to prepare for the outbreak of COVID-19 disease, which is caused by the novel coronavirus SARS-cov-2. We have prepared for epidemics, so we were ready when this outbreak occurred. Our Infection Control Committee was ready to create and implement new policies and precautions to keep our patients, staff and our community safe.
GrandCare’s response is intended to allow us to continue our mission of caring for patients during this outbreak. We are monitoring recommendations and protocols outlined by the Center of Disease Control (CDC) and the World Health Organization (WHO) and working to keep our policies up to date. We are providing ongoing training to our clinicians and caregivers as new information becomes available on screening criteria, standard precautions, use of Personal Protective Equipment (PPE) and general updates from our Infection Control Committee.
Training includes information and guidance from the CDC and other credible sources to help ensure that our clinicians, caregivers, patients and the community have the knowledge they need to protect the health and well-being of our patients and team. Our clinicians, caregivers and patients are educated to recognize the most common symptoms of COVID-19 as outlined by the CDC and instructed on performing symptom self-assessments prior to each visit. Clinicians are equipped with PPE including masks, gloves and, if appropriate, face shields. Our intention is for our staff to maintain supply of PPE recommended by the CDC, subject of course to availability given the national shortage. Our clinicians perform proper hand hygiene utilizing alcohol-based hand sanitizer or washing with soap and water for 20 seconds. They also clean surfaces and equipment with approved disinfectants before and after each use.
We have updated our infection control policy to clarify that clinicians who suspect exposure to COVID-positive patients must self-quarantine for 14 days or until we determine with lab testing that exposure did not occur. As of the date of this document, we do not have any confirmed cases on our team. We have taken extensive, deliberate steps to safeguard the health of our patients, teammates, our families and our community as we seek to be a part of the solution to this outbreak.
When caregivers and care partners visit patients, you can expect that they are trained to:
- Perform a mandatory symptom self-assessment immediately prior to each visit;
- Use appropriate infection control procedures and precautions prior to each visit; and
- Regularly screen and educate you to ensure obvious symptoms are detected and acted upon immediately.
If you have any questions, concerns or general inquiries please reach out to our Infection Control Committee at [email protected] or call (818) 244-8446.
GrandCare is One of The 50 Best Workplaces for Aging Services
The elder care industry consists of various segments including senior housing and at-home care. To determine the first Best Workplaces in Aging Services list, Fortune research partner Great Place to Work, analyzed survey results from more than 162,000 employees working in both aspects of the industry. See where we are on the list, click the link below:
GrandCare Chosen as a Great Place to Work
We are proud to announce that GrandCare was chosen as a Great Place to Work. See what our employees have to say, click on the link below:
GrandCare’s Luke Scott Joins Advisory Board for ROM3 Rehab
GrandCare Health Services today announced that Dr. Luke Scott, DPT, Regional Director of Rehabilitation Services, has joined the Advisory Board for ROM3 Rehab.
Dr. Scott will be assisting in the research and development of the ROM3 Rehab System, a patented technology and medical protocol that dramatically improves and speeds lower extremity rehabilitation.
Dr. Scott has helped design and test a new ROM3 device that utilizes wearable and telehealth technologies to generate real-time performance and outcome data, enabling clinicians to remotely monitor patient compliance with a prescribed home exercise program and creating a detailed medical record of a patient’s progress.
“GrandCare Health Services prides ourselves on being leaders in orthopedic rehabilitation services and pioneering innovative technologies to transform patient outcomes and the patient care experience. I am thrilled to be involved with ROM3 on this project. It opens the door to future collaborations and the possibility of working with orthopedic doctors to bring this technology to our patients,” said Scott.
About GrandCare Health Services
GrandCare Health Services is the largest five-star home health agency in Southern California, serving Los Angeles, Orange, and San Diego Counties.
About ROM3 Rehab
ROM3 Rehab is a medical technology company innovating the orthopedic space with its line of patented, next-generation physical rehabilitation equipment.
ADAPTIVE HEALTH CAPITAL CLOSES DEBT FINANCING FOR GRANDCARE HEALTH SERVICES
Pasadena, Jan 12, 2018 — GrandCare Health Services, a recognized leader in the provision of home healthcare services in Southern California for over a decade, today announced an additional debt financing deal to support the development of clinical programs to help ensure patients receive high quality care in the comfort of their home. Adaptive Health Capital, a Los Angeles-based healthcare investment fund, spearheaded the financing deal.
“Grandcare stood out to us as a promising company with not only a solid leadership team, but more critically, a clear mission-driven vision built on strong values,” commented Larry Gill, Fund Manager of Adaptive Health Capital. “Many healthcare providers make promises, but GrandCare has a track record for delivering and the team to back up its commitments. Making this investment was a no-brainer.”
GrandCare provides home health services that enable patients to rehabilitate in the comfort of their own residence. The team includes the patient and their family, the physicians, and GrandCare’s clinical teams of nurses, therapists, social workers and home health aides. GrandCare brings the entire team together to develop a plan of care that is customized to the needs of every patient.
“This new round of financing is critical to our continued development and success, and more importantly, continued high quality care for the end user – our patients” said Dr. David Bell, GrandCare’s Chairman and CEO. “We are thankful to work with Adaptive Health Capital not only for their financial support, but also their regulatory and compliance expertise.”
The timing of the deal comes during an opportune time, as 2018 is poised to be a transformative year for healthcare, and debt financing deals such as this allow GrandCare to keep up with the evolving nature of the healthcare industry at large.
About Grandcare Health Services
GrandCare Health Services has been a leader in healthcare services at home in Southern California for over a decade. Their commitment to excellence, significant experience and clinical leadership have enabled them to develop clinical programs to ensure that patients receive the highest quality of care in the comfort of their homes. GrandCare’s services include home health care, palliative care, and caregiving services. Their agencies are licensed by the Department of Public Health of California.
About Adaptive Health Capital
Adaptive Health Capital provides financial and strategic support to healthcare professionals with a focus on opportunities driven by healthcare transformation. Combining both hedge fund and private equity models, they are the first Southern California-based fund focused on healthcare innovation and next generation healthcare.
Adaptive Health Capital’s founders are seasoned entrepreneurs and executives with a track record of leadership at the nexus of healthcare strategy and business challenges. Adaptive Health Capital grew out of the vision of Harry Nelson and Rob Fuller, the co-chairs of the investment committee, who combine over four decades of healthcare industry experience. For Nelson, the founder of a suite of healthcare service organizations that have become a healthcare innovation “clearing house” in Southern California, the Fund extends his vision of problem-solving, connecting innovators and capital, and leading healthcare and life sciences companies down towards strategic growth.