Help at Home acquires two companies, moves into New York

Help at Home acquires two companies, moves into New York

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Home care provider Help at Home has acquired two New York-based home care companies as part of its strategy to grow in various markets.

Edison Home Healthcare and New York Preferred Home Care provide traditional care through licensed home care providers and Medicaid’s consumer-directed personal assistance program, which will be included in Help at Home’s offerings, the company said Wednesday.

Help at Home declined to disclose terms of the deal.

“The New York market, with its focus on managed care organizations and value-based care, is really the perfect place for us to expand our care coordination model,” said Help at Home President Tim O’Rourke.

O’Rourke said the acquisition expands Help at Home’s footprint to New York, laying the foundation for the company to grow organically through expansion and innovation.

The two organisations have a long history of market leadership and a strong commitment to caregiver, staff and customer experience, he said.

Together, Edison Home Health Care and Preferred Home Care bring an additional 10,500 customers and 12,000 employees to dozens of counties in New York and Pennsylvania.

Before the acquisition, Chicago-based Help at Home had 70 locations in 12 states and provided in-home community services to approximately 52,000 seniors and people with disabilities each month. The organization employs more than 30,000 paramedics.

While increasing from 2020, M&A in home health continues below pre-pandemic levels.

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