ST. PAUL, Minnesota—Sumitomo Corporation has, through its group company, Sumitomo Corporation of Americas (collectively Sumitomo Corporation Group), acquired ActivStyle, LLC, a U.S. provider of home medical supplies for patients with chronic conditions, in May 2025. Prior to this, in April 2025, Sumitomo Corporation increased its stake in Vast Medical Holdings, the parent company of Quest, a provider of home medical equipment, supplies and services for people with diabetes.
HomeCare News
NEW YORK—Manishkumar Patel, 44, of Pelham Manor New York, was sentenced to 14 months in prison for defrauding Medicare of close to $50 million. Patel previously pled guilty to conspiring to commit health care fraud, wire fraud and violating the Anti-Kickback Statute.
DALLAS, Texas—Homecare Homebase (HCHB), a software provider for home-based care, named Tomas Berry, RN and case manager at Embrace Hospice and Home Health, as the May Gold Standard Award Winner.
LAFAYETTE, Louisiana—Viemed Healthcare, Inc., a post-acute respiratory provider, announced that it has agreed to buy Illinois-based Lehan’s Medical Equipment, a health care company offering home medical equipment (HME) with specialties in respiratory care and women’s health.
ALEXANDRIA, Virginia & WASHINGTON—The National Alliance for Care at Home (the Alliance), an advocate and educator for the care at home community, announced the launch of its newly redesigned website, allianceforcareathome.org. The Alliance said the new site reflects the company's commitment to accessibility and delivering enhanced value to member organizations and all care at home stakeholders.
WASHINGTON—The Elizabeth Dole Foundation announced 20 military and veteran caregivers from across the country will make up its 2025 Class of Dole Caregiver Fellows.
FRISCO, Texas—Addus HomeCare Corporation, a provider of homecare services, announced its financial results for the first quarter ended March 31, 2025. Due to the growth in its personal care business and its acquisition of Gentiva's business in December, Addus reported a 20% growth in revenue and 25% higher earnings over the first quarter of last year.
First Quarter 2025 Highlights:
CLEARWATER, Florida—Empath Health, an integrated care network, unveiled its One Hospice Model. Empath Health said the framework will preserve community-based hospice while adding the scale, innovation and accountability of a statewide system.
ARLINGTON, Virginia—The Rehabilitation Engineering and Assistive Technology Society of North American (RESNA) Standards Committee on Emergency Stair Travel Devices (ESTD) has released a final draft standard, "RESNA ED-1 Standard for Evacuation Devices - Volume 1: Emergency Stair Travel Devices used by individuals with disabilities," for a public comment period starting May 9, 2025.
ST. LOUIS, Missouri—Responsive Respiratory (RRI) recently introduced a Patient Bed Transport Cart to its line of industrial transport and storage solutions.
CHICAGO, Illinois—As the number of Americans living with Alzheimer’s disease tops more than 7 million for the first time, nearly 4 in 5 Americans would want to know if they had Alzheimer’s disease before it impacted their lives. They also want treatment, even if it comes with risks, as long as it slows the progression of the disease.
A federal jury convicted a Louisiana nurse practitioner on Thursday, May 1 for her role in an over $2 million health care fraud scheme.
DUBLIN, Ohio—Cardinal Health reported third quarter fiscal year 2025 revenues of $54.9 billion, flat to the third quarter of fiscal year 2024.
BURKBURNETT, Texas—HomeWell Franchising Inc., the franchisor of national in-home care provider HomeWell Care Services, has earned two honors from Entrepreneur magazine—securing a spot on both the Top 100 Franchises Under $100K list and Fastest-Growing Franchises for 2025. HomeWell said these latest accolades reflect the company's continued momentum and appeal to aspiring entrepreneurs looking for a mission-driven business opportunity in a high-demand industry.
BOSTON—Capstone Partners, a middle market investment banking firm, released its April 2025 Home Care Sector Update, reporting that an aging U.S. population and consumer preference for receiving care at home and aging-in-place are expanding the homecare market.
WASHINGTON—National Skills Coalition (NSC) announced the launch of the Care Workforce Advisory Council—and released a new brief on care workers—to address the urgent challenges facing the care workforce as demand for long-term care and childcare services continues to grow nationally. The council comprises 20 industry-leading professionals and experts in direct care, early childhood care and education and workforce development.
CHARLESTOWN, Massachusetts—Hallmark, a health care workforce management technology company, announced the appointment of Jim Teas as chief revenue officer (CRO) and Nick Brignola as chief financial officer (CFO). Hallmark said these leadership additions reinforce its commitment to accelerating its growth and delivering workforce solutions for health care providers.
ROCHESTER HILLS, Michigan—InfuSystem Holdings, Inc., a national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, announced it will issue first quarter 2025 financial results on Thursday, May 8, 2025, before the market opens.
The company will also conduct a conference call for all interested parties on Thursday, May 8, 2025 at 9 a.m. ET to discuss its financial results.
HOUSTON, Texas—U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of an outpatient homecare practice that provides physical, occupational and speech therapy through its 50%-owned subsidiary, MSO Metro, LLC (Metro).
CHARLOTTESVILLE, Virginia—Premium Service Brands (PSB), a home services franchising company, is celebrating 27 new franchise signings, national awards for both its brands and leadership team and the continued rollout of its Nesto platform.
Strong Franchise Growth Across Brands
In Q1, PSB signed 27 new franchise agreements across five of its brands, fueling momentum for the whole system and its portfolio: