EL SEGUNDO, Calif. (September 17, 2021)—24 Hour Home Care, a nonmedical in-home care provider, announced it has acquired GrandCare Health Services’ nonmedical caregiving division, effective Sept. 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 homecare 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 nonmedical homecare 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 homecare 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.”
Visit 24hrcares.com for more information.
