BOSTON—HouseWorks Holdings, LLC (HouseWorks), a personal care services platform serving the Northeast, has entered into definitive agreements to partner with Elite Home Health Care (Elite), a provider of homecare services across the state of New York. The transaction, which is subject to regulatory approval, marks HouseWorks’ entrance into New York and will transform HouseWorks' geographic footprint while simultaneously enhancing the opportunity for organic growth. Most importantly, this will provide Medicaid and dual-eligible clients access to HouseWorks’ BetterCare at HomeTM model.
“Entering New York with this transaction is incredibly exciting,” said HouseWorks Chief Executive Officer Mike Trigilio. “The opportunity to partner with this deeply talented team gives us confidence we will continue to evolve how personal care is delivered within the home.”
Founded in 2013, Elite is a provider of homecare services lead by Gershon Strasser, who will continue to support HouseWorks as the president of the New York region. Today, Elite delivers care to close to 4,000 clients, primarily in the New York City metro area, Rochester, Buffalo and Syracuse regions.
“Elite was founded to deliver better care in an industry so desperate for high-quality providers,” said Strasser. “In HouseWorks, we have found a like-minded team with endless ambition to serve. This partnership will consummate a long-dated relationship and mark the beginning of a new chapter for Elite. We are excited about the future and all of the opportunities that lie ahead with our two organizations working in lockstep.”
The transaction will be the fourth that HouseWorks has announced this year, signifying its goal to deliver high-quality personal care to many diverse communities.
“We recognize that homecare is a deeply personal experience, and we have a unique opportunity to positively impact communities across the country,” said Mike Trigilio. “HouseWorks and Elite exhibit shared values and aspirations, which is why this collaboration will mark a promising chapter in the evolution of in-home healthcare services in New York.” HouseWorks, together with Elite, will serve nearly 15,000 clients with 12,000 caregivers throughout the northeast and Tennessee.
The transaction is subject to and will not become effective until HouseWorks and Elite have received all necessary regulatory approvals.
