New Day Healthcare may not be a household name in the at-home care space just yet. But that’s likely to soon change, as the multi-state provider looks to become a major player in an M&A market that’s normalizing back to pre-pandemic pricing.
And even if those who follow the home health, home care and hospice industries aren’t already familiar with New Day Healthcare as a company, they’re probably familiar with its top executive. New Day’s founder and CEO is G. Scott Herman, the initial CEO of Elara Caring when it was formed following a three-way mega-merger in 2018, Home Health Care News reports.
With the closing of AdvantageCare Home Health, New Day now has 21 locations across Texas, Missouri, Kansas and Illinois. It serves nearly 82,000 patients annually and employs about 6,200 employees, according to the company. Read more.
