Company Overview
LiveWell Partners is an independent provider of home healthcare services headquartered in St. Louis, Missouri, United States. The company is dedicated to enhancing the quality of life for elders and individuals with limited mobility by offering compassionate and respectful home care services. LiveWell Partners is renowned for achieving top-quartile clinical outcomes and exceptional patient experience scores.
Strategic Focus
LiveWell Partners places significant emphasis on maintaining payer flexibility, swift response times, and managing clinically complex patients. Their strategic initiatives include continued geographic and service expansion, highlighted by the recent acquisition of Hope Home Care, an Ohio-based provider, to broaden their Midwest presence.
Leadership Team
- Jason Growe (Chief Executive Officer): With over 13 years of industry experience, Growe has guided the company through crucial mergers and acquisitions, including the recent acquisition of Hope Home Care. His leadership underscores a commitment to adaptability and collaboration.
- Ruth Raskas (President and Chief Operating Officer): Raskas was appointed in May 2024 and brings 20 years of executive experience. She plays a pivotal role in shaping the company’s go-to-market strategies and driving operational excellence.
- Marty Moore (Chief Financial Officer): Moore oversees financial operations and strategic planning, contributing to the company’s robust financial performance and expansion strategies.
- Jennifer Melson (Vice President of Clinical Excellence): Melson is dedicated to upholding high clinical standards and driving innovative healthcare delivery methodologies.
Financial Performance
LiveWell Partners reports an estimated annual revenue of $60 million with a workforce of 202 employees, reflecting a revenue per employee of approximately $297,000. This indicates operational efficiency and a solid business model, with employee count stability marked by a 0% growth rate last year.
Recent Developments
- Acquisitions: The acquisition of Hope Home Care exemplifies LiveWell's strategic expansion goals, especially in the Midwest region.
- Continuous Growth: Execution of multiple acquisitions over the past 15 months has significantly enhanced LiveWell's service offerings and geographical reach.
Company Values
Key values that guide LiveWell Partners are:
- Collaboration: Emphasis on teamwork and cross-functional cooperation.
- Compassion: Commitment to empathy and respect for all stakeholders.
- Empowerment: Fostering opportunities for personal and professional growth.
- Agility: Adapting swiftly to dynamic healthcare environments.
Online Presence
LiveWell Partners maintains a strong online presence with detailed information available on their [official website](https://www.livewellpartners.com/) and [LinkedIn page](https://www.linkedin.com/company/livewell-partners).
Key Personnel
Additional notable leadership members include:
- Heidi Gil, Chief Strategy Officer
- Tyler McCauley, Wellbeing Director of Fitness and Movement
- Maley Hunt, Chief Operating Officer and Residential Services Administrator
These leaders are crucial in advancing strategic goals across various domains including strategy, community engagement, and operational efficiency.
Competitive Landscape
LiveWell Partners navigates a competitive healthcare environment that includes:
- Wellabe, focused on workplace health management
- Goomi Group and Windhund, among others
- Domestic competitors such as Quality Care Services, Accessable, and Absolute Care & Health, specializing in elder care
The diversified competitive environment stresses the need for innovation and expanded service offerings to maintain market competitiveness.
Strategic Insights and Opportunities
LiveWell Partners is strategically positioned within the elder care market through robust revenue streams and targeted acquisition strategies. The recent acquisitions underscore their commitment to expansion and market penetration, enhancing their geographical and service capabilities. By focusing on sustaining top-quartile clinical outcomes, LiveWell reinforces its market competitiveness and customer satisfaction.
To continually improve its position, LiveWell Partners should pursue strategic partnerships and alliances that enhance service delivery and innovation. Awareness of competitive dynamics and industry trends will empower LiveWell to adapt effectively and capture additional market share in the evolving healthcare landscape.
