Personal-Touch Home Care, established in 1974, is a prominent provider of home healthcare services across the United States. The company offers a comprehensive range of services, including skilled nursing, physical and occupational therapy, speech-language pathology, psychiatric nursing, early intervention services, and personalized care. With a mission to deliver high-quality, compassionate care, Personal-Touch Home Care operates over 50 locations in 13 states, each licensed by the respective state and many certified as Medicare home health agencies.
Key Strategic Focus
Personal-Touch Home Care emphasizes providing individualized, comprehensive home care plans tailored to meet the social, emotional, and physical needs of patients. The company's strategic objectives include expanding its service offerings, enhancing patient outcomes, and maintaining a strong presence in the home healthcare industry. By leveraging a diverse team of healthcare professionals, Personal-Touch Home Care aims to address a wide array of patient needs, from pediatric to geriatric care.
Financials and Funding
As of November 2024, Personal-Touch Home Care reported an annual revenue of approximately $5 billion, supported by a workforce of around 10,000 employees. In 2023, the company underwent a debt refinancing, securing $85 million to bolster its financial position and support ongoing operations.
Leadership Team
The leadership team at Personal-Touch Home Care includes:
- Dr. Felix Glaubach, President and CEO, who has been instrumental in guiding the company's strategic direction and growth.
- Mr. Ronald J. Spielberger, Chief Compliance Officer and General Counsel, overseeing legal and compliance matters to ensure the company's adherence to regulatory standards.
Competitor Profile
The home healthcare industry is experiencing significant growth, driven by an aging population and increasing demand for in-home care services. Key competitors in this sector include:
- BrightStar Care: Founded in 2002, BrightStar Care operates over 300 franchise locations across 38 states and Canada, offering a range of in-home care services.
- HomeCentris Healthcare, LLC: A Maryland-based provider of home-based health care solutions, HomeCentris expanded its operations by acquiring Personal-Touch Home Care of Baltimore, Inc. in 2021.
Strategic Collaborations and Partnerships
In December 2021, Personal-Touch Home Care of Baltimore, Inc. was acquired by HomeCentris Healthcare, LLC. This acquisition allowed HomeCentris to expand its skilled home health services in central Maryland, integrating Personal-Touch Baltimore's operations into its existing service offerings.
Operational Insights
Personal-Touch Home Care's extensive network of over 50 locations across 13 states positions it as a significant player in the home healthcare industry. The company's commitment to providing personalized care plans and a diverse range of services offers a competitive advantage in meeting the varied needs of patients. However, challenges such as data security breaches have necessitated enhancements in cybersecurity measures to protect patient and employee information.
Strategic Opportunities and Future Directions
Looking ahead, Personal-Touch Home Care aims to strengthen its market position by expanding service offerings, investing in technology to improve patient care, and enhancing data security protocols. The company's focus on individualized care plans and comprehensive services positions it well to meet the evolving needs of the home healthcare market.
Contact Information
- Website: www.pthomecare.com
- LinkedIn: Personal-Touch Home Care
