The Bottom Line: InHome Therapy Breaks the Home Therapy Model
October 08, 2021
NewSpring, a family of private equity strategies, today announced that NewSpring Healthcare, the Firm’s dedicated healthcare strategy, has invested in InHome Therapy.
InHome Therapy is the market’s first “Home Therapy as a Service” (HTaaS) solution
While many traditional staffing companies operate as transactional brokers, InHome Therapy’s HTaaS model allows agencies to engage highly qualified and motivated home-health therapists to deliver services in the home. InHome Therapy is a community of professionals that focuses on and invests in the needs, training, and growth of home therapists. The company offers a full suite of proprietary processes for physical, occupational, and speech therapists that empowers them to meet the unique needs of their home health patients. InHome Therapy’s innovative approach was built out of the understanding that today’s challenge is not just about finding therapists, it's about developing and supporting each therapist to ensure they are prepared to deliver the newest home health treatments that provide optimal care.
InHome Therapy has acquired two companies to support its continued growth
InHome Therapy is on a mission to solve the increasing therapy and staffing needs of a booming home health industry. As the population ages, and with a shortage of qualified therapists, home health care needs are left unmet. As part of the company’s growth strategy, InHome Therapy has acquired TNR Staffing LLC and Continuum Rehabilitation LLC, two purpose-driven companies that share InHome Therapy’s values. This move positions InHome Therapy as one of the nation’s largest providers of home therapy services.
The company is led by a highly experienced management team eager to take InHome Therapy to new levels of growth
CEO Matt Murphy states that his team is committed to finding solutions for delivering ongoing superior care to therapists who are determined to deliver optimal care to patients. By investing in a therapist’s growth, every agency partner will also experience growth. “InHome Therapy possesses a fundamental belief that to administer quality care, we need to provide therapists with the tools, training, freedom, and support they need to deliver results for our agency partners and patients,” said InHome Therapy CEO Matt Murphy.
“NewSpring seeks disruptive, high-growth healthcare companies run by innovative management teams that are devising technology-driven solutions that improve the delivery of healthcare for patients. InHome Therapy addresses the fast-growing need for well-trained, qualified therapists as today’s aging population continues to require home treatment. We’re thrilled to partner with Matt Murphy, whose experience in the Home Health sector uniquely positions InHome Therapy to extend its platform to patients nationwide.”
The Management team is committed to building a company that prioritizes the needs of therapists
The company seeks to become the “employer of choice” for the country’s best home health therapists to ensure these professionals can continue producing outcomes for their patients and results for their healthcare partners. As part of the transaction, Dr. Ratnam and Mark Pacala, NewSpring Healthcare Advisory Partner, will serve on the InHome Therapy Board of Directors.