SYNERGY HomeCare Claims Higher Rank among Top Franchisors
Entrepreneur.com Ranks and Industry Trends Show High Growth Potential for Home Care Company
(December 22, 2011- Gilbert, Ariz.) The latest annual rankings of the top 500 franchisors from Entrepreneur.com show SYNERGY HomeCare moved up into 177th place. This position, up from 182 since 2011 and 406 in 2010 shows the home care company’s consistent strong growth in the franchising and health care industries.
The demand for health care, especially non medical home care has grown exponentially in the past decade. As the baby boomer generation ages and transitions into retirement, home care is becoming a popular choice for seniors needing long term care. A recent report shows eldercare to be one of the fastest growing industries. SYNERGY HomeCare’s in-home companionship, homemaking assistance and personal care have great potential to grow as average life expectancy and population of seniors continue to grow.
In addition to adding over 100 franchise units in less than five years, SYNERGY HomeCare is developing new services to position itself as the premier provider of care for all ages. This year, the franchisor created a Skilled Services Division, which will allow select franchise partners to provide medical care in the home. Currently, 17 SYNERGY HomeCare franchise units have upgraded their services to provide skilled care.
“The development of Skilled Nursing services has resulted in contracts with national commercial companies and partnerships with healthcare organizations, which will fuel the continued growth in the number of franchises and expanded healthcare services.Combining skilled nursing services with our non-medical care provides clients and families peace of mind”, says SYNERGY HomeCare CEO Peter Tourian. “We have seen great success in our first wave of Skilled agencies, and look forward to more waves in 2012.”
SYNERGY HomeCare also re-launched a Regional Developer program in 2011, which has yielded nine Regional Developers and a greater number of single unit franchisees. With the incorporation of new services and Regional Developers, SYNERGY HomeCare is advantageously positioned for heightened growth in an already booming industry.
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