Bayada Home Health Care

Bayada Home Health Care
Private
Industry Home health care
Founded Philadelphia, Pennsylvania, United States (January 17, 1975 (1975-01-17))
Founder J. Mark Baiada
Headquarters Moorestown Township, New Jersey, United States
Number of locations
 250 (As of 2013)
Area served
 Eastern, Midwest, and Southwestern United States; Hyderabad, India
Services Pediatric and adult home health care, hospice, and rehabilitation
Number of employees
 18,000+ (As of 2013)
Subsidiaries Bayada Foundation
Website bayada.com

Bayada Home Health Care (stylized BAYADA) is an international, privately held home health care company. The organization has previously been known as RN Homecare and Bayada Nurses. While the headquarters is based in Moorestown Township, New Jersey, the company employs over 18,000 nursing support staff in 250 offices throughout the United States and India. The organization provides in-home nursing services, which encompass physical, occupational and speech therapy. Additional services include medical social work, home health aides and hospice support. Since 2004, the organization has co-sponsored the "Bayada Award for Technological Innovation in Nursing Education and Practice", which recognizes individuals in the nursing field who work to introduce advancements in technology in support of nursing education and the nursing industry overall.

Background

On January 17, 1975, Bayada Home Health Care was established as RN Homecare, by J. Mark Baiada in Philadelphia, Pennsylvania.[1][2] In 1983, the name of the company was changed to Bayada Nurses, representing the Baiada family and staff of nursing professionals.[3] In 2012, on the company's 37th anniversary, Bayada Nurses rebranded as Bayada Home Health Care, in order to better encompass the organization's services and the work performed by the staff of nursing professionals.[1][4][5]

In January 2012, Bayada announced they had acquired NurseFinders Home Care, expanding their services with 16 locations in nine states.[6]

As of 2013, Bayada Home Health Care operates more than 250 offices in 25 states, as well as India.[5] The company employs more than 18,000 nurses, home health aides, therapists, medical social workers, and other health care professionals.[5] The company ranks as #15 on the list of largest employers in Philadelphia.[7] The privately held company stated 2012 revenue of $815M,[8] and that they expected to reach $1B revenue in 2014.[9]

International expansion

In 2012, Bayada opened their first international office, in Hyderabad, India.[1] Faced with the challenge of succeeding as a standalone US company in the Indian healthcare market, in 2013 the company bought a 26% stake in Chennai, India-based India Home Health Care (IHHC).[9] IHCC has operations in Chennai and Bangalore with a network of 300 nurses.[10] Bayada has also launched IHHC’s NRI services through its offices in the US.[11] Bayada and India Home Health Care have announced an investment of $10 million to create a pan India presence by 2016 with a team size of 3000 and revenue of $12 million.[12]

Philanthropy

In 2004, Bayada, in conjunction with Drexel University's College of Nursing and Health Professions, created the Bayada Award for Technological Innovation in Nursing Education and Practice. The award honors nursing educators and practicing nurses whose innovation leads to improved patient care or improved nursing education.[13][14]

Bayada is a Gold Team National Sponsor for the ALS Association, and is also working with local families to offer care at the local level, in addition to developing training programs to help caregivers better serve ALS patients.[15]

Honors and awards

References

  1. 1 2 3 "New Name, Same Mission". advanceweb.com. 2012-01-30. Retrieved 12 August 2013.
  2. ↑ "Eye of the Entrepreneur:Entrepreneurship in Action::Laurence A. Baiada Institute for Entrepreneurship :". lebow.drexel.edu. Retrieved 2013-09-05.
  3. ↑ "History, Vision and Philosophy | BAYADA Home Health Care". Bayada.com. Retrieved 2013-09-05.
  4. ↑ "Company Overview of BAYADA Home Health Care". investing.businessweek.com. Retrieved 12 August 2013.
  5. 1 2 3 Chris Bishop (2012-02-08). "Local health care company expands with acquisition - phillyburbs.com: Burlington County Times". phillyburbs.com. Retrieved 2013-09-05.
  6. ↑ "Bayada Home Health Care buys Nursefinders". Philadelphia Business Journal. 2012-01-31. Retrieved 2014-01-31.
  7. ↑ "State, City lists of Top Philly Job Taxpayers". philly.com. 2013-05-01. Retrieved 31 January 2014.
  8. ↑ "Tom Sibson, Bayada Home Health Care". Philadelphia Business Journal. 2013-07-12. Retrieved 31 January 2014.
  9. 1 2 "US firm Bayada buys 26% stake in Chennai's India Home Health Care". The Economic Times. 2013-09-19. Retrieved 2014-01-31.
  10. ↑ "Doorstep healthcare service picks up in Chennai". The Hindu. 2014-02-26. Retrieved 2014-02-26.
  11. ↑ "Bayada NRI Service". BAYADA Home Health Care. 2014-02-24. Retrieved 2014-02-24.
  12. ↑ "US' Bayada to invest $10m for pan-India expansion". Financial Chronicle. 2014-02-26. Retrieved 2014-02-26.
  13. ↑ "About BAYADA Awards". drexel.edu. Retrieved 26 August 2013.
  14. ↑ "Drexel announces winners of Bayada Award For Technological Innovation | Nurse.com News". News.nurse.com. 2012-08-27. Retrieved 2013-09-05.
  15. ↑ "BAYADA Home Health Care Partners with The ALS Association to Help Families with Lou Gehrig's Disease and Support the Walk to Defeat ALS". ALSA.org. 2013-05-06. Retrieved 2014-01-31.
  16. ↑ "HomeCare Elite". ocshomecare.com. Retrieved 12 August 2013.
  17. ↑ "Pennsylvania Homecare Association – 2011 Winners". pahomecare.org. Retrieved 26 August 2013.
  18. ↑ "Nomination for the 2011 PHA Best in Homecare and Hospice Awards" (PDF). Pennsylvania Homecare Association. Retrieved 26 August 2013.

External links

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