James River Home Healthcare - Bridges Fund Management

    

    


	
	
	
	
	
	
	
	
	
	
	
	





















    
	            
			    
    



		
		    

    
    
    





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James River Home Healthcare

Home health and hospice services that enable people to age in place

Investment Strategy

Growth Business

Theme

Future Skills; Healthier Lives

Date of initial investment

February 2020

Bridges Executives

Ed Niemczyk
Elizabeth Burgess

Challenge

The number of Americans aged 65 and older is expected to almost double from 2018 to 2060, and the share of the total population is projected to rise from 16% to 23%. Many elderly people prefer to age in place and manage end-of-life at home, but the landscape for home-based care is currently fragmented, with few providers delivering care at scale.

Investable Solution

James River, headquartered in Richmond VA, provides home health and hospice care services, placing workers trained in relevant specialties with individuals to meet their medical and personal care needs in a high-quality manner. The Company’s leading recruitment and training capabilities combined with scalable systems and processes provide a strong platform for both organic growth and the execution of a roll-up strategy within the mid-Atlantic region.

Impact

By delivering high-quality home health and hospice care, James River helps patients heal and age in place with dignity and improves their quality of life. In addition, the Company provides quality employment opportunities to its caregiver workforce through best-in-class recruitment and training, which yields better care and improved health outcomes for patients as well as flexibility and job satisfaction for its employees.