CEO Seth Sternberg illustrated how Honor is uniquely positioned to solve for the caregiver shortage by creating better, more attractive career opportunities.
Seth Sternberg, co-founder and CEO of the world’s largest home care network and most advanced technology platform Honor, gave a virtual presentation on Wednesday, January 12th at the 40th Annual J.P. Morgan Health Care Conference, providing insight into the company’s purpose and global impact.
In his presentation, Sternberg highlighted the opportunities within the $83 billion global private pay, activities of daily living (ADL) market. By delivering on average over 20 hours of care per week per home on recurring schedules, Honor is uniquely positioned to build the platform to connect older adults to the modern care ecosystem.
"With Honor’s team, technology and reach — and our ability to provide consistent, quality care — we can fundamentally change the aging experience for older adults, their families and Care Professionals."
“The non-medical home care segment is massive but fragmented, with no clear leader focused on innovation and the future of the industry,” said Sternberg. “With Honor’s team, technology and reach — and our ability to provide consistent, quality care — we can fundamentally change the aging experience for older adults, their families and Care Professionals.”
One major step in Honor’s path to growth was its acquisition of the world’s largest in-home care franchise network, Home Instead, in 2021. Honor is in the process of transitioning the Home Instead franchise network to the Honor technology platform to unlock quality and scale in order to deliver better jobs to Care Professionals and better care to older adults.