Who owns bayada nurses

Skip to content Share Icon. Facebook Logo. Link Icon. Mark Baiada just might have won the holidays. Published Nov. Juliana Feliciano Reyes Email. The transition was completed in Jan. HomeCare: What drew you to home health? Did you work with family members from the beginning? Mark Baiada: I knew I wanted to be an entrepreneur since I was young, and when I was 26, I set out to find the right kind of company to start and grow. In my research I found home health care and I knew that was the right choice; I thought about my grandmother, whom I was very close to.

She was lucky enough to have a large family who could support her if she got sick and needed help. But what about people without large families? I wanted to meet that need for those people. Now, all of our children are involved in the company in some capacity, and several of our siblings also work with us. HomeCare: Do you think home health is a natural fit for family-owned businesses?

Baiada: The concept of home health care is built on family. You become part of their family—and you work closely with their family—to provide compassion and excellent and reliable care. HomeCare: How did you balance work relationships and family relationships—especially in the earlier days of the company? Baiada: When you treat your employees like family, your actual family just kind of blends in. HomeCare: Were there challenges you faced in deciding to hand the operational component over to your son?

Baiada: David grew up with BAYADA as a very important part of his life, and he began working for us as a client service manager more than 10 years ago. He has experience in many elements of the organization, eventually serving as president of our Home Health Care Practice.

Early last year, Kindred Healthcare Services Inc. He ruled out selling to private equity, going public, and even leaving the company to his five children - all but one of whom is involved in the business. He and his children were too aware of the dire statistics on how few companies make it through multiple generations.

The process of turning Bayada over to a public charitable foundation, which as yet to be created, is expected to take several years. The plan is for the charitable foundation to own 80 percent of the company, with the rest owned by the family and other employees, Baiada said.

That is easier said than done.