Employee ownership in the healthcare industry can help retiring business owners cash out while benefiting their communities, explains Katrina Kazda, a senior business strategist at the ICA Groupwriting for HomeCare Magazine.
As Kazda points out, employee ownership in the industry is not new. Indeed, the largest worker cooperative in the US “is Cooperative Home Care Associates (CHCA), a licensed homecare agency based in New York City that provides care to the elderly, disabled and chronically ill.” As NPQ has noted, the Bronx-based worker co-op employs 2,000 and “has been lifting working conditions and wages for decades.”
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