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Paramount Healthcare Services

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uuid000q83r

Namestring
Paramount Healthcare Services
Legal namestring
Paramount Healthcare Services, Inc.
Company typeenum
Private
Founded yearint
1994
Descriptiontext

Paramount Healthcare Services, Inc. is a privately held home healthcare provider founded circa 1994 and headquartered at 3 Courthouse Lane, Unit 2, Chelmsford, Massachusetts. The company delivers both medical and non-medical in-home care services to individuals across Massachusetts communities and southern New Hampshire, including seniors, post-hospital recovery patients, and individuals with chronic conditions or cognitive impairment.

Its service portfolio is organized into four categories: medical services (skilled nursing, physical therapy, occupational therapy, speech-language pathology), non-medical services (personal care, respite care, companionship, live-in services, homemaking), specialty programs (Dementia and Alzheimer's care, Hospital Recovery Program), and support services (medical social services, transportation). The CHAP and CMS accreditation logos displayed on the website indicate Medicare/Medicaid-eligible home health certification status. The underlying operational technology is described as a home healthcare service delivery platform; no proprietary software products, API, or app are disclosed.

The business model is service-fee based, recurring in nature, with billing routed through insurance (specific insurers accepted are listed on a dedicated page but not enumerated here) or direct payment; pricing is not publicly disclosed and prospective clients are directed to contact the company. Go-to-market relies on a website, organic social (Facebook, LinkedIn), and a formalized referral program targeting both families and provider organizations. Reported corporate headcount is 1–10, consistent with a small independent operator rather than a scaled multi-office home health enterprise.

Short descriptiontext

Paramount Healthcare Services is a privately held, Chelmsford, Massachusetts-based home healthcare provider founded in 1994, delivering skilled nursing, therapy, personal care, and specialty in-home services to individuals across Massachusetts and southern New Hampshire.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersChelmsford, United States
HQ citystring
Chelmsford
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
home healthcare services, skilled nursing care, physical therapy services, personal care assistance, specialty medical programs
Industry4 codes
1Skilled Home Health (Medicare-Certified) Agencies
CodeHLAFAEAAPrimaryYes
2Personal Care / Non-Medical Home Care (Private Duty)
CodeHLAFAEABPrimaryNo
3Private Duty 24/7 Nursing (RN/LPN) In-Home Care
CodeHSABAHAJPrimaryNo
4Dementia & Alzheimer’s Respite Care
CodeHSABAGAFPrimaryNo
NAICS code2 codes
  • Home Health Care Services62161
  • Services for the Elderly and Persons with Disabilities624120
SIC code1 code
  • Services-Home Health Care Services8082
Product category
Home Healthcare Services
Revenue model1 record
1Home Healthcare Services
TypeSubscription Recurring
Description

Provides medical and non-medical home healthcare services including skilled nursing, therapy services, and personal care. Revenue is generated through service fees, likely billed via insurance or direct payment.

myparamounthealthcare.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Paramount Healthcare Services delivers medical and non-medical home healthcare directly to patients in their residences across Massachusetts and parts of New Hampshire. The portfolio includes skilled nursing, physical/occupational/speech therapy, personal care, companionship, homemaking, live-in and respite services, plus specialty programs for dementia/Alzheimer's and post-hospital recovery. Services are coordinated by a local clinical team and billed through insurance or direct payment.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Fewer hospital admissions
+2 more records
Product overview1 text field

Paramount Healthcare Services operates as a home healthcare provider offering a coordinated portfolio of medical and non-medical services delivered in patients' homes. The medical services division includes Skilled Nursing, Physical Therapy, Occupational Therapy, and Speech-language Pathology. The non-medical services include Personal Care, Respite Care, Companionship, Live-In Services, and Homemaking. Specialty Programs focus on Dementia and Alzheimer's Care and Hospital Recovery. The company also provides Medical Social Services and Transportation Services. All services are designed to help individuals remain in their homes while receiving quality, personalized care.

Product and service13 records
1Skilled Nursing
CategoryMedical Service
2Physical Therapy
3Occupational Therapy
4Speech-language Pathology
5Personal Care
6Respite Care
7Companionship
8Live-In Services
9Homemaking
10Dementia and Alzheimer's Care
11Hospital Recovery Program
12Medical Social Services
13Transportation Services
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

One of the largest U.S. non-profit home health providers offering skilled nursing, therapy, and personal care across multiple states. Directly comparable service mix to Paramount's medical and non-medical home health portfolio, though at vastly greater scale.

TypeDirect peer
Description

National franchise system providing non-medical companion, personal care, and respite services in clients' homes. Highly comparable to Paramount's non-medical services line and 24/7/live-in offerings, with overlapping geographic presence in the Northeast.

TypeDirect peer
Description

Global franchise network focused on personal care, companionship, and Alzheimer's/dementia support for seniors at home. Directly overlaps Paramount's companion care, respite, and dementia specialty program.

TypeDirect peer
Description

Franchise home health agency offering both skilled medical (nursing, therapy) and non-medical personal care. Closely mirrors Paramount's full-stack service model and dual clinical/personal-care positioning.

TypeDirect peer
Description

Franchise provider of in-home personal care, companionship, and respite services including specialized dementia/memory care. Comparable scope to Paramount's non-medical services and dementia specialty program.

TypeBroad incumbent
Description

Public home health and hospice operator with skilled nursing, therapy, and home health aide services across the U.S. Overlaps with Paramount's skilled nursing and home-recovery programs but at multi-state scale.

TypeBroad incumbent
Description

National home health, hospice, and home- and community-based services provider with strong hospital joint-venture model. Comparable clinical home health offerings to Paramount's skilled services; useful benchmark for hospital-partner strategy Paramount lacks.

TypeDirect peer
Description

Franchise system providing in-home senior care including personal care, companionship, and specialized Alzheimer's/dementia and Parkinson's programs. Directly comparable to Paramount's full-service home care and dementia specialty.

TypeDirect peer
Description

Franchise network offering skilled nursing, therapy, and personal care services in the home. Highly comparable full-stack model and franchise structure to Paramount's service portfolio.

TypeBroad incumbent
Description

Multi-state home health, hospice, and personal care provider with skilled nursing, therapy, and behavioral health. Comparable clinical home health and personal care offerings to Paramount, though operating across many more states.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Paramount Healthcare Services

Home Healthcare Servicesmyparamounthealthcare.com

Paramount Healthcare Services is a privately held, Chelmsford, Massachusetts-based home healthcare provider founded in 1994, delivering skilled nursing, therapy, personal care, and specialty in-home services to individuals across Massachusetts and southern New Hampshire.

What Paramount Healthcare Services does

Paramount Healthcare Services, Inc. is a privately held home healthcare provider founded circa 1994 and headquartered at 3 Courthouse Lane, Unit 2, Chelmsford, Massachusetts. The company delivers both medical and non-medical in-home care services to individuals across Massachusetts communities and southern New Hampshire, including seniors, post-hospital recovery patients, and individuals with chronic conditions or cognitive impairment.

Its service portfolio is organized into four categories: medical services (skilled nursing, physical therapy, occupational therapy, speech-language pathology), non-medical services (personal care, respite care, companionship, live-in services, homemaking), specialty programs (Dementia and Alzheimer's care, Hospital Recovery Program), and support services (medical social services, transportation). The CHAP and CMS accreditation logos displayed on the website indicate Medicare/Medicaid-eligible home health certification status. The underlying operational technology is described as a home healthcare service delivery platform; no proprietary software products, API, or app are disclosed.

The business model is service-fee based, recurring in nature, with billing routed through insurance (specific insurers accepted are listed on a dedicated page but not enumerated here) or direct payment; pricing is not publicly disclosed and prospective clients are directed to contact the company. Go-to-market relies on a website, organic social (Facebook, LinkedIn), and a formalized referral program targeting both families and provider organizations. Reported corporate headcount is 1–10, consistent with a small independent operator rather than a scaled multi-office home health enterprise.

Paramount Healthcare Services firmographics

Firmographics
Name
Paramount Healthcare Services
Legal name
Paramount Healthcare Services, Inc.
Website
https://myparamounthealthcare.com
Company type
Private
Founded year
1994
Operating status
Operating
Headcount range
1–10 employees
Short description
Paramount Healthcare Services is a privately held, Chelmsford, Massachusetts-based home healthcare provider founded in 1994, delivering skilled nursing, therapy, personal care, and specialty in-home services to individuals across Massachusetts and southern New Hampshire.
Ownership category
akta.pro rank

Paramount Healthcare Services industry classification

Industry
Product category
Home Healthcare Services
NAICS
Home Health Care Services (62161), Services for the Elderly and Persons with Disabilities (624120)
SIC
Services-Home Health Care Services (8082)
akta.pro primary industry
Skilled Home Health (Medicare-Certified) Agencies (HLAFAEAA)
akta.pro secondary industries
Personal Care / Non-Medical Home Care (Private Duty) (HLAFAEAB), Private Duty 24/7 Nursing (RN/LPN) In-Home Care (HSABAHAJ), Dementia & Alzheimer’s Respite Care (HSABAGAF)

Keywords

  • Home healthcare services
  • Skilled nursing care
  • Physical therapy services
  • Personal care assistance
  • Specialty medical programs

Where Paramount Healthcare Services is headquartered

Location

Headquarters

HQ city
Chelmsford
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Paramount Healthcare Services business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Home Healthcare Services: Provides medical and non-medical home healthcare services including skilled nursing, therapy services, and personal care. Revenue is generated through service fees, likely billed via insurance or direct payment.

Distribution channels1 record

Marketing channels4 records

Paramount Healthcare Services product offering

Product offering

Core offering

Paramount Healthcare Services delivers medical and non-medical home healthcare directly to patients in their residences across Massachusetts and parts of New Hampshire. The portfolio includes skilled nursing, physical/occupational/speech therapy, personal care, companionship, homemaking, live-in and respite services, plus specialty programs for dementia/Alzheimer's and post-hospital recovery. Services are coordinated by a local clinical team and billed through insurance or direct payment.

Product overview

Paramount Healthcare Services operates as a home healthcare provider offering a coordinated portfolio of medical and non-medical services delivered in patients' homes. The medical services division includes Skilled Nursing, Physical Therapy, Occupational Therapy, and Speech-language Pathology. The non-medical services include Personal Care, Respite Care, Companionship, Live-In Services, and Homemaking. Specialty Programs focus on Dementia and Alzheimer's Care and Hospital Recovery. The company also provides Medical Social Services and Transportation Services. All services are designed to help individuals remain in their homes while receiving quality, personalized care.

Differentiator

Problem solved

Functional benefit

Products and services

  • Skilled Nursing
  • Physical Therapy
  • Occupational Therapy
  • Speech-language Pathology
  • Personal Care
  • Respite Care
  • Companionship
  • Live-In Services
  • Homemaking
  • Dementia and Alzheimer's Care
  • Hospital Recovery Program
  • Medical Social Services
  • Transportation Services

Quantifiable outcome

  • Fewer hospital admissions
  • +2 more outcomes

Companies that use Paramount Healthcare Services

Customer profile

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Paramount Healthcare Services technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Paramount Healthcare Services partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Paramount Healthcare Services competitors and assessment

Company assessment

Broad incumbents

  • Bayada Home Health Care: One of the largest U.S. non-profit home health providers offering skilled nursing, therapy, and personal care across multiple states. Directly comparable service mix to Paramount's medical and non-medical home health portfolio, though at vastly greater scale.
  • Amedisys: Public home health and hospice operator with skilled nursing, therapy, and home health aide services across the U.S. Overlaps with Paramount's skilled nursing and home-recovery programs but at multi-state scale.
  • LHC Group: National home health, hospice, and home- and community-based services provider with strong hospital joint-venture model. Comparable clinical home health offerings to Paramount's skilled services; useful benchmark for hospital-partner strategy Paramount lacks.
  • Elara Caring: Multi-state home health, hospice, and personal care provider with skilled nursing, therapy, and behavioral health. Comparable clinical home health and personal care offerings to Paramount, though operating across many more states.

Direct peers

  • Visiting Angels: National franchise system providing non-medical companion, personal care, and respite services in clients' homes. Highly comparable to Paramount's non-medical services line and 24/7/live-in offerings, with overlapping geographic presence in the Northeast.
  • Home Instead: Global franchise network focused on personal care, companionship, and Alzheimer's/dementia support for seniors at home. Directly overlaps Paramount's companion care, respite, and dementia specialty program.
  • BrightStar Care: Franchise home health agency offering both skilled medical (nursing, therapy) and non-medical personal care. Closely mirrors Paramount's full-stack service model and dual clinical/personal-care positioning.
  • Comfort Keepers: Franchise provider of in-home personal care, companionship, and respite services including specialized dementia/memory care. Comparable scope to Paramount's non-medical services and dementia specialty program.
  • Senior Helpers: Franchise system providing in-home senior care including personal care, companionship, and specialized Alzheimer's/dementia and Parkinson's programs. Directly comparable to Paramount's full-service home care and dementia specialty.
  • Interim HealthCare: Franchise network offering skilled nursing, therapy, and personal care services in the home. Highly comparable full-stack model and franchise structure to Paramount's service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Paramount Healthcare Services social profiles

Digital presence

Paramount Healthcare Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Paramount Healthcare Services leadership team

Management profile

Number of profiles

Paramount Healthcare Services funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Paramount Healthcare Services M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paramount Healthcare Services

What does Paramount Healthcare Services do?

Paramount Healthcare Services delivers medical and non-medical home healthcare directly to patients in their residences across Massachusetts and parts of New Hampshire. The portfolio includes skilled nursing, physical/occupational/speech therapy, personal care, companionship, homemaking, live-in and respite services, plus specialty programs for dementia/Alzheimer's and post-hospital recovery. Services are coordinated by a local clinical team and billed through insurance or direct payment.

Is Paramount Healthcare Services a public or private company?

Paramount Healthcare Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Paramount Healthcare Services founded?

Paramount Healthcare Services was founded in 1994. It employs 1 to 10 people.

Where is Paramount Healthcare Services based?

Paramount Healthcare Services is headquartered in Chelmsford, United States, in the North America region.

How does Paramount Healthcare Services make money?

One revenue line is on record: home Healthcare Services.

Who are Paramount Healthcare Services's main competitors?

Broad incumbents on record are Bayada Home Health Care, Amedisys, LHC Group and Elara Caring. Direct peers are Visiting Angels, Home Instead, BrightStar Care, Comfort Keepers, Senior Helpers and Interim HealthCare.

Does Paramount Healthcare Services have an API?

No public API is recorded for Paramount Healthcare Services.

What industry is Paramount Healthcare Services in?

Paramount Healthcare Services's product category is Home Healthcare Services. Its primary akta.pro industry code is HLAFAEAA, Skilled Home Health (Medicare-Certified) Agencies, with a secondary code of HLAFAEAB, Personal Care / Non-Medical Home Care (Private Duty). Its NAICS code is 62161 and its SIC code is 8082.

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Live signals
Investing.comMedi Assist Q1 FY27 slides: margin recovery continues, tech revenue surges By Investing.comMedi Assist Healthcare Services reported Q1 FY27 operating revenue of ₹236.5 crore, a 24.1% year-over-year increase, driven by strong growth in its core group TPA franchise and technology segment. The company's EBITDA margin improved to 20.3%, marking the fourth consecutive quarter of sequential recovery as it nears completion of the Paramount Healthcare Services integration. Despite meeting revenue forecasts, shares fell 5.32% as investors weighed the ongoing margin compression against future growth prospects in AI technology monetization and international expansion.Investing.comMedi Assist Q1 FY27 slides: margin recovery continues, tech revenue surges By Investing.comMedi Assist Healthcare Services Limited reported Q1 FY27 results on August 10, 2026, with operating revenue of ₹236.5 crore, up 24.1% year-over-year, as the third-party administrator continues its margin recovery trajectory with EBITDA at 20.3%—the fourth consecutive quarter of sequential improvement following the Paramount Healthcare Services acquisition. Technology revenue surged 55.5% year-over-year to ₹7.8 crore, emerging as the fastest-growing business line with seven insurers contracted across platform modules, while the company targets a return to its historical 23% EBITDA margin by end of FY27.Investing.comMedi Assist Q1 FY27 slides: margin recovery continues, tech revenue surges By Investing.comMedi Assist Healthcare Services reported a 24.1% year-over-year increase in operating revenue to ₹236.5 crore for Q1 FY27, driven by strong growth in its group and government TPA segments and the integration of Paramount Healthcare Services. The company is actively monetizing its AI technology stack, with tech revenue surging 55.5%, while targeting a return to historical EBITDA margins of 23% by the end of FY27 as integration activities near completion.