Ocean Healthcare

What Ocean Healthcare does

Ocean Healthcare is a US-based, for-profit healthcare services company headquartered in Lakewood that has been operating since 1984. According to its firmographic profile, the firm delivers a range of care services with stated emphasis on home health care and adult day health, serving patients and families requiring ongoing clinical and personal support outside of an inpatient hospital setting. The company reports a workforce of between 1,001 and 5,000 employees, placing it in the mid-sized bracket of US home and community-based services providers, though no further detail on geographic footprint, payor mix, or facility count is available in the supplied data.

The underlying operating model is service-delivery based: revenue is generated through the provision of clinical and non-clinical care to individual patients (and through adult day health programs), with reimbursement likely drawn from a mix of Medicare/Medicaid, managed care, and private-pay sources typical for the home health sector. No pricing model, contract structure, go-to-motion, or specific service-line detail (e.g., skilled nursing, personal care, therapy, hospice) is disclosed in the available sources. The company's website (oceanhealthcare.com) was inaccessible at time of research, presenting a verification page rather than substantive content, which materially limits first-party due diligence.

Strategic context for a PE/VC/M&A audience: Ocean Healthcare presents as a long-tenured, mid-sized home and community-based services operator with four decades of operating history and a multi-thousand-employee workforce — characteristics consistent with a mature platform potentially attractive for roll-up or recapitalization activity in the fragmented home health and adult day health markets. However, the available data set is unusually thin: no disclosed financials, no management team roster, no M&A history, no payor or geographic concentration detail, no certifications, and no digital/AI capability signals. Any investment decision would require substantial primary-source diligence to fill these gaps.

Name

Ocean Healthcare

Website

https://oceanhealthcare.com

Company type

Private

Founded year

1984

Headcount range

1,001–5,000 employees

Short description

Ocean Healthcare is a US-based, mid-sized healthcare services company headquartered in Lakewood that has operated since 1984, providing home health care and adult day health services to patients and families across multiple states with a workforce of 1,001–5,000.

Ownership category

akta.pro rank

Headquarters

HQ city

Lakewood

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations

Core offering

Ocean Healthcare is a hospital and health care firm that delivers a wide range of care services, including home health care and adult day health, to patients requiring ongoing personal, medical, or supportive care. Services are provided directly by employed caregivers across home and community/day-program settings in the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Health Care In-home health and personal care services delivered to patients in their residences, intended for individuals requiring ongoing medical or supportive care at home.
• Adult Day Health Community-based daytime care and health services for adults who need supervised support during the day, providing respite and structured care outside the home.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Bayada Home Health Care: Large private home health and adult care provider serving pediatric and adult populations across multiple U.S. states. Directly comparable to Ocean Healthcare in service mix (home health + adult/personal care) and in remaining private and operationally similar in scale.
• Amedisys: National home health and hospice operator with deep Medicare exposure. Directly comparable in core home health delivery model and payer mix; relevant as a benchmark for PDGM-era economics and managed-care contracting leverage.
• LHC Group: Home health, hospice, and home- and community-based services provider with a strong joint-venture model with hospital systems. Directly comparable in service lines and in the strategy of partnering with acute-care referral sources.
• Aveanna Healthcare: Diversified home health and adult day services operator with private-duty nursing, home health, and adult day programs. Closely mirrors Ocean Healthcare's dual home-health + adult-day offering and Northeast exposure.
• Addus HomeCare: Personal care and home health provider focused on Medicaid waiver populations and dual-eligibles. Directly comparable to Ocean Healthcare's adult day and home health services, particularly in serving state-funded populations.
• Pennant Group: Home health, hospice, and senior living operator with a distributed-cluster operating model. Relevant comparable for the home health and adult services economics and for local-cluster scaling dynamics.
• BrightSpring Health Services: Diversified home and community-based services platform spanning home health, hospice, pharmacy, and behavioral health. Comparable as a multi-line community-care platform and as a benchmark for PE-backed scaling of similar service mixes.

Broad incumbents

• Encompass Health: Large national operator of inpatient rehabilitation hospitals and (historically) home health and hospice. Comparable as an established scaled player in the broader post-acute and home-care continuum, though its inpatient rehab orientation differs from Ocean Healthcare's model.
• Brookdale Senior Living: Large senior-living operator with adjacent home health, personal care, and adult day programs through Brookdale Health Services. Comparable as an incumbent serving overlapping elderly populations, though primarily residential rather than community-based.

Emerging players

• Modivcare: Provider of non-emergency medical transportation and personal / home care services with a Medicaid-centric payer mix. Comparable as an emerging scaled player in community-based care services relevant to Ocean Healthcare's referral and Medicaid dynamics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Ocean Healthcare