Are you ready to move beyond theoretical analysis and directly inform the Private Equity and Technology strategy driving the future of homecare? Homecare Group invites applications for our intensive Research Internship and advanced Research Fellowship programs. We seek sharp, quantitatively-focused individuals ready to tackle the sector's most pressing challenges.

The Opportunity

We are a technology-driven Private Equity firm, and our investment thesis is built on proprietary research. Fellows and Interns will be embedded within our Strategy and M&A teams, conducting rigorous, data-intensive projects designed to de-risk acquisitions, optimize operations, and quantify the ROI of technology.

Learn more about our open positions here.

Research Internship (12 Weeks)

Our internship is a challenging 12-week program for top-tier students. Interns are tasked with completing an initial research project on a high-impact operational or financial topic, followed by a second project focused on applying those findings directly to an acquisition target or portfolio company. This is a unique opportunity to see how proprietary research transforms into strategic action.

Learn more about our research internship here.

Research Fellowship (Advanced Program)

The Fellowship is an advanced program for post-graduates or seasoned professionals. Fellows lead larger, long-term research initiatives, publishing internal white papers and creating dynamic financial models that directly inform firm leadership. Topics often involve complex modeling of market dynamics, regulatory risk, and new technology adoption (e.g., Clinical AI).

Learn more about our research fellowship here.

Areas of Interest for Research Applicants

Applicants are encouraged to draw inspiration from our core research themes. Your application should briefly propose a project idea within one of these areas:

Strategic M&A and Market Analysis

• Geographic Contiguity Mapping: Research small-to-mid-sized agencies in high-demand, low-competition zones for consolidation (replicating the Altocare model).

• Local Payer Mix Granularity: Quantify precise reimbursement risk market-by-market by drilling down into specific MA PPO/HMO growth and Medicaid utilization rates.

• PE Buyer Profile Modeling: Create a profile of agencies most likely to be acquired by strategic or institutional buyers to prioritize targets before they enter the auction process.

Regulatory and Operational Efficiency

• Regulatory Risk Modeling and Arbitrage: Map state policies regarding licensing reciprocity (caregivers) and Certificate of Need (CON) laws to identify low-CapEx organic expansion opportunities in the high-margin private-pay segment.

• CMS Compliance Burden Scorecard: Detail the regulatory compliance burden for skilled versus non-skilled agencies to provide quantitative evidence for investment theses.

• Operational Excellence through Technology & Efficiency: Research how technology investments offer quantifiable ROI by improving scheduling, maximizing billable hours, and demonstrating measurable clinical outcomes.

The Economic Modeling of Caregiver Wage Investment

• Goal: Create a dynamic financial model that calculates the true Internal Rate of Return (IRR) on capital invested in achieving the 75th percentile caregiver wage benchmark in a specific geographic area.

• Methodology: The model must compare increased wage expense to the financial upside derived from reducing the high cost of acquisition (from 77% churn), increasing billable capacity, and measuring the extended Client Lifetime Value that results from stable, consistent care.

Advanced Benchmarking for Search Fund M&A

• Profitability by Payer Source: Collect data on gross and net margin differences between Private Pay, LTC Insurance, Medicaid Waiver, and Medicare Advantage contracts.

• ROI of RPM/Technology: Gather precise data on how many agencies actively track hospital readmission rates using technology, validating the efficacy and cost savings potential.

• Marketing Channel CPA: Collect anonymized data on marketing spend and patient acquisition volume by channel to benchmark efficiency and guide strategic marketing reallocation.