For the third consecutive year, Spectrum Health Care has been recognized for its industry-leading performance, innovative business practices, and sustained growth with the prestigious Canada’s Best Managed Companies designation.
Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture, commitment, capabilities, innovation, governance, and financial performance.
“This award reflects the dedication and commitment of our staff who work tirelessly to deliver care and compassion to our clients in support of our vision – a world where people, especially seniors, have the choice and confidence to be cared for at home,” said Sandra Ketchen, Spectrum Health Care’s President and Chief Executive Officer. “We are honoured to receive this prestigious award for the third consecutive year and to celebrate the positive impact our company has had in the many communities we serve.”
Spectrum is proud to be one of the most trusted providers of home health care, senior care and specialized medical services. With innovative models of care, a holistic approach to supporting our aging population and a focus on people – those who want to be cared for at home and the talented and compassionate staff who make that possible – Spectrum is a leader in the home health care industry.
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
The 2023 cohort of Best Managed companies shares common themes such as having a people-centric culture, targeting effective ESG (Environmental, Social and Governance) strategies, and accelerating operational digitization.
“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Lorrie King, partner at Deloitte Private and co-leader for Canada’s Best Managed Companies program. “We’re extremely proud to recognize the impressive achievements of companies such as Spectrum Health Care in this particularly rapidly evolving business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.