Spectrum Health Care Named one of Canada’s Best Managed Companies for Second Consecutive Year

Image: Spectrum Health Care Named one of Canada’s Best Managed Companies for Second Consecutive Year

For the second consecutive year, Spectrum Health Care has been recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation.

The 2022 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth.

Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Spectrum is one of the most trusted providers of innovative home health care. For more than 40 years, Spectrum has led the delivery of new models of care to empower seniors to continue living rich and independent lives. Spectrum’s talented and diverse team of personal support workers, nurses and senior companions work tirelessly to care for individuals at home, where they are safer, happier, and achieve better health outcomes.

“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “We’re extremely proud to recognize their impressive achievements in such a rapidly changing business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies and doubling down on accelerated digitization.

“This award is a testament to our staff, who have worked tirelessly to demonstrate unwavering care and compassion over the last year, and a true commitment to our vision – a world where people, and especially our seniors, have the choice and confidence to be cared for at home,” said Sandra Ketchen, Spectrum Health Care’s President & CEO. “We are honoured to receive this prestigious designation for the second consecutive year and to celebrate the amazing and hugely impactful company our team has built over 40 plus years.”

To learn more about the awards and other winners, visit www.bestmanagedcompanies.ca

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 million. 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.