MatrixCare, a supplier of lasting care program and technology has acquired Sigma Care, a New York City-based EHR vendor for the long-term, post-acute treatment market. The elderly treatment market EHR provider presently serves over 12,000 facility-based treatment environments and also over 2,000 house treatment firm offices throughout the United States.
MatrixCare's innovation-driven approach as well as CareCommunity treatment sychronisation and population health and wellness management system seamlessly includes care-setting specific information from MatrixCare and also non-MatrixCare resources, including over 500 telehealth devices, in to one e-longitudinal private wellness record for taking care of the health and wellness as well as health people senior citizens.
As component of the purchase, SigmaCare clients are going to instantly manage to benefit from MatrixCare's complete solution established including CareCommunity, Earnings Cycle Administration, and MatrixCare Analytics to help their institutions supply remarkable care, make best use of reimbursements, decrease readmissions, sustain high occupancy, promote interoperability across the range of treatment, as well as assistance executive choice making. MatrixCare maintains that the acquisition will definitely cause marginal disturbance to existing SigmaCare consumers and will preserve and also assist crucial existing SigmaCare items for a time period of five years.
" Our team are actually really excited about this propose a number of reasons," pointed out John Damgaard, President & Chief Executive Officer of MatrixCare in a statement. "Strategic acquisitions are a key part of our development technique. Our powerful economic setting and also well-founded operating functionality allow us to proactively choose successful products as well as customer manners that are actually symbiotic or complementary to our offerings as well as impact within LTPAC," he added. "Serving facility-based operators as well as property health and wellness, house care, as well as hospice operators countrywide, SigmaCare is actually the dominant gamer in the Greater New york city location, which is actually a calculated concentration for our team. Their deep understanding of issues having an effect on nearby operators, including DSRIP and also a number of local HIEs, will definitely additionally reinforce our spectrum-wide services for managing the wellness and health of US seniors and also will help our company far better help Nyc location companies as our experts get through the switch to a fee-for-value medical care system together. Our experts are actually confident this accomplishment is going to help consumers of both companies, as our experts take advantage of one another's strengths to produce a lot more durable item offerings."