LONG-TERM CARE SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Developments

o    In May 2024, MatrixCare (ResMed Inc.), a global leader in post-acute healthcare technology, partnered with NHS Management, LLC, a provider of administrative and consulting services for skilled nursing and rehabilitative facilities in the Southeast U.S. This partnership aims to enhance out-of-hospital healthcare solutions through MatrixCare’s innovative technology.
o    In March 2024, MatrixCare (ResMed Inc.) announced the integration of HEALTHCARE first’s revenue cycle management, coding, and clinical documentation review services into its software suite, further strengthening its post-acute care offerings
o    On January 2024, Aline, a senior living software provider, acquired VITALS SOFTWARE, a leading provider of senior living software, expanding enterprise-scale solutions for VITALS’ customers while continuing support for their existing platform
o    In March 2023, Sapiens International Corporation, a global software company specializing in digital solutions for insurance and financial services, collaborated with EquiTrust, a North American life and health insurance provider, to launch a digital customer acquisition solution for the Bridge Annuity/Long-Term Care hybrid product 
o    In February 2022, Creative Solutions in Healthcare (CSNHC), a U.S based operator of skilled nursing facilities, introduced the Connected Care Center platform, increasing transparency across its 92 facilities.