PE-Backed Appriss Acquires Skilled Nursing Software Firm PatientPing for a Reported $500M [UPDATED]

PatientPing, a software company that has garnered significant venture capital funding as it looks to ease care transitions between nursing homes and other settings, has sold to Appriss Health, the companies announced Tuesday. PE Hub initially reported the news Monday, citing “people familiar with the transaction”; the two firms formally confirmed that they had reached […]

PointClickCare to Buy Collective Medical in $650M Deal as COVID Exposes Flaws of Post-Acute Silos

A giant in the post-acute software and tech world is about to get much larger, driven by a push to break down the barriers between various settings in post-acute care. PointClickCare Technologies on Tuesday announced its pending acquisition of care coordination software firm Collective Medical, cementing a relationship between the two companies that began in […]

Consulate Tackles Care Transitions with New Skilled Nursing Data Partnership

Data has quickly become king in the increasingly challenging skilled nursing world, but the question of how different providers along the care continuum can use that data remains a sticking point. Upgrading a building’s electronic health record (EHR) distribution system from fax machines to cloud data solutions is the first step. The information, however, doesn’t […]

Marquis Cuts Readmission Rate By 60% with Patient-Tracking Software Pilot

In less than six months, a skilled nursing provider in the Pacific Northwest cut hospital readmissions by 60%, and its director of data analytics credits a novel pilot partnership with a growing software provider. Starting in May, the Milwaukie, Ore.-based Marquis Companies rolled out Collective Medical software at three facilities in Oregon; at the time, […]

Data-Driven Partnership Targets Hospital Admissions from Nursing Homes

A new partnership aims to give skilled nursing facilities a leg up in preventing readmissions by facilitating the transmission of patient data in as close to real time as possible. If successful, it could boost resident quality of life — and help SNFs win back some of the 2% of Medicare reimbursements that the Centers […]

Care Collaboration-Focused Tech Company Raises $47.5M

Care collaboration between providers on the continuum remains a top priority for skilled nursing facilities and other providers, especially as new payment models such as bundled payments require operators to work together. One Utah-based firm sees potential in capturing emergency-room data that follows a patient outside the hospital — and investors have given the idea a $47.5 […]