PointClickCare acquires value-based care platform Affected person Development

Canadian well being tech corporate PointClickCare has obtained Affected person Development, a value-based care digital well being report and built-in care control platform. 

Affected person Development works with Medicare Benefit Particular Wishes Plans, PACE methods and ACO REACH contributors. 

The New York-based corporate provides Care Trainer, a workflow control program to assist organizations arrange fee-for-service and value-based care sufferers, and PDPM Trainer, which assists with value-based care reimbursements. 

PointClickCare specializes in elder care, together with the long-term and post-acute care marketplace, and the corporate says the blended choices will assist suppliers undertake risk-bearing preparations with no need to make use of a couple of platforms. 

“As our shoppers proceed to include value-based care and notice the good fortune of this style, we’re excited to deploy Affected person Development’s care control platform. Care fashions will proceed to adapt, and this strategic funding is every other instance of our dedication to serving to our shoppers thrive on this evolving marketplace, particularly, the chance to prevail with this shift to threat,” Travis Palmquist, senior vice chairman and basic supervisor of senior care at PointClickCare, mentioned in a commentary.

THE LARGER TREND

PointClickCare has obtained a number of firms to make bigger its senior-focused portfolio, together with QuickMar in 2019, a post-acute care control gadget. A 12 months later, it introduced its acquisition of Collective Clinical, a cross-continuum coordinated care platform.

In early 2022, the corporate introduced its plan to procure well being IT corporate Audacious Inquiry, which provides a number of services and products excited by care coordination. The deal closed one month later. 

In October, PointClickCare introduced Digital Well being, a telemedicine carrier for experienced nursing amenities that gives 24/7 get right of entry to to hospitalists. It additionally introduced a partnership with Icon, a communique and engagement platform for senior communities. 

A month later, the well being tech corporate mentioned it signed a take care of pharma large Pfizer to proportion its real-world knowledge on seniors, particularly the ones in long-term care amenities, which might assist affect Pfizer’s choices on new remedies. 

In the meantime, in March of final 12 months, Affected person Development garnered $2 million in seed investment, bringing its overall carry to $3.1 million, in step with Crunchbase. 

Aimee Cardwell will be offering extra element at her HIMSS23 consultation “The Defender’s Benefit: Successful via The use of the Top Flooring.” It’s scheduled for Tuesday, April 18, at 3-4 p.m. CT on the South Development, Degree 4, in room S406 B.