What you want to know:

– HHAeXchange, a supplier of house care administration options, at present introduced the acquisition of Sandata Applied sciences, a house care {industry} veteran with 4 a long time of expertise. Monetary particulars concerning the acquisition haven’t been disclosed.

– The strategic transfer strengthens HHAeXchange's place within the fast-growing house and group companies (HCBS) market, the place demand for private care instruments is anticipated to extend by 43% between 2020 and 2035.

Assembly the rising want for house care companies

This acquisition comes at a vital time for the healthcare {industry}, as demand for house care companies continues to rise. By combining their experience and assets, HHAeXchange and Sandata are properly outfitted to fulfill this rising want and supply revolutionary options for healthcare suppliers, households, suppliers and payers.

Constructing on a basis of strategic acquisitions

Sandata's industry-leading software program, programs and companies optimize billing and claims processing for payers, streamline administrative processes for healthcare suppliers, and facilitate higher experiences for healthcare suppliers and people receiving care. The acquisition of Sandata builds on HHAeXchange's latest strategic acquisitions of Cashé and Generations. These investments reveal HHAeXchange's continued dedication to advancing its mission to allow the supply of high-quality care within the house.

Develop capabilities and enhance worth

The mixed forces of HHAeXchange and Sandata will create a complete suite of options for the house care {industry}, together with:

• Improved care coordination: Bettering communication and collaboration between well being care suppliers, suppliers and payers.
• Elevated effectivity: Streamlining administrative duties and optimizing workflows.
• Improved compliance: Guarantee compliance with regulatory necessities and {industry} finest practices.
• Higher Affected person Outcomes: Enabling healthcare suppliers to ship the very best care at house.

Management and future progress

As a part of the acquisition, Paul Joiner, CEO of HHAeXchange, will lead the mixed group, leveraging his intensive expertise within the healthcare expertise sector to drive future progress and innovation.