Oct 08, 2019
Overland Park based, WellSky Corporation, a leading health and community care technology company, and ClearCare, Inc. a leading provider of a software-as-a-service platform used by personal care agencies, announced that WellSky has signed an agreement to acquire ClearCare. With the addition of ClearCare, WellSky solidifies its position in the personal care market, adding to the company’s already robust set of solutions and services for post-acute and community care. The transaction will close subject to customary closing conditions, including regulatory approvals.
Personal care (also commonly referred to as “home care” or “private duty”) agencies support people who need in-home caregivers to complete activities of daily living — which include cooking, bathing, housekeeping, and transportation to appointments. In today’s value-based care environment, it is widely recognized that personal care can improve the management of chronic conditions and reduce costly hospitalizations.
“ClearCare adds an important new dimension to WellSky’s comprehensive offerings, and this acquisition strengthens WellSky’s ability to better connect care across the continuum,” said Bill Miller, CEO of WellSky. “ClearCare is an innovative market leader in personal care, and we look forward to building upon that legacy of success. With our shared vision of using interoperable technology to manage individuals across the care continuum, together, we can improve outcomes and close gaps in post-acute and community care.”
To help personal care agencies prioritize their caregiving services, ClearCare’s SaaS platform delivers functionality to optimize billing, staff management, care delivery, and referral management processes. This technology powers the largest network of in-home care providers, including eight of the 10 largest agencies. More than 600,000 caregivers across 4,000 personal care agencies in the U.S. and Canada leverage ClearCare’s platform to care for 500,000 seniors every year. In addition to its established personal care platform, ClearCare’s new EHR-agnostic care coordination platform enables home health and hospice providers, like Amedisys, to partner with personal care agencies in closing the gaps in care.
“WellSky, ClearCare, and Amedisys share a common goal of improving the health and quality of life for our nation’s vulnerable populations,” said Amedisys CEO and President Paul Kusserow. “It’s clear that we all view better patient care as our ultimate priority, and we look forward to building our relationship further.”
Through this acquisition, ClearCare gains access to expanded resources — including investments in technology, analytics, and professional services. WellSky will continue to invest in the ClearCare core software platform, and in the future, clients can expect expanded functionality, service enhancements, and connections to other venues of care. The acquisition also allows WellSky to offer its existing clients additional software and services to support growth and help scale as demand for in-home care increases.
“WellSky understands ClearCare’s mission to help personal care agencies operate efficiently and scale as payment models evolve and patient volumes shift to lower acuity settings of care,” said Geoff Nudd, founder and CEO of ClearCare. “Their proven track record of success in post-acute care reflects our shared commitment to delivering excellent care to people in need, and we’re excited to combine our expertise and solutions to support our clients in even more ways.”