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AlayaCare successfully implements Care Advantage, Inc. into its global technology platform for home and community-based care

Dec 03, 2024•about 1 year ago

Acquiring Company

AlayaCare

Acquired Company

Care Advantage

Montrealinformation technology & servicesMedicalHealth Care

Description

AlayaCare, a global technology platform for home and community-based care, has successfully implemented Care Advantage, Inc. into its system. The decision to partner with AlayaCare was made after an extensive selection process, reflecting Care Advantage’s commitment to innovation and excellence in home care. The move to AlayaCare underscores Care Advantage’s commitment to leveraging a scalable, user-friendly solution that can grow in tandem with the company, ensuring the best care and support for its clients and their families.

Company Information

Company

AlayaCare

Location

4200 Boulevard St-Laurent

Montreal, Quebec, Canada

About

AlayaCare offers an end-to end software platform for home and community care providers to manage the entire client lifecycle from referrals and intake to billing, payroll and beyond. Combining traditional in-home and virtual care solutions, AlayaCare enables care providers across the world to propel towards innovation and healthcare of the future. AlayaCare was founded in 2014 and is the parent company of Procura, Arrow, CIMS, and AcuteNet. www.alayacare.com

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed