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Residex.AI acquires Kevala AI for workforce management

Aug 18, 20254 months ago

Acquiring Company

Residex.AI

Acquired Company

Kevala

Greenwood VillageSeattleConsultingInformation TechnologySoftware

Description

Residex.AI has announced the acquisition of Kevala, enhancing its position in senior care technology. The integration will optimize workforce management in clinical operations. This strategic move addresses the challenges faced by senior care facilities. Both companies aim to deliver exceptional care while controlling operational costs.

Company Information

Company

Residex.AI

Location

Greenwood Village, Colorado, United States

About

Residex.AI provides comprehensive AI enabled EHR and clinical eMAR platform designed specifically for senior living communities. The company's platform helps facilities manage clinical documentation, care planning, medication administration, and regulatory compliance through intelligent automation and real-time insights.

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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