PointClickCare
5570 Explorer Drive, Mississauga, ON, L4W 0C4, Canada
Overview
PointClickCare provides a cloud-based core clinical and administrative system of record plus a comprehensive suite of workflow management tools for skilled nursing facilities, senior living communities, and home health agencies. The platform currently serves over 21,000 long-term and post-acute care providers, including approximately 65% of skilled nursing facilities in the United States. PointClickCare recently acquired Collective Medical, expanding its real-time, cross-continuum care coordination capabilities across acute, ambulatory, and post-acute settings. The company plans to accelerate growth and expand product offerings across the healthcare continuum with support from new and existing investors. Founders Mike and David Wessinger will continue to control and operate the company while working with an expanded board. PointClickCare is described as the North American healthcare IT market leader for the senior care industry. PointClickCare offers cloud-based software targeted to the long-term and post-acute care (LTPAC) market, covering care delivery management, financial management, and access to patient information. Its platform serves 15,000 LTPAC provider communities and agencies and manages over 1.2 million active resident records. In FY 2017 the company said it exceeded $200 million in revenue. Recent investor statements indicate the company plans to continue executing its strategic plan and capitalize on growth opportunities. The company welcomed Dragoneer’s board appointment, which signals a closer partnership with its investor. Leadership highlighted continued collaboration with Dragoneer as the company scales its operations and product reach. PointClickCare Technologies offers a cloud-based software platform for Skilled Nursing, Senior Living and Home Health Care providers, combining an interoperable, mobile-friendly electronic health record with revenue cycle management. Its suite of integrated applications is regulatory-compliant and designed to help providers connect across care networks, optimize financial performance, and simplify regulatory burden. The company serves more than 13,000 skilled nursing facilities, senior living communities and home health agencies. Led by founder and CEO Mike Wessinger and based in Mississauga, Ontario, PointClickCare supports customers and residents through tools intended to improve business results. The company says it will use new funding to further accelerate its focus on delivering innovative solutions to its customers and end markets. PointClickCare provides a cloud-based EHR platform for the long-term care sector, integrating clinical, billing and administrative processes. Its SaaS offering is designed to maximize reimbursements, enhance quality of care, improve operating efficiencies and increase staff productivity and satisfaction. The company serves more than 5,000 facilities across North America, from small sites to large multi-facility operators. Led by CEO Mike Wessinger, PointClickCare plans to continue expanding its products and services and pursue inorganic growth opportunities. The company received a minority investment from JMI Equity, which it intends to use to support product expansion and strategic growth initiatives. In conjunction with the investment, JMI Equity Founder Harry Gruner will join PointClickCare’s board of directors.
- Total raised
- $271M
- Funding rounds
- 4
- Latest round
- Equity
- Latest activity
- Mar 2018
Industries
- Elder Care
- Enterprise Software
- Health Care
- SaaS
- Software
- Web Browsers
Recent funding
Equity
Mar 2018
$186M
Equity
Feb 2017
$85M