Mississauga-based PointClickCare, which provides cloud-based software for long-term post-acute care (LTPAC) and senior care, has acquired QuickMAR.
QuickMAR, based out of Idaho, is a medical management tool for the long-term and post-acute care market aiming to reduce medication errors and paperwork inefficiencies.
“The acquisition…expands and strengthens our health and wellness portfolio.”
PointClickCare said the acquisition will allow both companies to offer senior living customers and pharmacy partners the opportunity to scale their resident care strategies, as well as enhance their integrated medical management solutions.
“PointClickCare is unwavering in our commitment to positively impact resident outcomes, which is why our focus is to offer a flexible technology foundation that responds to and grows with our customers’ needs,” said Mike Wessinger, chief executive officer at PointClickCare. “The acquisition of QuickMAR expands and strengthens our health and wellness portfolio, provides our customers with more flexibility and choice in medication management solutions, and enables us to service a more diverse set of senior living communities.”
PointClickCare said QuickMAR will continue to operate and manage its medical management platform separately. The company’s leadership and staff will remain the same.
“We are confident that our partnership with PointClickCare will further strengthen our ability to assist senior living and LTPAC providers, and their pharmacy partners, in providing high-quality care to their residents,” said Reed DeMordaunt, CEO and co-founder of QuickMAR.
PointClickCare’s cloud-based software is targeted to the long-term and post-acute care market, covering care delivery management, financial management, and access to important patient information. The company, which currently has over 16,000 senior living communities and agencies on its platform, received a $186 million investment from San Francisco-based Dragoneer Investment Ground in March 2018. Dragoneer also invested $111 million in the company in February 2017.
“By joining forces with QuickMAR, also a trusted industry partner, we are offering an unprecedented level of choice, flexibility, and expertise in the market,” said Andy Brigant, vice president, pharmacy practice group, at PointClickCare. “Whether providers and pharmacies choose PointClickCare’s fully integrated medication management solution or the QuickMAR CareSuite solution, they will be set on a path to expand into and benefit from the full power of the PointClickCare platform.”