HIT Consultant July 8, 2024
Fred Pennic

What You Should Know:

HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.

– Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange’s position as a frontrunner in the homecare technology space.

A Growing Market Demands Innovation

The homecare industry is experiencing significant growth, driven by an aging population and increasing demand for personal care services. By 2035, the need for personal care aides is projected to surge by 43%. This necessitates robust software solutions that can adapt to the evolving needs of providers, caregivers, and payers, especially regarding compliance and user-friendliness.

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Topics: Health IT, Mergers & Acquisitions / JV, Technology, Trends
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