HHAeXchange Acquires Generations Homecare System, Enhancing its Software Platform for Homecare Stakeholders
2024年7月8日 - 10:00PM
HHAeXchange, a leader in homecare management solutions for
providers, managed care organizations (MCOs), state Medicaid
agencies, and fiscal intermediaries, today announced its
acquisition of Generations Homecare System. Generations provides an
all-in-one homecare agency management software solution that gives
providers the ability to connect care teams, simplify daily tasks,
and maintain compliance. This acquisition brings together two
companies sharing a common vision and values, aimed at driving
innovation and excellence in homecare.
The homecare industry is poised for tremendous additional
growth, with demand for personal care aides expected to rise by 43%
between 2020 and 2035. Industry stakeholders need a software
platform that can rapidly evolve to meet the requirements and
growing needs of providers, caregivers, and payers – particularly
when it comes to compliance and usability.
“As HHAeXchange remains focused on building a better product
that supports our dynamic industry, we’re thrilled to combine
forces with the Generations team, which is known for its homecare
technology expertise,” said Paul Joiner, HHAeXchange’s Chief
Executive Officer. “This deeper talent bench, along with an
expanded geographic footprint, will move us closer to fulfilling
our mission of enabling caregivers, families, providers, and payers
to deliver the best care in the home.”
Building on HHAeXchange’s recent acquisition of Cashé Software,
a leading Minnesota-based solution for homecare operations and
billing, the Generations acquisition will enable HHAeXchange to
further expand its footprint into new states and add talent with
deep expertise in homecare technology – ultimately driving more
value for clients, partners, and others across the industry.
“At HHAeXchange, we’re dedicated to revolutionizing homecare by
empowering providers with the best tools and solutions. Our recent
acquisitions of Cashé Software and Generations Homecare System
represent a significant milestone in this journey, underscoring our
commitment to enhancing the care experience for caregivers and
members nationwide. With this newly fortified combination of
expertise and values, we’re strategically positioned to drive
meaningful change in the industry and make a lasting impact on the
lives we serve,” Joiner added.
Generations has been dedicated to creating a quality homecare
software service for the growing homecare industry since it was
founded in 2002. Committed to the promise of providing exceptional
technology, Generations is used by over 700 customers in 48 states
across the U.S.
Lisa Ferden, Generations Co-Founder and COO, and Lance Ferden,
Generations Co-Founder and CTO, will work in advisory roles over
the coming months to ensure a smooth transition.
“Generations was built on the foundation of providing
exceptional technology, always keeping usability and intuitiveness
at the forefront of our homecare software service,” said Lisa
Ferden, COO and co-founder of Generations Homecare System. “But
what has always set us apart is our commitment to providing an
unparalleled customer experience. From our onboarding process to
our help system and our customer success team we care deeply about
doing our best with every customer interaction. We are thrilled to
combine this passion with HHAeXchange’s strengths and push the
homecare industry forward.”
For more information about HHAeXchange, its solutions, or the
Generations Homecare System acquisition, visit
www.hhaexchange.com.
About HHAeXchange
Founded in 2008, HHAeXchange is a leading technology
platform for homecare and self-direction program management.
Developed specifically for Medicaid Home and Community-Based
Services (HCBS), HHAeXchange connects state agencies, managed care
organizations, providers, and caregivers through its intuitive
web-based platform, enabling unparalleled communication,
transparency, efficiency, and compliance. For more information,
visit hhaexchange.com or follow the company on X, LinkedIn and
Facebook.
About Generations Homecare System
Generations Homecare System helps agencies deliver quality
in-home care through a suite of secure tools built to streamline
daily operations such as scheduling, billing, payroll and more. A
comprehensive management solution for the private duty and Medicaid
sectors of the homecare industry, Generations is an innovative,
secure, easy-to-use system that ensures providers maintain
compliance, grow their business and deliver the highest quality
care.
Michelle Rand
Alloy on behalf of HHAeXchange
855-300-8209
michelle.rand@alloycrew.com