MatrixCare Certified as NIC Actual Rates Software Partner

LTPAC leader recognized for data that improves customers' decision-making

February 21, 2019

BLOOMINGTON, MN – MatrixCare®, a leading out-of-hospital technology provider in the United States, today announced it is a certified Actual Rates Software Partner of the National Investment Center for Seniors Housing & Care (NIC). This certification supports NIC’s Actual Rates Data Initiative and applies to the MatrixCare solution for Senior Living.

The Actual Rates Initiative helps senior housing agencies make better investment decisions by updating industry benchmarks for suggested versus actual pricing rates, occupancy, move-in/move-out data, and more thorough gathering of top-quality data. MatrixCare provides this service to any organization using its software for Senior Living.

“MatrixCare’s participation as an Actual Rates Software Provider is instrumental in continuing to move our sector forward by making it essentially turnkey for their participating clients to contribute data,” said Brian Jurutka, president and CEO of NIC. “By creating a standardized means for their clients to submit actual versus asking rates, operators gain the ability to benchmark their own properties, while contributing to transparency in the sector—these ultimately help support informed investment decisions.”

“We’re pleased to participate in this program as a means to advance both our customers and the industry itself,” said John Damgaard, president & CEO of MatrixCare. “It helps our customers compare their own pricing to industry benchmarks and competitors’ discounting rates to quickly and strategically adjust pricing and shorten their sales cycle.”

About MatrixCare

MatrixCare enables out-of-hospital care organizations to successfully manage risk of populations under their care. Current and multiyear winner of the “Best in KLAS” award for Long-Term Care Software, MatrixCare is trusted by thousands of long-term, post-acute care (LTPAC) organizations across senior living, skilled nursing, life plan communities, accountable care organizations, home health, home care, and hospice, helping them connect and collaborate to keep America’s seniors healthy in the home or care setting of their choice. MatrixCare is a wholly owned subsidiary of ResMed (NYSE: RMD, ASX: RMD). To learn more, visit www.matrixcare.com and follow @MatrixCare on Twitter.

About the National Investment Center for Seniors Housing & Care

The National Investment Center for Seniors Housing & Care (NIC) is a 501(c)3 organization established in 1991 whose mission is to enable access and choice by providing data, analytics, and connections that bring together investors and providers in independent living, assisted living, memory care, skilled nursing and post-acute care. Through its industry leading annual conferences, NIC MAP® Data Service, research, analytics and sector outreach, NIC serves as an indispensable resource for the seniors housing and care sector. For more information, visit www.nic.org and follow NIC on Twitter.

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For media:

Mary Beth Mohn
952-995-9904
marybeth.mohn@matrixcare.com

For investors:

Amy Wakeham
858-836-5000
investorrelations@resmed.com