LTPAC leader recognized for data that improves customers’ decision-making
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.”
MatrixCare enables long-term, post-acute care (LTPAC) organizations to provide better health outcomes for seniors while successfully managing risk in out-of-hospital care delivery. Multiyear winner of the Best in KLAS Award for Long-Term Care Software, MatrixCare is trusted by thousands of senior living, skilled nursing, and accountable care organizations; life plan communities; and private-duty, home health, and hospice agencies. MatrixCare’s active care management platform helps providers connect and collaborate to keep America’s seniors healthy and optimize outcomes for the populations under their care.
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.