LivTech, a leading provider of comprehensive healthcare tech solutions specifically designed for long-term post-acute care, announced the acquisition of Alora Healthcare Systems (Alora), a premier developer of cloud-based, AI-enhanced home health care software. This strategic acquisition unites LivTech’s expansive operational ecosystem with Alora’s specialized clinical and compliance expertise, creating a unified powerhouse designed to address the critical challenges of the home healthcare market. This acquisition and expansion into home health positions LivTech as a category leader within the in-home space and a provider of solutions across the entire long-term post-acute space.
The demand for home-based care continues to surge-with the global market projected to exceed $300 billion. This expected growing demand, along with unprecedented pressure from staffing shortages, evolving regulatory mandates, and the shift toward value-based reimbursement, has helped introduce extraordinary opportunities for home healthcare organizations.
“The acquisition of Alora represents a pivotal moment in our mission to empower healthcare providers through smarter technology,” said Mike Scarbrough, CEO of LivTech. “Alora has built a reputation for innovation and user-centric design. By bringing their AI capabilities and deep home health expertise into LivTech’s suite of solutions, we are giving our customers the tools they need to reduce administrative burnout and focus on what truly matters: delivering exceptional patient care.”
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By integrating Alora’s industry-leading EMR and AI-powered automation into the LivTech portfolio, the combined company will provide agencies with a more robust end-to-end platform that streamlines everything from intake and scheduling to clinical documentation and complex billing.
LivTech is backed by PSG, a leading growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.
“PSG is committed to supporting LivTech’s journey to becoming a category leader in the care-at-home technology sector. The acquisition of Alora Healthcare Systems is a testament to that commitment, combining two innovative organizations to create a more comprehensive solution for the post-acute care market. We believe this partnership will significantly accelerate LivTech’s ability to scale and deliver exceptional value to its customers,” said Marco Ferrari, Managing Director, Co-Head of North America, PSG.
A shared commitment to better care at home
As demand for home-based care accelerates and regulatory complexity continues to evolve, technology plays a critical role in ensuring agencies can operate efficiently and compliantly while delivering high-quality care. Together, LivTech and Alora are well-positioned to empower today’s providers to operate more effectively, efficiently and with greater confidence through intuitive, compliant, and scalable technology.
”Joining forces with LivTech allows Alora to scale our vision of making care at home simpler and more human,” said Sathish John, CEO of Alora Healthcare Systems. “Our customers will benefit from LivTech’s vast operational resources and a broader suite of solutions, including advanced analytics, CRM, and DME management, all while maintaining the intuitive experience they’ve come to expect from Alora.”
SOURCE: GlobeNewswire
