The Home Healthcare industry is a large, addressable market that is ripe for change. We strongly believe AlayaCare has the right team and product to become a major player in the market.” Daniel Klass, CEO - Klass Capital
Toronto, Ontario (PRWEB) January 08, 2015
Today AlayaCare Inc., a Home Healthcare Software Suite, is announcing the rollout of a cloud-based platform which is set to revolutionize the home healthcare industry. The integrated end-to-end platform, which caters to homecare agencies and the needs of Nurses and Personal Support Workers, enables AlayaCare clients to enhance care to their patients. Toronto and Montreal-based AlayaCare has signed a number of Tier 1 home healthcare agencies within Canada and abroad.
“AlayaCare is unlike any other platform we’ve seen. Most systems start their lives as databases, and then the people working with them have to spend a lot of time developing workarounds in order to get the system to handle the needs of patients and staff. AlayaCare has turned that on its head,” said Oakville based Acclaim Health CEO Angela Brewer. “AlayaCare has designed a very innovative, flexible platform that incorporates the latest best practices in web-based usability. It will make it really easy for us to manage changing client appointments and staff schedules in real time, and allows us to harness technology to make sure our mobile workforce is as efficient and effective as possible. It’s truly a game-changer for us.”
AlayaCare is changing the game by rolling out a complete software suite for homecare agencies - including scheduling, time reporting, billing, clinical documentation, remote patient monitoring and mobile and web apps specifically for patients, family members and care workers to access data, educational content, their care reports and schedules. All of these modules and features are being delivered in a secure cloud environment by a team of seasoned enterprise software entrepreneurs who are passionate about home health care and the impact great technology and user experience will have on the market as we move towards the back half of this decade. The consumerization of medical devices and the surge of wearable technologies make this an unparalleled opportunity to revolutionize the paradigm for the delivery of healthcare in the home.
AlayaCare’s recent success comes concurrently with raising a $2.4 million financing round of funding led by Klass Capital and a handful of prominent angels investors affiliated with Maple Leaf Angels network who have served leadership positions in the technology, private equity and home healthcare industries in Canada and the United States.
“As an organization, we view this investment as an opportunity to dramatically amplify the results for our clients, ultimately leading to better health outcomes patients, the payers or health systems picking up the tab, and the front line care workers delivering the care,” said Adrian Schauer, CEO of AlayaCare. “We are highly motivated to help the home healthcare sector realize a technology-enabled transformation from provider of periodic visits to provider of outcome-based services that leverage remote patient monitoring. This round of financing brings us the funds to accelerate our growth, but it also delivers to our team an unparalleled group of industry and entrepreneurial advisors.”
Leading the Advisory board and taking a role in the investment round is John Schram, former President of the Canadian Home Care Association and CEO of We Care, one of Canada’s largest Home Care agencies.
"The home care sector has long needed an end-to-end software solution. With increasing pressure on home care agencies to reduce costs while continuing to provide excellent care, companies need one integrated solution to schedule and communicate with care givers linked into its payroll and billing system,” said Schram. “Communicating in real time with care givers and clients offers a seamless, secure and safe approach to increase performance and client satisfaction. With the capability to remotely monitor clients in their homes, companies can help clients remain safely in their homes in a very cost effective way. I believe AlayaCare management has the vision and execution ability to deliver this much needed solution."