KNOXVILLE, Tennessee—LivTech, a provider of health care tech solutions specifically designed for long-term post-acute care, announced the acquisition of Alora Healthcare Systems, a developer of cloud-based, AI-enhanced home health care software.
"The acquisition of Alora represents a pivotal moment in our mission to empower health care 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."
By integrating Alora’s industry-leading electronic medical record and AI-powered automation into the LivTech portfolio, the combined company will provide agencies with an end-to-end platform that streamlines everything from intake and scheduling to clinical documentation and complex billing.
LivTech is backed by PSG, a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate growth, capitalize on 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," said Marco Ferrari, managing director and co-head of PSG North America. "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."