USA-based a leading healthcare workforce solutions provider, SnapCare acquired Medecipher, Inc., a cloud-based predictive analytics staffing decision support tool, to further deliver facility control, low cost, and transparent solutions across the continuum of care. The company announced the acquisition on April 3, 2024. However, it did not disclose the amount of the transaction.
Purpose of the acquisition by SnapCare
The acquisition is a component of SnapCare’s growth strategy, which aims to give institutions access to the entire range of staffing and technical solutions required to provide patients with the best care possible. It announced a major boost in its technological investments and rebranded itself from SnapNurse in the fall of 2023 with the goal of becoming a top-tier workforce marketplace that supports the entire continuum of care and provides healthcare facilities with total visibility into the correct mix of people.
What the SnapCare CEO has to add
SnapCare CEO Jeff Grant said, “Medecipher’s solution is a perfect fit with SnapCare’s new, expanded platform. Combined, our suite of solutions uniquely aligns with facility priorities, optimizing for internal staffing and float pool first, with full visibility into our marketplace when needed to quickly fill any remaining open positions. With SnapCare workforce solutions, healthcare organizations will realize greater operating savings, reducing waste and inefficiency.”
He further added, “Like SnapCare, Medecipher has put AI and other advanced technology to work on solving the complex challenges of workforce management. We are eager to apply these solutions on behalf of clients.”
What the Medecipher official has to add
Medecipher co-founder and CEO Stephanie Gravenor said, “Solving healthcare staffing issues requires a comprehensive approach to finding and managing internal and external resources, and our combined companies will uniquely allow healthcare organizations to do just that.”
About Medecipher
Medecipher, a Denver-based company, has earned numerous awards for impact and innovation since its founding in 2017. They were recently granted funding by the state of Colorado to train administrators of healthcare operations to use its technologies to optimize staff scheduling. As Medecipher, a SnapCare Company, they will conduct business.
Medecipher is a decision support tool that is supported by research that automates and enhances the labour-intensive manual staff scheduling procedure. In order to attain the right staffing levels, their predictive staffing command centre intelligently prescribes the best shift plans based on workload and patient census forecasts. They optimize staffing levels in terms of treatment quality and cost by matching the skill sets of physicians with patients’ demands.
About SnapCare
SnapCare is a workforce marketplace powered by AI that offers services across the whole spectrum of healthcare. With the help of our platform, healthcare facilities may see exactly which talent mix best suits their requirements and related expenses. We designed our workforce solutions to significantly improve client savings and efficiencies, minimizing the need for intermediate agencies, returning control to healthcare facilities, and ensuring total transparency in pay and pricing. Our cutting-edge technologies and all-inclusive staffing services provide facilities with an intelligent approach to managing their workforce requirements and providing high-quality patient care.
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