Prime Highlights
- Frazier Healthcare Partners signs definitive agreement to acquire MatrixCare from Resmed.
- MatrixCare serves more than 15,000 providers across skilled nursing, senior living and home health.
Key Facts
- The deal covers MatrixCare, Healthcare First, Citus, and its home health and hospice solutions.
- The transaction is expected to close in the third quarter of 2026, pending closing conditions.
Background-
A private equity firm focused entirely on healthcare, Frazier Healthcare Partners, has signed a definitive agreement to buy MatrixCare from Resmed, a deal set to reshape the post-acute care technology space.
MatrixCare provides cloud-based electronic health record software built specifically for out-of-hospital care settings, including skilled nursing, senior living, home health, hospice, and life plan communities.
The company has won the Best in KLAS award for several years running and serves thousands of facility-based and home-based care organizations, helping them work more efficiently and improve quality of life for the people they support.
The deal includes MatrixCare along with its related software offerings sold under the MatrixCare brand, including Healthcare First, Citus, and its home health and hospice solutions.
Ryan Lucero, General Partner at Frazier Healthcare Partners, said Frazier spent several years studying the post-acute care technology sector and views MatrixCare as a leading platform serving skilled nursing, senior living, and home health and hospice providers.
Clarissa Berman, Principal at Frazier Healthcare Partners, said the firm plans to invest heavily in product innovation to help providers achieve better outcomes as the post-acute care landscape continues to change.
Mick Farrell, Chairman and CEO of Resmed, said the divestiture supports Resmed’s 2030 strategy and its focused approach to portfolio management, adding that Frazier Healthcare will serve as a strong steward for the MatrixCare team and its solutions.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2026.
