US private equity giant Accel-KKR has sealed its second big play in Australia’s aged care software market, acquiring quality improvement platform MOA in a deal that could reshape the technology landscape.
The move follows Accel-KKR’s June acquisition of Health Metrics, best known for its enterprise-grade eCase platform. Together, the two businesses now control a significant slice of aged care’s digital backbone – MOA holds quality data for nearly half of all residential aged care homes, while Health Metrics manages around a third of clinical data.
“It’s what the industry has been waiting for,” MOA CEO Garry Neale told The Weekly SOURCE. “By combining the best-of-breed in quality systems with best-of-breed in clinical, we take away the pain point for providers who’ve been stuck managing interoperability, compliance reporting and analytics on their own.”
Health Metrics CEO Paul Brindle called it a “360° view of resident outcomes,” with the acquisition paving the way for better insights, compliance and decision-making. Importantly, MOA will remain open to integration with other clinical systems.
Accel-KKR, which manages US$23 billion in capital, has outlined an ambition to build a full technology ecosystem spanning residential aged care, retirement living, home care and disability services in Australia. For providers bracing for the new strengthened Aged Care Quality Standards on 1 November, the timing is deliberate.
“The advantage of bringing these two companies together is that providers have access to a single, integrated solution,” Paul summed up. “That’s the journey we’re on.”
