“Can the dominant post-acute-care EHR extend from clinical documentation into billing, RCM, resident payments, and AI-assisted operations across the full long-term care continuum?”
MatrixCare is a long-tenured (founded 1982) vertical SaaS EHR platform for post-acute and long-term care (skilled nursing, senior living, home health, hospice). Acquired by ResMed in 2018 for $750M as part of ResMed's push to build an out-of-hospital SaaS portfolio alongside Brightree and HEALTHCAREfirst. Embedded finance is a secondary layer: resident payment portal (ACH), POS for community/dining charges, and RCM services — not a fintech-forward posture.
MatrixCare processes payments through Rectangle Health, MatrixCare Payment Portal (self-operated) and MatrixCare POS (self-operated). Disclosed money-movement rails: ACH.
MatrixCare integrates with Stampli and Vena Solutions.
The Embedded Finance Index 2026 maps 4 layers in MatrixCare's stack: Payments / PSP (Rectangle Health, MatrixCare Payment Portal (self-operated) and MatrixCare POS (self-operated)); Money movement (ACH); Accounting (Stampli and Vena Solutions); Spend / AP (Stampli).
MatrixCare is founded in 1982 and headquartered in Bloomington, Minnesota, United States.
MatrixCare has raised Acquired by ResMed for $750M (2018) in total (latest round: Acquisition by ResMed, 2018; valuation: $750M (acquisition price)).
Get a read on where your own stack stands against MatrixCare and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.