View the press release on BENZINGA
Tampa, FL & Austin, TX, Sept. 21, 2021 (Globe Newswire) – Vector Solutions, the leading provider of industry-focused software solutions for training, workforce management, and risk communications, has acquired CareSafely, a software and content platform purpose-built to enable senior living and long-term care providers to strengthen their Quality, Safety, and Compliance (QSC) programs. The addition of CareSafely to Vector Solutions supports Vector’s mission to serve everyday heroes by delivering intelligent software solutions that empower them to make safer, smarter, and better decisions, and also introduces a new fast-growing vertical for Vector as the senior care industry employs more than three million frontlines workers in life-critical settings where safety and compliance challenges are faced every day.
Headquartered in Austin, Texas, CareSafely serves customers in senior living, skilled nursing, home health, and hospice settings. The CareSafely platform automates compliance workflows, and includes expert-developed, ready-to-use risk assessments, digital action plans, and competency checks, providing operators with 100% of the intelligence they need to analyze and take action on identified risk areas.
“Our nation’s three million frontline senior care workers face safety and compliance challenges every day in life-critical settings, particularly now during the COVID-19 pandemic,” said Vector Solutions CEO Marc Scheipe. “With the acquisition of CareSafely, Vector is proud to support these everyday heroes with easy and quick access to additional solutions, resources, and knowledge to help them close their quality and safety gaps, improve overall staff performance, and build trust with patients, residents, and families, as they continue providing critical care for our seniors and most vulnerable communities.”
“Quality, Safety, and Compliance management is more critical than ever for senior care,” said CareSafely Founder and former CEO Raj Shah, who is now the Chief Product Officer at Vector Solutions. “Combining forces with the powerful Vector Solutions platform will enable us to leverage Vector’s world-class content and technology to improve employee safety and training, so that caregivers can deliver quality care safely.”
CareSafely will become part of Vector Solutions and its compliance platform will be offered under Vector’s product portfolio. Clients of both Vector and CareSafely can expect to receive the same level of outstanding products and customer service they are accustomed to.