Mississauga-grown PointClickCare is revolutionizing how senior care is delivered across North America through their cloud-based electronic health records software.<\/p>\n
Over 17 years, the Canadian software as a service company has quietly grown to nearly 1,400 employees in five offices across Canada and the United States.<\/p>\n
At the helm of the Mississauga-based company is Mike Wessinger. He dreamed up the idea for\u00a0an assisted living and home health platform over 15 years ago when working in Toronto. Today, PointClickCare is an industry leader in senior care technology.<\/p>\n
\u201cWe know that last year on a net basis that 99 per cent of all nursing homes that changed vendors changed to us,\u201d said Wessinger.<\/p>\n
Nearly two-thirds of long-term and post-acute care patients in the United States are managed by PointClickCare software. It\u2019s used by 14,000 skilled nursing and senior living providers to streamline how care is delivered to the aging\u2014and rapidly growing\u2014population.<\/p>\n
\u201cThere are people that do what we do, but it\u2019s hard to call them competition. There are probably 40 companies left that do it,\u201d said Wessinger. \u201cUnless you have a disruptive model, you just can\u2019t keep up with what my 500 engineers can do.\u201d<\/p>\n
PointClickCare pulls together the day-to-day operations of senior living into one platform, customized for skilled nursing and senior living businesses.<\/p>\n
Accessed through a tablet device, the core platform streamlines record keeping, communication, and both delivery and financial management.\u00a0PointClickCare can also help seniors remain independent and continue living at home by, for example, helping them track their medication.<\/p>\n
Wessigner shared that\u00a0while their platform was built to collect data and track patients, they’re always looking to expanding its capabilities.<\/p>\n
\u201cMore than half of our group is developing more applications for our customers,\u201d he said. \u201cWhether that\u2019s medication management or skin and wound care, once we have a basic footprint we can layer in more features.\u201d<\/p>\n
It\u2019s been long anticipated that PointClickCare will be one of Canada\u2019s next companies to go public.\u00a0Two years ago, the company filed for a $100 million IPO on the NASDAQ Stock Exchange and the Toronto Stock Exchange.<\/p>\n
But Wessinger explained that while President Donald Trump is talking about the Affordable Care Act, it\u2019s not the most encouraging time for a platform in the business of care to go public.<\/p>\n
\u201cWe\u2019re ready to get public\u2026 But I\u2019ve been to enough test-the-waters meetings with investors that if I were to hit the road [in the U.S.], in these 30-minute meetings, 28 minutes would be talking about Donald Trump and what-if scenarios instead of PointClickCare,\u201d he said.<\/p>\n
\u201cI want to go at a time where I can talk about PointClickCare.\u201d<\/p>\n
Wessigner has no qualms about staying private, especially since the company\u00a0hasn\u2019t had a tough timing raising capital. In February, the company secured $111 million from San Francisco’s Dragoneer.<\/p>\n
In the last year alone, they\u2019ve hired for 300 new positions. Wessinger explained that they\u2019re competing with Facebook, Shopify and Google to attract technology talent\u2014something that isn\u2019t always an easy pitch when based outside of Toronto.<\/p>\n
\u201cNo offence to Mississauga but until you\u2019re married and living the suburban life, you\u2019re going to want to live in Liberty Village,\u201d Wessinger commented.<\/p>\n
The company recently moved their HQ to a redesigned office just south of Toronto\u2019s international airport, complete with two golf simulators and a gym that would earn envy from any cross-fit fanatic.<\/p>\n
The fast-growing company earned recognition from Deloitte who named\u00a0PointClickCare one of its Technology Fast 50 for eight straight years.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mississauga-grown PointClickCare is revolutionizing how senior care is delivered across North America through their cloud-based electronic health records software. Over 17 years, the Canadian software as a service company has quietly grown to nearly 1,400 employees in five offices across Canada and the United States. At the helm of the Mississauga-based company is Mike Wessinger. […]<\/p>\n","protected":false},"author":76241,"featured_media":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[1452,1451,1453],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-92712","magazine","type-magazine","status-publish","hentry","category-News","tag-mississauga","tag-pointclickcare","tag-senior-care"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/92712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/76241"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/92712\/revisions"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=92712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=92712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=92712"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=92712"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=92712"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=92712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}