Frazier Healthcare Partners Acquires MatrixCare in Post-Acute EHR Carve-Out
Frazier Healthcare Partners has agreed to acquire MatrixCare, the post-acute EHR platform serving hospice, home health, skilled nursing and senior living providers, from Resmed — a carve-out reported at roughly $490 million and expected to close by the first quarter of Resmed’s fiscal 2027, pending regulatory approval. The deal includes the Healthcare First and Citus software brands along with MatrixCare’s home health and hospice solutions. Frazier, a Seattle-based healthcare-focused private equity firm, has made roughly 180 acquisitions since 1991, with a portfolio that includes Abode Healthcare and Vatica Health. For Resmed, the divestiture sharpens focus on its core business; for post-acute operators, it puts a dedicated PE owner behind one of the sector’s dominant EHR platforms.
When private equity takes over a category-leading EHR, post-acute operators should expect changes in product roadmap, pricing and M&A-driven integrations. Platform owners and buyers in home health, hospice and skilled nursing should watch how a dedicated sponsor repositions the platform — and what add-on deals follow.
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Who is buying MatrixCare from Resmed, and for how much?
Frazier Healthcare Partners, a Seattle-based healthcare private equity firm, entered a definitive agreement to acquire MatrixCare from Resmed in July 2026. Trade coverage put the transaction at approximately $490 million, and it is expected to close by the first quarter of Resmed’s fiscal year 2027, pending regulatory approval.
What does the MatrixCare deal include?
The transaction covers the MatrixCare EHR platform plus software sold under its Healthcare First and Citus brands, along with its home health and hospice solutions. The software serves hospice, home health, skilled nursing and senior living providers across home-based and facility-based care settings.
Why is a private equity buyer significant for post-acute EHR users?
Frazier has completed roughly 180 acquisitions since 1991 and focuses on healthcare assets, which signals an ownership era oriented toward growth investment and possible add-on deals. Post-acute operators running MatrixCare should anticipate roadmap, integration and pricing decisions being made by a sponsor incentivized to expand the platform’s market position.