FOR IMMEDIATE RELEASE›
August 2024 – CareWork Inc. a premier SaaS provider in the senior living and long-term care sector that improves operational efficiency through standardized analytics, achieved significant revenue growth over 500% in the first seven months of 2024. This growth is attributable to both the signing of new clients as well as expansion among its existing client base.
Bill Flanagan, CEO of CareWork, stated, “We are thrilled to report a substantial increase in revenue, a strong testament to the value CareWork is providing within the senior living and long-term care space. This achievement also demonstrates our team’s dedication and commitment to delivering outstanding customer service. Our focus on innovative care management solutions has positioned us as a leader in the industry, and we are excited about the future prospects for CareWork.”
Key Highlights of the YTD Revenue Report:
• Revenue Growth: CareWork Inc. has achieved over a 500% increase in revenue compared to the same period last year, driven by robust demand for its care management solutions.
• Client Acquisition: The Company has successfully onboarded many new clients, expanding its market presence and reinforcing its reputation for excellence.
• Innovation and Development: Continued investment in research and development has led to the introduction of new features and enhancements to CareWork’s platform, meeting the evolving needs of the senior living and long-term care markets.
• Operational Efficiency: Strategic initiatives to streamline operations have improved efficiency, creating an easier to use product with a significantly faster implementation process.
Flanagan added, “Going forward, we remain committed to driving innovation and delivering outstanding results for all our stakeholders.”
CareWork Inc. is poised for continued growth and success, with plans to further expand its product offerings and market reach. The Company remains focused on its mission to transform care management through innovative solutions and exceptional service.
About CareWork Inc.
CareWork Inc. specializes in advanced analytics and workflow automation solutions for senior living and long-term care. Our mission is to boost operational efficiency, elevate resident experience, improve patient outcomes and empower operators to excel in their business objectives. Our cutting-edge platform seamlessly integrates care operations, offering transformative insights and efficiencies that redefine the senior living and long-term care experience. Please visit www.mycarework.com for more information or call:
Maria Angelos
CareWork Media Contact
847-293-9146
