WellSky Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

WellSky Strengths, Domain Expertise, and Key Differentiators

WellSky is a global health and social care technology company providing advanced software, analytics, and services to support value-based care delivery. Its integrated solutions empower providers, payers, health systems, and community organizations to address complex clinical and operational challenges, enhance care coordination, and drive improved outcomes across the continuum of care. By leveraging predictive insights and data-driven tools, WellSky enables a more connected, efficient, and sustainable healthcare ecosystem.

WellSky Recent Developments

In January 2025, WellSky launched WellSky Extract, an AI-powered tool designed to streamline medication reconciliation in home health by automatically extracting data from referral documents, handwritten lists, and medication label images to populate electronic health records (EHRs). Integrated into the OASIS workflow, the tool reduces manual data entry time by up to 60%, enhancing clinician efficiency and improving data accuracy. Built on Google’s Vertex AI and Gemini models, WellSky Extract is part of the company’s broader SkySense AI suite aimed at mitigating clinician burnout and boosting operational performance across home health settings.

In October 2023, WellSky introduced WellSky Enterprise Referral Manager, a new software solution designed to revolutionize referral, intake, and customer relationship management (CRM) processes for home health, hospice, and other home-based care agencies. This solution consolidates referral-related activities among staff members, enabling agencies to streamline workflows, enhance referral relationships, and expedite patient care initiation. WellSky Enterprise Referral Manager connects agencies digitally to multiple electronic health record (EHR) systems and referral networks, expanding their referral sources. Intake coordinators can efficiently manage referrals from various sources within a single inbox, simplifying the intake process. Additionally, patient data from referrals automatically updates patient records within the WellSky EHR, facilitating intake processes and ensuring data consistency across the enterprise.

WellSky Mergers and Acquisitions (M&A) Activities

In October 2024, WellSky acquired Bonafide, a leading enterprise software provider for durable and home medical equipment (DME/HME) companies, to expand its presence in the rapidly growing home-based care market. Bonafide’s fully integrated platform supports key operational functions—including billing, revenue cycle management, inventory, and mobile delivery—for over 200 clients. This acquisition strengthens WellSky’s end-to-end home care offerings, enhances interoperability, and enables DME/HME providers to scale operations, improve compliance, and meet rising demand for patient-centered care.

In October 2023, WellSky acquired Corridor, a tech-enabled services platform focused on the post-acute care sector, from HealthEdge Investment Partners. This acquisition expands WellSky’s capabilities in medical coding and revenue cycle management (RCM), enhancing its ability to support providers in navigating complex regulatory requirements and optimizing clinical, financial, and operational performance. Corridor’s offerings—spanning coding, clinical documentation review, billing, and collections—strengthen WellSky’s position as a comprehensive solutions provider within the post-acute and long-term care markets.

In August 2023, WellSky acquired Experience Care, a leading provider of electronic health record (EHR) solutions for post-acute and long-term care (LTC) providers, in a strategic move to strengthen its footprint in the LTC technology market. Experience Care’s flagship platform, NetSolutions, serves 150 clients across 850 facilities, and its integration into WellSky’s portfolio is expected to enhance operational efficiency, financial performance, and data-driven care delivery. The acquisition reinforces WellSky’s position as a key technology partner in the post-acute and long-term care ecosystem.

WellSky Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying WellSky applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of WellSky and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified WellSky Transfusion, WellSky Personal Care, WellSky Home Health, CareTend, powered by WellSky,WellSky Rehabilitation, WellSky Human Services, WellSky Hospice & Palliative, WellSky Specialty Care for Behavioral Health, WellSky Biotherapies Lab (formerly Transtem), WellSky Blood Centers (formerly LifeTrak), WellSky CarePort Referral Management, Wellsky Consolo Hospice, WellSky Quality & Compliance (formerly KnowledgeTrak) customers.

WellSky Key Enterprise and Cloud Applications

WellSky Transfusion, WellSky Personal Care, WellSky Home Health, CareTend, powered by WellSky,WellSky Rehabilitation, WellSky Human Services, WellSky Hospice & Palliative, WellSky Specialty Care for Behavioral Health, WellSky Biotherapies Lab (formerly Transtem), WellSky Blood Centers (formerly LifeTrak), WellSky CarePort Referral Management, Wellsky Consolo Hospice, WellSky Quality & Compliance (formerly KnowledgeTrak)

WellSky Revenues, $M:

WellSky Revenue Breakdown By Type, $M:

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WellSky Revenues By Region, $M

WellSky Direct vs Indirect sales

WellSky Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified WellSky Customers

No. of WellSky Customers: 20000

No. of WellSky Enterprise Applications Customers: 20000

No. of WellSky Cloud Customers: x

No. of WellSky Cloud Subscribers: x

WellSky supports a global client base of over 20,000 organizations across an equal number of sites, including leading hospital systems, laboratories, blood banks, home health and hospice providers, government agencies, and human services organizations. Its geographic footprint spans North America, Europe, the Middle East, and Asia, with notable clients such as Cleveland Clinic, Option Care Health, Sutter Health, Coram, Stanford School of Medicine and manu more. This diverse customer portfolio underscores WellSky’s broad impact and credibility in delivering technology solutions across the health and social care continuum.

WellSky Market Opportunities, M&A and Geo Expansions

The acquisition of Bonafide presents a strategic growth opportunity for WellSky to expand its footprint in the rapidly growing durable and home medical equipment (DME/HME) sector. By integrating Bonafide’s comprehensive enterprise platform—covering billing, RCM, inventory, and logistics—WellSky enhances its ability to deliver end-to-end solutions that improve operational efficiency and compliance for home-based care providers. This move not only strengthens WellSky’s presence in a high-demand market driven by aging populations and chronic care needs but also positions the company to capitalize on cross-selling opportunities and interoperability with its broader home health and infusion offerings.

In August 2023, WellSky introduced TeamInsights for Personal Care, a workforce analytics platform designed to deliver real-time visibility into caregiver productivity and performance. By aggregating data across scheduling, workload, and quality metrics, the solution enables personal care agencies to optimize resource allocation, enhance caregiver engagement, and address retention challenges through data-driven decision-making.

WellSky Risks and Challenges

The healthcare IT sector is witnessing rapid technological advancements and growing interest from both established tech giants and innovative startups. Competitors offering more cost-effective, AI-driven, or highly customizable solutions could erode WellSky’s market share, particularly if they demonstrate faster time-to-value or better integration capabilities with existing EHR systems.

WellSky Ecosystem, Partners, Resellers and SI

WellSky’s robust partner ecosystem enables the delivery of integrated, scalable solutions that support growth, improve care quality, and enhance satisfaction for both patients and caregivers. Strategic collaborations with industry leaders such as ABILITY Network, IQVIA, McKesson, Wolters Kluwer, Waystar and others, reflect WellSky’s commitment to innovation and interoperability across the healthcare continuum, reinforcing its position as a comprehensive technology provider in an increasingly complex and data-driven landscape.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: