Strong Market Presence Briggs Healthcare has established a solid foothold in the long-term care, assisted living, home care, and hospice markets with over 70 years of experience and more than 50,000 customers, indicating a stable revenue base and ongoing demand for their compliance and documentation products.
Strategic Acquisitions Recent acquisitions of companies like Selmanholman and SimpleLTC, along with partnerships with Carevoyant and PointClickCare, demonstrate Briggs Healthcare's active growth strategy and focus on expanding digital offerings and integrated health solutions, presenting opportunities for cross-selling and upselling digital software and services.
Technology Integration Briggs’ use of diverse tech stacks including NetSuite, Microsoft 365, and partnerships with tech firms reflects their commitment to digital transformation, which could open sales avenues for advanced healthcare IT solutions, automation tools, and compliance platforms tailored to healthcare providers.
Operational Expansion The company's recent collaborations and distribution agreements with major healthcare service providers suggest potential opportunities to introduce complementary products, such as workflow automation, predictive analytics, and specialized compliance content designed for post-acute and long-term care facilities.
Financial Opportunity With revenues in the range of 25 to 50 million dollars and a focus on healthcare sectors with ongoing regulatory and operational needs, Briggs Healthcare presents a lucrative target for value-driven sales strategies aimed at expanding their product suite and enhancing customer retention within the evolving healthcare compliance landscape.