Concurro, Inc.

Software Company Showcases Benefits of Technology in Long-Term Care Facilities

Concurro, Inc. is a software company servicing the long-term care market. The company hosted a successful open house that included a presentation about the challenges faced by long-term care facility operators and a demonstration of the integrated suite of applications the company is offering to address these challenges.

San Mateo, CA, January 28, 2006 --(PR.com)-- Concurro, Inc., a software company servicing the long-term care market hosted a successful open house at its new San Mateo, CA office on Thursday, January 19, 2006. The open house included a presentation about the challenges faced by long-term care facility operators and a demonstration of the integrated suite of applications Concurro is offering to address these challenges. In attendance were customers, partners, and industry and investment professionals.

The open house served as a milestone for Concurro. It defined Community Management Systems (CMS) as a legitimate software and services market for Long-Term Care. Concurro also introduced CareWorksTM, its offering for the CMS market. CareWorks™ incorporates lead management, resident administration, resident care management, property management and billing. With this application, Concurro has captured the functional elements of the long-term care facility’s operation.

CareWorks™ was developed using state-of-the-art web-based technologies. The hosted application is flexible, configurable and offers role-based security and encryption. This translates into reduced business risk, lower total cost of ownership and the ability for these organizations to easily grow in the future.

Stan Turner from Spring Creek Manor in Eagle, ID commented, “We chose Concurro for two reasons. First, they are the only product offering a comprehensive solution we need to manage our business—resident care, employee management, physical facilities, etc. Second, we believe in the talent and leadership of the company. They are the most talented and innovative provider in the industry. They are exactly the type of partner we want to have as we strive to maintain our own success in the assisted living industry.”

“The U.S. long-term care market serves an estimated 10 million people and accounts for $180 billion in annual spend.” Howard Lau, Chief Executive Officer of Concurro, explained. Included under the umbrella of long-term care are senior retirement communities, assisted living (residential care facilities), home care, skilled nursing and continuing care retirement communities (CCRC). Mr. Lau emphasized “this market is underserved by IT which is ironic because people over 65 are the fastest growing segment of the population.”

About Concurro:
Concurro believes that information should empower long-term care organizations; that technology should dramatically improve communications throughout the community, embracing employees, residents and families. Concurro strives to develop software that can drive significant business value, reduce business risk as well as enrich the culture of the community.

Concurro, Inc. is a market leader in the emerging Community Management Systems market. The Company creates innovative, industry-changing products for the Long-Term Care market. Concurro is headquartered in San Mateo, CA. For more information, visit www.concurro.com.

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Copyright © 2006 Concurro, Inc. All rights reserved. Concurro and the Concurro logo are either registered trademarks or trademarks of Concurro in the United States. All other trademarks are the property of their respective owners.
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Concurro, Inc.
Michael Sturm
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