LTC Ally
LTC Ally is a financial services company providing outsourced back-office and growth advisory solutions—including revenue cycle management, financial controllership, payroll, managed care contracting, and change-of-ownership services—to long-term care and skilled nursing facility operators across the United States.
- Company typePrivate
- Founded2006
- HeadquartersLakewood, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What LTC Ally does
LTC Ally is a privately held, US-based financial services company that provides outsourced back-office and growth advisory solutions to operators of long-term care (LTC) and skilled nursing facilities (SNFs), assisted living facilities, memory care, and post-acute care facilities. Founded in 2006 by Michael Bauman (CEO) and Mark Josefovic (COO) as LTC Consulting Services and rebranded to LTC Ally in January 2022, the firm is headquartered in Lakewood, New Jersey and operates seven offices across New Jersey, Michigan, Ohio, Florida, Pennsylvania, and Maryland, with contracting specialists serving providers in all 50 states. The company employs 251-500 people and reports serving hundreds of facilities nationwide.
The company's core offerings are organized into Back Office Solutions—Revenue Cycle Management (claims tracking, denial management, AR/billing, collections), Financial Controllership (AP, cash management, financial reporting, ancillary review), Case Management + Authorizations, Managed Care Software + Support, and Payroll Services—and Growth Advisory Services covering Change of Ownership (CHOW) processing, Managed Care Contract negotiation, and Financial Advisory (acquisitions, underwriting, asset management for REITs). These services are delivered through proprietary technology that includes aging and tracking programs with direct feeds from receivable systems, internal task manager dashboards, business intelligence reporting, a custom payroll CRM, an electronic invoice approval system, and an LTC-specific RCM platform. The technology is described as purpose-built for LTC workflows and is used internally to power service delivery rather than sold as standalone software.
The business model is managed services delivered on customizable, multi-year contracts with quote-based pricing. The go-to-market is enterprise field sales, with dedicated account managers assigned to individual operators who develop institutional knowledge of each facility. Revenue streams span ongoing managed services (RCM, controllership, payroll) and project-based professional services (CHOW, contracting, M&A advisory). Quantified outcomes cited include a 15% average cash flow increase within the first six months for AR/billing clients, a nearly 99% collections rate, a 95% success rate in obtaining in-network managed care contracts, and 189 CHOWs and provider enrollments completed in 2021. HIPAA certification is held via Avertium. The firm has received no external funding and remains founder-controlled.
LTC Ally firmographics
Firmographics- Name
- LTC Ally
- Legal name
- LTC Ally
- Website
- https://ltcally.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- LTC Ally is a financial services company providing outsourced back-office and growth advisory solutions—including revenue cycle management, financial controllership, payroll, managed care contracting, and change-of-ownership services—to long-term care and skilled nursing facility operators across the United States.
- Ownership category
- akta.pro rank
LTC Ally industry classification
Industry- Product category
- Healthcare Revenue Cycle Management
- NAICS
- Office Administrative Services (5611)
- SIC
- Services-Engineering, Accounting, Research, Management (8700), Services-Prepackaged Software (7372), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)
- akta.pro secondary industries
- Contract Administration Support (PO/Contract Compliance) (BPAAAJAE), Long-Term Care (LTC) & Post-Acute EHRs (HLACAAAD)
Keywords
Where LTC Ally is headquartered
LocationHeadquarters
- HQ city
- Lakewood
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
LTC Ally business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Back Office Solutions: Full suite of financial and operational services including revenue cycle management, accounts receivable, collections, financial controllership, case management, managed care software, and payroll services. Services are provided as professional managed services to long-term care operators on an ongoing contractual basis.
- Growth Advisory Services: Change of ownership services, managed care contracts negotiation, and financial advisory including acquisitions, underwriting, and asset management. These are project-based and ongoing consulting services for operators expanding their portfolios.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Customizable service packages tailored to operator needs |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
LTC Ally product offering
Product offeringCore offering
LTC Ally provides outsourced back office and growth advisory services to long-term care and skilled nursing facility operators. Its offerings include revenue cycle management, accounts receivable and billing, collections, financial controllership, case management, managed care software and support, and payroll services. The company also delivers growth advisory services covering change of ownership (CHOW) processing, managed care contract negotiation, and financial advisory for acquisitions, underwriting, and asset management.
Product overview
LTC Ally offers a unified platform of back office and growth advisory services for long-term care and skilled nursing facilities. The core offering comprises Revenue Cycle Management and Financial Controllership as the primary service lines, supplemented by Case Management + Authorizations, Managed Care Software + Support, and Payroll Services. Growth Advisory Services include Change of Ownership (CHOW) Services, Managed Care Contracts, and Financial Advisory (which encompasses Acquisitions + Underwriting and Asset Management). Under Revenue Cycle Management, there are sub-products for Accounts Receivables + Billing and Collections Services. Under Financial Controllership, there are sub-products for Accounts Payable, Cash Management, Financial Reporting, and Ancillary Review. All services are delivered as professional outsourcing solutions rather than standalone software products, with proprietary technology used internally to power these services.
Differentiator
Problem solved
Functional benefit
Products and services
- Revenue Cycle Management
Quantifiable outcome
- 15% average cash flow increase within first 6 months for accounts receivable and billing clients
- +5 more outcomes
Companies that use LTC Ally
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
LTC Ally technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
LTC Ally partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights6 records
LTC Ally competitors and assessment
Company assessmentBroad incumbents
- ADP: Dominant payroll and HR services provider competing for LTC Ally's payroll services line; many LTC operators default to ADP before considering a niche specialist.
- Plante Moran: Large accounting and consulting firm with a dedicated healthcare and senior-living practice that provides outsourced finance, audit, and controllership services overlapping with LTC Ally's financial controllership offering.
- Wipfli LLP: Top-20 US accounting and advisory firm with a strong senior-living and healthcare practice providing outsourced finance, payroll, RCM advisory, and consulting services to LTC and skilled nursing operators.
- FORVIS (formerly BKD): Major accounting and advisory firm with a deep healthcare and long-term care practice offering outsourced finance, audit, reimbursement, and operational consulting to LTC operators.
- Marcum LLP: Top accounting firm with a healthcare group serving nursing homes, assisted living, and behavioral health providers with controllership, RCM advisory, and managed care services — directly overlapping LTC Ally's customer base.
- R1 RCM: Large public revenue cycle management company expanding into specialty and post-acute care; represents the kind of scaled, technology-enabled RCM competitor LTC Ally could face as outsourced RCM demand grows in LTC.
- FinThrive: Healthcare RCM platform (formerly nThrive/Change Healthcare RCM) offering end-to-end revenue cycle software and services to hospitals and post-acute providers, overlapping with LTC Ally's RCM offering.
- Paychex: Major SMB-focused payroll, HR, and benefits provider competing for the payroll and HR-administration portions of LTC Ally's offering.
Direct peers
- PointClickCare: Largest EHR and care-coordination platform purpose-built for skilled nursing and senior living operators; overlaps with LTC Ally on data, reporting, and back-office workflows and is increasingly the de facto technology layer LTC Ally integrates with.
- NetSmart Technologies: Healthcare IT platform with a strong post-acute and behavioral health EHR footprint serving LTC operators; competes for the same IT/billing wallet and overlaps in LTC RCM-adjacent workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LTC Ally social profiles
Digital presenceLTC Ally compliance and trust
Trust signalCompliance1 record
LTC Ally financial estimates
Financial estimateRevenue estimate
Valuation estimate
LTC Ally leadership team
Management profileNumber of profiles
Profiles8 records
LTC Ally funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LTC Ally M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LTC Ally
What does LTC Ally do?
LTC Ally provides outsourced back office and growth advisory services to long-term care and skilled nursing facility operators. Its offerings include revenue cycle management, accounts receivable and billing, collections, financial controllership, case management, managed care software and support, and payroll services. The company also delivers growth advisory services covering change of ownership (CHOW) processing, managed care contract negotiation, and financial advisory for acquisitions, underwriting, and asset management.
Is LTC Ally a public or private company?
LTC Ally is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LTC Ally founded?
LTC Ally was founded in 2006. It employs 251 to 500 people.
Where is LTC Ally based?
LTC Ally is headquartered in Lakewood, United States, in the North America region.
How does LTC Ally make money?
Two revenue lines are on record. Back Office Solutions are the primary driver. The others are growth Advisory Services.
Who are LTC Ally's main competitors?
Broad incumbents on record are ADP, Plante Moran, Wipfli LLP, FORVIS (formerly BKD), Marcum LLP, R1 RCM, FinThrive and Paychex. Direct peers are PointClickCare and NetSmart Technologies.
Does LTC Ally have an API?
No public API is recorded for LTC Ally.
What industry is LTC Ally in?
LTC Ally's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is BPAAAGAJ, Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting), with a secondary code of BPAAAJAE, Contract Administration Support (PO/Contract Compliance). Its NAICS code is 5611 and its SIC code is 8700.