Long Term Care and Medicaid Innovations (LTCMI)

Name

Long Term Care and Medicaid Innovations (LTCMI)

Legal name

Long-Term Care & Medicaid Innovations

Website

https://ltcmi.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

LTCMI is a private Erie, Pennsylvania-based portfolio holding company that operates four subsidiaries — spanning housing, IP licensing, management/compliance, and IT — to serve seniors and adults with disabilities seeking community-based long-term care alternatives to traditional nursing homes.

Ownership category

akta.pro rank

Product category

Long-Term Care Services and LTSS Management

NAICS

Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Long-Term Services & Supports (LTSS) / MLTC Managed Care Plans (HLAEAEAD)

akta.pro secondary industries

Long-Term Care (LTC) & Post-Acute EHRs (HLACAAAD), Specialty CCRCs (e.g., Memory-Care-Focused, Veteran-Focused) (HLADAEAK)

Keywords

• Long-term care services
• Medicaid managed care
• Senior housing solutions
• LTSS administration
• Deinstitutionalization services

Headquarters

HQ city

Erie

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

LTCMI is a portfolio holding company that delivers innovative housing, management and compliance oversight, intellectual property licensing, and point-of-care technology platforms for the long-term care and Medicaid ecosystem. Through four wholly-owned subsidiaries (Senior Shared Housing, Brookside Homes of America, Affiliated LTSS, and myChoice Technologies), the company enables seniors and adults with disabilities to age in community-based settings rather than institutional nursing facilities.

Differentiator

Problem solved

Functional benefit

Brands

• Senior Shared Housing: Innovative housing options for seniors and adults with disabilities focused on aging in private homes within neighborhoods instead of large facilities.
• Brookside Homes of America
• Affiliated LTSS
• myChoice Technologies

Products and services

• Senior Shared Housing Innovative shared housing options for seniors and adults with disabilities who desire to age in private homes within neighborhoods rather than in large institutional facilities. Operated as a subsidiary providing community-based housing alternatives.
• Brookside Homes of America Designs and implements innovative housing and service models within a wide range of regulatory frameworks through intellectual property licensing with a variety of provider types. Functions as the IP and housing model licensing arm of the LTCMI portfolio.
• Affiliated LTSS Management and administrative company providing leadership and compliance oversight for innovative Long-Term Services and Supports (LTSS) programs, focused on promoting deinstitutionalization of seniors and adults with disabilities.
• myChoice Technologies Technology development subsidiary that creates innovative IT systems and point-of-care platforms ensuring consistently high quality LTSS service delivery, combining LTSS domain expertise with technology development to empower consumers to age in their communities.

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Senior Shared HousingcoreOthersSubsidiary company within LTCMI portfolio focused on creating innovative housing options for seniors and adults with disabilities who desire to age in private homes in neighborhood settings rather than large facilities
• Brookside Homes of AmericacoreOthersSubsidiary company that designs and implements innovative housing and service models through intellectual property licensing with various provider types, operating within a wide range of regulatory frameworks
• Affiliated LTSScoreOthersManagement and administrative company responsible for leadership and compliance oversight for innovative and high quality LTSS services, focused on promoting deinstitutionalization of seniors and adults with disabilities
• myChoice TechnologiescoreTechnology or IntegrationTechnology subsidiary that unites LTSS perspectives with cutting edge technology development to create innovative IT systems and point-of-care platforms ensuring consistently high quality service delivery and empowering consumers to age in their communities

Direct peers

• Genesis HealthCare: One of the largest U.S. skilled nursing facility operators with rehabilitation and assisted living services. Represents the institutional long-term care model that LTCMI is positioning against.
• National HealthCare Corporation: Operates skilled nursing, assisted living, and home care programs with a long-term care focus. Directly comparable to LTCMI's mix of LTSS services and senior housing offerings.
• PACS Group: Operates skilled nursing and assisted living facilities across multiple states. Comparable to LTCMI as a multi-state long-term care operator, though PACS focuses on traditional SNFs versus LTCMI's deinstitutionalization thesis.
• Modivcare: Provides non-emergency medical transportation, personal care, and monitoring services to Medicaid and LTSS populations. Comparable to LTCMI's LTSS services orientation toward Medicaid-funded community-based care.
• Pennant Group: Provides senior living, home health, and hospice services across the U.S. Closely aligned with LTCMI's community-based LTSS model and its aim of keeping seniors out of institutional settings.
• Brookdale Senior Living: Largest U.S. senior living operator offering independent living, assisted living, and memory care. Directly comparable to LTCMI's Senior Shared Housing and Brookside Homes operating model focused on housing-based alternatives to institutional care.
• InnovAge Holding: Operates PACE (Program of All-Inclusive Care for the Elderly) programs that provide LTSS to dual-eligible seniors. Directly comparable to LTCMI's focus on Medicaid-funded LTSS and community-based care delivery.

Emerging players

• WellSky: Healthcare technology vendor with software for LTSS, home health, hospice, and behavioral health providers. Comparable to myChoice Technologies' point-of-care and LTSS software positioning.

Broad incumbents

• Encompass Health: National post-acute and rehabilitation provider operating inpatient rehab hospitals and home health. Comparable as a broad LTSS/post-acute incumbent that overlaps with LTCMI's rehabilitation and home-and-community-based positioning.
• Amedisys: Major home health and hospice provider serving aging populations in their homes. Comparable to LTCMI's community-based care thesis and overlaps with myChoice Technologies' point-of-care use case.

Market position

Customer concentration

• LinkedInlinkedin.com/company/long-term-care-and-medicaid-innovations

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Long Term Care and Medicaid Innovations (LTCMI)