Paradigm Acquires AI Home‑care Platform Careswitch

Patient Square Capital to Acquire Paradigm

February 12, 2026

Healthcare Services

Paradigm, a specialty care management organization focused on complex injuries and diagnoses, has entered into a definitive agreement to be acquired by Patient Square Capital. The transaction is expected to close in the first half of 2026, marking the conclusion of Paradigm’s partnership with OMERS Private Equity.

PAR, Inc. Acquires Assessment Assist AI

July 29, 2025

AI & Machine Learning

PAR, Inc. has acquired Assessment Assist AI to integrate the startup's AI-powered report-writing platform into PAR's PARiConnect system, streamlining workflow for psychologists and reducing time spent on clinical report writing. The acquisition brings generative-AI capabilities to PAR's assessment platform to help address clinician burnout and long waitlists by increasing assessment throughput while preserving clinical standards.

Cressey & Company Partners with Paradigm Health in Recapitalization Backed by Havencrest

May 12, 2025

Healthcare Services

Cressey & Company LP has entered into a partnership and recapitalization with Paradigm Health, a leading hospice and palliative care provider based in Indianapolis. Existing investor Havencrest Capital Management completed a majority exit while reinvesting alongside Paradigm Management and Cressey to support the company's next phase of geographic and service expansion across Indiana.

Paradigm Acquires Welvie

January 30, 2023

Healthcare Services

Paradigm, a specialty care management organization based in Walnut Creek, California, has acquired Welvie, a digital health decision‑support company. The acquisition will combine Paradigm's deep clinical capabilities with Welvie's consumer-facing shared decision‑making platform to expand Paradigm's care-management and patient education offerings; financial terms were not disclosed.

Paradigm Acquires HomeCare Connect

December 8, 2021

Healthcare Services

Paradigm, an accountable specialty care management organization, has acquired HomeCare Connect, a specialty network focused on home health, durable medical equipment (DME), and related post-acute services. The acquisition expands Paradigm's clinical solution set and extends its accountable care management model into the home to better serve catastrophic and complex cases.

Paradigm Acquires Restore Rehabilitation

April 1, 2019

Healthcare Services

Paradigm has acquired Restore Rehabilitation, a case management company with field coverage in 27 states and nationwide telephonic coverage. The acquisition expands Paradigm's Complex Care Solutions capabilities and adds approximately 250 employees to support nationwide service for injured workers.