Paradigm Acquires Restore Rehabilitation

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.

Paradigm Acquires AI Home‑care Platform Careswitch

September 16, 2025

Healthcare Services

Paradigm, a North Miami‑based revenue cycle management and claims processing company for home care providers, has acquired Careswitch, an AI‑powered home care operating system. The acquisition will integrate Careswitch's AI and agentic claims processing into Paradigm's platform to accelerate AI‑driven claims processing, payment integrity, and automation for home care agencies.

Neuberger Berman Capital Solutions Invests in Paradigm

July 2, 2025

Healthcare Services

Neuberger Berman Capital Solutions made a strategic investment in Paradigm, a Walnut Creek–based specialty care management firm focused on complex, high-cost cases in the U.S. workers' compensation and healthcare markets. Existing investors OMERS Private Equity and Summit Partners will maintain their interests; the funding is intended to support Paradigm's continued innovation and market expansion.

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.

Select Rehabilitation Acquires RehabCare from Kindred Healthcare

December 1, 2020

Healthcare Services

Select Rehabilitation has agreed to acquire the RehabCare business line from Kindred Healthcare. The deal (terms undisclosed) creates a pro forma company with approximately 17,000 therapists serving more than 2,300 post-acute and home-health locations across 43 states, expanding Select's scale, leadership team and service capabilities.