Lottie acquires CareMaster to automate UK care admin with AI
Lottie, a London-based health tech startup, has bought CareMaster, a 25-year-old UK care billing software provider. This is Lottie's second acquisition as it uses AI to overhaul manual billing and admin for hundreds of care homes. The move brings CareMaster's 750+ locations onto Lottie's Found platform, aiming to support £3 billion in annual invoicing by 2027—up from £1 billion today.
- Lottie acquired CareMaster, a long-standing care billing firm
- CareMaster adds 750+ care home locations to Lottie's platform
- Lottie's Found platform aims to reach £3B in annual invoicing by 2027
- AI will first target credit control, then other admin processes
- International expansion is planned after the UK growth
Sources covering this
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