Philips Expands Population Health Management Business

Ahead of the weekend, MHW learned that Royal Philips — a global leader in health technology — has acquired VitalHealth, a leading provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks.
We’re told that VitalHealth’s products and services are being used by more than 100 healthcare networks in various countries including the US, India, China, Sweden, Germany, Belgium and the Netherlands.

The company was founded in 2006 by Mayo Clinic and Noaber Foundation (the Netherlands) and employs approximately 200 employees.

Financial details of the transaction were not disclosed.

“This strategic acquisition complements our current offering in population health management, and supports our commitment to deliver integrated solutions for care providers and patients to improve people’s health,” said Carla Kriwet, Chief Business Leader of the Connected Care & Health Informatics Businesses at Royal Philips. “As a pioneer in comprehensive population health management solutions, we are committed to help drive business transformation for providers, health systems, employers, and payers transitioning to value-based care. VitalHealth will help us deliver on that commitment by strengthening our offering for care coordination, outcome management and patient engagement.”

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