Valued Relationships, Inc.(VRI), a provider of telehealth monitoring solutions to seniors has acquired Sullivan, Illinois-based Healthcom to expand its footprint in senior care market. Founded in 1992 by CEO Ralph Kirk, Healthcom partners with healthcare providers to provide services that enhance the standard of care.
From medical alert services and medication management to telehealth solutions and care transitions, Healthcom offers an integrated service to help reduce readmissions, improve outcomes, and improve profitability for partners and clients.
Founded in 1988, VRI is a portfolio company of Pamlico Capital headquartered in Franklin, Ohio. VRI is one of the country’s largest providers of telehealth monitoring, monitored medication dispensing and adherence solutions, and medical alert systems, serving over 100,000 actively monitored clients.
VRI offers VRI Connect, a medical alert unit that is compatible to VoIP/cable TV telephone systems; VRI MedConnect pill dispenser, a medication management system that helps seniors, at risk individuals, and persons with chronic illnesses to manage their medications reducing illnesses and hospital visits associated with medication non-adherence; vitals monitoring, a solution that enables doctors, health plans, and care givers to monitor the daily vital signs of their clients with a range of chronic illnesses, including diabetes, congestive heart failure, hypertension, COPD, and asthma; and adaptive switches, such as sip and puff, tip, pillow, and plate switches, as well as monitored smoke detectors, key lock boxes, and door contacts that work with medical alert units.
Financial details of the acquisition were not disclosed.