What You Should Know:
– Clear Arch Health, a division of MobileHelp and a leading provider of remote patient monitoring (RPM) and mobile personal emergency response system (mPERS) solutions, today announced the company acquired Life Care Solutions (LCS), a division of Resideo.
– Life Care Solutions has been a global leader in the remote patient monitoring industry for two decades, with a complete RPM solution to help streamline care coordination and improve outcomes.
Life Care Solutions Background
Founded in 1999 as HomMed, the company was acquired by Honeywell in 2004 and changed its name to Honeywell Life Care Solutions in 2015. Three years later, as part of a larger spin off of Resideo, LCS was rebranded Resideo Life Care Solutions. Today, LCS develops and delivers digital health technologies for healthcare systems, payors, employers, home health agencies, and individuals to improve the quality and cost efficiency of care.
“With this acquisition, Clear Arch Health is taking the next big step to solidify its role in the remote patient monitoring market,” said Rob Flippo, Co-founder and CEO of MobileHelp, the parent company of Clear Arch Health. “While leveraging LCS’s deep experience, extensive customer base and its validated LifeStream™ RPM software platform, Clear Arch Health will inject new energy and resources into this well-established brand.”
Financial details of the acquisition were not disclosed.