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VitalHealth

How Will Philips Acquisition of BioTelemetry Impact The Cardiac Monitoring Market?

by Kelly Patrick, Principal Analyst at Signify Research 02/09/2021 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

At the end of December 2020, Philips announced the planned acquisition of BioTelemetry for $2.8 billion in cash. - BioTelemetry was formed in 2013 after a series of acquisitions from the initial founding company CardioNet, Inc. - CardioNet, Inc. based in San Diego, USA was initially founded in 1994. - After a multitude of acquisitions in recent years, BioTelemetry has established itself as a leading cardiac powerhouse, specializing in mobile and wireless medical technology. After this
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

by Alex Green, Steve Holloway, Simon Harris and Michael Liberty, Signify Research 07/02/2019 Leave a Comment

Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

 The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings

by Fred Pennic 12/11/2017 Leave a Comment

Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings

Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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