MobiHealth News July 6, 2021
Together the businesses have 900,000 subscribers.
Remote care company Connect America is looking to the senior care space with its acquisition of Royal Philips’ Aging and Caregiving (ACG) business for an undisclosed sum.
The new acquisition will include the Philips Lifeline Personal Emergency Response system (PERs), which lets seniors access care and connect to a trained specialist 24/7. The ACG business includes a basic product where a senior can press a button for help, a wearable that can detect falls and a medication dispensing service device.
The business also includes a digital platform for caregivers to connect and coordinate medical care for a senior.
Connect America, which is owned by PE company Rockbridge Growth Equity, already has several products focused...