HIT Consultant August 15, 2024
Fred Pennic

What You Should Know:

Stryker Corporation (NYSE: SYK) announced the definitive agreement to acquire care.ai, a leading company specializing in AI-powered virtual care, smart room technology, and ambient intelligence solutions.

– The acquisition of care.ai reinforces Stryker’s existing healthcare IT offerings and wirelessly connected medical device portfolio. This move comes on the heels of the company’s previously announced “very active deal pipeline” for the latter half of 2024.

Addressing Healthcare’s Pressing Needs

Care.ai’s AI-driven platform addresses crucial issues faced by healthcare providers today, including nursing shortages, staff retention challenges, and workplace safety concerns. Their technology optimizes workflows and empowers...

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Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
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