Philips expands its population health management business with the acquisition of VitalHealth. The acquisition complements Philips’ population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions.
VitalHealth is a provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Headquartered in Ede, VitalHealth’s products and services are being used by more than 100 healthcare networks in various countries including the US, India, China, Sweden, Germany, Belgium and the Netherlands. The company was founded in 2006 by Mayo Clinic (US) and Noaber Foundation (the Netherlands) and employs approximately 200 employees. Financial details of the transaction were not disclosed.
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