Virtual Reality Company XRHealth Grows Through Acquisitions
Therapeutic virtual reality company XRHealth continues to expand via acquisition with the purchase of immersive, digital therapeutics company RealizedCare. The acquisition follows earlier purchases of NeuroReality, a company specializing in therapeutic and rehabilitative experiences through immersive XR gameplay, and Amelia Virtual Care, which provided a flexible virtual reality software for mental health professionals.
Boston-based XR Health said the integration of RealizedCare will not only add new scientifically proven methods to manage chronic pain, and behavioral health conditions, but also introduce RealizedCare’s groundbreaking triage tool, further optimizing personalized patient care.
To date, XRHealth’s platform has been used by over 2,000 clinicians to treat more than 50,000 patients, with over 1 million extended reality (XR) therapy sessions completed worldwide.
As part of the acquisition, RealizedCare Founder & CEO Aaron Gani will now serve as the General Manager of XRHealth US. Gani also serves as the chairman of the board of directors at the Digital Therapeutics Alliance. Previously, he held the role of chief technology officer at Humana.
“By integrating our triage tool with XRHealth’s cutting-edge XR and mixed reality capabilities, we can expand access to evidence-based, value-based care solutions, helping more individuals manage chronic pain, and mental health conditions,” Gani said in a statement.
The RealizedCare platform of immersive digital therapeutics is described as addressing chronic pain and mental health challenges through evidence-based CBT and biopsychosocial protocols. It was developed in collaboration with Oxford University, Massachusetts General Hospital, Sumitomo Pharma, and Confluent Health.
Its AI triage tool assesses patients’ needs, guiding them to the most effective digital interventions and escalating cases to clinicians when necessary. XRHealth said this approach aligns with its own Value Based Care solutions, optimizing care delivery by reducing unnecessary interventions while enhancing function and quality of life.
“With the integration of RealizedCare’s groundbreaking triage tool and therapeutic solutions, we are building the world’s largest XR healthcare platform,” says Eran Orr, CEO of XRHealth, in a statement. “By merging the power of mixed reality, extended reality, and AI-driven insights, we are forging a new era of immersive, value-based care. This transformative approach will expand global access to high-quality therapy, empower clinicians with unparalleled tools, and ultimately reshape the way patients experience and engage with their own healing journey.”