Philips acquires VitalHealth to boost population health management strategy
In an effort to expand its foothold in the realm of population health, Philips has acquired VitalHealth, which provides cloud-based population health management solutions. Founded in 2006 by the Noaber Foundation and the Mayo Clinic, the company is headquartered in the Netherlands and has approximately 200 employees.
As part of the U-N-A approach, Philips first assists its clients in understanding their patients’ clinical and financial needs. Next, it facilitates the workflows of providers to enable care navigation and management. It then activates patients through various engagement techniques.
The company’s 2016 acquisition of Wellcentive, another provider of population health management solutions, helped with the Understand and Navigate pieces of the puzzle. VitalHealth will assist with the Navigate and Activate aspects, as the company has its own care coordination platform for providers as well as various telehealth applications for patients.
Wellcentive and VitalHealth aren’t the only organizations Philips has acquired recently. In early December, they bought Forcare, an interoperability solutions provider.
The goal is to combine Philips’ clinical informatics solutions for data with Forcare’s interoperability platform.
Additionally, this summer Philips acquired Health & Parenting, a digital health app developer specializing in healthcare and family-related mobile applications for expectant and new parents. At the time, Philips noted Health & Parenting would complement its uGrow platform and add another avenue to gain insight on the needs of new parents.
