Philips acquires Mayo Clinic spinout VitalHealth

Amsterdam-based Royal Philips acquired VitalHealth, a population health management company based in Ede, the Netherlands, the company announced Dec. 8.

Rochester, Minn.-based Mayo Clinic and Lunteren, the Netherlands-based Noaber Foundation founded VitalHealth in 2006 to provide patients with cloud-based population health management solutions. The company's personalized care solutions — including telehealth applications and care coordination platforms — are used in more than 100 healthcare networks across the globe.

"This strategic acquisition complements our current offering in population health management, and supports our commitment to deliver integrated solutions for care providers and patients to improve people's health," said Carla Kriwet, chief business leader of the connected care and health informatics businesses at Philips.

The financial details of the transaction were not disclosed.

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