Sunday 9 January 2011

Philips Acquires MedSage Technologies

Royal Philips Electronics, a major company providing medical imaging systems and healthcare IT solutions, announced that it has completely acquired all the assets of MedSage Technologies LLC, a major company providing patient interaction and management solutions.

Following the acquisition, Philips will be able to provide a web-based solution that allows home healthcare providers to control ongoing compliance and replenishment services offered to patients undergoing treatment for several conditions obstructive sleep apnea (OSA) and diabetes. 

Steve Rusckowski, CEO of Philips Healthcare, said "We believe the need to manage chronic diseases by an aging population, coupled with health economics, will continue to drive a greater need for healthcare delivery at home," he added "This acquisition is fully aligned to our strategy of providing home care providers with new opportunities to enhance their service offerings with an effective and cost-efficient application."

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Philips Acquires MedSage Technologies

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