Proving the Business Case for the Internet of Things

Validic acquires remote monitoring specialist Infometers

Iain Morris
July 16, 2014
 
Healthcare IT player Validic has announced a takeover of remote-monitoring specialist Infometers in a move designed to provide greater access to key patient data from clinical devices.

The company said the acquisition – whose terms were undisclosed – would expand its digital health ecosystem by 44%, allowing hospitals, doctors, payers and pharma and wellness companies to derive more insights from devices that capture patients’ biometric data.

Based in Silicon Valley, Infometers has developed technology for connecting remote healthcare monitoring devices to healthcare IT systems.

Validic (Durham, NC, USA) said the acquisition would also give it additional technical capabilities for future initiatives to integrate devices and data – particularly those aimed at monitoring patients outside of the traditional clinical setting.

As a result of the takeover, Validic will gain a new office facility in Silicon Valley in addition to its own Durham headquarters.

Explaining the move in greater detail, Validic said the Infometers acquisition made sense in light of the recent industry push towards telemedicine and virtual patient visits, which has increased the importance of having quick access to digital health data for healthcare providers.

“With the increased adoption of mobile devices, patient health applications and intelligent sensors, remote patient monitoring has become a key strategic initiative for healthcare stakeholders,” said Ryan Beckland, Validic’s chief executive. “In working closely with our clients, we know that improving healthcare together will require accessing key data that can provide real-time clinical decision support, validated outcome measurement, remote patient management and more.”

“With this acquisition of Infometers, we are excited that Validic continues to add value for our clients, helping them achieve greater access to the digital health devices they want, while getting the patient data they need,” he added.

Validic says it is on track to exceed 300 strategic clinical and wellness device and application integrations this year.

By adding several new clients, the company also claims to have expanded its client population reach to more than 72 million people.
 
 
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