Healthcare M&A Analysis: Why Did Philips Acquire PHM Vendor VitalHealth?
Published: December 28, 2017
29th December 2017 – Featured in HIT Consultant – Philips announced on December 8th that it had acquired Dutch population health management (PHM) and eHealth platform providerVitalHealth software. The acquisition marks Philips’ second major PHM acquisition after it purchased the US-based PHM vendorWellcentive in July 2016.
The acquisition bolsters Philips’ PHM offering, particularly within the execution elements of a PHM platform (e.g. patient engagement, care coordination and patient reported outcomes). It also opens several international markets to Philips – its PHM business to-date being dominated by US customers.
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