Validic has acquired the assets of Trapollo LLC, a connected health provider, from Cox Communications. The acquisition enhances Validic’s capabilities in personalized healthcare by integrating Trapollo’s technical support and device logistics services. Validic’s healthcare app, integrated with electronic health records, can now incorporate remotely collected health data from the largest health IoT platform. Financial details of the deal were not disclosed, and Trapollo’s distribution center in Sterling, VA, will continue operations under Validic. Cox Communications becomes an investor in Validic through this transaction.
What You Should Know:
- Validic has acquired the assets of Trapollo LLC, a connected health, technical support, and device logistics provider that helps healthcare organizations care for patients at home. Trapollo is a wholly-owned subsidiary of Cox Communications, Inc.
- With the acquisition of these Trapollo assets, Validic rounds out its core capabilities to make personalized healthcare a practical reality for patients and clinicians. Validic’s EHR-integrated healthcare app ingests remotely collected health data from the world’s largest health IoT platform to help healthcare organizations personalize chronic condition management, remote care, and support for healthy living.
- Financial details of the acquisition were not disclosed. As part of the acquisition, Trapollo’s former distribution center, which will now be operated by Validic, will remain in Sterling, VA. With the transaction, Cox becomes an investor in Validic.
Source: HitConsultant
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