CoachCare, a top remote patient monitoring (RPM) company, acquires Verustat, marking its fourth acquisition in a year. This move bolsters its standing in the rapidly growing $175.2 billion RPM market. Verustat, specializing in primary care and cardiology for chronic conditions, complements CoachCare’s existing strengths in hypertension, obesity, and diabetes management. The merger aims to enhance patient-specific care solutions and provider access to expertise, fostering improved outcomes and healthcare system efficiency.
What You Should Know:
– CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has made its fourth acquisition in 12 months, snapping up Nashville-based Verustat for an undisclosed amount.
– This strategic move further strengthens CoachCare’s position in the rapidly growing RPM market, projected to reach $175.2 billion by 2027.
Want to publish your own articles on DistilINFO Publications?
Send us an email, we will get in touch with you.
Strengthening Focus on Chronic Conditions
Founded in 2020, Verustat brings valuable expertise in primary care and cardiology, areas plagued by prevalent chronic conditions like hypertension, obesity, and diabetes. CoachCare already excels in supporting patients with these conditions, and Verustat’s addition further solidifies their leadership position.
“We have gotten to know the Verustat team and their approach to remote care aligns well with CoachCare,” said Wes Haydon, President and Co-Founder of CoachCare. “We are pleased to welcome their clients and staff to CoachCare and to continue growing our best-in-class remote care platform.”
Acquisition Impact for CoachCare
The strategic acquisition positions CoachCare to deliver even greater value to both patients and healthcare providers. Patients benefit from a comprehensive remote care solution that addresses their specific needs, while providers gain access to Verustat’s expertise and CoachCare’s extensive resources. This win-win combination paves the way for improved patient outcomes, increased provider revenue, and a more efficient healthcare system overall.
Source: Hit Consultant
