Business Briefs: Two Philips Partnerships Take Home Care Tech to New Heights

Philips Enters Into Two Partnerships to Improve Health Care Tech Royal Philips (Nasdaq: PHG) recently entered into two partnerships with technology companies. Philips initiated its first collaboration with Qualcomm Incorporated (Nasdaq: QCOM) to advance connected health across the entire health continuum. Qualcomm Life’s 2net Platform will act as the medical device connectivity solution for Philips’ […]

Compassus Expands Footprint with Hospice Advantage Acquisition

Community-based hospice company Compassus has acquired Hospice Advantage, an operator focused on end-of-life care, in a deal that allows the company to enter markets in three new states. The transaction, announced last week, expands Compassus’ footprint to 150 locations in 28 states to serve more than 30,000 patients and their families each year, according to […]

Qualcomm Aims to Connect Hospital, Home Care With Capsule Acquisition

In an effort to connect home and hospital care, Qualcomm Inc. (Nasdaq: QCOM) medical subsidiary Qualcomm Life has acquired Capsule Technologie, a healthtech systems company that links medical devices and the software used by hospitals to handle patient data. The financial terms of the transaction were not disclosed. Qualcomm Life purchased Capsule from JMI Equity […]

AirStrip Raises $25M to Bring Mobile Tech into Home Health

A provider of mobile healthcare applications raised $25 million in a strategic funding round led by healthcare investors.  The funding will support the continued growth of the patent-protected AirStrip ONE mobile technology solutions, expansion into the home health space, internationalization efforts and accelerated integration with industry-leading analytics engines, AirStrip says in a written statement. Investors include Gary and Mary West […]