CoachCare Acquires Verustat

Fourth Acquisition Bolsters Remote Patient Monitoring Company’s Presence in Primary Care and Cardiology CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has acquired Nashville, Tennessee-based RPM company Verustat, for an undisclosed amount. The acquisition represents CoachCare’s fourth acquisition in 12 months. Founded in 2020, Verustat brings a valuable roster of RPM clients focused on primary care and cardiology. This adds to CoachCare’s leadership position by supporting the most prevalent chronic conditions, such as hypertension, obesity, and diabetes. One of the fastest growing digital health offerings, by 2027 the worldwide RPM market could grow from $53.6B to $175.2B – driven by factors like the growing senior population and increased prevalence of chronic conditions. “We have gotten to know the Verustat team over the past year and their approach to remote care aligns well with CoachCare. We are pleased to welcome their clients and staff to CoachCare and to continue growing our best-in-class remote care platform,” said Wes Haydon, Co-Founder and President at CoachCare. This acquisition adds thousands of patients to CoachCare’s growing remote patient monitoring and care management platform. In addition, Verustat’s methods have proven results in hypertension making it one of the only RPM companies to publish its results in a peer-reviewed journal. Verustat was advised by pH Partners and Hughey Business Law. CoachCar...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT CoachCare Health IT Acquisitions Healthcare M&A Hughey Business Law pH Partners Verustat Wes Haydon Whitman Breed Abbott & Morgan Source Type: blogs