Connect America’s Summer Acquisitions Reflect a Shake-Up in Home Healthcare

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By Jonathan Collins | 3Q 2021 | IN-6277

 

Connect America Acquires Philips Lifeline and Startup 100Plus

NEWS


This summer, Connect America—the U.S.  connected senior home care company—set about strengthening and expanding its offerings by acquiring a key competitor in its traditional business and a startup that extends Connect America’s operations into medical monitoring. In July, Connect America acquired its key rival and North American Personal Emergency Response System (PERS) market leader Royal Philips’s Aging and Caregiving business for an undisclosed sum. The following month, Connect America acquired the Remote Patient Monitoring (RPM) company 100Plus. The first deal speaks to competitive pressure and consolidation in the long-standing PERS market while the second points to the future of home healthcare. Reflecting the momentum and potential for this market, ABI Research has extended its Smart Home Research Service to include home healthcare.

PERS, Home Monitoring, and Remote Patient Monitoring

IMPACT


Connect America’s acquisition of Philips’s business unit includes …

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