Curavi Health, Inc., a portfolio company of UPMC Enterprises, has acquired TripleCare, a telemedicine company in the post-acute and long-term care sectors, mirroring a growing trend in the e-health sector of the healthcare industry.
Curavi’s takeover of TripleCare will give Curavi command of nearly 100 facilities across 14 states in the United States. TripleCare’s telemedicine platform offers post-acute care patients the opportunity to get treatment from physicians at home, without having to endure costly visits to the emergency room or hospitalizations. Financial terms of the acquisition were not disclosed.
This deal echoes InTouch Health’s April 2018 purchase of REACH Health, whose REACH 5.0 platform fosters collaboration between bedside clinicians and remote specialists through shared clinical workflows.
Earlier in the year in January, InTouch also acquired TruClinic and incorporated its software to enable patients to initiate and receive a consult with their health system physician from their home. The combined company allows hospitals to use their own physicians or InTouch’s national network of contracted physicians to offer virtual care to patients. Neither transaction had disclosed terms.