CoachCare ended October 2024 with an acquisition announcement. The company announced on October 29 that it acquired Dedica Health for an undisclosed amount.
Dedica Health is a California-based remote patient monitoring (RPM) company, with expertise in primary care and cardiology. The Dedica Health app monitors patient data from connected devices between office visits.
CoachCare is a New-York based RPM and virtual health company. More than 150,000 patients in 3,000 locations benefit from CoachCare’s suite of virtual tools, including remote patient monitoring, video conferencing, real-time messaging, screening, content sharing and connected devices.
The two digital health companies have joined forces to expand RPM and chronic care management. The acquisition represents CoachCare’s fifth acquisition to date.
CoachCare acquired four RCM companies during 2023. The company acquired NVOLVE in January, Alertive in April, WebCareHealth in September and Verustat in December.
According to data captured in the LevinPro HC database, this acquisition represents the 210th eHealth transaction of 2024, and the 21st in the RPM specialty. There were 22 RPM deals announced during 2023, and 16 announced during 2022.
