AAA Optum acquires Vivify Health

Optum acquires Vivify Health

UnitedHealth Group’s Optum division has reportedly acquired US-based patient-monitoring start-up Vivify Health.

In March 2016, healthcare provider and insurer UPMC led a $17m series B round for US-based cloud healthcare company Vivify Health as part of a strategic agreement. The round also included laboratory services provider LabCorp and outsourced medical services provider Envision Healthcare Holdings.

Ascension Health Ventures, the corporate venturing arm of medical services company Ascension Health, and care provider-backed venture firm Heritage Group Vivify invested $3.4m in Vivify in May 2013, before the company raised $3m from undisclosed investors in May 2014.

Founded in 2009, Vivify provides cloud-based healthcare to remote patients through mobile devices. More than 500 US health organisations use the technology for functions such as virtual care visits, remote patient monitoring and patient education.

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Categorized as Deals, News

By James Mawson

James Mawson is founder and chief executive of Global Venturing.

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