Remote patient monitoring (RPM) platform CoachCare has acquired Dedica Health, also an RPM company, to expand its offerings.
The acquisition aims to expand its remote patient monitoring and chronic care management capabilities. In addition, Dr. Menachem Wakslak, Dedica's founder, will join CoachCare as senior advisor to the CEO.
Founded in 2021, Dedica Health specializes in primary care and cardiology remote patient monitoring solutions. The company’s solution enables patient data monitoring from connected devices between office visits, supporting clinical insights that enable interventions before unnecessary ER visits and admissions.
Analyst QuickTake: This acquisition is CoachCare’s first in 2024, furthering its growth by expanding capabilities across medical specialties. In 2023, the company acquired NVOLVE, Alertive, WebCareHealth, and Verustat, broadening its remote patient monitoring services across pain, cardiology, nephrology, orthopedics, and primary care to support a wider range of health conditions.
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