TSC Connected Care acquires the CareXS Digital Health Platform
Oxford UK, 25th April 2023
TSC Connected Care, an innovative digital health solutions company and owner of the Sensium remote patient monitoring platform, today announces the acquisition of all assets from the Connected Health Group.
The acquired assets include the CareXS Digital Health Platform and its service offerings Meddy, Ally, Thelma, and the award-winning Indy, which are amongst others focused on medication management and remote monitoring for infusion therapy outside the hospital. CareXS Meddy and CareXS Ally are currently utilised in care delivery for over [21,000] Dutch patients. This strategic acquisition further enhances TSC Connected Care’s ability to connect patients and clinicians over the entire continuum of care, irrespective of location.
TSC Connected Care’s vision to enhance patient care by closely connecting patients and clinicians, started with the launch of the Sensium platform which provides continuous, ambulatory, wireless, vital signs monitoring during an acute episode of care both inside and outside the hospital; Acute Care, Anywhere.
The combination is expected to allow for significant commercial synergies as the CareXS platform can leverage TSC Connected Care’s commercial footprint outside of the Netherlands. Furthermore, TSC Connected Care can boost its hospital@home profile with access to CareXS’s key customer base that is specialized in the delivery of care outside the hospital.
Chad Bateman, CEO TSC Connected Care, commented: “This acquisition will further fuel TSC Connected Care’s ambitions to be the partner of choice for healthcare systems that want to move more care from the hospital to the home environment. We are delighted to welcome the CareXS employees into the TSC Connected Care organisation and very much look forward to working together on the realization of our ambitious growth plans”
Cliff Bos, CEO Connected Health Group added: “CareXS has always been committed to bridging the gap between healthcare demand and securing access to sustainable and affordable healthcare with innovative digital health services. I am proud to announce today’s complementary acquisition and TSC Connected Care’s commitment to further enhance and complete the CareXS solutions footprint. A big thank you to all the CareXS employees for their dedication and support in this transaction. Because We Care!”
About TSC Group
TSC Connected Care is part of The Surgical Company Group. TSC Group, headquartered in the Netherlands, is a private group of specialty medtech companies. The group’s current portfolio consists of global proprietary product businesses in the areas of patient temperature management, single-use endoscopy, wireless patient monitoring and non-invasive hemodynamic assessment. For more information, please visit www.tsc-group.com.