Phillips Respironics acquires medSage
PITTSBURGH - Royal Philips Electronics (Respironics) has acquired medSage Technologies, a provider of patient-management software designed to help HME providers improve compliance and outcomes, and streamline the re-supply process for patients with OSA, diabetes and other diseases.
Phillips announced the acquisition today. Terms of the deal were not disclosed
"This acquisition is fully aligned to our strategy of providing home care providers with new opportunities to enhance their service offerings with an effective and cost-efficient application," said Steve Rusckowski, CEO of Philips Healthcare.
medSage formed in 2003. The company's software automates patient contact and is designed to free up staff time, check on patient compliance (allowing providers to intervene if necessary) and generate new supply orders.
Last fall, medSage announced that it was actively managing more than 800,000 patients. Most of the patients medSage manages for compliance and re-supply have OSA, but it also has programs targeting TENS and home oxygen patients, among others.
medSage Technologies is a privately-held company with approximately 40 employees.