Advocate Aurora Enterprises, the investment arm of Wisconsin- and Illinois-based health system Aurora Advocate, has acquired remote patient monitoring provider MobileHelp.
Advocate Aurora is a non-profit health system that provides a suite of services for the aging population, including clinical health system offerings. The provider also offers home health and hospice care and in-home personal care services provided by Senior Helpers, which it acquired last year. The deal is the fourth acquisition for Advocate Aurora Enterprises, which strategically invests in and acquires consumer health and wellness companies.
MobileHelp is a provider of remote patient monitoring capabilities and personal emergency response systems. The company’s services support the industry wide shift from episodic care to a more holistic approach, according to Advocate Aurora Enterprises. The company’s personal emergency response systems with GPS tracking can pinpoint a user's location, meaning emergency assistance can reach patients faster.
"The future of healthcare includes using innovative technology to help consumers take better control of their health," Advocate Aurora Health CEO Jim Skogsbergh said in a press release. "The addition of MobileHelp underscores our dedication to investing in solutions that are complementary to our clinical offerings, advancing whole person health and our purpose of helping people live well."
MobileHelp currently providers services for 300,000 households. Advocate Aurora Enterprises sees potential to combine MobileHelp’s technology with in-person services from Senior Helpers to offer an even higher level of care to those aging at home.
Advocate Aurora Enterprises also sees synergies with MobileHelp’s sister company, Clear Arch Health, which provides remote patient monitoring capabilities. Combined with Clear Arch, health providers could create customized monitoring plans to drive stronger adherence, deliver personalized care and strengthen a patient's support system. In addition, Clear Arch can support providers to improve care coordination and better manage patients with chronic conditions.
Under terms of the deal, MobileHelp leadership will remain in their current roles.
"Advocate Aurora's purpose to help people live well aligns with MobileHelp's mission to be somebody's hero every day," MobileHelp CEO Rob Flippo said in a statement. "Being part of this organization, which is so deeply embedded in the home health and senior care sectors, gives us an opportunity to innovate and improve care for those aging in place."
Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."