Company That Provides Cellphones To Seniors Expands Into Health Industry
GreatCall has bought Healthsense, a Minnesota-based company that provides monitoring services that deliver health and safety information for seniors. “This is a natural extension for us,” says Chief Executive David Inns.
The San Diego Union-Tribune:
GreatCall Buys Healthsense, Expands Footprint Into Senior Communities
San Diego’s GreatCall, which provides cell phone plans and services for seniors, said Tuesday that it has acquired Healthsense to beef up its connected health services in senior living communities. Chief Executive David Inns declined to disclose the purchase price. Based in Minnesota, Healthsense employs about 40 workers and has raised $44 million in eight rounds of venture capital funding from investors including Merck Global Health Innovation and Radius Ventures. The deal expands GreatCall’s data and analytics capabilities, as well as boosting its footprint in senior living and managed care markets. (Freeman, 12/20)
In other health-related business news —
San Francisco Business Times:
Lyft Dives Further Into Health Care With Ascension Partnership
Lyft is partnering with another health care organization to offer rides for seniors. This agreement with Ascension marks its biggest health care partner to date. (Siu, 12/ 20)