US-based enterprise telehealth technology developer Intouch Health has reached an agreement to acquire telemedicine software company REACH Health.
The deal will enable InTouch Health to expand its market share as the leading partner for hospitals and health systems.
Additionally, integration of these two companies will enable REACH Health customers to expand their telehealth services using a fully integrated virtual care platform.
With the acquisition, existing REACH Health customers will benefit from more support, security and compliance.
InTouch Health CEO Joseph DeVivo said: “REACH Health is a complementary addition to the InTouch Health family with its strong history of delivering high-quality telemedicine solutions.
“The telehealth industry is fragmented and health systems demand a single telehealth platform that can overcome interoperability challenges, ensure data management continuity, and scale from a single physician office to a multi-hospital enterprise.
“With InTouch Health, healthcare providers have access to the complete telehealth package for any use case and in any care location.”
The takeover of REACH Health is the second acquisition by InTouch Health this year. Earlier in January, InTouch bought TruClinic which provides online direct-to-consumer care services.
REACH Health offers enterprise telemedicine systems for various specialties and settings of care, all supported on common software called the REACH 5.0 platform.
Based on personal preferences and specialty-specific exams, clinical scales and patient data, the highly configurable system enables physicians to tailor each consultation.