Receive our newsletter – data, insights and analysis delivered to you
September 26, 2011

Tunstall Healthcare to acquire telecare provider

Tunstall Healthcare Group has entered into a definitive agreement to acquire American Medical Alert, a provider of remote health monitoring and 24/7 communication services.

By admin-demo

Tunstall Healthcare Group has entered into a definitive agreement to acquire American Medical Alert, a provider of remote health monitoring and 24/7 communication services.

Tunstall will pay $8.55 per share in cash without interest, plus one contingent payment right per share.

New York-based American Medical Alert has two business divisions, Health and Safety Monitoring Systems and Telephony Based Communication Services.

American Medical Alert president and CEO Jack Rhian said that the transaction will allow the company to rapidly accelerate the scope of its portfolio in both remote patient monitoring and call centre solutions, thereby benefiting the entire customer base.

The transaction is expected to close in fourth quarter of 2011.

Content from our partners
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success
The powerful networks advancing life sciences in Charleston | USA
The power of infrastructure: How Charleston | SC | USA is expanding horizons for life science companies
Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Get important industry news and analysis sent to your inbox
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU