Industry Bulletins | February 7, 2020
UnitedHealth’s Optum Acquires Vivify Health To Tackle Hospital Readmission Rates
UnitedHealth subsidiary Optum acquired Texas-based remote patient monitoring (RPM) startup Vivify Health. The financial terms of the acquisition were not disclosed. Through this acquisition, Optum has an opportunity to significantly reduce costs from hospital readmission rates and better manage care for individuals with chronic diseases.
Vivify equips payers and provider organizations with a comprehensive RPM platform, complete with a suite of connected medical devices and mobile health apps. The company reports that its platform has contributed to 76% fewer readmissions at University of Pittsburgh Medical Center, and individuals using Vivify report a 97% satisfaction rate.
While many provider organizations . . .