On a buying streak, hybrid care company Carbon Health on Tuesday purchased Alertive Healthcare, a remote monitoring startup whose connected devices include blood pressure cuffs, electrocardiograms, and pulse oximeters. The purchase strengthens the company’s home care portfolio and marks its second acquisition of a virtual care startup after its June purchase of digital diabetes clinic Steady Health. Financial terms were not disclosed for either deal.
Carbon’s push into home care brings it in line with several other digital-first care companies, several of whom have used acquisitions to make inroads in chronic care management. Teladoc acquired Livongo, bolstering its one-off telehealth consultation service with devices that enable continuous care, such as blood pressure cuffs and weight scales. And digital pharmacy Ro purchased fertility testing startup Modern Fertility and home diagnostics company Kit, enabling its users to self-test for a range of conditions including cholesterol and pregnancy-related hormones.
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