DETROIT, Mich. - Health Hero Network, a Beringea InvestCare Partners portfolio company and an innovator of telehealth solutions, has been acquired by The Bosch Group, a leading global supplier of technology and services. Terms of the agreement will not be disclosed.
Health Hero Network, headquartered in Palo Alto, Calif., develops and sells technology solutions that allow the remote monitoring and management of patient health data. More than 20,000 individuals with chronic conditions interact with the company's Health Buddy System through their use of a Health Buddy Appliance, making the Health Buddy System the most-used system for monitoring and managing individuals with complex chronic conditions in their homes. The feedback provided by the Health Buddy Appliances provides caregivers with actionable, evidence-based knowledge to create individualized, preventive interventions.
About InvestCare Partners
InvestCare Partners is a healthcare venture capital fund managed by Beringea. It has invested in later-stage businesses active in the medical device, service and technology sectors. www.beringea.com
About Health Hero Network
Health Hero Network develops and markets the Health Buddy@ system for health improvement. The Health Buddy system serves as the interface between patients at home and care providers, facilitating patient education and monitoring of chronic conditions. The system includes monitoring technologies, clinical information databases, Internet-enabled decision support tools, health management programs and content development tools. Through increased communication, behavior modification, and prevention, the Health Buddy system improves the quality of care.
www.healthhero.com
About Bosch Group
Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 260,000 associates generated sales of 43.7 billion euros in fiscal 2006. The Bosch Group comprises Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in over 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spends more than three billion euros each year for research and development, and in 2006 applied for over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as
"Workshop for Precision Mechanics and Electrical Engineering." www.bosch.com |
