Remote monitoring and biosensor company VitalConnect has received an investment from the investment arm of Nashville, Tenn.-based HCA Healthcare, Health Insight Capital, for an undisclosed amount.
VitalConnect will use the funding to expand its remote cardiac monitoring business for patients with heart failure and continue to build its business of monitoring patients with chronic obstructive pulmonary disease and sepsis, according to a Sept. 12 VitalConnect news release.
"This strategic investment from HCA Healthcare will further accelerate VitalConnect's expansive growth and upward trajectory in the Cardiac Monitoring space," VitalConnect CEO Peter Van Haur said. "We've experienced unparalleled physician adoption and growth over the past 18 months since launch, and HCA Healthcare's investment will enable us to continue bringing customers the most comprehensive remote patient monitoring platform."