InTouch Health entered into an agreement to acquire Reach Health, a telemedicine software company.
InTouch Health offers a full range of telehealth services to health systems. The acquisition will enable InTouch to expand its market share. Additionally, Reach Health customers will have access to the combined strengths of the two organizations as well as InTouch's wide range of telehealth offerings in emergent, post-acute, ambulatory and direct-to-consumer on-demand care.
"REACH Health is a complementary addition to the InTouch Health family with its strong history of delivering high-quality telemedicine solutions," said Joseph M. DeVivo, InTouch Health's CEO. "The telehealth industry is fragmented, and health systems demand a single telehealth platform that can overcome interoperability challenges, ensure data management continuity and scale from a single physician office to a multi-hospital enterprise."
Terms of the transaction are not disclosed.