US Edition
Samsung to buy US healthcare services company Xealth
UNITED STATES, JUL 8 – Samsung will integrate Xealth's digital health platform with its wearable technology to unify health data and enhance clinical care across over 500 U.S. hospitals, expanding its healthcare services.
- Samsung Electronics announced on Tuesday it signed an agreement to acquire US-based digital health platform Xealth.
- The deal follows Samsung's ambition to expand its healthcare services and expects to close before the end of 2025.
- Xealth enables providers to manage digital health tools across over 500 US hospitals and partners with more than 70 firms.
- Xealth CEO Mike McSherry said wearable data can "fill in context that is missing to hospitals" and enable new data analysis.
- Samsung expects the acquisition to advance its connected care platform by integrating wearable data with clinical records for preventative care.
Insights by Ground AI
Does this summary seem wrong?
29 Articles
29 Articles
Samsung buys Xealth to integrate its wearables into the healthcare system
Samsung is making a bigger push into healthcare. It is buying Xealth, a platform focused on digital health tools and care programs. Terms of the deal, such as the purchase price, haven't been disclosed. Samsung expects the acquisition to be wrapped up by the end of the calendar year, pending closing conditions (such as any necessary regulatory approvals). Samsung says the deal will help to advance its "transformation into a connected care platfo…
·United States
Read Full Article
Coverage Details
Total News Sources29
Leaning Left3Leaning Right2Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 27%
C 55%
R 18%
Factuality
To view factuality data please Upgrade to Premium
