What you should know:
- Validic acquired Trapollo LLC assets, which are a provider of connected health services, technical support and device logistics that help healthcare organizations provide care to patients at home. Trapollo, Inc. is the sole owner of Trapollo.
- Validic has acquired Trapollo’s assets to enhance its core capabilities and make personalized healthcare accessible for patients as well as clinicians. Validic’s EHR-integrated healthcare app ingests remotely collected health data from the world’s largest health IoT platform to help healthcare organizations personalize chronic condition management, remote care, and support for healthy living.
- The financial details of the transaction were not revealed. As part of the acquisition, Trapollo’s former distribution center, which will now be operated by Validic, will remain in Sterling, VA. With the transaction, Cox becomes an investor in Validic.
