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Philips Acquires Wellcentive

July 20, 2016 News 6 Comments

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Royal Philips announced this morning that it has acquired population health management software vendor Wellcentive. Terms were not disclosed.

Atlanta-based Wellcentive and its 115 employees has been placed within the Population Health Management group of Philips, which Wellcentive CEO Tom Zajac will lead.

Philips CEO Connected Care and Health Informatics CEO Jeroen Tas was quoted in the announcement as saying, “With this strategic acquisition, we will strengthen our Population Health Management business and its leadership, as health systems gradually shift from volume to value-based care, and provide more preventative and chronic care services outside of the hospital. Our sweet spot is at the point of care as we give consumers, patients, care teams, and clinicians the tools, such as remote monitoring solutions and therapy devices, to optimize care. Wellcentive’s solutions will provide our customers with the ability to collect data from large populations, detect patterns, assess risks, and then deploy care programs tailored to the needs of specific groups.”

I interviewed Wellcentive CEO Tom Zajac in August 2015.



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Currently there are "6 comments" on this Article:

  1. Let me see if have this right. Tom W was at the helm at Sandlot (a SRC company that is now defunct) now he’s promoted to CEO? Man, I need a job like that!

  2. FCGeez – No, he wasn’t promoted to CEO. The company where he was the CEO was bought out, so now he’s sort of being demoted to be the head of a group within Phillips.

  3. Fact Check guys – Wrong Guy/Wrong Company. Sandlot is a HIE company that failed. Wellcentive is a leader in PHM. Zajac was Wellcentive’s CEO, has been in HC 35 years, and will now run all of Philips PHM solutions.

  4. As I stated, Tom W was at the helm of Sandlot which was a Santa Rosa company. He’s now the CEO of SRC.

  5. Ok @FCGeez, correct facts, just totally irrelevant to the article. Thanks for your contribution.

  6. Bob, I was making a comment about the Tom Watford post on histalk2. I can’t help you didn’t read down past the article. I can’t help where HIStalk decides to show the comments either.
    Now go back to looking for Pokemom.

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