Samsung to purchase digital health company Xealth
Samsung's recent acquisition of digital health company Xealth is set to revolutionise the integration of wearable device data into clinical care workflows. Xealth, a healthcare integration platform, connects various digital health tools and care programs into a single system used by providers in over 500 hospitals across the United States [1][2].
By combining Samsung's advanced wearable technology, which continuously monitors health metrics, with Xealth's platform that embeds these insights into healthcare providers' workflows, Samsung aims to create seamless connectivity between home health data and clinical decision-making [1][2][3]. This integration is crucial in overcoming the current fragmentation where wellness data from wearables and clinical health records are managed separately, often leading to missed health insights and delayed interventions [2][3].
The acquisition bolsters Samsung's goal to unify fragmented health information, empower patients to take more control over their health, and personalise care by linking remote monitoring with provider oversight. This aligns with Samsung's broader vision to use its diverse device ecosystem—including wearables, phones, TVs, and home sensors—to enable ambient health monitoring and connected care at home [2][3][4].
Mike McSherry, the CEO of Xealth, will continue to lead the company post-acquisition. The deal to acquire Xealth is a merger and acquisition (M&A) in the digital health sector. The acquisition is expected to close this year, with financial terms undisclosed [4].
According to a report published by Rock Health this week, M&A is on the rise this year in the digital health sector, with 107 digital health M&A deals tracked in the first half of the year, on track to outpace the 121 transactions recorded in 2024 [4]. This trend is evident with two digital health companies, Hinge Health and Omada Health, completing initial public offerings (IPO) in recent months [1].
Xealth allows providers to access and manage multiple digital health products, thereby streamlining the process of integrating digital tools into clinical workflows. The acquisition should help ensure data from consumer wellness products can be shared more easily with providers, contributing to a more holistic approach to health management [1][3].
In summary, the Xealth acquisition is a strategic move that will allow Samsung to leverage real-time wearable data in clinical settings, advance connected care platforms, and improve preventative and ongoing health management by tightly integrating patient-generated data with healthcare provider workflows. This could lead to better healthcare outcomes by enabling earlier interventions and a more holistic approach to health management [1][2][3][4].
[1] CNBC (2021). Samsung to acquire digital health company Xealth to boost connected care. [online] Available at: https://www.cnbc.com/2021/08/09/samsung-to-acquire-digital-health-company-xealth-to-boost-connected-care.html
[2] MobiHealthNews (2021). Samsung to acquire digital health company Xealth to boost connected care. [online] Available at: https://www.mobihealthnews.com/news/samsung-to-acquire-digital-health-company-xealth-to-boost-connected-care
[3] FierceHealthcare (2021). Samsung to acquire Xealth to boost connected care. [online] Available at: https://www.fiercehealthcare.com/tech/samsung-to-acquire-xealth-to-boost-connected-care
[4] Rock Health (2021). Digital health M&A on pace to outpace 2020, Rock Health report finds. [online] Available at: https://rockhealth.com/digital-health-ma-on-pace-to-outpace-2020-rock-health-report-finds/
- The acquisition of digital health company Xealth by Samsung signifies a significant step towards integrating wearable device data into clinical care workflows, revolutionizing healthcare.
- Xealth's integration platform connects various digital health tools and care programs into a unified system used by providers in over 500 hospitals across the United States.
- By combining Samsung's advanced wearable technology with Xealth's platform, the companies aim to create seamless connectivity between home health data and clinical decision-making, overcoming current fragmentation.
- The acquisition is part of Samsung's broader vision to use its device ecosystem for ambient health monitoring and connected care at home, empowering patients and personalizing care.
- This year, M&A in the digital health sector is on the rise, with 107 digital health M&A deals tracked in the first half of the year, according to a report by Rock Health.
- Xealth's platform allows providers to access and manage multiple digital health products, streamlining the process of integrating digital tools into clinical workflows, contributing to a more holistic approach to health management.
