Royal Philips Expands Its Consumer Management Solutions In The U.S. With The Acquisition Of Medumo

Royal Philips, a global leader in health care technology, announced that it has expanded its consumer management solutions in the U.S. with the acquisition of Boston-based start-up company, Medumo. Founded in 2013, Medumo has developed a diagnostic consumer management platform for health care provider organizations to deliver consumer engagement and education services.

According to Adeel Yang, M.D., co-founder and chief executive officer of Medumo, the acquisition with Royal Philips is important, as both companies share the same goal of improving the lives of consumers by providing the most efficient care. Additionally, according to Matt Bierbaum . . .