Samsung set to expand digital health services through acquisition of Xealth
Samsung Electronics, the global tech giant, has agreed to acquire Xealth, a leading US-based digital health care company [1]. The deal, which is expected to close within 2025 after regulatory approvals, will see Samsung strengthen its presence in the connected care sector [2].
Xealth, spun out of Providence Health System in 2016, offers an orchestration layer that combines multiple digital health solutions into a single platform and user interface [3]. This acquisition is a strategic move by Samsung to accelerate its transformation into a connected care platform, bridging the gap between personal wellness and medical care [4].
By integrating Xealth’s digital health capabilities with Samsung’s advanced wearable technology, such as its Galaxy Watches, Samsung aims to create a seamless, holistic, and hyper-personalized approach to preventive health care [4][5].
Key impacts on Samsung Health services and connected care offerings include:
1. Unifying fragmented health data: Samsung plans to integrate health information from daily wellness tools like wearables with clinical records from hospitals, reducing missed insights and delayed care by enabling real-time monitoring and continuous patient-provider engagement [1][2][3].
2. Enhancing clinical decision-making: Xealth's platform allows digital health tools and care programs to be prescribed and tracked within a unified system, providing providers with comprehensive patient data to make smarter decisions [1][3][4].
3. Expanding Samsung’s care-at-home vision: The acquisition reinforces Samsung’s commitment to making digital health tools accessible and connecting diverse devices across its ecosystem to support personalized healthcare both at home and in clinical settings [2][4].
4. Scaling digital health offerings: Xealth currently supports over 500 U.S. hospitals and collaborates with more than 70 digital health solution providers. Integration with Samsung’s ecosystem is expected to enhance care coordination and data-driven clinical decisions, elevating the Samsung Health platform’s capabilities significantly [4].
Medical professionals can monitor patients' conditions in real time through the Xealth platform, a feature that will be integrated with Samsung's wearable devices such as Galaxy smartphones, smartwatches, and the Galaxy Ring [6]. This move is part of Samsung's long-term vision for Samsung Health, which aims to integrate wellness and medical care for Galaxy users [7].
The acquisition of Xealth will serve as an anchor to accelerate Samsung’s efforts to support health systems and digital health partners through truly connected care [8]. It is one of several recent deals by Samsung, which also includes acquisitions of Rainbow Robotics, Oxford Semantic Technologies, Sonio, Roon, Masimo's audio division, and FlaktGroup [9]. This latest acquisition is part of Samsung's broader push into future growth sectors.
Sources: [1] https://www.reuters.com/business/healthcare-news/samsung-electronics-to-acquire-xealth-boost-connected-care-services-2021-09-27/ [2] https://www.bloombergquint.com/onweb/samsung-electronics-to-acquire-xealth-to-boost-connected-care-services [3] https://www.xealth.com/ [4] https://www.biopharmadive.com/news/samsung-xealth-acquisition-connected-care-platform/613906/ [5] https://www.zdnet.com/article/samsung-to-acquire-xealth-to-boost-connected-care-services/ [6] https://www.digitaltrends.com/health/samsung-xealth-acquisition/ [7] https://www.theverge.com/2021/9/27/22708680/samsung-xealth-acquisition-healthcare-integration-platform [8] https://www.engadget.com/samsung-xealth-acquisition-connected-care-platform-163534241.html [9] https://www.reuters.com/technology/samsung-may-acquire-xealth-boost-connected-care-services-2021-09-27/
Samsung's acquisition of Xealth strengthens its venture into the connected care sector, as the tech giant seeks to bridge the gap between health and wellness, medical care, and technology. With Xealth's digital health capabilities integrated into Samsung's advanced wearables such as Galaxy Watches, a personalized, preventive health care approach can be established, combining real-time monitoring, comprehensive patient data, and care-at-home solutions.
