Cox Communications announced that it has acquired Trapollo, a leading provider of managed services that enable healthcare providers, home health agencies, and insurers to successfully deploy telehealth and remote health monitoring solutions.
"The Trapollo acquisition allows us to play a more strategic role in the deployment of healthcare technologies in the homes of patients across the country."
"We believe that the home will be an increasingly important node within the healthcare delivery architecture," said Asheesh Saksena, EVP and Chief Strategy Officer of Cox Communications. "The Trapollo acquisition allows us to play a more strategic role in the deployment of healthcare technologies in the homes of patients across the country."
Based in Sterling, Virginia, U.S., Trapollo designs, deploys, and manages large scale nationwide telehealth and remote health monitoring programs for chronic disease management, independent living, and employer health and wellness programs.
"Becoming a part of Cox is a unique opportunity for our company, employees and customers," said Todd Leto, Co-Founder and CEO of Trapollo. "With Cox's long-term commitment and shared vision, we will have the resources to provide our existing and future customers with the solutions necessary to successfully design and implement effective remote health monitoring programs."
Trapollo will retain its current leadership and brand while benefiting from the track record that Cox has of building successful businesses across a variety of industries.
The acquisition of Trapollo is another example of Cox's commitment to bringing world-class healthcare to the home through innovative telehealth and home health solutions. Earlier this year, Cox announced the formation of Vivre Health, a strategic alliance with Cleveland Clinic, and an investment in HealthSpot, a pioneer in patient and provider driven telehealth technology.