Wellcheck Cardiac Telemetry

Wellcheck Cardiac Telemetry

Value: Undisclosed

Wellcheck Cardiac Telemetry (https://www.wellchecktelemetry.com/) develops and sells provider-focused cardiac telemetry and remote patient monitoring solutions to physician group and hospital customers.

The purchase of Tampa-based Life Support Systems, Inc is Wellcheck’s platform acquisition.  Life Support is a licensed Independent Diagnostic Testing Facility providing cardiac telemetry monitoring services (i.e., Holter, Extended Holter, Mobile Cardiac Telemetry, Event Monitoring) to physician groups and their patients.

The transaction provides Wellcheck with the operational base to grow its cardiac telemetry services organically and through acquisition, and to extend its product line to the large and growing remote patient monitoring market.

Cypress Associates LLC acted as the exclusive buy side advisor to Wellcheck Cardiac Telemetry in the acquisition.