BALA CYNWYD, Pa., May 5, 2021 /PRNewswire/ -- Connect America.com, LLC, a nationally recognized leading innovator in connected health solutions, announced today that it has signed a definitive agreement to acquire the Aging and Caregiving (ACG) business from Royal Philips (NYSE: PHG). The ACG business offers the Lifeline Personal Emergency Response System (PERS) and senior living solutions with 24/7 access to trained care specialists, and digital solutions that help caregivers stay connected and coordinate their loved one's needs.
Surprise (maybe) – Philips puts Lifeline business up for auction. How do I know this? Not from any news article other than PERS Insider, a newly created newsletter for those who track the medical alert industry. Probably given the Q1 profit drop, they had to do something about the steep revenue decline of their Personal Health businesses. You may not remember that Philips acquired the Lifeline business in 2006 for $750 million. What did they get for that investment? The leader in the “Medical Alert/Medical Alarm/PERS space.” You pick the term -- or let the search engine do it in order to show you each paid ad after paid ad.
You see PERS news releases on occasion. PERS -- Personal Emergency Response System -- is a long-time market dominated by pendants worn around the neck. Recently Parks Associates sized the PERS market to be $1.1 billion by 2024 -- others think it is a $3.1 billion market today. Also early in the year, Vidapoint was announced as a 'global' low cost offering. LifeStation announced Mobile LTE, small and fast, a pendant linked to a sizable 24-hour call center. Then in April, Verizon does it again, launches a PERS, this time a smart watch offering, called the Care Smart Watch for seniors. Let us remember Verizon’s last short attention span for this space. Its Sureresponse™ PERS pendant was new in this research conducted in 2012. The quotes are from executive Jonathan Hinds who departed in 2014, not coincidentally when Verizon stopped selling it. Sureresponse was mostly erased from the Internet by 2016, except for user documentation, online reviews, some not so hot.
RCare, Inc., maker of nurse call and monitoring solutions, announced today the release of their Rapid Deployment Wireless Nurse Call Kit created specifically for emergency situations. Designed for speed and ease-of-use, RCare’s Rapid Deployment Kit installs in only five minutes and offers a reliable, secure, 40-patient nurse call system in a box. RCare’s G4 platform provides best-in-class range to cover even the largest of campuses and deepen building penetration.
Global Wireless Health Limited (GWH) introduced Vidapoint™, a comprehensive yet cost-effective personal emergency monitoring solution for delivering help to elders -previously not available many places in the world. As a result it will help more organizations control and reduce the costs of potential elder injury and recovery and care–especially from falls.
BOCA RATON, Fla., Oct. 18, 2019 /PRNewswire/ -- For the nearly 90 percent of older adults who plan to age in place in their homes, MobileHelp®, a leader in mobile Personal Emergency Response Systems (mPERS) and healthcare technology, has created a product and service portfolio designed to provide continuous and unobtrusive assistance throughout the home – and outside of it.
Surprise (maybe) – Philips puts Lifeline business up for auction. How do I know this? Not from any news article other than 
You see PERS news releases on occasion. PERS -- Personal Emergency Response System -- is a long-time market dominated by pendants worn around the neck. Recently 