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Qualcomm Life buys HealthyCircles

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Qualcomm Life Inc. acquired San Diego-based HealthyCircles, supporting its mission to enable technology and health care collaborators to drive forward the adoption of wireless health solutions.

The integrated, interoperable software as a service (SaaS) Care Orchestration Engine connects health care professionals, patients, families and caregivers to manage a patient’s care transitions beyond the hospital and into the home.

The announcement was made at the American Telemedicine Association (ATA) International Meeting & Trade Show being held at the Austin Convention Center in Austin.

The HealthyCircles Care Orchestration Engine will provide 2net Ecosystem members with a scalable platform to build upon, enabling new collaborative care models for engaging the care team, expanding care management capacity and optimizing workflow efficiencies.

HealthyCircles’ service oriented architecture was designed to address a new reimbursement landscape under the Affordable Care Act (ACA), driving a shift from provider centric, fee-for-service models to patient centric, quality or outcome based reimbursement models.

With more than 400 Accountable Care Organizations in the U.S. and growing, HealthyCircles provides efficient and interoperable systems for demonstrating and accelerating the value of wireless health in reducing costs and improving overall coordination of care.

“Our 2net customers have been asking for care provider and consumer-facing applications and tool sets to enhance the user experience of their wireless solutions and health devices,” said Rick Valencia, vice president and general manager, Qualcomm Life, a Qualcomm Inc. (Nasdaq: QCOM) subsidiary.

HealthyCircles not only expands and enriches Qualcomm Life’s offering to 2net Ecosystem members, but also will bring a professional team with broad industry experience in readmission reduction, privacy and security regulation and clinical workflow.

James Mault, founder of HealthyCircles and a cardiothoracic surgeon by training, joins Qualcomm Life as vice president and chief medical officer.

HealthyCircles was a portfolio company of SilverStream Capital LLC, an investment management firm focused on software, health care technology and health care services.

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Irwin Mark Jacobs

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Derek Aberle

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NAICS - 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
SIC - 3663 - ELECTRONIC COMPONENTS, NOT ELSEWHERE CLASSIFIED
SIC - 3663 - RADIO AND TELEVISION BROADCASTING AND COMMUNICATIONS EQUIPMENT

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2012