MARLBOROUGH, Mass., Aug. 3, 2015 /PRNewswire/ -- Boston Scientific (NYSE: BSX) has become a significant shareholder and will become the exclusive worldwide sales and marketing representative for Preventice Solutions for cardiology-related diagnostic and monitoring offerings.
Through this alliance, Boston Scientific will expand its commercial presence into the $1 billion cardiac diagnostics and monitoring market by gaining access to a wireless monitoring portfolio linked to an integrated remote monitoring platform. This relationship with Preventice Solutions reinforces Boston Scientific's commitment to demonstrating the benefits of remote monitoring for a broad range of patients.
Preventice Solutions, a privately held company, is a leading developer of mobile health solutions and services and offers a full portfolio of wearable cardiac monitors, including Holter monitors, cardiac event monitors and mobile cardiac telemetry. These technologies are complemented by monitoring services including data transmission, surveillance, reporting, interpretation and integration into a healthcare provider's workflow.
"As our healthcare environment continues to evolve, healthcare practitioners, administrators and payors are looking for solutions that identify relevant clinical insights from large volumes of patient data and integrate those insights to improve clinical decision-making," said Joe Fitzgerald, executive vice president and president, Rhythm Management, Boston Scientific. "This collaboration with Preventice Solutions, which has an infrastructure optimized to monitor hundreds of thousands of patients each year, is a critical step in our effort to improve patient outcomes and reduce healthcare costs."
Cardiac monitoring is a critical component required for the diagnosis of many arrhythmias that require clinical intervention. Preventice Solutions' portfolio includes the PatientCare Platform and the BodyGuardian® family of products.
About Boston Scientific
Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader for more than 35 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare. For more information, visit www.bostonscientific.com and connect on Twitter and Facebook.
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Boston Scientific Corporation
Susie Lisa, CFA
Boston Scientific Corporation
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SOURCE Boston Scientific Corporation