Agreement includes financial investment in AirStrip and expanded use
of its mobile patient monitoring software
NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 17, 2012--
HCA (NYSE:HCA) today announced a collaboration with AirStrip
Technologies, Inc. that includes expanded use of AirStrip’s mobile
patient monitoring software and a financial investment in the company.
HCA’s Health Insight Capital subsidiary invested in AirStrip alongside
the expansion of HCA and AirStrip’s commercial collaboration. Health
Insight Capital makes equity investments in early stage companies that
are selected to provide innovative solutions for use in HCA’s operations.
“AirStrip is a leading innovator that we have worked with for several
years,” said R. Milton Johnson, HCA’s President and Chief Financial
Officer. “Our collaboration with AirStrip promotes quality patient care
by offering physicians the latest technology to access real-time patient
data on mobile devices, while our investment facilitates the expansion
of AirStrip’s platform and capability. We are pleased that Health
Insight Capital’s investment activities continue to support demonstrated
innovators in the healthcare sector.”
HCA will expand the availability of AirStrip products to physicians at
its hospitals. AirStrip CARDIOLOGY, has been in use at a limited number
of HCA facilities but soon will be available for broader use by
HCA-affiliated physicians. The software allows physicians to view
real-time electrocardiograms (ECGs) and access historical ECG data on
mobile devices. Physicians at most HCA hospitals that offer obstetrical
services have been using AirStrip OB, which enables obstetricians to
remotely monitor fetal heart rates, since 2007.
Other terms of the agreement were not disclosed.
All references to “Company” and “HCA” as used throughout this release
refer to HCA Holdings, Inc. and its affiliates.
Source: HCA Holdings, Inc.
HCA Holdings, Inc.