• SKIP TO CONTENT
  • SKIP NAVIGATION
  • Patient Resources
    • COVID-19 Patient Resource Center
    • Clinical Trials
    • Search Clinical Trials
    • Patient Notification System
    • What is Clinical Research?
    • Volunteering for a Clinical Trial
    • Understanding Informed Consent
    • Useful Resources
    • FDA Approved Drugs
  • Professional Resources
    • Research Center Profiles
    • Clinical Trial Listings
    • Market Research
    • FDA Approved Drugs
    • Training Guides
    • Books
    • eLearning
    • Events
    • Newsletters
    • JobWatch
    • White Papers
    • SOPs
    • eCFR and Guidances
  • White Papers
  • Trial Listings
  • Advertise
  • COVID-19
  • iConnect
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » ContextMedia acquires AccentHealth

ContextMedia acquires AccentHealth

November 21, 2016
CenterWatch Staff

ContextMedia, a healthcare decision platform, will acquire AccentHealth, which provides best-in-class patient education at the point of care, in an all-cash purchase. Through this acquisition, ContextMedia becomes the largest healthcare decision platform at the point of care in the U.S., with a rapidly growing reach across clinics, hospitals and health systems. In 2016, ContextMedia has been adding nearly 1% of all practices in the country each month and continues to grow rapidly in pursuit of ubiquitous presence of its healthcare technologies into every consultation room in the world. The company believes it will have a presence in 70% of all practices in the U.S. by 2020.

"ContextMedia has a vision to embed actionable information and intelligence into every critical healthcare decision," said Rishi Shah, ContextMedia chief executive officer and founder. "Our healthcare decision technologies drive better health outcomes by empowering collaboration between consumers and their healthcare providers, transforming the communication of treatments and conditions, offering assessment technology for early detection and simplifying complex health information."

Seventeen-point-five percent of the U.S. GDP is currently spent on healthcare, and 80% of these costs are attributable to chronic condition treatments according to the CDC. With the measurable impact of ContextMedia's technology in improving comprehension, conversion and compliance of chronic disease treatments and lifestyle choices, the company has the opportunity to create unprecedented positive economic and social outcomes. In one recent study conducted by the Centers of Medicare & Medicaid Services, a medical group utilizing the ContextMedia decision platform saw up to 10% incremental cost savings per Medicare patient after incorporating ContextMedia's technologies.

With a portfolio of interactive technologies developed by ContextMedia such as large format tablets that offer physicians 3D anatomical and condition models as well as video-based patient engagement and assessment tools, the company continues to innovate and expand its portfolio. ContextMedia will invest in bringing its technologies into AccentHealth's network of practices to continue transforming the way healthcare providers and patients make healthcare decisions together. With the acquisition of AccentHealth, ContextMedia will reach 55,000 healthcare locations, a scale that is unmatched in the industry.

"We are pleased to have reached this agreement with ContextMedia," said Dan Stone, CEO of AccentHealth. "This deal will accelerate growth and innovation at the point of care to benefit the patients we serve. ContextMedia is respected in the industry for technology innovation at scale and we are deeply aligned on the mission to educate and empower people to live healthier lives."

"This acquisition brings us closer to our vision of achieving ubiquity," said Shah. "The expanded presence of our platform will accelerate our ability to drive positive health outcomes at scale."

Upcoming Events

  • 24May

    Powering an Effective Oversight Strategy with Clinical and Operational Insights

  • 25May

    2022 WCG Avoca Quality & Innovation Summit: Own the Future

  • 28Jun

    Effective Root Cause Analysis and CAPA Investigations for the Life Sciences

  • 16Oct

    WCG MAGI's Clinical Research Hybrid Conference - 2022 West

Featured Products

  • Spreadsheet Validation: Tools and Techniques to Make Data in Excel Compliant

    Spreadsheet Validation: Tools and Techniques to Make Data in Excel Compliant

  • Surviving an FDA GCP Inspection

    Surviving an FDA GCP Inspection: Resources for Investigators, Sponsors, CROs and IRBs

Featured Stories

  • Protocol-360x240.png

    Avoid Deviations by Making Protocol Review a Team Effort

  • SelectionProcess-360x240.png

    Give Us a Voice: Sites Clamor for a Say on Vendor Selection

  • Convince-360x240.png

    Use Data and Details to Convince Site Leadership to Add Staff

  • AsktheExpertsBadge-360x240.png

    Ask the Experts: Listing Trial Staff and Others on the Statement of Investigator

Standard Operating Procedures for Risk-Based Monitoring of Clinical Trials

The information you need to adapt your monitoring plan to changing times.

Learn More Here
  • About Us
  • Contact Us
  • Privacy Policy
  • Do Not Sell My Personal Information

Footer Logo

300 N. Washington St., Suite 200, Falls Church, VA 22046, USA

Phone 617.948.5100 – Toll free 866.219.3440

Copyright © 2022. All Rights Reserved. Design, CMS, Hosting & Web Development :: ePublishing