Samsung Electronics has announced an agreement to acquire Xealth, a healthcare integration platform that merges digital health tools and care programs for the benefit of patients and providers. This acquisition aims to enhance Samsung's position in connected care by integrating wellness and medical care.
The collaboration will focus on unifying fragmented health information and empowering individuals to manage their health more effectively. Currently, there is a separation between customer health data from wellness tools and clinical records at hospitals, which can lead to missed insights and delayed care. The synergy between Samsung’s wearable technology and Xealth’s platform aims to bridge this gap, centering on the provider-patient relationship.
Samsung is committed to making digital health tools accessible through technological innovation and its diverse device ecosystem. The acquisition of Xealth supports Samsung's vision of connecting wellness with medical care at home.
Xealth was originally part of Providence Health System and integrates multiple digital health solutions into one interface, giving healthcare providers a comprehensive view of their patients. It currently connects with over 500 U.S. hospitals, including Advocate Health and Banner Health, alongside more than 70 digital health partners who will now have access to Samsung’s platform.
TM Roh, President of the Device eXperience Division at Samsung Electronics, stated: “Samsung aims to improve the health of everyone through our extensive platform combining Samsung’s innovative technologies and open collaboration with industry leaders.” He added that acquiring Xealth will anchor efforts to support health systems through connected care.
Mike McSherry, CEO of Xealth, expressed enthusiasm about joining forces with Samsung: “Xealth and Samsung share a common goal to advance the digital health space for truly connected care.” He emphasized that wearables could provide additional context missing from hospital data alone.
The acquisition is pending customary closing conditions including regulatory approvals and is expected to conclude within 2025.
About Xealth: Founded in 2017 after spinning out from Providence Health System, Xealth allows providers to prescribe digital content as easily as medications. Its investors include prominent healthcare organizations such as Advocate Health, Banner Health, Cleveland Clinic among others.