Announced
Completed
Financials
Sources
Tags
Medical Equipment
United States
pressure injury
Acquisition
pressure prevention
Private
Completed
Single Bidder
Friendly
Majority
Synopsis
Smith & Nephew, a global medical technology firm, completed the acquisition of Leaf Healthcare, a developer of Leaf Patient Monitoring System for pressure injury prevention and patient mobility monitoring. Financial terms were not disclosed. The Leaf Patient Monitoring System is comprised of a small, lightweight, wearable sensor that wirelessly monitors a patient's position and their mobility whilst in a hospital. The tracking data is used to automate and document the compliance with prescribed turn protocols for patients at risk for pressure injuries. "Consistent with our initial strategic investment, Smith & Nephew is focused on providing not just products to treat conditions, but also supporting clinicians with technologies designed for prevention as well as treatment, and helping healthcare facilities reduce the cost of care. The Leaf Patient Monitoring System is highly complementary to Smith & Nephew's existing wound portfolio and we are excited by the opportunities of expanding this product within our global portfolio," Simon Fraser, Smith & Nephew President of Advanced Wound Management.
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