Cardiovascular Systems completed the acquisition of a minority stake in CarePICS.

Cardiovascular Systems, a peripheral and coronary vascular disease treatment provider, completed the acquisition of a minority stake in CarePICS, a digital health application. Financial terms were not disclosed. “As the leader in the treatment and study of patients with PAD and CLI, we are excited to announce our investment in a digital SaaS product and data driven solution designed to improve patient outcomes. We believe that CarePICS will accelerate patient access to the appropriate treatment at the right time, resulting in improved care and reduced amputations. Over time, the outcome data being gathered through the CarePICS platform across various providers, patients, treatments and care plans can become an industry-leading source of actionable, clinical insights and further improve patient care,” Scott R. Ward, CSI Chairman, President and CEO.