Announced
Completed
Synopsis
York Capital, a global institutional investment management firm, completed the investment in AMC Health, a telehealth and remote patient monitoring provider. Financial terms were not disclosed. "AMC Health's appeal stems from its robust product suite incorporating advanced data analytics, machine learning, remote patient monitoring and clinical services. There is a considerable excitement around the possibilities for RPM, and AMC Health is uniquely positioned and skilled in a wide breadth of functional areas to capitalize on the opportunity. Having completed extensive market and company analysis, we are confident that our investment in AMC Health strongly aligns with our goal of backing healthcare businesses that reduce systemic costs and create opportunities for superior clinical outcomes," Seth Pearson, York Managing Director.
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