North Carolina health IT firm Axial Exchange is acquiring mRemedy, which was formed as a joint venture between Mayo Clinic and DoApp Inc. in order to provide hospitals a mobile platform with which to stay connected to their patients. The terms of the transaction were not disclosed, but as a result of the deal, four Mayo Clinic doctors will become members of an advisory board at Axial Exchange. The doctors will provide clinical expertise to help in the ongoing development of Axial’s products.
Additional coverage: Healthcare Informatics
MedCity News by Arundhati Parmar