GE buys Monica Healthcare for digital fetal monitor
GE Healthcare announced that it has acquired Monica Healthcare and its connected fetal monitor technology.
Monica makes a Bluetooth-connected fetal monitor called the Novii Wireless Patch System. The single-use patch monitors maternal heart rate, fetal heart rate, and uterine activity. It was FDA cleared in 2014 and builds on an older technology called the AN24 system that was cleared in 2011. The technology performs especially well on pregnant people who are obese, a situation where traditional doppler ultrasounds are less reliable.
“Through this acquisition, we will combine the expertise and mobile-digital innovation from the Monica team with GE Healthcare’s longstanding industry leadership and customer focus – all with the goal of bettering maternal and infant care for patients worldwide,”Tammy Noll, general manager of GE Healthcare’s Maternal-Infant Care division, said in a statement.
Monica CEO Carl Barratt added that joining GE and combining the digital offerings will enable to serve more customers around the world.
Founded in 2005, Monica Healthcare was one of the early players in the digital health space. GE Healthcare's relationship with the company isn't totally new: it has been a distribution partner since 2015. According to Catapult Ventures, Monica's technologies were used by more than 100,000 patients last year at approximately 1,000 sites across Europe, Asia and North America.
Terms of the deal were not disclosed.