Union City health tech company acquired
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Union City-based Equis Consulting Group is under new ownership. The company, which provides clinical and consultative services for remote patient monitoring and management, has been acquired by Maryland-based Rhythm Management Group, though financial terms were not disclosed.
Equis Consulting helps monitor patients at hospitals and clinics throughout the country who are being remotely followed, according to the company’s website. The company says it monitors defibrillator and pacemaker patients, as well as loop recorders and heart failure management, among other services.
Rhythm also provides remote monitoring services and says the acquisition of Equis Consulting makes it the largest full-service remote cardiac monitoring company in the country.
“The acquisition of Equis further solidifies our commitment to providing the best and most seamless remote monitoring experiences to our customers and their patients,” Rhythm CEO Rhonda Bray said in written remarks. “By bringing our teams and our resources together, we will further increase our ability to improve healthcare and make remote patient care better, easier, and more rewarding.”
Equis Consulting co-founder and former CEO David Zimmers will serve as director of customer integrations at Rhythm.
Rhythm says it plans to fully integrate the Equis brand and staff to the Rhythm brand over the next several weeks.
“The integration of our company as a fully-owned entity into Rhythm is a testament to the passion and commitment our employees have shown to improving healthcare,” said Zimmers. “The fact is, our organizations are stronger together and we remain fully dedicated to meeting the needs of our customers and the patients we serve.”
Rhythm is a woman-founded and minority-owned company that also has an office in New York.
Equis Consulting also has offices in Alabama, Colorado, Illinois, Mississippi, North Carolina and Florida. Rhythm did not specify if any Equis offices would be negatively affected by the deal.