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news.Johnson & Johnson has announced the acquisition of HealthMedia, a privately held company located in Ann Arbor, Michigan, as an initial step in the creation of a wellness and prevention business platform. Terms of the transaction were not disclosed.
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HealthMedia’s suite of interventions reportedly provides automated web-based coaching for wellness, disease management, behavioral health and medication adherence with proven outcomes, increased compliance, reduced medical utilization, and increased productivity.
William Weldon, chairman and CEO of Johnson & Johnson, said: “It is exciting for Johnson & Johnson to establish a new business platform to offer customers meaningful products and services focused on wellness and prevention that reduce healthcare costs, and at the same time, deliver new growth for our company.
“This acquisition represents a critical first step in Johnson & Johnson’s commitment to providing products and services that enable consumers to adopt lifestyles and behaviors that reduce the risk of preventable chronic diseases and sustain good health.”