"We believe that the home will be an increasingly important node within the healthcare delivery architecture," said Asheesh Saksena, executive vice president and chief strategy officer, Cox Communications. "The Trapollo acquisition allows us to play a more strategic role in the deployment of healthcare technologies in the homes of patients across the country."
Based in Sterling, Virginia, Trapollo designs, deploys and manages large scale nationwide telehealth and remote health monitoring programs for chronic disease management, independent living, and employer health and wellness programs.
"Becoming a part of Cox is a unique opportunity for our company, employees and customers," said Todd Leto, co-founder and chief executive officer, Trapollo. "With Cox's long-term commitment and shared vision, we will have the resources to provide our existing and future customers with the solutions necessary to successfully design and implement effective remote health monitoring programs."
Trapollo will retain its current leadership and brand while benefiting from the track record that Cox has of building successful businesses across a variety of industries.
The acquisition of Trapollo is another example of Cox's commitment to bringing world-class healthcare to the home through innovative telehealth and home health solutions. Earlier this year, Cox announced the formation of Vivre Health, a strategic alliance with Cleveland Clinic, and an investment in HealthSpot, a pioneer in patient and provider driven telehealth technology.
About Cox Communications
Cox Communications is a broadband communications and entertainment company, providing advanced digital video, Internet, telephone and home security and automation services over its own nationwide IP network. The third-largest U.S. cable TV company, Cox serves approximately 6 million residences and businesses. Cox Business is a facilities-based provider of voice, video and data solutions for commercial customers, and Cox Media is a full-service provider of national and local cable spot and digital media advertising. Cox is known for its pioneering efforts in cable telephone and commercial services, industry-leading customer care and its outstanding workplaces. For eight years, Cox has been recognized as the top operator for women by Women in Cable Telecommunications; Cox has ranked among DiversityInc's Top 50 Companies for Diversity 10 times, including the last nine years. More information about Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at www.cox.com and www.coxmedia.com.
About Trapollo
Trapollo LLC is the leading integrator of remote health monitoring solutions designed for chronic disease management, independent living, and employer health and wellness programs. Trapollo designs, deploys, and manages large scale nationwide programs for insurance providers, health systems, home health organizations, and government agencies. With offices in Northern Virginia, Trapollo is focused on the explosive field of Telehealth/Remote Health Monitoring. Trapollo's customers rely on their purpose built software application combined with their logistics services to manage every aspect of remote monitoring programs. Trapollo draws from its broad portfolio of products and services to design and implement programs that cover every stage of the remote health monitoring lifecycle, including but not limited to: product selection and acquisition, program financing, asset and logistics management, in-home installations, user training, monitoring, triage services, customer and technical support, and patient-to-patient transfers of the equipment. For further information, please see our web site at www.trapollo.com.
SOURCE Cox Communications
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