SOC Announces Acquisition of NeuroCall, Reinforces Its Leadership Position in Tele-Neurology Services
Reston, VA – February 02, 2017 – Specialists On Call, Inc. (“SOC”), a portfolio company of Warburg Pincus LLC and the nation’s leading provider of clinical telemedicine technology and services to acute care hospitals, announced today that it has acquired NeuroCall, Inc. the second leading provider in the space. Both organizations are Joint Commission accredited and focus on clinical excellence having cumulatively provided over 280,000 neurology teleconsultations to date. The combined organization will cover over 350 acute care hospitals and systems nationwide for tele-neurology consultations.
Specialists on Call is pleased to have our NeuroCall colleagues join us as we continue expanding our industry leading telemedicine offerings,” said Mr. Hammad Shah, CEO of Specialists On Call, Inc. “This combination will help us achieve our vision of transforming healthcare by enabling patients to have increased access to the highest quality care via a technology-enabled platform. To that end our intent is to augment our organic growth with strategic partnerships and acquisitions that will enable us to further consolidate our position as the leading comprehensive solution provider in the acute telemedicine market.”
“We are excited to join forces with Specialists on Call and together increase our coverage of acute care facilities needing a robust solution relating to specialist shortages,” said Mr. Mauricio Sirvent, CEO of NeuroCall, Inc.
Sirvent will assume the role of General Manager for the Neurology business and report directly to Shah.
The announcement follows other milestones recently accomplished by SOC including the launch of a touch screen telemedicine cart and the introduction of a flexible, turnkey, managed services technology and operations platform for hospitals to customize and build their telemedicine programs. In addition, SOC raised $50 million in new capital late last year which will be used to fund their increased investments and expansion of capabilities as they continue rolling out innovative telemedicine products and services.