Philips Ambulatory Monitoring and Diagnostics

Primary NAICS code

621512 · Diagnostic Imaging Centers

Headquarters

Malvern, PA

UEI

G9SMY1VYL5H6

CAGE

413E4

Philips Ambulatory Monitoring and Diagnostics develops connected ECG and cardiac monitoring solutions that extend diagnosis and patient management from the home to the hospital. Its roots trace to CardioNet’s 1994 founding, and Philips completed its acquisition of BioTelemetry in 2021, bringing together mobile cardiac telemetry, extended Holter monitoring and related clinical workflows under the Philips name. The company’s MCOT service combines wearable monitoring with cardiac-technician review, while its ePatch platform uses medical-grade AI to produce actionable extended-Holter reports.

• BioTelemetry, IncFounded as CardioNet in San Diego in 1994, BioTelemetry developed mobile cardiac monitoring technology and now provides connected ECG services and devices that help clinicians diagnose and manage arrhythmias beyond the hospital. Its signature MCOT system supports up to 30 days of monitoring, with cardiac technicians reviewing reports, while the company’s broader platform connects patient data to clinical workflows and electronic medical records. BioTelemetry became part of Philips in 2021 and is now externally known as Philips Ambulatory Monitoring & Diagnostics.ROCHESTER, NY
• LifeSignalsLifeSignals develops single-use wearable biosensors and cloud-based monitoring systems that capture and transmit clinical-grade patient data wirelessly, helping move care beyond the hospital bedside. Its UbiqVue platform combines a patented silicon processor with wearable devices and software for near-real-time multiparameter monitoring and Holter ECG services, while also supporting OEM integration. Founded by wireless technology engineers, the company works with global semiconductor and manufacturing partners to bring scalable monitoring to hospitals, homes, and ambulatory care.NEW YORK, NY
• PinMed IncPinMed develops high-fidelity cardiovascular monitoring systems and personalized software for clinicians, researchers, and health consumers working in demanding environments. Its flagship PELEX platform is a pocket-size, FDA-cleared diagnostic 12-lead ECG system that also supports ambulatory monitoring and wireless data transmission. The company also provides integrated research systems and custom solutions, including monitoring designed for MRI- and X-ray-guided procedures, and has been recognized with a National Innovation Award.PITTSBURGH, PA
• DRS.LINQFounded by cardiologist and medical administrator Rakesh Shah, DRS.LINQ is developing mHeart, a virtual cardiology platform that combines remote cardiac monitoring with mobile triage for episodes of chest discomfort. Its vEKG wearable captures a 10-lead ECG and other vital signs while the app gathers symptoms and medical history to help guide patients and clinicians toward urgent or elective care. The company’s focus is easing unnecessary emergency-room evaluations while extending cardiac-care access to rural and underserved communities.