TearLab acquires AOA’s OcuHub technology platform
TearLab recently closed the acquisition of the assets of the OcuHub business unit from AOAExcel, Inc., the for-profit subsidiary of the American Optometric Association (AOA).
San Diego, CA-TearLab recently closed the acquisition of the assets of the OcuHub business unit from AOAExcel, Inc., the for-profit subsidiary of the American Optometric Association (AOA).
As of the close of the transaction, the OcuHub purchased assets and business activities will be operated as a wholly owned subsidiary of TearLab. Barry Barresi, OD, OcuHub’s CEO and former executive director of the AOA, will remain CEO of TearLab’s OcuHub subsidiary.
The net purchase was about $1.4 million.
OcuHub, powered by AT&T and Covisint, facilitates a shared care model with a single sign-on portal, which provides secure connectivity among doctors, patients, institutions, and payers. It is a subscription-based service that is HIPAA compliant.
OcuHub also offers electronic medical records software, image management and storage, practice management tools, and marketing programs.
Newsletter
Want more insights like this? Subscribe to Optometry Times and get clinical pearls and practice tips delivered straight to your inbox.
