Best Buy eyes wireless health opportunity


In the fall of 2004, news broke that Best Buy planned to launch a new chain of retail stores, called Eq-Life, that targeted middle-age women shoppers. Eq-Life would help them access technology and resources to manage their family's health. At the time, a Best Buy spokeswoman said that Eq-Life was serving an "uncharted industry."

Study: mHealth reduces length, frequency of hospitalization

A study set to be published in the upcoming issue of the Journal of Medical Internet Research found that mobile phone-based telemonitoring of patients with chronic heart failure (CHF) has the potential to reduce frequency and duration of heart failure hospitalizations. The study also included a caveat that ensuring elderly patients, in particular, could use the mobile phone-based service's user interface comfortably would be a key challenge for any mobile-based service.

Healthcare to Go: Remote Patient Monitoring Devices Will Deliver $950 Million Revenue in 2014, According to ABI Research

NEW YORK-- The market for wireless devices that monitor patients' condition and report that data to healthcare providers is on the verge of explosive growth, according to a new study from ABI Research. Over the next few years it will show a remarkable 77% compound annual growth rate (CAGR) resulting in global revenue of almost $950 million in 2014.

Cost-saving potential

Direct reimbursement: Key to remote patient monitoring?

The market for remote patient monitoring is set to achieve double digit growth in North America, according to a recent report from Frost & Sullivan, so long as successful payment strategies are implemented. Last year the remote patient monitoring market made more than $98.2 million, but the market could top $428.6 million by 2015. Frost points to direct reimbursement as one type of payment strategy that needs to mature for the market to grow at this rate.

Frost & Sullivan: Smart Payment Strategies Enable Growth in Home Health Care

MOUNTAIN VIEW, Calif., Aug. 14 -- The implementation of successful payment strategies enables the North American home healthcare and disease management markets for remote patient monitoring to achieve double digit growth in the traditionally mature patient monitoring space. The single largest factor for growth in this highly mature market is the increasing incidence of cardiovascular disease (CD) in the U.S.