Fitbit

By Heather Mack June 21, 2017
As we’ve reported regularly for the past several months, Fitbit has made increasingly targeted moves to wedge itself deeper into the healthcare ecosystem. No longer able to rely on the consumer market alone to stay financially healthy, the company has continually upped the ante to prime itself as a digital health company in its own right. There have been many efforts as of late, including...
By Jonah Comstock June 20, 2017
Apple is allegedly working with health startup Health Gorilla to bring patient medical records to the smartphone. According to a CNBC report, the Sunnyvale, California-based company is helping Apple bring diagnostic data like blood work into the iPhone. Apple’s rumored efforts to create a personal health record, if true, are going to have to overcome the same challenges that Google Health faced...
By Heather Mack May 31, 2017
Cure Forward shuts down. Cure Forward, a clinical trial matching platform aimed at cancer patients, has shut down its operations. The Cambridge, Massachusetts startup launched in 2015 with $15 million in venture backing, but was unable to generate new revenue going forward. In a message on its website, Cure Forward referred visitors to its site to the Cancer Support Community in their quest to...
By Heather Mack May 25, 2017
The proliferation and ever-increasing sophistication of wearable activity trackers makes clear that we have come a long way from analog pedometers and clunky heart rate monitors, but new research suggests those metrics may be the only ones modern wearables can accurately track. Stanford researchers took a hard look at seven different consumer wearables with a group of 60 volunteers, who wore the...
By Heather Mack May 11, 2017
Fitbit’s activity-tracking wearables may be a common features of many corporate wellness programs – their products are currently in use by over 1,300 companies – but all those step challenges and healthy lifestyle motivators aimed at lowering healthcare costs still only make up about 10 percent of the company’s revenue. So, in order to best position their enterprise strategy, Fitbit is merging...
By Jonah Comstock May 4, 2017
Fitbit is showing signs of rebounding after a weak Q4 that saw layoffs and restructuring for the wearable company. In its Q4 earnings call, the company reported a net loss per share of 15 cents, compared to a projected loss of 18 percent.  “Twenty-seventeen marks a 10-year anniversary for the company,” CEO James Park said on the company’s earnings call. “We have accomplished much over this period...
By Jonah Comstock April 12, 2017
Indian doctor-finder app raises $3M. Indian startup Lybrate, which helps patients in its home country connect to doctors – both in person and by telemedicine – raised another $3 million, Tech Crunch reported, in a round with undisclosed investors. The company now has $15 million in investment funding. As TechCrunch points out, Lybrate is a direct competitor with Practo, which has raised $180...
By Jonah Comstock March 28, 2017
Whatever happened to Samsung's Simband? Fast Company has a deep dive today on the story behind Samsung's Simband wearable and SAMI platform, which were announced in a big way back in 2014 but aren't yet available commercially. The article tells the story of how Samsung rushed the program to launch in an effort to pre-empt the Apple Watch, then largely backed off the project once it became clear...
By Heather Mack March 7, 2017
Telemedicine provider Teladoc has appointed Kenneth H. Paulus to its board of directors, where he will serve on two committees: Nominating & Corporate Governance and Quality & Safety. Paulus has held leadership positions at a number of large health organizations and served as CEO for borth Allina Health and Atrius Health System. He also worked as the chief operating officer at Partners...
By Jonah Comstock March 6, 2017
It may not be the smartwatch competitor promised on a recent earnings call, but Fitbit did announce a new device today that combines the advantages of two of its existing trackers. With the Fitbit Alta HR, the wearables company has added the PurePulse heart rate tracking technology from devices like the Fitbit Charge HR to the slimmer fashion-forward Fitbit Alta. The new version of Alta also adds...