Fitbit

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...
By Jonah Comstock February 23, 2017
The hard financial news wasn't good on Fitbit's fourth quarter earnings call: The company's revenue, at $574 million, was down 19.3 percent year-over-year, and down $2 million from the company's projection. It was also the second consecutive quarter that the company missed its earnings target. Fitbit released a statement a few weeks ago detailing the immediate plan to get earnings back on track:...
By Jonah Comstock February 20, 2017
Carolinas HealthCare System Vice President of Information and Analytics Services Pamela Landis introduced the MyCarolinas tracker program at HIMSS 2016, just about a year ago. At the Digital and Personal Connected Health event at HIMSS today, Landis revisited the ongoing program and shared data and results from some small pilots at the hospital.  MyCarolinas Tracker is an app that lets patients...
By Jonah Comstock February 8, 2017
Fitbit's alleged theft of trade secrets from Jawbone, already the subject of a closed ITC case and an ongoing civil court, is being investigated in a third and more serious venue: a criminal grand jury probe, conducted by the Department of Justice and the Department of Homeland Security, that has been looking into the matter for five months, according to a new court filing by Jawbone. Bloomberg...
By Jonah Comstock February 1, 2017
Apple sees health as the future, the Apple Watch as the present. On Apple's Q1 conference call, CEO Tim Cook almost didn't mention the company's healthcare operations or aspirations at all. But in response to the final investor question, when asked whether future updates to the iPhone would be incremental, Cook alluded to health as one of the areas where the company sees substantive...
By Jonah Comstock January 30, 2017
Fitbit will lay off 110 employees, 6 percent of its global workforce, as part of a reorganization designed to save the company $200 million in operating expenses after the wearable leader underperformed in the fourth quarter. The Information broke the story yesterday, saying as many as 10 percent of Fitbit's employees might be laid off, but the company's announcement today confirmed the lower...
By Heather Mack January 16, 2017
Health enterprise SaaS company Welltok announced an expanded partnership with IBM Watson Health. Health managers using Welltok’s CafeWell Health Optimization Platform to organize individual’s health resources and benefits will have the data analytics and cognitive computing technology of IBM Watson to improve their approach to consumer health, including episodic clinical care and everyday...