Dave Muoio

November 5, 2018
Fitbit’s push into the smartwatch and health space appears to have been a wise one, as the company announced during its earnings call that revenue has matched and in some cases surpassed expectations in the third quarter of 2018. The wearable maker reported 3.5 million devices sold and $394 million in revenue during the quarter, sales that the company noted came not only from fitness trackers but...
November 5, 2018
Hims, an online mail-order men’s health company that incorporates remote consultations for prescription products, is looking to double its potential customer base with the launch of a similar product line and service targeting women. “Hers” will offer a range of hair, skin and sexual health products for online order and delivery. Much like its male counterpart, ordering a product that requires a...
November 1, 2018
Clinical lab and life science services company LabCorp has signaled its latest consumer-focused shift with the announcement of a self-administered wellness test and online results portal. Called Pixel by LabCorp, the testing platform is ordered online by consumers, reviewed by a board-certified physician and then delivered to the consumer within a few days. After collecting a blood sample using...
November 1, 2018
The Centers for Medicare and Medicaid Services has locked in a rule that will allow home health agencies to report the cost of remote patient monitoring for reimbursement under Medicare. According to the announcement, released yesterday, this rule will be implemented in 2020. Alongside this change also came others regarding payment and safety standards for qualified home infusion therapy...
October 31, 2018
Yesterday afternoon the FDA announced that it would permit 23andMe to market its Personal Genome Service Pharmacogenetic Reports test. The test offers consumers information on whether they posses one of 33 variants across multiple genes that could impact their body’s ability to metabolize certain medications. The purpose of this test is to inform patients and encourage them to more thoroughly...
October 31, 2018
Smartphone blood lab startup 1Drop Diagnostics (not to be confused with other very similarly-named startup 1Drop or One Drop) has raised $4.25 million in a Series A financing round, the company announced today. The funding was led by investor Christian Wildmoser, with additional backing and support by Swiss Startup Group investor Dr. Hans-Peter Strebel, Beat Schillig of IFJ Institute for Young...
October 31, 2018
Accessing lab results on iPhones. LabCorp announced this week that it will be integrating with Apple's Health Record app, allowing patients to more easily access and manage lab test results produced by the company. These results will be viewable alongside health data provided by other healthcare services who have integrated with the app, so long as the user has a LabCorp Patient account. “Our...
October 31, 2018
Carrot, the Redwood City, California-based maker of a smoking cessation app and its paired, FDA-cleared breathalyzer device, announced this week that it has raised $25 million in new funding. The investment was led by Johnson & Johnson Innovation (JJDC), with participation from New York Life Ventures, Khosla Ventures, Marc Benioff, R7 Partners and Dr. David Utley, Carrot’s founder, president...
October 31, 2018
98point6 — a Seattle-based startup that offers an on-demand, texting-based primary care service for consumers and plans — announced this morning that it has closed $50 million in Series C funding, bringing the company’s total backing to $86.1 million. The round was led by the Merchant Banking Division of Goldman Sachs, with additional support from the company’s prior backers. Robbie Cape,...
October 30, 2018
Carbon Health, a startup developing a mobile platform for connecting patients to urgent and primary care, has merged with the Northern California-based Direct Urgent Care network. The result is network of seven brick-and-mortar clinics caring for 40,000 active patients, all of which is supported by a connected telehealth app that also support appointment management, payments, EHR access,...