August 25, 2010
Jupiter Research analyst Anthony Cox divides wireless remote monitoring into two discrete buckets: Fundamental heart monitoring and on-going management of chronic diseases. While Jupiter's current and near-term forecast for these two categories favors the CardioNets, LifeWatches and eCardios of the world, Cox believes that longterm the larger user base and bigger revenues will come from managing...
August 4, 2010
During a panel session I moderated last week, Parks Associates Director of Mobile & Health Research Harry Wang shared a number of metrics and industry trends with attendees at the second annual World Congress Mobile Health Summit in Boston, Massachusetts.
Wang began by breaking down the wireless health industry into three specific categories based on the type of wireless technology used: Body...
August 3, 2010
During its second quarter conference call, CardioNet noted that WellPoint had also called mobile cardiac telemetry monitoring services as "experimental" and unproven -- United Healthcare made a similar conclusion last month. The commercial payers' reimbursement decisions are important for CardioNet, which saw a payer revenue mix of 34 percent Medicare and 66 percent commercial for the three month...
July 8, 2010
“You are not going to get paid for cool ideas. You are not going to get paid for saving lives. You are not going to get paid for anything unless you can prove that you can save them money.”
If that sounds familiar, it may be because I started an editorial with those same words almost a year ago today. Or maybe you heard CardioNet founder (now Patient Safe Solutions CEO) James Sweeney speak at the...
July 7, 2010
More bad news on the reimbursement front for CardioNet and other mobile cardiac outpatient telemetry service providers: United Healthcare told the company that it is maintaining its position that “outpatient cardiovascular telemetry is unproven for managing cardiac arrhythmias" and as a result it will not cover the service for its members. CardioNet, of course, disagrees and promised to continue...
June 28, 2010
Bayer's new hemophilia A app: Bayer HealthCare Pharmaceuticals today launched FactorTrack, the first customizable mobile application for people with hemophilia A. FactorTrack is a free, personal and interactive mobile application that helps make it easier to track and record hemophilia factor VIII infusions. More
CardioNet disappointed in CMS again: The Centers for Medicare and Medicaid Services...
June 16, 2010
Wireless health monitoring company CardioNet named Joseph Capper president and CEO this week, effective immediately. Capper was formerly president and CEO of diabetes care company Home Diagnostics, which Japan-based Nipro acquired earlier this year. CardioNet's offering uses wireless and medical technology to diagnose and monitor cardiac arrhythmias.
CardioNet's interim CEO Randy Thurman, who...
March 30, 2010
The first presentation at MobiHealthNews Presents: Everywhere Healthcare event last week was a spirited talk given by Mohr Davidow Venture General Partner Michael Goldberg. Goldberg led MDV's investment in wireless health company Corventis and is actively seeking out other wireless health startups with a clinical focus. (Re-read our interview with Goldberg from last year for more on his team's...
February 3, 2010
We reported earlier this week that Houston, TX-based wireless cardiac monitoring startup, eCardio had monitored about 20,000 patients to date. Today, CardioNet, one of the first wireless cardiac companies to go to market has announced that it just passed 300,000 patients monitored by its Mobile Cardiac Outpatient Telemetry (MCOT) service.
“With 300,000 patients having now benefited from our MCOT...
February 1, 2010
Wireless remote monitoring for patients with heart conditions is fast becoming a crowded space for wireless health companies -- CardioNet, the only pureplay wireless health company to have gone public and LifeWatch, a Switzerland-based company are just two of the big players in this ever popular field. Last month we noted that Corventis had received FDA approval for its MCOT system, which put it...