January 19, 2010
Big news for the first startup shepherded by the West Wireless Health Institute: The FDA has greenlit Corventis' Nuvant system, a mobile cardiac telemetry system. The 510(k) clearance for Nuvant enables Corventis to begin marketing the service in the U.S. -- Corventis secured FDA clearance for its PiiX sensor (pictured), which is a part of the Nuvant system -- last April. According to the company...
December 31, 2009
While our year-end report is a solid snapshot of the state of the industry at the end of 2009, we noticed that a good number of our most popular news posts from the past year did not find their place in the overall narrative.
As expected the iPhone was a dominant theme for our most popular posts of 2009, which were picked based on which ones accumulated the greatest number of views during the...
December 17, 2009
FDA may regulate smartphone apps. LifeComm closes. Best Buy stocks connected health devices. Apple invites LifeScan on-stage. The West Wireless Health Institute is founded. CardioNet's reimbursement rate cut. Consumers want wireless health. Three-quarters of Americans are interested.
2009 was a big year for wireless health and in many ways it was this industry's break out year. Activity in the...
December 15, 2009
CardioNet, a wireless remote cardiac monitoring company, has hired Lazard Freres & Co. of New York to evaluate its options, CEO Randy Thurman told investors on a call this morning. Analysts believe the move means CardioNet may seriously consider a sale.
According to the Wall Street Journal, CardioNet previously had hinted it would consider a sale and Jefferies & Co. analyst Joshua...
November 25, 2009
Remote wireless cardiac monitoring company LifeWatch has announced a new offering for diagnosing sleep apnea: NiteWatch. The company expects to make the service commercially available during the first quarter of 2010.
Unlike its closest competitor, CardioNet, LifeWatch uses an actual smartphone as the gateway for its cardiac monitoring system -- the company has an exclusive carriage agreement...
November 20, 2009
The Wall Street Journal has an incendiary profile piece on the Jeffries analyst, Brian Kennedy, who predicted that Highmark CMS would cut its reimbursement rate for CardioNet's wireless cardiac monitoring service. CardioNet is the only public company fully focused on wireless health, which makes it a true pioneer for the emerging industry.
While the aftermath that followed Kennedy's April...
November 6, 2009
The magazine Start-up recently published an overview of the wireless health industry but wrote it as a wake up call for medical device makers. Here's the paragraph that really boils down what's been going on in wireless health:
"The wireless revolution in health care won't just add another gadget to the toolbox of medical product manufacturers. Wireless health is a trend that sees the...
November 5, 2009
STMicroelectronics has inked a deal with Mayo Clinic to collaborate on a wireless remote monitoring system for patients with chronic cardiovascular diseases. An initial program of patient trials is already underway, according to the Mayo Clinic.
Details about the offering are still sketchy, but the initial press release explains that STM contributed its "advanced sensor, microprocessor and...
October 28, 2009
CardioNet's 15th patent: In a recent press release, Randy Thurman, CardioNet Chairman, President and CEO, stated: "A key to success in delivering wireless medicine is rooted in our ability to distill the wide variety of information collected from sensors on the body and make that data useful for clinicians or other healthcare providers. With MCOT, we provide electrocardiogram and trended heart...
September 15, 2009
Tim Gee, Principal at Medical Connectivity Consulting and the chair of the Medical Device Connectivity conference in Boston last week laid out the market opportunity for wireless sensors in healthcare. Gee broke down some of the drivers for the recent interest in medical sensors, outlined use cases and dissected the market for the more than 200 attendees at last week's event.
What is driving...