consumerization of health

By Dave Muoio April 26, 2019
Healthcare has long had an access issue. While some patients might have the knowledge, experience and opportunity to pursue optimal care when they’re ill, countless others are unaware of the whens, whys and hows of seeking and receiving relief for their condition.  “Access is really key. That can be access to an appointment to a provider [and] it’s also access to quality information,” Dr. Erin...
By Dave Muoio April 18, 2019
Editor's note: This story has been updated to specify that the telehealth app downloads ranked in the report do not necessarily reflect the entirety of those companies' businesses. Consumers worldwide are downloading and spending money in medical apps more than ever, suggests a market behavior analysis released this week by mobile data and analytics company App Annie. Global downloads of these...
By Dave Muoio April 17, 2019
Best Buy is now selling Tyto Care’s remote care device and service through its online storefront, the companies announced in a press release this morning. The retailer is also offering the platform in certain Minnesota stores, and has plans to expand this availability to North Dakota, South Dakota, California and Ohio locations as well. Coming in at $299.99, the TytoHome device connects users to...
By Jonah Comstock April 9, 2019
A recent report from Morgan Stanley estimates that Apple’s market opportunity in healthcare could be as high as $313 billion in 2027 — or as low as $15 billion. The 50-page report, aimed at investors, makes the case for the various ways in which Apple could become an even more serious player in the healthcare sector, in light of trends like value-based care and the consumerization of healthcare...
By Dave Muoio April 4, 2019
Earlier this morning, Amazon announced in a blog post that its voice-based Alexa platform now supports the development of software that communicates HIPAA-protected health information through an invite-only Alexa Skills Kit program. To kick off the new capability, the company also highlighted the launch of six new Alexa skills built by healthcare providers and other stakeholders. Each is designed...
By Dave Muoio February 15, 2019
Healthcare is often referred to as a “system,” but frequently it’s anything but. A patient being discharged from emergency services might not have the details of their condition shared with a primary care physician, and that patient frequently won’t speak with a provider until their condition has taken a severe turn for the worse. Humana SVP and Chief Medical Officer Dr. Roy Beveridge highlighted...
By Laura Lovett January 29, 2019
Hims — an online mail-order men’s health company that uses remote consultation to prescribe cosmetic and sexual health products — has landed $100 million in new funding, according to the publication Recode, which first published the scoop this morning. Following the investment, the company will be valued at $1 billion.  This news comes shortly after the San Francisco-based company launched Hers,...
By Dave Muoio January 11, 2019
CES 2019 is in its waning days, and with its end comes a time for reflection. This year’s consumer tech expo boasted no shortage of health and wellness products on display, ranging from novel ECG-equipped wearables to novel approaches to skin care. Meanwhile, the Digital Health Summit — CES’ sub-event focused exclusively on health technology — celebrated its tenth year at the show with two full...