June 26, 2014
Three million patients around the world were using connected home medical monitoring devices in late 2013, but this number will jump to 19.1 million by 2018, according to a report from research firm Berg Insight. Remote patient monitoring revenues reached $5.8 billion (4.3 billion euros) in 2013 and are expected to grow to $26.4 billion (19.4 billion euros) by 2018.
Around 76 percent of these...
June 26, 2014
This week Verizon launched a mobile-centric video visits product that physician groups and others can use to provide real-time, remote care to patients. Virtual Visits has been 18 months in the making, Verizon's Director of Mobile Health Julie Kling told MobiHealthNews in an interview, and while it could see integration with Verizon's FDA cleared remote patient monitoring platform in the future,...
May 22, 2014
San Juan Capistrano, California-based remote monitoring analytics company Jointly Health has raised $1.3 million from investors including Frost Venture Partners and Reed Elsevier Ventures. This brings the company's total funding to date to $3.8 million.
According to CEO Dean Sawyer, the company's first product is still awaiting FDA 510(k) clearance, but they have their first few health plan...
May 7, 2014
The market for mobile health monitoring and diagnostics was worth $650 million in 2012, according to a new report from Transparency Market Research. The firm projects that the market will grow at a compound annual growth rate of 43.3 percent from 2013 to 2019. That will put the market at $8 billion in 2019.
Transparency defines the mobile health monitoring and diagnostic space as smartphone-...
April 30, 2014
Gainesville, Florida-based TruVitals has received an undisclosed investment from the Florida Institute. However, the company has told MobiHealthNews that the funding, combined with angel investments and grants, will bring the company's total funding to a little under $1 million.
TruVitals is developing a non-contact heart rate, respiration, and motion sensor that uses radar technology. It will...
March 27, 2014
San Antonio, Texas-based mobile healthcare company AirStrip has acquired the assets of wireless monitoring startup Sense4Baby and licensed the associated technology that the startup was founded on from the Gary and Mary West Health Institute. The companies did not disclose the financial terms of the transaction. Sense4Baby raised $4 million from The West Health Investment Fund in early 2013.
March 20, 2014
[Join MobiHealthNews and Adventist Health for today's webinar at 2PM ET as we discuss patient safety from both a patient and a provider perspective. Registration is free!]
There's a great publication from a few years ago, now freely available on the NIH's website, called Defining Patient Safety and Quality -- an Evidence-based Handbook for Nurses. Its two authors -- both academics and nurses by...
March 20, 2014
Remote patient monitoring company HealthInterlink received FDA 510(k) class II clearance for Beacon 2.0, a mobile-centric software system that integrates data from various home health devices. Beacon was previously cleared as a class I medical device (MDDS). HealthInterlink plans to begin commercialization of the device in the US immediately.
Beacon 2.0 works on tablets, smartphones and via...
March 13, 2014
Corvallis, Oregon-based Kannact has raised $3 million in its first round funding from undisclosed angel investors. The company is working on an Android tablet-based home care and remote patient monitoring system called Gladstone.
CEO Krishna Rao told MobiHealthNews that the funding will go to feasibility testing and development of the product, which has so far only been deployed in pilots. The...
January 16, 2014
Alere Connect, formerly known as MedApps before it was acquired by Alere, announced FDA clearance this week for its latest home health hub, HomeLink. The clearance rounds out Alere Connect's portfolio of hub devices to three main options: HomeLink, MobileLink, and HealthPAL. While each of the hub devices uses a cellular radio for backhaul -- no need to connect it via ethernet or your home WiFi...