Fitness Devices to Dominate the Wearables Market until 2018

Wearables_A Solution Searching For Problems

Fitness devices and wearables will almost triple by 2018, compared to an estimated 19 million in-use this year, according to a new report by Juniper Research. Juniper Research is projecting that fitness devices will remain the dominant wearables segment until 2018, driven by intuitive use cases and lower retail prices. However, the broader appeal of smart watches with the upcoming Apple Watch will mean that they will be used more frequently in later years. Fitness Devices Market Stratification
Read More

Florida Blue to Offer HealthSpot’s Telehealth Kiosks in Miami

Rite Aid to Test HealthSpot Telehealth Kiosks in Ohio Stores

  Florida Blue and Miami Children's Hospital have partnered to offer HealthSpot's telehealth kiosks at the company's retail center in Miami for Florida Blue members. The HealthSpot® station – a private, 8-foot-by-7-foot telehealth kiosk is equipped with a stethoscope, scale, blood pressure cuff, pulse oximeter, thermometer, otoscope and magnascope to stream medical information to the provider and patient. The station is also supported by an on-site accredited medical attendant. The
Read More

Health Tech Incubator MATTER Nabs $4.4M to Build Health Tech Hub in Chicago

MATTER Secures $4.4M to Build Digital Health Hub in Chicago

    Health tech incubator MATTER has secured $4.4 million to build the next generation of health IT, medical device, diagnostics and biopharma companies in Chicago. The funding was led by twenty two local companies mostly focused in the tech and healthcare sectors complementing the initial $2.5M grant and $1.5M loan provided by the State of Illinois. This brings MATTER's total funding to more than $8M to build a viable health tech hub in Chicago.  Incubator
Read More

Healthcare Supply Chain Leader GHX Closes Vendormate Acquisition

Private Equity Firm Acquires GHX, Healthcare Supply Chain Leader

Healthcare supply chain leader Global Healthcare Exchange (GHX) today announced that it has completed the acquisition of Atlanta-based Vendormate, a privately held company that specializes in vendor relationship management solutions for healthcare providers and suppliers. Financial terms of the deal were not disclosed. Vendormate solutions help healthcare providers better manage the process of who they do business with including vendor on-boarding, business associate management,
Read More

InfoBionic Nabs $17M to Expand its Remote Patient Monitoring Platform


InfoBionic, Inc., a provider of patient monitoring solutions for chronic disease management announced that it completed the second tranche of a $17 million Series B financing round led by new investors Excel Venture Management and Zaffre Investments. The company also named Steven R. Wasserman as Chief Financial Officer and William G. Swavely as Senior Vice President, IT. Capital raised from this round will be used to commercialize Infobionic's MoMeTM System, a remote patient monitoring platform
Read More

RxMatch Launches Platform To Automate Medical Care Follow Up

Rx Match

RxMatch, a digital health startup today announced the launch of a web- and mobile-based portal that automates and centralizes follow-up medical care and treatment compliance. It empowers healthcare professionals to deploy their best practices across institutions with ease and in a patient friendly interface. It also provides real-time data that gives healthcare practitioners up-to-date information, increases patient satisfaction, and decreases healthcare fees and readmissions. Doctors, nurses
Read More

Health Wildcatters Pitch Day 2014 Showcases New Class of Startups

Health Wildcatters Pitch Day

  Health Wildcatters, the Southwest’s first healthcare seed-accelerator presented eleven innovative companies at their annual "Pitch Day" yesterday at the Majestic Theatre in Dallas. Each startup participated in the 12 week accelerator program receiving $30k in exchange for 8% common founding stock. During the program, the startups will be paired with appropriate mentors and partners to: - Validate their business model - Product development - Business development The program
Read More

CVS to Launch Digital Health Innovation Lab in Boston


CVS Health Corp is planning to launch the CVS Digital Health Innovation Lab in Boston this winter focused on building patient centric experiences in healthcare, Boston Globe first reports. The CVS Digital Health Innovation Lab will accommodate 100 people in a new 15,000-square-foot office at 116 Huntington Ave, a short distance from both Longwood Medical Area and Cambridge’s technology community.  "Having a Boston presence will help us attract additional talent and increase our connectivity to
Read More

Survey: Yelp Most Popular Site for Online Physician Reviews


Yelp is the most popular site for online physician reviews followed by Healthgrades and RateMDs, according to recent survey conducted by Software Advice on how patients use online reviews. The survey findings indicate that positive patient reviews on multiple sites is becoming increasingly necessary to attract and retain patients, particularly as the healthcare industry shift towards a patient-centric model.  “Online patient-generated content is here to stay—so we might as well use it to make
Read More

FTC Probes Apple About Protecting Sensitive Health Data

Apple’s HealthKit_Apple HealthKit

The U.S. Federal Trade Commission (FTC) is reportedly seeking assurance from Apple about protecting sensitive health data collected by its HealthKit platform and upcoming smartwatch, according to two sources from Reuters. Apple has met with FTC on multiple occasions to ensure that it will not sell its users' health data to third party developers. Apple's HealthKit platform was designed with built-in health data protections. "We designed HealthKit with privacy in mind," said Apple spokeswoman
Read More