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HLTH: OneStep Secures $36M to Establish Gait Analysis as the Sixth Vital Sign

by Fred Pennic 10/22/2024 Leave a Comment

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What You Should Know: 

– OneStep, a provider of smartphone-based motion analysis technology has raised $36M in funding co-led by Team8 and Vintage Investment Partners.

– The company aims to establish gait analysis – the study of how a person walks – as the sixth vital sign, crucial for understanding and improving overall health.

Transforming Smartphones into Clinical Tools

OneStep’s technology turns smartphones into clinical-grade motion analysis tools, making gait analysis as simple as stepping on a bathroom scale. By capturing and analyzing patient movement data, healthcare providers gain valuable insights into mobility and overall health, enabling timely interventions and improved patient engagement.

The Importance of Gait Analysis in an Aging Population

As life expectancy increases, so does the prevalence of chronic conditions that affect mobility and gait. Gait analysis can reveal crucial information about the health of various body systems, including nervous, musculoskeletal, and cardiorespiratory functions. Early detection of conditions like falls, Parkinson’s disease, and Alzheimer’s disease through gait analysis can lead to proactive interventions and improved quality of life.

OneStep’s AI-Powered Platform Key Features

OneStep’s FDA-listed, AI-powered platform offers continuous, real-life monitoring of patient gait and mobility. This provides healthcare providers with actionable, real-time data, enabling them to:

  • Enhance Patient Outcomes: Improve patient recovery and reduce the risk of falls through early detection and intervention.
  • Improve Decision-Making: Make more informed treatment decisions based on objective gait analysis data.
  • Streamline Documentation: Automate documentation processes and reduce administrative burden.
  • Reduce Costs: Minimize healthcare costs associated with falls and other mobility-related complications.
  • Generate New Revenue: Leverage Remote Therapeutic Monitoring (RTM) capabilities for reimbursement opportunities.

OneStep Expansion Plans

This latest funding will enable OneStep to:

  • Scale Operations: Expand its reach and impact across the healthcare industry.
  • Further Develop its Technology: Enhance its AI-powered platform and introduce new features and functionalities.
  • Establish Gait Analysis as a Standard: Promote the adoption of gait analysis as a routine part of health monitoring and improvement.

“Motion is life, and understanding it is key to advancing health.” said Tomer Shussman, co-founder and CEO of OneStep. “By empowering healthcare providers with real-time insights into how patients move, we’re helping unlock the power of gait – transforming healthcare to be more proactive, precise, and focused on improving quality of life.” 

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