Continuous contact-free patient monitoring can save the US healthcare system up to $15 billion annually, according to peer-reviewed paper published in Critical Care Medicine. Conducted by researchers from Harvard School of Medicine, and a new Frost & Sullivan report, Finding Top-Line Opportunities in a Bottom-Line Healthcare Market, each hospital bed monitored with EarlySense enables hospitals to achieve a cost savings of approximately $19,940.The cited cost savings are attributed to
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Viewics Raises $10.5M to Make Disparate Healthcare Data Meaningful
Viewics, a Sunnyvale, CA-based healthcare-focused analytics company that provides hospitals and health systems with management solutions has raised $10.5 million in funding led by existing investor Canvas Ventures and new investors Roche Venture Fund and City National Bank. The company will utilize the funds to further expand Viewics’ analytics platform and management solutions. Founded in 2009, Viewics provides advanced analytics that help health systems and ACOs realize clinical, operational,
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FCC Launches Data-Driven Broadband Health Mapping Tool
The Federal Communications Commission’s Connect2Health Task Force has launched the Mapping Broadband Health in America tool, a web-based mapping tool that will enable and inform more efficient, data-driven decision making at the intersection of broadband and health. The tool represents another step in the broader effort by the Connect2HealthFCC Task Force to further chart the broadband future of health and care. By allowing users to ask and answer questions about broadband and health at the
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WellDoc, Human API Partner To Integrate Type 2 Diabetes Patient Data
Digital health technology company WellDoc has announced a partnership with health data platform Human API to integrate type 2 diabetes patient health data within WellDoc’s BlueStar digital therapeutic. As part of the collaboration, Human API’s data platform will provide WellDoc with real-time access to comprehensive clinical patient data from its network of 15,000+ pharmacies, health systems and laboratories. The steady flow of data is shared within a highly secure environment that ensures
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iBeat Raises $1.5M To Commercialize Its Heart Monitoring Smartwatch
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has raised $1.5M in seed funding. The oversubscribed seed round was led by Maveron, Subtraction Capital, and Correlation Ventures. Other investors include super-angels Ali and Hadi Partovi, NFL offensive tackle Russell Okung, KKR founding partner Henry Kravis, Band of Angels, and award-winning industrial design firm Ammunition Group. The digital
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Verily, GlaxoSmithKline Partner to Develop Bioelectronic Medicines
Alphabet company Verily (formerly Google Life Sciences) is teaming up with pharmaceutical firm GlaxoSmithKline to develop bioelectronic medicines. The new company, Galvani Bioelectronics headquartered in the UK aims to research, develop and commercialize implantable, miniature devices which could potentially treat illnesses such as arthritis, diabetes and asthma. As part of the agreement, GSK will hold 55% equity interest and Verily will hold 45% owned by Verily, and receive up to $712M funding
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The State of Healthcare Data Analytics & Reporting: 9 Things to Know
Majority of healthcare organizations do not have have a data analytics solution in place to improve their revenue cycle, yet are currently looking to implement a solution, according to a recent survey conducted by Navicure. Conducted in May and June 2016, Navicure® commissioned Porter Research to conduct a national survey with over 600 healthcare leaders to gauge their current data analytics and reporting processes, challenges and technologies. Here are nine key findings from the
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Samsung, Nestlé Partner to Develop New Digital Health, Nutrition Platform
Samsung Strategy and Innovation Center and Nestlé Institute of Health Sciences has announced a digital health collaboration to harness the healthcare IoT and nutrition science to provide deep insights into healthy living. As part of the partnership, both parties will work towards the development of a new digital health platform to provide more personal and meaningful insights that inspire healthy living.Nestlé , Samsung Collaboration DetailsThe digital health collaboration aims to
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Reltio Raises $22M to Fuel Healthcare Data Management Apps
Reltio, a Redwood Shores, CA-based creator of new “data-driven apps” delivered through a modern data management platform has raised $22M in Series B funding led by New Enterprise Associates (NEA). The round also included participation from existing investors Crosslink Capital and .406 Ventures bringing Reltio’s total venture funding to $32M to date. The company plans to utilize the recent to strengthen its footprint in modern data management through accelerated hiring of talented individuals
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Huron Consulting Group Acquires HSM Consulting: 6 Things to Know
Management consulting firm Huron Consulting Group Inc. has entered into an agreement to acquire Healthcare Services Management, Inc. (HSM), a firm specializing in healthcare IT and management consulting. Here are six things to know about the acquisition: 1. The acquisition will help strengthen Huron’s ability to help healthcare providers implement and optimize EHR technologies that harness data to improve the quality and cost of care and better manage patient populations.2. Founded in 2006,
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