ZOLL® Medical Corporation, a company that manufactures medical devices and related software solutions has acquired Tel Aviv, Israel-based Kyma Medical Technologies, Ltd. for its wearable remote patient monitoring device for chronic cardiac illnesses. Under the terms of the agreement, ZOLL Medical Corporation will pay $35 million, plus milestone payments based on sales and the incorporation of Kyma technology into future products.
Wearable Cardiac Monitor Overview
Kyma's μ-Cor is an
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6 Startups Selected as Finalists in Mayo Clinic’s THINK BIG Challenge
Six digital health startups have been selected as finalists in the first Mayo Clinic THINK BIG Challenge and will compete on Oct. 1 at Transform 2015 for two $50,000 awards.
Sponsored by Mayo Clinic Center for Innovation (CFI), Mayo Ventures and AVIA Health Innovation, the Mayo Clinic THINK BIG Challenge celebrates innovative ideas in two areas:
- Got Health – promoting health maintenance and prevention
- I Am Not My Disease – helping people with chronic illnesses live better,
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Lumity Nabs $14M to Let Data Optimize Employee Health Plans
Palo Alto, CA-based Lumity, a data driven benefits platform that optimizes employee health plans, announced it has raised $14M in Series A funding led by The Social+Capital Partnership with participation from True Ventures and Rock Health. Through real-time insights and predictive models, Lumity's benefits platform helps employers and employees use data to collaborate on choosing health plans that drive value and fit employee needs. The funding round will be used to help accelerate the rollout
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CHIME Appoints 3 New Members to Board of Trustees
The College of Healthcare Information Management Executives (CHIME) has announced the election of members Cletis Earle, Theresa Meadows, R.N., CHCIO, and Donna Roach, CHCIO, to its board of trustees.
Earle is the chief information officer at St. Luke’s Cornwall Hospital, Newburgh, NY. Since joining CHIME in 2006, he has been active in both regional and national activities. Earle is the co-chair of StateNet in New York. CHIME’s StateNet fosters information sharing and networking
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Validic Selected As Digital Health Technology Provider For National On The Move Wellness Challenge
Validic, a leading digital health platform, announced today its selection by WELCOA, the Wellness Council of America, to power the National On The Move Wellness Challenge. The On The Move competition is focused on fueling national corporate health initiatives to combat physical inactivity and initiate behavior change.
On The Move Overview
On The Move is a completely turnkey, 12-week challenge designed to engage employees in physical activity, help better manage their stress levels, and
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Google Capital Pours $32.5M into Insurance Startup Oscar Health
Google Capital has invested $32.5 million in Oscar Health, a health insurance company using technology to make insurance simple, intuitive, and human with a valuation of $1.75B, The Wall Street Journal reports. The recent funding brings startup’s funding total up to $352.5 million.
Launched in 2013, Oscar Health's quality network has more than 40,000 users in New Jersey and New York with plans to expand its coverage to California and Texas in 2016. The company's business model is focused on
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iHealth Unveils New Wireless Scale and Smartphone App
iHealth Lab, a provider of consumer-friendly mobile health devices and apps, has unveiled the iHealth Core: Wireless Body Composition Scale (HS6) and a new iHealth MyVitals smartphone app. Combined, the solution provide users with a comprehensive view of their body composition and how their fitness routine impacts their overall wellness over time. The solution also allows persons with chronic conditions such as obesity and hypertension to better manage their health and make
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Rare Genomics Institute Launches 10 Crowdfunding Campaigns to Help Rare Disease Patients
Rare Genomics Institute (RG) is launching ten separate crowdfunding campaigns to help patients with rare diseases pinpoint the causes of their illnesses. All amounts raised will go towards exome sequencing, which is a cutting-edge method of partial genome sequencing to find the genetic causes of diseases.
This effort is part of Amplify Hope, initiated by RG to determine the most effective crowdfunding programs and measure their effect on scientific education. Amplify Hope is a new RG study
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Healthcare Security Breaches Cost $31B and Growing (Infographic)
While the news frequently reports the number of data breaches in the health care industry, few may realize that the estimated cost for HIPAA breaches since 2009 has reached over 31 billion dollars.
As the volume of healthcare security breaches exponentially increases, so does the need to share this information for secondary uses such as research and analysis that can lead to better treatments, cures and improved care. The following infographic created by Privacy Analytics illustrates some of
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Report: mHealth Market Will Account for Nearly $18B in 2016 Alone
Research and Markets estimates that the mHealth market will account for nearly $18 Billion in 2016 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, estimates suggest further growth at a CAGR of 40% over the next 5 years.
The mHealth (Mobile Healthcare) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts report presents an in - depth assessment of the global mHealth market. In addition to covering key market drivers,
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