Babyscripts, Inc., a Washington D.C.-based virtual care platform for managing obstetrics, announced today that Philips has taken a minority position in the company by leading a $6 million round of financing. The round also included participation from investors StartUp Health and NueCura Partners.Founded in 2013, Babyscripts has spent the last four years building a clinically-validated, virtual care platform to allow OBGYNs to deliver a new model of prenatal care. Using Internet-connected devices
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Digital Health | News, Analysis, Insights - HIT Consultant
EarlySense Raises $39M to Expand Contact-Free Monitoring & Analytics Solution
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $39 million in funding from Hill-Rom and Wells Fargo Strategic Capital. The round also included participation from BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital. Existing investors, Pitango Venture Capital and JK&B Venture Capital. Founded in 2004, EarlySense’s FDA-cleared and CE-approved solutions are used by healthcare
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5 Trends Poised to Disrupt the Digital Health Market in 2019
LRV Health’s Keith Figlioli predicts this year’s fizzles and flourishes for digital healthcare.It’s a new year—the time of year where resolutions and fresh starts abound. It’s also the perfect time to predict what’s on the horizon in healthcare. According to LRV Health’s Keith Figlioli, there’s plenty to consider, especially when it comes to disruption in the digital realm.For several years, billions of dollars have flooded into the market, sparking innovation and the potential for future
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VRHealth Launches First Telehealth VR Medical Platform
VRHealth, a Boston and Israel-based digital health company providing specialized virtual reality (VR) technology solutions and data analysis, today announced the launch of the first telehealth-VR medical platform that includes apps specifically designed for consumers to use at home. VR Health is participating in AARP Innovation Labs. As part of the company’s collaboration with AARP, VRhealth has a residency in AARP Innovation Lab and is integrating core features of its product into the “Health
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Ascensia Diabetes Care, POCTech to Distribute and Co-Develop Continuous Glucose Monitoring Solutions
Ascensia Diabetes Care has announced a new global partnership with Zhejiang POCTech, Co., Ltd (POCTech), a developer and manufacturer of continuous glucose monitoring (CGM) systems for people with diabetes. As part of the collaboration, Ascensia will be the exclusive distributor of POCTech’s CGM in selected countries, with distribution anticipated to start later this year. Ascensia and POCTech have also entered into an agreement to co-develop next-generation products, leveraging expertise from
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Pay Attention to the FDA’s New Medical Device Cybersecurity Guidelines
The Food and Drug Administration’s (FDA’s) recently released Medical Device Cybersecurity Regional Incident Preparedness and Response Playbook is the agency’s latest step in an ongoing effort to enhance medical device cybersecurity. Though these are merely guidelines and not regulations, it’s imperative hospitals and other vendors dealing with medical devices take them to heart. The FDA’s primary focus is on patient safety related to medical device incidents, but these guidelines could very
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3 Trends Impacting Digital Health Strategy & Leadership Roles in 2019
As always, this year was full of interesting developments in healthcare. As the year comes to a close, we’ve rounded up three trends that we feel are going to significantly impact the landscape of health tech and digital health in 2019 and beyond. Trends are only interesting if we examine the impact, so let’s hone in on how each of these trends will affect company strategies and hence their leadership roles in digital health.Trend 1: Large-scale mergers and vertical integrationsSince 2015,
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Why the FDA Is Doing an Overhaul of the Medical Device Approval Process
Since 1976, the U.S. Food and Drug Administration (FDA) has allowed manufacturers to apply for an accelerated pathway to bringing their devices to the market. It's called the 501(k) Premarket Notification. In short, if a new device gets proved safe and effective to a device that's already available, the new device can get cleared because it's considered substantially similar to the older one. The FDA also allows for the first-cleared device (also known as the predicate) to be another product
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3 Use Cases for Utilizing Blockchain Technology in Small Practices
Until a couple of years ago, "blockchain" was a buzzword in financial circles, especially regarding cryptocurrencies. But that's no longer the case—blockchain technology is set to disrupt major industries such as healthcare, legal, education, banking, real estate, data security, and even the government.The blockchain is expected to completely redesign the DNA of healthcare delivery systems in the coming years. The global blockchain market for healthcare is forecast to rise to $1.4 billion by
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Ochsner to Deliver Remote Monitoring Service to Cardiac Implant Patients Across Southeast
Ochsner Health System announced it will deliver remote monitoring service for patients with cardiac implants will be utilized in the throughout Louisiana, Arkansas, Mississippi, Alabama, and Georgia. The provider has signed an agreement with Geneva Health Solutions (GHS), a device data management platform and remote monitoring service for implantable cardiac devices to provide the service. The GHS system will drive full automated scheduling and reporting in collaboration with Ochsner’s Epic
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