Genalyt, a San Diego, CA based startup has raised $36 million in funding led by Khosla Ventures and Redmile Group to expand its one-drop blood test platform, Maverick™ Detection System.Founded in 2007, the Theranos competitor leverages proprietary silicon chip containing arrays of photonic microring sensors to simultaneously analyze multiple proteins/biomarkers from minimal sample volume, which can be utilized inside physician offices by offering laboratory test results in under 15 minutes.In
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Digital Health | News, Analysis, Insights - HIT Consultant
MOCACARE Unveils FDA-Approved Wireless Blood Pressure Monitor
MOCACARE, a Silicon Valley based company has launched MOCACuff, a FDA-approved wireless blood pressure monitor that fits comfortably on the wrist. Priced at $69.99, MOCACuff is the second product in the MOCACARE line that makes it easy to incorporate blood pressure monitoring into your everyday routine and receive instant, actionable insights to improve your health.MOCACARE first product, MOCAheart device uses thumb scans to measure heart rate, blood oxygen levels, and pulse wave velocity - a
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Ascensia Diabetes Care Receives FDA Clearance for App-Enabled Blood Glucose Smart Meter
Ascensia Diabetes Care has received FDA clearance for the app-enabled CONTOUR® NEXT ONE Blood Glucose Monitoring System (BGMS). The blood glucose smart meter links to a mobile device via Bluetooth collects, stores and analyzes patient blood glucose measurements delivered to it by the meter. The blood glucose measurements can be used to identify patterns and trends that may help patients understand how certain aspects of their daily activities affect their blood glucose.The system also features
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Factom Lands Grant to Create Secure Medical Records using Blockchain
Factom, an Austin, TX-based blockchain technology company offering data management and record keeping support for business has received a grant from Bill & Melinda Gates Foundation to secure medical records that are persistent, readily available, and reliable. Founded in 2000, Bill & Melinda Gates Foundation Global Health Division aims to harness advances in science and technology to save lives in developing countries.Factom's blockchain technology builds globally distributed records
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Mount Sinai Establishes Robotics Institute to Accelerate Robotic Surgery
Mount Sinai Health System announced this week it has established the Mount Sinai Robotics Institute (MSRI) to advance patient care and augment research and training. Since the first minimally invasive robotic surgery to treat head and neck cancer at Mount Sinai in 2008 surgeons at Mount Sinai have been on the forefront of pioneering robotic surgery techniques. Groundbreaking work such as new techniques and refinements, and complication reduction programs in these areas has distinguished MSRI as
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PatientsLikeMe Adds Patient Generated Medication Reviews on Walgreens
PatientsLikeMe today announced the addition of patient-generated medication reviews on Walgreens.com, including information on use, effectiveness and alternative medications for thousands of brand name and generic drugs. This new information - accessible to everyone - complements the side effect data we've provided to Walgreens customers since early last year, and expands on its partnership with the largest pharmacy chain in the U.S. The new information, which is updated daily and comes from
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Study: Pharma Companies Lose $637B Due to Medication Nonadherence
Pharmaceutical companies forfeit an estimated $637 billion a year to medication nonadherence, according to new research paper released by HealthPrize Technologies. The findings builds upon a research paper originally co-authored by HealthPrize and Capgemini Consulting in 2012. At that time, global revenue losses were being estimated at $564 billion annually. HealthPrize Technologies today announced the publication of an update to a research paper co-authored with Capgemini estimating annual
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ContextMedia Acquires AccentHealth To Boost Healthcare Decision Platform
ContextMedia, a healthcare decision platform has acquired AccentHealth, a patient education at the point of care platform in an all-cash purchase. The acquisition will make ContextMedia the largest healthcare decision platform at the point of care in the United States to power 500 million outpatient consultations a year.The company projects that it will have market share in seventy percent of all practices in the U.S. by 2020.Founded in 2006 by Rishi Shah and Shradha Agarwal, ContextMedia
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AMA Approves List of Principles to Support Use of Mobile Health Apps by Physicians, Patients
During the AMA Interim Meeting, physicians voted to approve a list of principles to guide coverage and payment policies supporting the use of mHealth apps and associated devices that are accurate, effective, safe and secure. While physicians are optimistic about digital health innovation and its potential medical benefits, mHealth apps and devices that are not safe and can pose threats to the health and safety of patients. AMA policy acknowledges the need to expand the evidence base necessary to
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Stasis Labs Lands $5M for Cloud-based Vitals Monitoring System
Stasis Labs, a Los Angeles, CA-based provider of cloud-powered vital monitoring system has raised $5M in seed financing led by RTP-HC, the healthcare-focused investment arm of RTP Ventures, with participation from Wonder Ventures, Techstars Ventures, and others. Founded in 2015, Dinesh Seemakurty got the idea for the startup after his grandfather was admitted to the hospital in India. His grandfather later prematurely passed away when doctors missed a deterioration in his vital signs due to a
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