BioScale, Inc. today announced that the company is changing its name to ProterixBio, Inc. The name change reflects a new strategic direction centered on high value clinical apps including diagnostics products and disease management services. ProterixBio’s initial focus is on pulmonary diseases such as COPD (chronic obstructive pulmonary disease), which affects more than 12 million Americans.The company has made significant progress toward these new goals, including:- Recruitment of a
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Survey: Only 22% of Digital Health Users Use EHRs to Make Medical Decisions
60% of consumers who use digital health tools state they have an EHR; however, only 22% of digital health users are accessing EHRs to help make medical decisions, according to a March/April HealthMine survey. The survey of 500 insured consumers who use mobile/internet-connected health tools reveals that despite the wide-spread adoption of EHRs, 55% of users simply view them as tools to simply "stay informed."Additionally, 29% of those consumers who say they do have an EHR are not getting much
Read More
Heritage Group Closes $220M Healthcare Innovation Fund
Backed by 15 leading national healthcare companies, Heritage Group, a Nashville-based, healthcare-exclusive, venture capital firm has announced the official closing of its latest Healthcare Innovation Fund at $220 million. The fund exceeded its original fund target by $20M and exceeded its prior Healthcare Innovation Fund by more than $50M. Founded in 1986 as a holding company for the entrepreneurial endeavors, Heritage’s unique VC model allows its strategic investors to actively engage in the
Read More
Why Digital Health Growth Will Come From Clinically-Tested, Consumer-Facing, Interoperable Products
Editor's Note: Ingrid Oakley-Girvan, Ph.D., M.P.H. is an epidemiologist trained at Stanford. She is the VP of Strategy at Medable, a Palo Alto-based health platform start-up.A new study in the Journal of the American Medical Association (JAMA) finds that many health apps may be sharing patients’ health data without their knowledge. Four-fifths of 211 diabetes apps examined did not have privacy policies. And in January 2016, Fitbit was slapped with a class-action lawsuit alleging that its
Read More
Telehealth Startup WeCounsel Nabs $3.5M to Connect Mental Health Providers
WeCounsel, a HIPAA compliant turnkey telehealth platform that connects mental health providers to clients online has raised $3.5M in Series A funding led by Longmeadow Capital Partners, Point Judith Capital, and CVH Holdings. The company's solution serves as a turnkey virtual office for healthcare providers and businesses, complete with a custom video conferencing experience. We are fortunate to have seen so much success in the marketplace and to have translated that into a major investment from
Read More
Your.MD Launches AI-Powered Doctor Diagnosis on Facebook Messenger Via Chatbot
Your.MD, a London-based company that provides medical guidance through artificial intelligence has announced the launch of OneStop Health- a one-stop-shop in digital health to allow people to take full control of each stage of their health issues: from understanding their symptoms to finding the best treatment - all via a chatbot.Now available on Facebook Messenger and WeChat, OneStop Health empowers mobile users to find the safest and most suitable health service providers and products. The
Read More
100k Sign Up for Geisinger’s Genomic Biobank & DNA Sequencing Study
Geisinger Health System, an integrated health system announced that 100k recruits have signed up for the provider's biobank & DNA sequencing study known as the MyCode Community Health Initiative. Launched in January 2014 in collaboration with the Regeneron Genetics Center, the MyCode Community Health Initiative originally set out to recruit 100k study participants; however, researchers are now setting a new goal of at least 250k. The information gleaned from the MyCode study will contribute
Read More
Nokia to Acquire Withings for $191M, Enters Digital Health Market
Nokia has announced plans to acquire Withings, the Frenchh-based connected health company with a family of digital health products including fitness bands, sleep-trackers, thermometers, watches and scales for for €170 million ($191 million) in cash. The acquisition is expected to close in early Q3, 2016 subject to regulatory approvals and customary closing conditions. The acquisition marks Nokia's official entry into the digital health market to help boost its ongoing renewal of Nokia
Read More
LifeMap Solutions Launches Mobile Health App Design & Development Services
LifeMap Solutions, the digital health subsidiary of BioTime, Inc. and co-developer of ResearchKit-enabled app Asthma Health, has announced a new service to develop custom smartphone apps and research studies for partners worldwide. Through its new service, LifeMap offers clients its deep expertise in medical science, consumer behavior, app analytics, and design. LifeMap then adds the client’s own unique expertise to the mix and guides the development, from concept to completion, of a new
Read More
AMA, IDEA Labs To Support Medical Technology Development for Young Entrepreneurs
The American Medical Association (AMA) has teamed up with IDEA Labs, a student-run biotechnology incubator to support medical technology development from the next generation of young entrepreneurs studying at Washington University in St. Louis, Harvard University, Massachusetts Institute of Technology, University of Pennsylvania and University of Minnesota. Working together with IDEA Labs furthers the AMA mission by providing physicians nationwide with additional opportunities to shape the
Read More
