The global healthcare Internet of Things (IoT) market is expected to grow from $32 billion in 2015 to $163. billion by 2020, at a Compound Annual Growth Rate (CAGR) of 38.1%, according to a new market report by MarketandMarkets. North America is expected to be the largest market on the basis of market size and digital health advancements.
Defining Healthcare Internet of Things (IoT)
The IoT in Healthcare terminology is used to define the implementation of the IoT-based technology solutions
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Rock Health: 18 Consumer Adoption Trends in Digital Health
This week, Rock Health, a full-service venture fund dedicated to digital health released the findings from their national survey on the consumer adoption trends in digital health. The report, "Digital Health Consumer Adoption: 2015" produced by Teresa Wang and Malay Gandhi with help from Kati Dahl surveyed 4,000 consumers on their attitudes attitudes towards data privacy and sharing within the healthcare ecosystem.
The report identifies six overarching categories of digital health that
Read More
StartUp Health:10 Trends Driving the Future of Aging Care
According to the American Medical Student Association, the population of individuals over the age of 65 will increase by 73 percent between 2010 and 2030, meaning 1 in 5 Americans will be a senior citizen. For the next 20 years, about 3 million baby boomers will hit retirement age yearly.
With the tsunami wave of boomers getting older and multiple chronic conditions is set to place a tremendous financial burden on the US healthcare system, especially as it related to Medicare. Census Bureau
Read More
Hoarding Your DNA Data Could Stifle Extending Human Life
Google Ventures’s Bill Maris is determined to extend human life expectancy; however, public fears over privacy and the security of DNA data could be a major roadblock, Bloomberg reports. “If we each keep our genetic information secret, then we’re all going to die,” said Bill Maris, managing partner at Google Ventures. Starting this year, the firm has placed a greater focus on investing in life science companies focused on slow aging, reverse disease and extending life. A key portion of these
Read More
WEDI Launches Genomic Data Exchange Workgroup
The Workgroup for Electronic Data Interchange (WEDI), a nonprofit authority on the use of health IT to create efficiencies in healthcare information exchange, announced the development of its newest Workgroup focused on Genomic Data Exchange. The goal of the workgroup is to further evaluate and create a common industry vision and roadmap on how to incorporate genomic data into the American healthcare system. Katherine Johansen Taber, Ph.D., director of the American Medical
Read More
HomeHero Launches the Match.com for Senior Home Care
After 6 months of building and testing, senior home care startup HomeHero has launched a proprietary 15-point algorithm that matches clients in need of a caregiver with the perfect person to meet their needs -- like the Match.com for senior home care. The SoCal-based startup can now crunch millions of data points in seconds and deliver customized caregiver matches within only 10 minutes, compared to hours or even days for traditional home care agencies (HomeHero’s own manual matching process
Read More
Cedars-Sinai, Techstars to Launch LA-Based Digital Health Accelerator
Cedars-Sinai is teaming up with Techstars to launch an LA-based digital health accelerator focused on developing innovative approaches to medicine and science that not only further enhance the quality of the care but ensure it is provided in a patient-centered, cost-effective manner. Together, the digital health accelerator will offer startups $120k in funding, 3 months of mentorship and guidance from senior leadership at Cedars-Sinai and the Techstars network of more than 7,000 founders,
Read More
Amino Pulls In $19.4M to Match Patients with the Right Doctor
After spending more than two years in stealth mode developing a database that includes nearly every practicing doctor in America and experiences from more than 188 million people, digital health startup Amino has launched its consumer healthcare search platform designed to help consumers make confident health care decisions, starting with the doctors they choose. Amino’s new personalized service allows people to find and book an appointment with doctors based on their experience with specific
Read More
Accenture: Digital Health Solutions Could Save Primary Care $10B Annually
Digital health solutions could save primary care $10 billion annually, according to a new report released by Accenture at the U.S. News & World Report’s Hospital of Tomorrow Forum. The Accenture report highlights the economic value of applying digital health solutions to three care scenarios: annual patient visit; ongoing patient management; and self-care.
For an annual patient visit, applying digital health solutions – such as biometric devices, analytic diagnostic engine and a virtual
Read More
23andMe Scores $115M to Maximize Its Direct-to-Consumer Genetic Tests
Genetics startup 23andMe, Inc., has raised $115 million in Series E funding led by Fidelity Management & Research Company to expand its FDA-approved direct-to-consumer genetic tests. New investors in the round include Casdin Capital, WuXi Healthcare Ventures and Xfund, as well as existing investors including Illumina (ILMN), New Enterprise Associates, MPM Capital, and Google Ventures. The latest funding round brings its total funding to date at $241 million, Forbes now values the company at
Read More
