VitalConnect, Inc., a provider of wearable biosensor technology for wireless monitoring in hospital and remote patient populations has raised $38 million in Series C funding led by MVM and Baxter Ventures. This funding will help VitalConnect in launching the VitalConnect Platform and VitalPatch wearable biosensor in hospitals and outpatient settings across the nation.Founded in 2011, VitalConnect combines the most sophisticated biosensor - the VitalPatch - with its comprehensive software
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Wearables in Healthcare| Medical Grade | News, Analysis, Insights - HIT Consultant
Sensoria, Genesis Rehab Services Partner to Deliver Wearable Smart Aging Solutions
Sensoria,a provider of smart garments and wearable technologies has signed a strategic partnership with Genesis Rehab Services (GRS), a subsidiary of Genesis HealthCare, provider of physical therapy, occupational therapy, speech therapy, respiratory therapy and wellness services, primarily for older adults. As part of the strategic partnership, Sensoria Health and its new wearable smart aging products and services will leverage Genesis Rehab Services’ clinical knowledge and Sensoria’s
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New Study Finds Prompts, Social Networks, Philanthropy Keys to Engagement for Wearables
A recent innovation study found interaction with social networks and use of digital coaches via a smartphone app connected to a biometric sensor embedded in eyeglasses provided incentive for users to increase activity, including an average 20-25 percent spike in daily steps when prompted by a digital coach. Conducted by the University of Southern California (USC) Center for Body Computing (CBC) and VSP Global's innovation lab using a prototype of VSP's unique Level™ smart glasses, the study is
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Trinity Health to Test Google Glass for Tablet-Free Virtual Care
This week, Trinity Health announced that they will soon be testing the capabilities of an initiative that combines home visits by secondary caregivers with the innovative internet capabilities of Google Glass, and the advanced video technologies of swyMed, a provider of video telemedicine technologies.The program will help Trinity Health determine how the technologies might be used to increase access to primary care physicians and advance people-centered care. The clinical simulation of the
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iBeat Extends Seed Round to $4.5M for Wearable Heart Monitoring Smartwatch
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has closed an additional $3.5M of funding, bringing its total seed stage funding total to $4.5 million. New investors include WTI, SV Tech Ventures, Lee Equity, and renowned entrepreneurs and angel investors Michael Rubin, Mark Burg, and Harald Ludwig. iBeat plans to use the additional funds to begin clinical testing, refine its sales and marketing
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The Most Surprising Health Wearables Trend of Q2 2017?
One of the stories that is gaining traction in the health wearables space is the reality that sensors are becoming less expensive and increasingly commoditized. It’s no longer enough for health wearables makers to leverage better sensors to attract consumer interest. Instead, they must develop more holistic offerings with software that makes wearables smarter and more useful.This is one reason why wearables makers in the United States, India and other parts of the world are focusing increasingly
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VitalConnect Lands $33M to Commercialize Medical-Grade Wearable Biosensor Platform
VitalConnect, a San Jose, CA-based provider of medical-grade wearable biosensor systems has raised $33 million in Series C funding led by new investors MVM Life Science Partners and Baxter Ventures, the venture arm of Baxter International. The company plans to utilize the funding to commercialize the VitalConnect Platform and make significant strides in changing the way patient monitoring is utilized in hospitals and at home. As part of the latest funding round, Dr. Stephen Reeders, MVM founder,
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Oxitone Medical Receives FDA 510(k) Clearance for Wrist-Sensor Pulse Oximetry Bracelet
Oxitone Medical (Oxitone), an Israeli-based medical device and digital health company developing wearable monitoring solutions has received 510(k) clearance from the FDA for its wrist-sensor pulse oximetry bracelet Oxitone 1000. The wrist-sensor pulse oximeter Oxitone 1000 measures critical vital signs such as SpO2 and pulse rate with the same precision as conventional fingertip pulse oximeters.The Oxitone solution has been validated in pilot studies in a number of medical settings including
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Apple Quietly Acquires Sleep Monitoring App Beddit
Apple has quietly acquired Finland-based sleep tracking hardware and software company Beddit, CNBC first reported. The acquisition was confirmed in an update to Beddit’s privacy policy on its website stating, "Your personal data will be collected, used and disclosed in accordance with the Apple Privacy Policy." Financial details of the acquisition were not disclosed. Founded in 2007, Beddit technology is based upon a scientific principle known as ballistocardiography (BCG), an unobtrusive,
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Spry Health Unveils Clinical-Grade Wearable Loop to Deliver Continuous Vital Sign Monitoring
Spry Health, a Palo Alto, CA-based provider of remote patient monitoring solutions has unveiled their new clinical-grade wearable Loop that delivers continuous vital sign monitoring. Loop enhances timely care to chronically ill patients, with individualized analytics to improve patient outcomes, reduce hospitalization and decrease spending by healthcare organizations.Incubated at Stanford-affiliated accelerator StartX in 2013, founders Pierre-Jean “PJ” Cobut and Elad Ferber started Spry Health
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