Fitbit, Inc., a provider of connected health and fitness market this week reported it sold 4.8 million connected health and fitness devices in the first quarter of 2016. The wearables company reported total revenue of $505.4 million, GAAP diluted net income per share of $0.05, non-GAAP diluted net income per share of $0.10, and adjusted EBITDA of $45.1 million, for its first quarter of 2016.Successful Launch of Fitbit Blaze and Alta Weraables 47% of the reported revenue was driven by the recent
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Wearables in Healthcare| Medical Grade | News, Analysis, Insights - HIT Consultant
5 Healthcare Systems Pump $17M into Google Glass Startup Augmedix
Augmedix, Inc., a Google Glass-focused digital health startup announced it has raised $17M in strategic funding from leading healthcare systems including Sutter Health, Dignity Health, Catholic Health Initiatives (CHI), TriHealth Inc, and one more. The strategic round was led by Redmile Group with participation from founding institutional investors Emergence Capital and DCM Ventures. Augmedix has raised $40 million in total funding to date. The strategic investment from the five healthcare
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Smartmedical Launches Emotion Recognition App for Apple Watch
On Tuesday, Tokyo, Japan-based Smartmedical Corp announced the official launch of EmoWatch, the first vocal emotion recognition app for the Apple Watch. Based on Empath, Smartmedical's proprietary vocal emotion recognition technology, the app identifies and tracks users' emotions from their voices, regardless of language, by analyzing multiple vocal properties such as intonation, pitch, speed, and volume. By analyzing multiple physical properties of the voice, EmoWatch can identify emotions in
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Fitbit Ships 1 Million Fitbit Blazes & Alta Devices Within First Month of Availability
Wearable device maker Fitbit announced it has shipped more than one million Fitbit Blaze™ devices in its first month of availability, exceeding internal Fitbit sales forecasts. During this time, Fitbit Blaze has captured the ranking of #1 bestselling device in both the smart watch and heart monitor categories on Amazon. Priced at $199.95, Fitbit Blaze puts the emphasis on next generation health and fitness features first and foremost, such as PurePulse® continuous, wrist-based heart rate
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Virgin Pulse Unveils Apple Watch App for Personalized Employee Wellness
Virgin Pulse, part of Richard Branson's Virgin Group that provides employee-centric solutions to drive wellbeing has announced the launch of the Virgin Pulse app for Apple Watch. The Apple Watch app underscores Virgin Pulse’s long-standing commitment to supporting the most popular and widely used devices that engage users directly in managing and tracking their personal and professional wellbeing goals. Virgin Pulse App for Apple Watch OverviewThe Virgin Pulse app for Apple Watch delivers a
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AliveCor Unveils Medical-Grade EKG Band for Apple Watch
AliveCor, Inc., a provider of FDA-cleared electrocardiogram (EKG) technology for mobile devices has unveiled the first medical-grade EKG band for the Apple Watch, Kardia™ Band. Pending 510k clearance, the Kardia™ Band allows people to discretely capture their EKG anytime, anywhere. The band is expected to ship late spring with a new app now available for smartphones.
How It Works
Users can record a single-lead EKG by simply touching Kardia Band's integrated sensor that communicates with
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Allscripts, Garmin Partner to Integrate Wearables with Population Health Tools
To help clinicians better manage patient care, Garmin will join with Allscripts to integrate its vívofit suite of wearable devices into the FollowMyHealth and CareInMotion platforms, designed to address specific population health management priorities. Berkshire Medical Center (Pittsfield, Mass.) will serve as the beta site for this 2016 initiative.
As part of pilot, Berkshire Medical Center will identify a specific patient population to wear vívofit devices and use the Index Smart Scale.
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UnitedHealthcare, Qualcomm Collaboration Provides Financial Incentives for Using Wearables
UnitedHealthcare and Qualcomm are teaming up to launch UnitedHealthcare Motion™, a wellness program that provides employees with wearable devices at no additional charge and enables them to earn financial incentives of up to $1,460 per year for meeting specific walking goals. The collaboration will focus on new UnitedHealthcare programs and services that incorporate the latest generation of wearables, medical devices and home diagnostic tests that utilize Qualcomm Life’s 2net™ Platform for
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Report: Wearables Poised to Dominate Medical Device Market Share
A new patent landscape report from iRunway reveals a tectonic shift in the medical devices industry, with new technology players poised to take significant market share from traditional medical device manufacturers in the non-invasive monitoring arena.
Medtronics, General Electric, Eli Lilly Company and others have long controlled sizable and lucrative healthcare monitoring markets, and they will likely continue to dominate invasive monitoring. However, Jawbone, Fitbit, Google, Garmin and
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Fitbit Unveils Fitness Wristband, Fitbit Alta
Fitbit, the leader in the connected health and fitness market, today introduced Fitbit Alta™ – a slim, sleek fitness wristband that can be personalized to fit your style, while advanced health and fitness features make tracking workouts effortless and deliver positive motivation to keep you moving. Fitbit Alta is designed with a satin finish, stainless steel body and features a line of stylish interchangeable bands in multiple popular colors and premium materials so you can find the right style
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