Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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mHealth | Mobile Health | Mobile Healthcare - HIT Consultant
Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network
mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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GoCheck Kids Nabs $6M for iPhone App That Detects Amblyopia in Pre-Verbal Children
GoCheck Kids, the creators of an FDA-registered and CE certified iPhone app that screens for amblyopia in pre-verbal children used by over 4,500 pediatricians announced it has raised $6M in Series B funding led by FCA Venture Partners. The investment will be used to add artificial intelligence capabilities with Apple’s CoreML and ARKit and accelerate further electronic health record (EHR) integrations.
Amblyopia: The Leading Cause of Vision Loss in U.S. Children
According to the CDC,
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PointClickCare Launches New iOS Mobile App for Senior Living
PointClickCare, a cloud-based software vendor for the long-term and post-acute care (LTPAC) and senior living sectors has launched a new mobile app, PointClickCare Companion. The new mobile app leverages the powerful design possibilities of iOS to change the way senior living providers track and manage the delivery and documentation of care services, medication, and billing.Financial Stress of Senior Living ProvidersSenior living providers have been under increasing financial stress over the
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Vuzix, VSee Launches Telemedicine Smart Glasses Solution
Vusix, a supplier of Smart Glasses
and Augmented Reality (AR) technology and products, today announced it is
partnering with VSee, San Jose-based telemedicine
company, to provide a smart glasses telemedicine solution for real-time video. Adding
HIPAA-compliant live video chat to the Vuzix smart glasses line means real-time
video doctor visits, surgical training, medical equipment training, and more.
VSee provides a HIPAA-compliant video telehealth and
telemedicine video conferencing solution
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Amazon Choice Integrates with One Drop for Diabetes and Hypertension Management
One Drop, a provider of digital therapeutics solutions, today announced an integration partnership with Amazon’s exclusive health brand, Choice. The integration with One Drop’s app will provide Amazon’s Choice customers living with diabetes and hypertension with affordable, accessible, and comprehensive digital health management services.One Drop/Amazon Choice Integration BenefitsLaunched in late 2018, Amazon Choice was developed by Arcadia Group to offer an array of affordable medical devices
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5 Groundbreaking Findings from the Stanford and Apple Heart Study
Stanford Medicine researchers recently released preliminary results of the Apple Heart Study, the largest study ever of its kind, which enrolled over 400,000 participants from all 50 states in a span of only eight months.
Apple Heart Study Overview
Presented at American College of Cardiology’s 68th Annual Scientific Session and Expo in New Orleans, the study was launched in 2017 to evaluate Apple Watch’s irregular rhythm notification, which occasionally checks the heart's rhythm in the
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U of Michigan Launches 3-Year Health Data Collection Study Using Apple Watch
The University of Michigan has launched a three-year research study to understand if data collected on Apple Watch, combined with other health information, can provide insight into health, wellness, and disease. The goal of the research study is to understand the role of wearable mobile devices in predicting the onset of common health conditions and understanding the health trajectories of participants with these conditions.
MIPACT Study Background
The study called
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Northwestern Medicine and Eko Launches AI Algorithms Heart Murmurs Study
Northwestern Medicine and Eko launches a new clinical study to validate algorithms that help providers more accurately screen for valvular heart disease with a digital stethoscopeToday Northwestern Medicine Bluhm Cardiovascular Institute and Eko have announced a partnership pioneering the use of artificial intelligence (AI) for cardiac screening in a new study of Eko’s cardiac monitoring platform. The study aims to demonstrate that Eko’s digital stethoscopes and AI algorithms can interpret heart
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Fitbit Partners with Solera Health to Address Type 2 Diabetes
Fitbit, today announced its expanded partnership with Solera Health, an integrated benefit network to reduce the risk of type 2 diabetes by encouraging positive behavior changes, such as increased physical activity and weight loss.Type 2 diabetes affects more than 30 million American adults and costs the U.S. approximately $327 billion annually in direct medical expenses and lost productivity. Yet, the onset of disease can be delayed – or even prevented – among the 84 million U.S. adults at high
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