Medical sensors are everywhere, and the market continues to boom. In 2012, the medical sensor market was already worth $8 billion, and biosensors contribute more than 60% of that total revenue, according to Markets and Markets. The trend is all over the world, with 42 percent of the market share coming from North America, 32 percent from Europe, and the rest filled out by Asia Pacific countries.
In 2015 alone, Pivotal reported that the consumer wearable sector is expected to grow by a
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Microsoft Unveils 2015 Health Innovation Awards Winners
Each year, the Microsoft Health Innovation Awards showcases how innovative companies are using their technology to revolutionize medicine by bringing therapeutic breakthroughs to the market faster, to fight serious ailments, improve healthcare and enhance quality of life.
Announced during HIMSS15 last week, here is a look at this year's winners by each submission category:
Innovation in Analytics: STE Consultants, LLC and ABPathfinder, Inc.
ABPathfinder
Read More
Healthcare Analytics Platform Arcadia Healthcare Solutions Gets Raises $13M
EHR data aggregation/analytics and consulting firm Arcadia Healthcare Solutions announced this week, it has raised $13M in funding led by private equity firm Peloton Equity with participation by existing investors and Zaffre Investments, a subsidiary of Blue Cross Blue Shield of Massachusetts. The capital will be used to develop its data aggregation and analytics platform, accelerate sales and marketing, and make new key hires at the executive level.
Founded in 2002, the Burlington, MA-based
Read More
Employee Stress Management App meQuilibrium Raises $9M
Studies show that up to 95% of U.S. workers experience moderate to severe stress, propelling absenteeism, productivity, injury and turnover costs. These factors cost U.S. businesses an estimated $300B annually, and healthcare expenditures are estimated to be 50% greater for high-stress workers.
Today, meQuilibrium, an online platform that beats stress, builds resilience and promotes healthy behavior, announced that it raised a $9 million Series B financing round led by Safeguard Scientifics
Read More
IBM to Acquire Explorys & Phytel To Fuel Watson Health Unit
Today IBM announced plans to acquire Explorys, a healthcare intelligence cloud company that has built one of the largest clinical data sets in the world and Phytel, a leading provider of integrated population health management software. The acquisition of both companies strengthens IBM's leadership position in healthcare analytics and cloud computing, and will help bolster its ability to extract and share deep insights to improve wellness and benefit patients.
Explorys and Phytel will now
Read More
Healthcare Gamification Startup Ayogo Raises $2M
Ayogo Health, a patient engagement company that transforms the way consumers with chronic conditions engage with their own care through healthcare gamification has raised $2.5M in Series A funding from a syndicate of investors including Merck Global Health Innovation Fund (GHI), Excel Venture Management, and 7Wire Ventures. The capital will help accelerate Ayogo’s growth with expanded research and development and sales and marketing. Additionally, David Stevenson of GHI, Caleb Winder of Excel,
Read More
Livongo Health Nabs $20M to Expand Diabetes Management Program
Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has raised $20 million in Series B funding from investors including Kleiner Perkins Caufield & Byers (KPCB), DFJ and previous investor General Catalyst.
The capital will enable the company to further develop its chronic disease management ecosystem and accelerate the adoption of the company's digital diabetes management program, Livongo for Diabetes, among self-insured
Read More
Consumer Health Engagement Platform Novu Raises $20M
Novu, a consumer health engagement platform that focuses on individual wellness and employee well-being through a daily lifestyle practice has raised $20M in funding from SSM Partners and Noro-Moseley Partners. The company will use the capital to further establish its leadership position and propel its technology and product roadmap to support existing and new market opportunities.
Through Novu, insurers, health care providers and employers can engage consumers to create
Read More
Rock Health’s Halle Tecco Talks Why Gender Diversity Matters in Healthcare
Are women workers valued in the healthcare? Not enough, apparently. Rock Health’s latest report: The State of Women in Healthcare points to some sobering, and perhaps, surprising statistics about women working in today’s healthcare industry.
The report, which surveyed more than 400 women across the healthcare sector (including entrepreneurs, investors, industry executives, and healthcare professionals), revealed that women make 80 percent of the personal health decisions for their families,
Read More
Weight Watchers Acquires Weight-Loss Selfies Startup Weilos
Weilos, an online social platform for people to share their fitness updates to inspire others and receive support has been acquired by Weight Watchers, TechCrunch first reports has learned. The purchase price is reportedly is in the single-digit millions, according to a source.
Launched out of startup accelerator Y Combinator back in August 2013, the startup initially focused on fitness coaching pairing its users with amateur coaches with a previous weight loss history of their own. The
Read More
