What You Should Know: XRHealth received a patent to measure sway and conduct a fall risk assessment in virtual and augmented reality. XRHealth, the leader in extended reality and therapeutic telehealth applications, announces today that they received a patent to measure sway and conduct a fall risk assessment using virtual reality and augmented reality therapy. Assessing Postural Sway in Virtual Reality or Augmented Reality Patent The patent is entitled “Assessing
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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care
Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is making imaging better and easier. Still, we’re only starting to scratch the surface of some amazing advances that promise to entirely reshape how doctors diagnose and treat patients. As with
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TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses
What You Should Know: - TRIPP, a Los Angeles, CA-based XR wellness and digital psychedelic platform, today announced its continued expansion beyond virtual reality into augmented reality (AR), launching on Nreal’s mixed reality glasses in Japan, Korea, Hong Kong, Germany and Spain. TRIPP was also selected as one of six companies to join T-Mobile’s Wellness Accelerator Program, working directly with technologists and business leaders at T-Mobile to build other 5G-powered experiences that
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets
What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
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VR and AR Simulation Medical Training Can Reduce Medical Errors
Human error is an inevitable event in the practice of any trade, including healthcare and medicine. The errors made in medicine can have many negative effects for patients and healthcare providers. A study out of Johns Hopkins in 2016 found that medical errors accounted for over 250,000 deaths annually in the United States – making it the third leading cause of death in the country (Makary 2016). Research has shown that most medical errors occur during the administration and prescribing stages
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COVID-19 Exposed The True Vulnerability of Healthcare Infrastructure
In 2019, 41 million patient records breached in 572 reported incidents at an average cost of $1.8 million per breach. These statistics are far from surprising with healthcare records selling for a reported average of $45 on the dark web. Unfortunately, the year 2020 aggravated these issues as COVID-19 exposed the true vulnerability of the healthcare infrastructure. Organizations not only had to manage the medical and financial impacts of the pandemic but also the security risks inherent in the
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FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment
What You Should Know: - FDA awards AppliedVR Breakthrough Device designation for
treating treatment-resistant fibromyalgia and chronic intractable lower back
pain - AppliedVR’s EaseVRx program helps patients learn self-management skills grounded in evidence-based cognitive-behavioral therapy (CBT) principles and other behavioral methods. AppliedVR,
a pioneer advancing the next generation of digital medicine, today announced
its EaseVRx product received Breakthrough Device designation
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XRHealth Secures Patent to Incorporate Apple Watch into VR/AR Therapy
What You Should Know: - XRHealth has just received a patent for its approach to
incorporate biofeedback from devices such as an Apple watch into its remote
healthcare therapy platform that utilizes virtual/artificial reality (VR/AR). - XRHealth plans to incorporate their VR/AR therapy with the Apple Watch, specifically since the watch has advanced features including a medical-grade, FDA-cleared electrocardiogram (EKG) that measures heartbeat. XRHealth, the
leader in extended
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry. Defining Augmented Reality Augmented
reality is a technology that blends real-world elements with virtual ones. For
example, a person might visit a trade show and aim their smartphone at a
display to activate an AR experience that allows them to see
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