The Internet of Medical Things (IoMT) is changing the face of healthcare and has the potential to significantly improve patient access as well as system efficiencies. The adoption of telemedicine, for example, spurred on by the Covid-19 pandemic, has spread rapidly. Forrester revised its forecasts to predict that virtual care visits in the United States will soar to more than one billion this year—including 900 million visits related to Covid-19 specifically. Likewise, in the United Kingdom,
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Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices
What You Should Know: - Philips partners with CyberMDX, a leader in
connected medical device security, to provide vendor-neutral solutions to
protect connected medical systems and devices. Philips, today
announced the introduction of the Philips Cybersecurity
Services for seamlessly integrating and enhancing strategic security solutions
for Philips customers. The Philips Cybersecurity
Services comprise an end-to-end suite of technologies and services to
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Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO
What You Should Know: - Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. - The company originally filed
an IPO to raise $30 million by offering 5 million shares at a price range of $5
to $7 last month to list on the Nasdaq under the symbol GMVD. - The recent withdrawal marks the company's second
attempt to go public in the US, previously filing in May 2019 and withdrawing
the following August. The company
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Social Distancing for Medical Devices: 5 Steps to Clinical Network Segmentation to Thwart Cyber-Attacks
Since the beginning of 2020, cyber-attacks have spiked by 300%. As members of the world's most targeted industry, healthcare organizations like hospitals, clinics, pharmacies, and distributors of medical equipment are more at risk now than ever. Even if an attack isn't directly targeted at connected medical (or, Internet of Medical Things: IoMT) devices, it can spread through a hospital’s internal network and infect equipment used to diagnose and treat patients such as IV pumps, patient
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FCC’s COVID-19 Telehealth Programs Surpasses $50M in Funding
What You Should Know: - To date, the FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 132 healthcare providers across 33 states plus Washington, DC for a total of just over $50M in funding. The Federal Communications
Commission’s Wireline Competition Bureau today approved an additional 43
funding applications for the COVID-19 Telehealth
Program. The seventh set of healthcare providers in both urban and
rural areas of the
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Why Now’s the Time to Use Connected Health Devices for Diabetes Prevention
It’s no secret that chronic disease remains the leading cause of death worldwide, taking up 90 percent of healthcare spending in the United States. For the last several years, there has been a rise in discussions and research around the promise of connected health devices helping manage and prevent chronic conditions as well as healthcare spending. However, today a number of factors are coming together to make that promise a reality. This includes the improvement of real-world data insights
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GE Healthcare Unveils Medical Device Cybersecurity Offering for Hospitals
- GE Healthcare introduced a new medical device cybersecurity service to help hospital groups fight against cybersecurity risks. - The offering, entitled Skeye, blends industry expertise, AI and process management tools to augment hospitals’ existing resources and capabilities by providing proactive monitoring through a remote security operations center – helping them detect, analyze and respond to cybersecurity threats and events in real-time. GE Healthcare has introduced a new
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3 Healthcare Cybersecurity Trends to Watch in 2020
The healthcare industry frequently struggles with data breaches and other cybersecurity incidents. That's likely because cybercriminals know the value of medical data. It's also problematic that healthcare information often gets passed between multiple parties and organizations, some of which may have insufficient security practices. Attacks from malicious actors aren't ceasing, which means healthcare cybersecurity must remain a priority in 2020. But, what, specifically, should parties
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5G in Healthcare: 7 Advantages & Disadvantages for Providers to Know
It’s a fact. The more bandwidth-intensive connected medical devices and mobile devices our hospitals deploy, the more we are straining our health IT infrastructures. Something has to give. Many communications leaders see 5G technology’s real-time high bandwidth and lower latency access as powerful new technology features that are needed to expand healthcare applications’ capabilities and the functioning of medical devices, robotics, and mobile devices. Some say 5G will be transformative. Others
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Only 15% of US Consumers Used A Telecare Service in Past 12 Months
As consumers integrate connected devices and services ever more deeply into their lifestyles, they bring the same expectation and desire to their health and wellbeing. New research from Parks Associates reveals 15% of US broadband households have used a telecare service in the past 12 months. The new report quantifies the adoption and use of consumer wearables and other connected fitness devices and evaluates consumer usage patterns and desire for new features.It also examines the growing
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