What You Should Know:
- Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense.
- As part of the agreement, EarlySense will receive licensing for
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Contactless Monitoring Solution
Study: Continuous Patient Monitoring Could Save Healthcare $15B
Continuous contact-free patient monitoring can save the US healthcare system up to $15 billion annually, according to peer-reviewed paper published in Critical Care Medicine. Conducted by researchers from Harvard School of Medicine, and a new Frost & Sullivan report, Finding Top-Line Opportunities in a Bottom-Line Healthcare Market, each hospital bed monitored with EarlySense enables hospitals to achieve a cost savings of approximately $19,940.The cited cost savings are attributed to
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Philips Unveils Contactless Monitoring Solution to Measure SpO2 Levels
Philips announced this week the results of the first published study to demonstrate that absolute oxygen saturation of arterial blood (SpO2), a vital sign that is commonly monitored in hospitalized and other patients, can be accurately measured across multiple patients using contactless technology. The study, published in the June issue of the journal Anesthesia & Analgesia, used Philips proprietary camera-based monitoring technology to measure the light reflected off the foreheads of 41
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