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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EarlySense
Netherlands Hospital Deploys Contact-Free Continuous Monitoring for COVID-19 Patients
What You Should Know: - MedTech developer EarlySense announced that Netherlands hospital Franciscus Gasthuis & Vlietland has implemented contact-free continuous monitoring in its expanded pulmonary department to remotely monitor isolated COVID-19 patients and limit exposure of health staff. - EarlySense continues to offer its solution to additional hospitals and skilled nursing facilities to assist in the global battle against coronavirus. EarlySense, a provider of
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Jumping to Lightspeed – Consolidating Patient Monitoring Devices
In the early summer of 2005, Star Wars Episode III – Revenge of the Sith premiered worldwide. Diehard fans flocked to the theaters to see Anakin Skywalker embrace the dark side of the force, battle Obi Wan Kinobi and transform into the infamous Darth Vader. While audiences were enthralled by vivid battle scenes and cool effects, I was intrigued by a less popular scene, where Padmea, mother of Luke and Leia Skywalker, is examined and cared for in an out-of-this-universe hospital room. Padmea
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2019 MedTech Breakthrough Award Category Winners Announced
MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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EarlySense Raises $39M to Expand Contact-Free Monitoring & Analytics Solution
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $39 million in funding from Hill-Rom and Wells Fargo Strategic Capital. The round also included participation from BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital. Existing investors, Pitango Venture Capital and JK&B Venture Capital. Founded in 2004, EarlySense’s FDA-cleared and CE-approved solutions are used by healthcare
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EarlySense Acquires Analytics Score Tool That Predicts Cardiac Arrest Risk
EarlySense, the market leader in contact-free continuous monitoring solutions across the healthcare care continuum, announced today it has signed a deal for exclusive global rights to a cardiac predictive analytic scoring tool. Developed by Dr. Dana Edelson, Executive Medical Director of Rescue Care at the University of Chicago, the eCART ‘Lite’ early warning score tool analyzes heart and respiratory parameters to predict cardiac arrest risk and enable early intervention. Dr. Edelson’s clinical
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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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Israeli Digital Health Startup EarlySense Lands $25M for Contact-Free Monitoring
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $25 million in funding, led by Israel’s largest bank, Bank Hapoalim. Pitango Venture Capital, JK&B Capital and other previous investors also participated in the round.The latest round brings the company's total funding to $100M including strategic investments from Samsung, Welch Allyn and Mitsui. The company will utilize the funding to scale its product
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EarlySense Launches New Alert for Early Detection of Sepsis
Early detection of SIRS/Sepsis in hospitals is critical to treating this serious condition which affects 1 in 50 hospitalized patients. Fortunately,EarlySense’s new Multi-Parameter Alert may be part of the solution. The Multi-Parameter Alert combines heart rate and respiratory rate data from EarlySense’s sensor to allow clinicians to detect changes over time while supporting hospital protocol for early detection of SIRS/Sepsis. Sepsis is a life-threatening illness that can impact people of every
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