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Fitbit | Wearables | Trackers | Smartwatches | News, Analysis, Insights - HIT Consultant

Fitbit, FibriCheck Expand Partnership to Deliver CE-Marked Heart Health Detection App in Europe

by Jasmine Pennic 03/03/2020 Leave a Comment

Fitbit, FibriCheck Expand Partnership to Deliver CE-Marked Heart Health Detection App in Europe

- Fitbit and FibriCheck have expanded their partnership to enable users in France, Germany, Italy, and Spain to monitor their heart rhythm for irregularities, such as Atrial Fibrillation (AFib), directly from their Fitbit smartwatch. - The partnership was first announced in September 2019, when the FibriCheck app was made available to Fitbit smartwatch users in the UK, Ireland, the Netherlands, and Belgium. Since the app launched on Fitbit OS, more than 150,000 heart rhythm measurements have
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

by Fred Pennic 02/25/2020 Leave a Comment

CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders. - CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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Mercom: Global Digital Health VC Funding Down 6% at $8.9B in 2019

by Fred Pennic 01/15/2020 Leave a Comment

Global Digital Health VC Funding Declined At $8.9B in 2019, Mercom Reports

- New Mercom Capital annual report reveals global venture capital (VC) funding in digital health declined 6% at $8.9B compared to $9.5B in 2018. - Total corporate funding into Digital Health – including VC funding, debt, and public market funding - dropped 18% to $10.6 billion in 2019 compared to $13 billion in 2018.- Five digital health IPOs brought in a total of $1.4 billion in 2019Global venture capital (VC) funding in digital health, including private equity and corporate venture, declined
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Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

by Fred Pennic 12/31/2019 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020. Robbie Hughes, Founder, and CEO, Lumeon “Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Research: October Health IT M&A Activity, Public Company Performance

by Healthcare Growth Partners (HGP) 11/08/2019 Leave a Comment

Research: October Health IT M&A Activity, Public Company Performance

- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019 During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The
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Is The Handheld Ultrasound The Fitbit of Clinical Care?

by Erica Garvin 11/05/2019 Leave a Comment

Is The Handheld Ultrasound The Fitbit of Clinical Care?

- GE Healthcare’s James Hurley explains how innovations like the handheld ultrasound are inspiring the next digital breed of smarter, smaller, and seamless clinical care tools. Wearables—once innovations that only lived in inspired minds and science fiction novels are now nearly ubiquitous. You can’t shake a stick, or a hand for that matter, without an adorning Fitbit or Apple Watch attached to it. Yet, what started as a consumer fad is now evolving well beyond it and out disrupt U.S.
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Google to Acquire Fitbit for $2.1B in Cash, Will Not Use Fitbit Data for Google Ads

by Jasmine Pennic 11/01/2019 Leave a Comment

- Google enters an agreement to acquire wearable leader Fitbit for $2.1 billion in cash, approximately $7.35 per share. - The acquisition of Fitbit shakes up the fitness and wearables market and gives Google a considerable market share against competitor Apple.- Fitbit health and wellness data will not be used for Google ads and will give Fitbit users the choice to review, move, or delete their data.Fitbit, Inc. today announced that it has entered into a definitive agreement to be acquired by
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Google Parent Company Alphabet Reportedly in Talks to Acquire Fitbit

by Fred Pennic 10/28/2019 Leave a Comment

- Google’s parent company, Alphabet has made a bid to acquire Fitbit, according to sources familiar with the matter. - The speculation drove Fitbit’s stock by more than 30%.Google parent company Alphabet has made a bid to acquire fitness wearable company Fitbit, according to sources familiar with the matter. At this time, there is no definite if the negotiations between Google and Fitbit will lead to any deal, Reuters reports.The digital health and wellness market is crowded, with an estimated
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Validic Adds High-Frequency Data Support, Delivering Minute-to-Minute Readings From Wearables, Home Health Devices

by Jasmine Pennic 10/28/2019 Leave a Comment

Validic Adds High-Frequency Data Support, Delivering Minute-to-Minute Readings From Wearables, Home Health Devices

- Validic has added support for high-frequency data, enabling organizations to receive standardized activity, heart rate, and blood glucose data at a rate up to one reading per minute.- The availability of these data for use in healthcare and wellness programs indicate an important shift toward more real-time, individualized interventions and coaching services.Validic, a Durham, NC-based provider of solutions for personal health data, today at HLTH 2019 announced the support of high-frequency
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