What You Should Know: The Department of Defense and Philips announced a $10M award to expand the readiness of our service members with the Rapid Assessment of Threat Exposure (RATE) AI wellness tool.The first group in this new cohort are theAir Force First Sergeants, who are responsible for overall squadron health and wellness.RATE is an AI algorithm, trained on clinical data from hospital-acquired infections to work with any off-the-shelf wearable to detect possible infection, acting
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Garmin
The Quickening Pulse of the Ambulatory Diagnostic Cardiology Market
The Global Ambulatory Diagnostic Cardiology Market is evolving at a rapid pace, driven by technological developments, and shifting models of healthcare service delivery and funding. The overall market will grow from $2.5 billion in 2021, to $3.3 billion by 2026, with Long-Term ECG and, to a lesser extent, Mobile Cardiac Telemetry (MCT), being the principal engines of growth. Unsurprisingly, these two markets are garnering serious attention from large incumbent vendors in the more established
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Lumen Raises $62M for Handheld Device to Measure Metabolic Health
What You Should Know: - Lumen, the metabolic health company behind the first handheld device to measure your metabolism through the breath, today announced that it has raised $62M in a series B funding round led by Pitango Venture Capital. - Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital, and Disruptive VC. World’s Largest Platform For Measuring Metabolism To Expand Business Growth and Research Lumen helps
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HLTH22 Day 3 News Summary
DispatchHealth Raises $330M for Hospital-at-Home Care DispatchHealth, a provider of in-home medical care raises $330M led by Optum Ventures with support from current investors such as Humana (NYSE: HUM), Oak HC/FT, Echo Health Ventures and Questa Capital. New investors included Adams Street Partners, the Olayan Group, Silicon Valley Bank, Pegasus Tech Ventures and Blue Shield of California. Patients and their care partners can request DispatchHealth medical care via phone, mobile app, or
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Vivalink Integrates with Garmin, Other Wearables to Address RPM Interoperability
What You Should Know: - Vivalink is addressing these RPM interoperability challenges by announcing today that leading wearables and medical-grade devices are integrating with the company’s Biometrics Data Platform. - Now, leading pulse oximeters, blood glucose monitors and sleep monitors by companies like Garmin and Roche are available alongside the Platform to accelerate development and deployment of novel healthcare applications and research. Why It Matters Integration and
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Scripps Launches App-Based Study Using Wearable Data to Predict Virus Outbreaks
What You Should Know: - The Scripps Research Translational Institute launched DETECT, an app-based research study that will analyze wearable data shared by users with the goal of being able to more quickly detect fast-spreading viral illnesses, like flu and coronavirus. - Early detection is critical for effective public health response to infectious disease outbreaks and for improving treatments. DETECT connects with smartwatches and activity trackers, including Fitbit devices,
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Garmin Expands Into Sleep Industry with Strategic Partnership with Sleeprate
- Wearable company Garmin expands into the $69.5B sleep industry with a new strategic partnership with Sleeprate.- The partnership will leverage data and technology from both companies, giving consumers a personalized behavioral plan and e-coach to fix their poor sleep and exercise habits. Garmin International, Inc., a global leader in consumer wearables and Sleeprate, a leading sleep platform, today announced the first mobile self-help sleep assessment and improvement program that aims to help
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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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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform
LetsGetChecked, an NYC-based direct-to-consumer at-home health testing platform increasing access to laboratory and self-testing, today announced it has raised 30 million in Series B round led by LTP with participation from existing investors Optum Ventures and Qiming Venture Partners USA. At Home Testing, For A Healthier You Founded in 2014, LetsGetChecked is a medical technology platform linking customers to regulated laboratory testing to better manage and control their health. The
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Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019
Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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