Flow, a London-based medical device startup using a brain stimulation headset and therapy app to treat depression has raised $1.5 million in seed funding led by Khosla Ventures. In Europe, Flow has been approved as a Class II medical device intended for use as a treatment for depression – and is the first approved treatment of its kind in Europe available to buy and use at home. The investment will be used to support Flow’s European rollout, introduce Flow to healthcare clinics, and fund
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Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours
In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
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Paperless Beyond EMRs: 3 Reasons Why Healthcare Should Switch to Online Forms
Electronic medical records (EMRs) introduced a new era of healthcare management. Should healthcare operators want to venture farther, they may need to consider digitizing their internal operations, as well.Hospitals and clinics present extremely complex environments to manage. There is little wonder that manual and piecemeal approaches to everyday operations are no longer sufficient. Many healthcare operators are therefore turning to modern technologies. They can be optimized to make healthcare
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor
The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Flow Launches Medical-Grade Headset, Therapy App for Depression
Flow, a medical device company launches a medication-free treatment for depression comprising a brain stimulation headset and therapy app. In Europe, Flow has been approved as a Class II medical device intended for use as a treatment for depression - and is the first approved treatment of its kind in Europe available to buy and use at home.Flow BackgroundBased in Sweden, Flow was developed by clinical psychologist Daniel Mansson and neuroscientist Erik Rehn, together with a team of prominent
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Rutherford Diagnostics Inks 10-Year Partnership with Philips to Improve Diagnostic Services Across England
Royal Philips, a global health technology company has announced it signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized diagnostic services through a network of community diagnostic centers, driving the best possible healthcare outcomes for patients. Rutherford Diagnostics is a subsidiary of Proton Partners
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Smartphone Detection of Chronic Kidney Disease Could Save NHS $877M Over 5 Years
Healthy.io, an Israeli-based provider of FDA-cleared smartphone-based urinalysis has announced the results from its early detection of chronic kidney disease (CKD) pilot study with 2,000 NHS patients with diabetes. The pilot found improved test compliance (raising responses to 72% among patients who had previously not responded to testing reminders) and discovered previously undiagnosed cases of CKD (10 percent of those who took the test).Financial Impact of CKD for the NHSWith a staggering
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Utilizing Blockchain in Healthcare: 3 Lessons Learned from Abroad
According to the Edelman Trust Barometer, America is suffering from a serious trust issue, and one of the areas which Americans seem to have the least faith in is their healthcare system. According to a recent New York Times article, in 1966, more than three-fourths of Americans had great confidence in medical practitioners, compared to as little as 34 percent today.Many argue that the US healthcare system is deeply flawed and is designed to benefit medical providers and insurance carriers
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Nuance Expands AI-Powered Clinical Documentation Platform Internationally
Nuance Communications, Inc., today announced they are expanding the availability of its full suite of conversational AI-powered clinical documentation solutions internationally – now available in countries across Europe, New Zealand, Canada and more. This expansion comes as many countries outside of the U.S. continue to invest in the digitization of their healthcare systems – including increasing electronic health record (EHR) adoption rates and achieving paperless clinical documentation
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KLAS Report Reveals 3 Core Barriers to NHS Interoperability in England
Electronic patient record interoperability in NHS England is benefiting patient care but facing substantial barriers, according to a new KLAS report. NHS England’s Five-Year Forward View and the National Information Board’s response have thrust interoperable systems into the national spotlight in England, including the development of a Local Health and Care Record Exemplar program. This report represents KLAS’ first look at interoperability within the NHS. The report, NHS Interoperability 2018:
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