Big News, But Just The Beginning
These days, big news stories in healthcare are just as likely to come from large technology companies as from major healthcare institutions. Case in point: In early 2018, Amazon created a huge stir in the industry early by announcing a venture with JPMorgan and Berkshire Hathaway that promised to go after the “hungry tapeworm” that is the cost of healthcare in the
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Patient Monitoring
Medical Informatics Corp. Raises $11.9M for FDA-Cleared Patient Monitoring and Predictive Analytics Platform
Medical Informatics Corp. (MIC), a Houston, TX-based provider of an FDA-cleared patient monitoring and predictive analytics platform has raised $11.9M in Series A funding led by Data Collective Venture Capital (DCVC) with significant participation from Intel Capital and the Texas Medical Center (TMC) Venture Fund.The Inaccurate State of Today’s Predictive Analytics in Hospital SystemsHospital systems across the country are searching for ways to use machine learning and AI to get ahead of
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Rock Health Q1 2019: Digital Health Funding Breaks $986M
Digital health funding reached $986M across 61 digital health deals in Q1 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The Q1 2019 funding represents about half of the $1.62B that was raised a year ago in Q1 2018 but in line with 2017 and 31% below 2016.
Compared to the $1.2B in Q4 2018, quarterly funding has averaged $1.4B over the past two years (Q1 2017-Q1 2019). Rock Health signals the $986M invested in this past quarter are somewhat below
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Analysis: How Digital Health Solutions Are Disrupting Care Delivery in Hospitals
Rainer Herzog, Vice President at Research2GuidanceNew stakeholders are entering the hospital arena, contesting the hospitals’ traditional role and freedom to provide care to the community. The newcomers’ focus is on digital care delivery processes and on a digitally enabled patient experience. Hospitals will have to start now to prepare their organizations for the coming change. Creating digital partner ecosystems is one prominent way to approach this task. Hospital stays can be frightening,
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HIMSS19 Day 2 Announcements & Summary
Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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Is The Internet of Medical Things (IoMT) on Par With the IoT Market as a Whole?
The Internet of Things (IoT) has bred a variety of new technology solutions, used across just as many disparate industries. The Industrial Internet of Things (IIoT) is essentially IoT devices used within construction, development and industrial environments.Similarly, the Internet of Medical Things (IoMT) involves connected devices used within the medical and health care industry.They differ from general IoT not just in terms of usage, but also in design. IoT is often more consumer-focused,
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Philips & Children’s Health of Dallas Sign 15-Year $75M to Innovate Their Patient Monitoring & PACS System
Philips and Children’s Health of Dallas announced a 15-year, $75 million strategic agreement to innovate their patient monitoring and PACs systems for nearly one million patients in North Texas.Through this agreement, Children’s Health will achieve standardized patient monitoring through Philip’s leading patient monitoring technologies, including the Intellivue X3 patient monitor, which puts critical patient information at clinicians’ fingertips in an easy to understand format. This allows staff
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iGlucose Integrates with Validic’s Data Connectivity Platform to Simplify Diabetes Management
Smart Meter, LLC, makers of the iGlucose® Cellular Diabetes Care Solution, announced its integration with Validic, a healthcare data connectivity platform. The integration brings a simple, convenient and affordable diabetes management solution to people with diabetes, healthcare teams, and population management programs. The iGlucose solution, which uses cell-enabled technology to automatically transmit real-time blood glucose results, removes complex technology issues by automatically
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Jackson Health Signs 11-Year Enterprise Patient Monitoring Service Deal with Philips
Philips and Jackson Health System sign groundbreaking 11-year agreement for Enterprise Monitoring as a Service that will define revolutionary healthcare delivery business model, reduce costs, standardize enterprise patient monitoring & management, & improve patient & staff satisfactionPhilips and Jackson Health System announced the world’s first long-term strategic partnership based on an Enterprise Monitoring as a Service (EMaaS) model. The 11-year partnership, aimed at pioneering
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Philips Launches EHR-Integrated Patient Monitoring Solution for Clinicians
philipPhilips has announced the launch of their next-generation Patient Monitoring solution, an enterprise-wide system that consists of bedside, transport, mobile and central station monitoring technology backed by a new approach of consulting, training, service and customer support.Helping Clinicians Improve Patient CareWhen patients are admitted to the hospital, they are frequently transferred between departments, which can make it difficult for clinicians to obtain complete data from
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