The patient monitoring market is expected to be worth more than $350 billion by 2025, as the focus is likely to move beyond device
sales to solutions, according to a recent Frost & Sullivan's report.
The report, Patient
Monitoring Industry—Analysis of Investment and Trends outlines the
future of patient monitoring across the continuum of care, the shifts in the
market, and investment opportunities.
Evolution of
Patient Monitoring
Patient monitoring has evolved from
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Predictive Analytics in Healthcare | Health IT | Digital Health | Patient Care Solutions | News, Insights, Analysis - HIT Consultant
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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UM Spinout Fifth Eye Lands $11.5M for Early Warning Patient Deterioration System for Hospitals
Fifth Eye, a medical device software spinoff from the University of Michigan building clinical early warning patient deterioration system for hospitals has raised $11.5 million in Series A funding led by Arboretum Ventures and Cultivation Capital. Other participants in the round include were MINTS, the direct investing arm of the University of Michigan’s endowment, along with additional capital from previous investors Invest Michigan and 35 private angel investors.Why Clinicians Need A Better
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Premera Blue Cross & Cardinal Analytx Partner to AI-Driven Predictive Analytics
Cardinal Analytix, a predictive analytics company that leverages machine learning and AI technology to identify potential high-expense health plan enrollees, today announced a partnership with Premera Blue Cross, a health plan based in the Northwest. As part of the collaboration, Premera will utilize Cardinal's predictive analytics platform to identify and communicate with its plan members about potential health risks using predictive, or clinical, analytics based on advanced
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HMS’ Jennifer Forster Talks Leveraging Social Determinants of Health to Improve Population Health Outcomes
HMS’ Jennifer Forster explains how payers can cut costs and improve population health outcomes by incorporating social determinants of health (SDoH) into the mix.While the future of precision medicine is often associated with advances in genomics, there is more to consider when it comes to developing personalized treatment and PHM efforts. In fact, considering social determinants of health (SDoH), a recent and growing trend in predictive analytics, is gaining traction.A new study in Population
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RCM Provider Waystar Acquires Predictive Analytics Company Connance
Waystar, a revenue cycle technology company, today announced its acquisition of Connance, a provider of healthcare predictive analytics. As Waystar became one of the nation’s largest healthcare financial data sources through the merger of Navicure and ZirMed last year, this new acquisition will enable the company to bolster existing end-to-end revenue cycle technology offerings and predictive analytics capabilities to more than 450,000 providers, 22,000 healthcare organizations and 750 health
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Lumiata Raises $11 Million to Accelerate AI Powered Health Analytics
Lumiata raises $11M from Khosla Ventures, BlueCross BlueShield Venture Partners, and Intel Capital to fuel transformation of healthcare across insurers, providers and employers through predictive analytics. Lumiata, a San Mateo, CA-based provider of AI-powered health analytics for managing cost and risk, today announced it has raised $11 million in funding co-led by Khosla Ventures and BlueCross BlueShield Venture Partners. The investment was secured under the leadership of Dilawar Syed, who was
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Medalogix Deploys New Predictive Analytics Predictive Analytics for Home Health Utilization
Nashville-based healthcare data science company, Medalogix, announced today its newest product, Medalogix Care. This home health utilization management solution leverages predictive analytics and optimization technology to provide guidance on patient care plans to healthcare providers, based on the historical analysis of millions of patient records, care plans and outcomes. The announcement comes after Vanderbilt University Medical Center’s Health Economists peer-reviewed Medalogix’s models and
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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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Health AI Startup Medial EarlySign Lands $30M for Personalized Disease Management
Medial EarlySign, an Israeli-based provider of machine-learning based solutions to improve patient management and non-communicable disease management has raised $30 million in Series B funding led by aMoon Fund. The latest round brings the startup’s total funding, to date, to $50 million.The funding will further the use of EarlySign’s AI solutions, which leverage basic electronic health records to identify individuals at high risk of harboring or developing life-threatening diseases, helping
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