Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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UnitedHealthcare and Qualcomm Integrate Samsung, Garmin Wearables Into Wellness Program
UnitedHealthcare and Qualcomm Life have integrated wearable devices from Samsung and Garmin International, Inc., into UnitedHealthcare Motion. UnitedHealthcare Motion is a national wellness program that provides eligible plan participants access to activity trackers and enables them to earn more than $1,000 per year by meeting certain daily walking goals.The Samsung Gear Fit2 Pro and Gear Sport, and the Garmin vívosmart 3, have been integrated and validated with Qualcomm Life’s 2net platform for
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Qualcomm Unveils New Line of Medical-Grade Biometric Patches
Qualcomm Life has unveiled new product line of cost-effective medical-grade biometric patches that enables continuous monitoring of patients across the care continuum. The cost-effective patches can support a multitude of intelligent care models, from perioperative care to assessing the impact of therapeutic interventions. The innovative, cost-effective patches were developed on Qualcomm Life’s 2net™ Design platform, a reference design platform for electronics modules which power connected
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UnitedHealthcare, Qualcomm Integrates Fitbit Charge 2 Wearables for Wellness Program
UnitedHealthcare and Qualcomm has announced the expansion of UnitedHealthcare Motion™, a wellness program that provides employees with Fitbit Charge 2 at no additional charge and enables them to earn up to $1,500 per year by meeting certain goals for the number of daily steps.The two companies introduced UnitedHealthcare Motion in 2016 as a pilot in 12 states to select employers, using Qualcomm Life’s 2net™ Platform* for medical-grade connectivity that features multiple safeguards to help keep
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OurCrowd Launches Israel’s First $50M Digital Health Fund
OurCrowd, an Jerusalem-based global equity crowdfunding platform for accredited investors has launched Israel's first $50 million fund to invest in digital health startups. The new fund called OurCrowd Qure will focus on digital health startups at seed and series A stages in Israel, the US and the Asia Pacific region. Allen Kamer and Dr. Yossi Bahagon has been appointed to lead the fund.OurCrowd Qure has established a collaboration with Johns Hopkins University to provide validation of value,
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Medtronic, Qualcomm Team Up to Develop Next-Gen Continuous Glucose Monitoring
Medtronic and Qualcomm has signed a global, multi-year collaboration to jointly develop future generation continuous glucose monitoring (CGM) systems that aim to improve health outcomes for people with diabetes. Both companies want to enable more informed care, by giving insights to doctors and people with type 2 diabetes concerning glucose levels specifically for those who do not have control of their diabetes today.Collaboration DetailsThe initial focus of the collaboration would be to develop
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UnitedHealthcare, Qualcomm Collaboration Provides Financial Incentives for Using Wearables
UnitedHealthcare and Qualcomm are teaming up to launch UnitedHealthcare Motion™, a wellness program that provides employees with wearable devices at no additional charge and enables them to earn financial incentives of up to $1,460 per year for meeting specific walking goals. The collaboration will focus on new UnitedHealthcare programs and services that incorporate the latest generation of wearables, medical devices and home diagnostic tests that utilize Qualcomm Life’s 2net™ Platform for
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Meaningful Use Stage 3 Proposed Rule: 5 Takeaways for Physicians
On March 20, 2015 the stars aligned to produce four simultaneous events that will never again coincide during the life of human civilization. The first three, the vernal equinox, a total solar eclipse and a new supermoon, were brought to us by the stars themselves, and the fourth one was thrown out there by the government. The regulations for Meaningful Use Stage 3 were finally published. Meaningful use of electronic health records (EHR) was presented to us back in 2009 as part of a stimulus
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Qualcomm’s Mobile Ultrasound Project Wins GSMA mHealth Award
This week during Mobile World Congress 2015 in Barcelona, the Qualcomm® Wireless Reach™ initiative and Trice Imaging won the GSMA Global Mobile award for Best Innovation in Mobile Health for their Mobile Ultrasound Patrol project in Morocco. The Mobile Ultrasound Patrol project in Morocco demonstrates the power of advanced wireless technology in addressing maternal health. Through this project, Qualcomm Wireless Reach and Trice Imaging, in conjunction with support from the Moroccan Ministère de
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