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
Read More
Silicon Valley
MOCACARE Unveils FDA-Approved Wireless Blood Pressure Monitor
MOCACARE, a Silicon Valley based company has launched MOCACuff, a FDA-approved wireless blood pressure monitor that fits comfortably on the wrist. Priced at $69.99, MOCACuff is the second product in the MOCACARE line that makes it easy to incorporate blood pressure monitoring into your everyday routine and receive instant, actionable insights to improve your health.MOCACARE first product, MOCAheart device uses thumb scans to measure heart rate, blood oxygen levels, and pulse wave velocity - a
Read More
Dear Silicon Valley, Healthcare Is Not an App!
It takes more than the tap of an app to practice quality healthcare, virtual or otherwise. Carena’s CEO Ralph Derrickson explains. We may be in the midst of a breakout moment for telehealth services in the U.S., especially in the wake of CMS’ Next Generation ACO Model. But don’t let the ambient glow from a screen distract you from what’s going on behind it. According to Carena’s CEO Ralph Derrickson, creating convenience and greater access with virtual healthcare services doesn’t always lead to
Read More
The Role of Secure Messaging in the Digital Health Revolution
While the world focuses on holograms and telemedicine, secure communication technology is making what could arguably be considered the most profound impact on the healthcare system. It’s less Sci-Fi than robotic surgery. Less Silicon Valley than a virtual visit. But secure messaging technology is addressing the most fundamental need within the healthcare system: effective communication.
This sponsored report by DocHalo explains the rise of secure messaging in healthcare,
Read More
Kareo Raises $55M to Expand Small Physician Practice EHR
Kareo, a cloud-based EHR provider for independent medical practices has closed $55.4 million in additional funding led by Montreux Equity Partners with participation from Silver Lake Partners and all of Kareo’s existing investors. This capital will finance the continued development of Kareo’s product line—which enables physicians to manage all major aspects of their practice—as well as expand the company’s market share. Montreux joins Kareo’s top-tier institutional investors, which
Read More