As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Smartwatch
Can Digital Health Bridge The Low-Income Gap?
We’ve known for a few years that income correlates with health in a major way. From the length of life to stroke risk to self-reported health status, the more access, opportunity, and means of upward mobility a person has, the better their projected health outcomes.
Waves of organizations are stepping up to help put things on a better course. Accountable and managed care organizations like Upward Health are working with payers, providers, and local governments to bring doctors, nurses, and
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Withings Move ECG Smartwatch with Instant AFib Detection Debuts in Europe
- Withings Move ECG, the world’s first analog watch to record an electrocardiogram (ECG) on-demand, is now available in Europe, following CE marking for medical devices.
- Move ECG syncs automatically with the accompanying Health Mate app, which instantaneously classifies the user’s heart rhythm as AFib or normal sinus rhythm.
- Move ECG is available today at the price of €129.95/£129.95 at withings.com and main retail partners and works both on iOS and Android.
Withings Move ECG,
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Fitbit Launches Premium Subscription Service to Deliver Personalized, Actionable Guidance
Fitbit, today
announced the launch of Fitbit
Premium, a paid subscription service in the Fitbit app that uses your
unique data to deliver a personalized experience with actionable guidance and
coaching. Premium leverages insights from 10+ years of Fitbit data as well as
academic and medical expertise to help you move more, sleep better and eat well
with customized programs, advanced sleep features, personal insights, thousands
of workouts, new challenges, health reports and more – all in one
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Yale, Mayo Clinic, Biofourmis Launches Research to Detect Heart Failure Using Wearable Biosensor Data
Biofourmis has entered a research partnership with the Yale University-Mayo Clinic Center of Excellence in Regulatory Science and Innovation (CERSI). Biofourmis' mobile platform BiovitalsHFTM will be leveraged in a study of patients with heart failure to monitor functional capacity and quality of life to see if greater emphasis should be placed on these measures in the drug approval process.Impact of Heart FailureHeart failure afflicts approximately 6.5 million patients in the United States and
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Livongo Announces Bi-directional Integration with Apple, Fitbit, Samsung Smartwatches
Livongo, a leading Applied Health Signals company empowering people with chronic conditions, today announced the launch of a bi-directional integration with the top smartwatches in the market, including leading models from Apple, Fitbit, and Samsung. Livongo Members can now connect their smartwatches to the Livongo mobile app to receive real-time Livongo notifications on the surface of their choice enabling Livongo to provide more timely and relevant information to Members and their care
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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App
NightWare, Inc., digital therapeutics for mental health company has received Breakthrough Status designation from the U.S. Food and Drug Administration (FDA) for its NightWare Apple Watch app that measures and treats nightmares in people with Post-Traumatic Stress Disorder (PTSD).Impact of Nightmare DisordersNightmares and Nightmare Disorder have been linked to increased suicidality, heightened risk of heart disease, diabetes, and contributes to cognitive difficulties such as memory loss,
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How Consumer Technology is Influencing Healthcare Innovation
When it comes to healthcare, we look to physicians, nurses, and specialists and trust them to be the experts when it comes to our health, but we don’t typically look to them to be technology experts. In fact, the healthcare industry, especially the back office, has been historically slow to adopt new technology, relying on paper records and pagers, fax machines and even hand delivery of files and records. Many clinics are not equipped to digitally connect to another office’s patient records.
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Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019
Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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