What You Should Know: - InfoBionic, a digital health company providing AI-powered diagnostic remote patient monitoring solutions has entered into an agreement with Mayo Clinic to incorporate its extensive know-how in cardiac patient monitoring, AI-ECG, and virtual telemetry to optimize and build upon its existing monitoring platform. - The collaboration aims to enhance InfoBionic's current proprietary AI algorithms and analytics capabilities to provide more personalized and
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Telemetry
InfoBionic Secures Funding to Expand Virtual Telemetry Solution
What You Should Know: - InfoBionic, a digital health company focused on virtual telemetry and cardiac remote patient monitoring closes its Series D financing round. The series D funding round includes participation by Security International Investments (SII), Mayo Clinic and Excel Venture Management while distinguished existing investors like Blue Cross Blue Shield of MA (Zaffre Investments), Blue Cross Blue Shield of Kansas and Safeguard Scientifics remain actively involved. - The
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The Quickening Pulse of the Ambulatory Diagnostic Cardiology Market
The Global Ambulatory Diagnostic Cardiology Market is evolving at a rapid pace, driven by technological developments, and shifting models of healthcare service delivery and funding. The overall market will grow from $2.5 billion in 2021, to $3.3 billion by 2026, with Long-Term ECG and, to a lesser extent, Mobile Cardiac Telemetry (MCT), being the principal engines of growth. Unsurprisingly, these two markets are garnering serious attention from large incumbent vendors in the more established
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Top 10 Health Technology Hazards in 2023 to Watch
What You Should Know: - ECRI, the nation's largest non-profit patient safety organization, names communications gaps with recalls of home-use medical devices as the nation’s most pressing health technology safety issue for 2023. - ECRI’s Top 10 Health Technology Hazards for 2023 list identifies the potential sources of danger that will warrant the greatest attention for the coming year and offers practical recommendations for reducing
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How Patient Movement Benefits from Standardized Acuity Scoring
Nurses and providers typically assess patient acuity and volume at the beginning of their shift, whether formally or informally. Managers use patient acuity to balance nursing assignments, and nursing staff uses it to determine which patient care action should be prioritized next. Taking a standardized approach to acuity assessments not only provides more objectivity, but also gives hospitals the data they need to make a variety of tactical and strategic decisions, from daily unit staffing to
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Ohio Hospital Selects Hicuity Health for Tele-ICU and Telemetry Services
What You Should Know: - Knox Community Hospital has selected Hicuity Health to provide both tele-ICU and cardiac telemetry services. Hicuity Health is well-positioned to address the hospital’s multiple care needs and enables the facility to expand access to critical care within the community while also supporting Knox clinical staff as they address the around-the-clock challenges of critical care. - By partnering
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Could ‘Hospitals Without Walls’ Be the New Normal for Telehealth and Remote Patient Monitoring?
The statistics surrounding the COVID-19 pandemic continue to be startling, despite the ever-growing mental and physical fatigue that we’ve all experienced living through this frightening, intimidating and unprecedented era. More than 125 million cases worldwide have resulted in a death toll closing in on three million, while in the United States alone, 30 million reported infections have resulted in a death toll that reached 550,000. (1) One thing that can be said for certain about
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Boston Scientific Acquires Remote Cardiac Monitoring Company Preventice Solutions for $1.2B
What You Should Know: - Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B. - The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities. Boston Scientific today announced that it has acquired Preventice Solutions, Inc., a
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4 Predictions for Diabetes Management and Technology in 2021
The COVID-19 pandemic continues to put an unprecedented amount of strain on the entire healthcare sector, and the industry has responded by accelerating the ways innovation is developed and adopted. Health leaders have faced a generational challenge and the result has been the rapid deployment of technology to address dire patient needs. Health systems, physicians, and frontline staff pulled together in remarkable fashion to implement these emerging technologies that enhance the ways patients
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Advanced ICU Care Rebrands as Hicuity Health
What You Should Know: - Advanced ICU Care, has announced a corporate name change to Hicuity Health. The new brand more accurately reflects the organization’s evolving portfolio of advanced telemedicine services and future expansion of its solution offerings. - The updated branding will support Hicuity Health’s continuing expansion of its inpatient telemedicine solution offerings, with each new service line focused on aiding partner hospitals in improving patient health while also
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