News & Updates
EarlySense, a provider of contact free monitoring solutions, received market clearance by the FDA for its Chair Sensor Solution. It is a contact free sensor that continuously monitors a patient’s heart rate, respiratory rate, and movement, and enables clinical staff to proactively respond to early signs of patient deterioration, as well as prevent patient falls.
According to the updated Physician Fee Schedule for 2015, the Center for Medicare and Medicaid proposed adding annual wellness visits, psychoanalysis, psychotherapy, and prolonged evaluation and management services to the telehealth services reimbursed by CMS.
Beast is the latest mobile based activity tracker in the fitness market. It is a magnetic sensor that attaches to various gym equipment’s or worn on the body itself, to help users monitor their performance in real time while working out. Beast is currently seeking backers on Indigogo.
The Android Wear has entered the health and wellness market with MediSafe and Runtastic, both of which are now available for download at the Google Play store. Android Wear is Google’s platform for smartwatches, available with watches made by LG, Motorola, and Samsung.
SwimOutlet.com, a web-based swimming retailer, launched Swim.com, a swim tracking platform that allows swimmers to track, share, and compare the workouts they monitor with waterproof activity trackers. The platform can currently integrate data from Garmin, Finis, and Swimovate activity trackers.
In a global survey, FICO, a predictive analytics and decision management software company, found that 80% of consumers want to use their smartphones to interact with health care providers. These organizations include government and private insurers, hospitals, pharmacies, mail-order drug companies, third party administrators and clinics.
According to a new research by Lux Research, the mobile health market will grow from $5.1B in 2013 to $41.8B in 2023. Clinical vital signs monitoring devices will grow from $372M in 2013 to $16B in 2023, a 46% CAGR, while consumer applications will grow from $2.5 billion to $7 billion, an 11% CAGR.
Michigan Health Connect and Great Lakes Health Information Exchange merged to form the Great Lakes Health Connect. It will cover more than 80% of the hospital beds in the state, and include more than 20,000 independent and employed providers serving more than 5M people.