Digital Health
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ResMed beats Street with ventilators driving revenue up 9%, but tailwinds ebbing
"While we are still working on current and future contracts with hospitals, as well as city and national health authorities for these ventilators, the volumes will be significantly lower in the September quarter," said CEO Mick Farrell.
By Greg Slabodkin • Aug. 05, 2020 -
iRhythm stock leaps 33% after CMS pitches new reimbursement codes
Permanent codes validate the digital health company's wearable heart monitoring technology and could drive more widespread adoption for detection of atrial fibrillation and other abnormal rhythms, CEO Kevin King said.
By Susan Kelly • Aug. 05, 2020 -
Livongo scooped up by Teladoc in $18.5B deal
An explosion in the use of virtual care during the pandemic may have sped up the timeline for the merger. Both companies' share prices are down on the news.
By Shannon Muchmore • UPDATED: Aug. 5, 2020 at 11:10 a.m. -
Philips sees double-digit COVID-19 connected care bump amid Q2 sales dip
Headwinds won out this spring, dragging total sales down 6%. Still, management predicted the return of elective procedures will help tip the balance to growth for the rest of the year.
By Nick Paul Taylor • July 20, 2020 -
As FCC taps out its $200M coronavirus telehealth program, major nonprofit providers cash in
"One worries that the money went to health systems with the capacity to write an application for the money rather than the providers who needed it most," healthcare policy expert Ateev Mehrotra said.
By Rebecca Pifer • July 09, 2020 -
Philips wins $100M tele-ICU contract from VA
The company said it's creating the world’s largest system for providing remote access to critical care expertise, regardless of patient location.
By Nick Paul Taylor • July 09, 2020 -
Fotolia
Digital health funding defies expected pandemic-era slowdown
As COVID-19 roiled economies in the first half of 2020, investors poured $5.4 billion into digital health startups, the largest investment in the sector for the period over the past decade, per a midyear report from Rock Health.
By Susan Kelly • July 07, 2020 -
Courtesy of Centers for Disease Control and Prevention
BARDA backs push for clinical-grade wearable to detect signs of COVID-19
As companies like Fitbit aim to leverage their wrist-worn devices to monitor for disease symptoms, developers at Northwestern University argue that consumer tech falls short compared to clinical-grade, chest and neck-worn wearables.
By Nick Paul Taylor • July 02, 2020 -
Fotolia
Sidekick, Pfizer team on digital therapeutic for chronic disease
The collaboration marks the second partnership with the drug giant in under a year for the 6-year-old digital therapeutics maker, which also is working with Bayer on a behavior modification and medication management tool.
By Susan Kelly • June 30, 2020 -
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AdvaMed, tech groups urge Congress to make eased telehealth rules permanent
Separately, Jefferies analysts pegged Teladoc, Quest Diagnostics, Exact Sciences and CareDx as beneficiaries of the boost in virtual care that's come during the COVID-19 pandemic.
By Greg Slabodkin • June 30, 2020 -
FDA nod to Boston Scientific cardiac monitor clears challenge to Abbott, Medtronic
The medtech giant is betting remote adjustment will put its LUX-Dx insertable system in a position to take on rivals, which have a years-long head start.
By Nick Paul Taylor • June 29, 2020 -
CMS wants to make home health telemedicine permanent after COVID-19
Agencies would be able to keep using the tech for beneficiaries under the Medicare home health benefit beyond the public health emergency, including remote patient monitoring, according to a proposed rule fact sheet.
By Rebecca Pifer • June 26, 2020 -
"Man in face mask in front of Union Station at 50 Massachusetts Avenue, NE, Washington DC on Thursday morning,19 March 2020" by Elvert Barnes Photography is licensed under CC BY-SA 2.0
BARDA backs study of Empatica's COVID-19 early warning platform
The system, which measures physiological data including blood volume pulse and electrodermal activity, is the latest in a growing list of wearables being primed to detect and monitor infections.
By Susan Kelly • June 22, 2020 -
Lack of data encryption for Baxter devices flagged in flurry of DHS alerts
The Department of Homeland Security's cyber agency published four advisories, ranging from 7.5 to 8.6 on its 10-point severity scale, about vulnerabilities in infusion pumps, hemodialysis delivery systems and other tech.
By Nick Paul Taylor • June 19, 2020 -
Screenshot of virtual Senate HELP hearing, June 17, 2020
Senators back sustaining telehealth momentum post pandemic
Top priorities include axing geographic restrictions, expanding Medicare and Medicaid reimbursement for virtual care services, and upping use of remote patient monitoring and digital health tools for patients with chronic conditions.
By Rebecca Pifer • June 18, 2020 -
Retrieved from Akili Interactive/Businesswire on June 15, 2020
In FDA 1st, game-based therapeutic gets marketing OK
Digital therapeutics developer Akili Interactive Labs won De Novo authorization for a treatment meant to improve attention function in children with ADHD, building on a rollout it began under a special COVID-19 policy.
By Maria Rachal • June 16, 2020 -
Adobe Stock
Heart rhythm bodies see 'clear concerns' with using wearables to detect arrhythmias
A paper published on Monday by the Heart Rhythm Society, along with counterpart groups in Asia, Europe and Latin America, found wearable-triggered false positives can cause unwarranted concerns and screening.
By Nick Paul Taylor • June 16, 2020 -
Geisinger
Siemens Healthineers, Geisinger ink 10-year digital health partnership
It's one of the medtech's largest partnerships of its kind in North America, as it plans to provide diagnostic imaging and artificial intelligence-enabled applications to the health system over the next decade.
By Greg Slabodkin • June 09, 2020 -
BARDA, Evidation team on early detection of COVID-19 using wearables
As part of an agency program to identify people infected with the virus, the company will analyze sleep and activity data, plus self-reported symptoms, aimed at creating an early warning algorithm.
By Nick Paul Taylor • June 05, 2020 -
Pandemic causes expected wearable shipments to plummet by 27M this year
But analysts expect a drawn-out recovery for the sector as wearables bolster their advanced health monitoring features and consumers remain increasingly health-conscious coming out of the COVID-19 crisis.
By Rebecca Pifer • June 04, 2020 -
Getty Images
Emergency authorization granted to COVID-19 ICU prediction software
The FDA nod for CLEW Medical's system is among a series of regulatory OKs for products designed to inform care for infected patients.
By Nick Paul Taylor • May 28, 2020 -
Rost-9D via Getty Images
Sponsored by Alexander GroupHow leading commercial organizations will ramp upon re-open
Increased agility helps healthcare commercial leaders adapt to a new buyer journey.
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ResMed, Medtronic embrace remote tech amid COVID-19, say it's here to stay
The crisis has sped adoption of digital health technologies to help hospitals create safe physical distances between healthcare workers and patients. Execs say some could become permanent products.
By Greg Slabodkin • May 26, 2020 -
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Philips lung ultrasound, Beckman sepsis diagnostic receive BARDA coronavirus backing
The separate projects aim to incorporate machine learning algorithms to enhance technologies meant to support COVID-19 patients.
By Susan Kelly • May 19, 2020 -
Courtesy of UnitedHealth Group
UnitedHealth, Microsoft launch COVID-19 screening app for employers
The healthcare behemoth said it will control employees' medical data and manage opt-in and consent requirements for users. The app will not provide tracking or contact tracing information.
By Rebecca Pifer • May 15, 2020
