The two conference sessions addressed questions about enterprise applications in the exploding field of M2M, or the Internet of Things. Moderated by Beecham Research CEO Robin Duke-Woolley, the sessions covered topics such as Long Term Connectivity, Small Vs Large Deployments, and Customer Service.
GE Healthcare is to acquire analytics provider CHCA in a move it claims will lead to better outcomes for patients in operating rooms and further aid the development of its industrial internet strategy.
The company – a subsidiary of industrial giant GE (Fairfield, CT, USA) – did not disclose how much it is to pay for CHCA but said it expected to close the deal in the second quarter of the year.
Healthcare IT players CloudVisit Telemedicine and I Do App have formed a new mobile health partnership aimed at developing new “all-in-one” telemedicine and home health devices.
CloudVisit (Cold Spring, NY, USA) provides real-time videoconferencing technology for use by healthcare providers and patients, while I Do App (Manhattan Beach, CA, USA) has developed a range of mobile health monitoring devices allowing patients to track weight, wellness and other key biometrics from their homes.
M2M chipmaker Ineda Systems has secured $17 million in funding from a number of investors, including Walden-Riverwood, Samsung Catalyst Fund, Qualcomm and IndusAge Partners.
The company says it will use the money to accelerate the development of its wearable processor unit, which is aimed at devices such as smartwatches and health and fitness trackers.
Dutch tech giant Royal Philips has launched a new medical alert service in the US that will notify emergency services if a user has fallen within his or her home.
The technology is aimed at elderly healthcare patients who may be too incapacitated to push a button on a standard remote-monitoring device, or use a phone, in the event of an accident at home.
It is also designed to eliminate the need for a landline, with more than a quarter of US households having already taken this step, according to data from the latest US Census Bureau.
Digital health player InfoBionic says it has raised a total of $17 million in a financing round led by Safeguard Scientifics, which will acquire “20% primary ownership” of InfoBionic as a result of the transaction.
InfoBionic (Lowell, MA, USA) is focused on developing patient monitoring services for chronic disease management and says the financing marks a “significant milestone” in its development, expansion and commercialization.
Healthcare insurance provider Humana has launched a trial of remote-monitoring technology for diabetes patients in partnership with tech player Pharos Innovations.
The trial is to last for a six-month period and involve some 500 Humana Medicare members in Texas, Illinois, Michigan and Wisconsin.
In a statement, Humana (Louisville, KY, USA) said it aimed to improve self-care management and reduce hospital admissions and in-patient costs through use of remote-monitoring technology.
US semiconductor giant Intel says it has completed the takeover of wearable device maker Basis Science.
Basis (San Francisco, CA, USA) specializes in developing wearables for health and wellness applications, including its Basis band health tracker, and the acquisition will provide Intel (Santa Clara, CA, USA) with immediate exposure to this fast-growing sector.
Mobile health player AirStrip has acquired Sense4Baby and said it will immediately seek FDA clearance to expand the company’s remote-monitoring service into the home.
Sense4Baby (La Jolla, CA, USA) has developed a wireless fetal monitoring system that can perform non-stress testing for high-risk pregnancies and has already received clearance from the US Food and Drug Administration and the European Commission to commercialize its medical device in clinical settings.
The mobile health market is set to generate revenues of nearly $21.5 billion in 2018, according to new data from BCC Research.
The projection implies revenues will grow at a compound annual rate of 54.9% between now and the end of the forecast period.
The market-research company says Europe will be the fastest-growing market, with revenues increasing at a compound annual rate of 61.6% between now and 2018.