Tags: CES | GE Healthcare | handheld ultrasound | Intel Health Guide | Morsel | Vscan | West Wireless Health Institute | wireless medical sensors | WWHI |
The West Wireless Health Institute announced a partnership today with GE Healthcare to jointly work on a variety of educational, technical and research initiatives related to wireless health. The WWHI noted that its technology and education partnerships are based on the mutual exchange of ideas, technical assistance and expertise — but do not include the exchange of funds. Therefore, assumedly, the partnership included no financial deal.
The WWHI’s co-founder Dr. Eric Topol has long been a fan of GE Healthcare’s portable, handheld ultrasound device, Vscan. While Vscan currently has no wireless networking capability, Topol often pointed to the device, which is about the size of a large mobile phone, as the future for personal medical devices. Topol also gave the very first live demo of GE’s Vscan on-stage during his keynote at the Consumer Electronics Show in Las Vegas earlier this year. (Revisit that here.)
While the Vscan received no mention in the WWHI-GE partnership press release, the WWHI did refer to GE as having demonstrated leadership in the emerging wireless health industry. In the past some of the wireless health-related GE we have covered includes GE’s partnership with Intel for the Health Guide; GE’s wireless sensor initiatives for premature infants; and GE’s recently launched wellness smartphone app, Morsel. Keep reading>>
Tags: Gary and Mary West Foundation | Gary West | investment | Sotera Wireless | West Wireless Health Institute | wireless health | WWHI |
The Gary and Mary West Foundation granted the West Wireless Health Institute an additional $20 million to support biomedical engineering research. The foundation created the West Wireless Health Institute in March of last year after an initial grant of $45 million. West Wireless Health Institute CEO Don Casey is set to discuss the new funding in his keynote speech this morning at the Wireless Life-Sciences Alliance meeting here in La Jolla, CA.
WWHI describes itself as a medical research organization that is dedicated to cutting the cost of health care by innovating, validating, advocating for and investing in the use of wireless technologies to transform medicine. The nonprofit is headquartered in San Diego, California.
In addition to funding internal research and development, the grant will also support the Institute’s recently launched Postdoctoral Program, which is training the first generation of leaders in the emerging field of wireless health. The Institute’s Engineering department is led by Dr. Mehran Mehregany, its executive vice president of engineering and chief of engineering research: Keep reading>>
Tags: CareAlert | CareLink | M-Link | Medtronic | wireless implantable devices | wireless remote monitoring |
Medtronic recently announced a new cellular accessory for its M-Link, which provides cardiac device patients the ability to send information stored in their implanted devices to their clinics via the CareLink Network. The new accessory would enable that transmission to take place over a cellular network instead of through the user’s landline phone connection.
“The M-Link cellular accessory is making remote monitoring accessible to a greater number of eligible patients,” Pat Mackin, president of the Cardiac Rhythm Disease Management business and senior vice president at Medtronic stated in a company release. “Now patients without a telephone landline have a convenient option to access the CareLink Network and take advantage of the benefits that come with remote monitoring, including fewer in-clinic visits and peace of mind from knowing their device data can be transmitted using cellular technology, without the need for a landline.” Keep reading>>
Tags: industry metrics | Juniper | Juniper Research | mobile health monitoring | remote patient monitoring |
By the year 2014 public and private healthcare providers may save between $1.96 billion and $5.83 billion in healthcare costs thanks to remote patient monitoring over cellular networks, according to a recent report from Juniper Research.
Juniper believes that the US and Canadian markets will generate the most cost savings, because of those countries’ high healthcare costs, system structure and more advanced remote monitoring rollouts.
“The cost of a hospital bed, used as a proxy for cost, is much higher in the North American region, partly due to the role of health insurance in the US healthcare sector,” Anthony Cox, Senior Analyst at Juniper Research stated in a company release. “This has a direct impact on how much cost remote monitoring can save.” Keep reading>>
Tags: CES | CTIA | HIMSS | mobile health | mobile health industry research | Mobile World Congress | wireless health | wireless health research |
Was the first quarter of 2010 an important one for mobile health?
When the number of deals tracked for a given industry during one quarter comes close to the total number for the previous year, it’s clear that industry is ramping up. Mobile health is that industry. In our 2009 year-end report, MobiHealthNews chronicled just over 70 deals and partnerships that took place between industry partners. In this MobiHealthNews Q1 2010 report, we track more than 50 deals that took place during the three-month period. While the number of (announced) venture capital investments was low (just a handful), overall activity in the space is up and up.
The US government in particular has been busy these past three months. Care providers, wireless operators, payers, pharma companies and consumer health companies each had a busy quarter. The Consumer Electronics Show, Mobile World Congress, HIMSS and CTIA events each produced a number of important discussions and developments for the budding mobile health industry. What’s clear from this Q1 2010 round-up: The mobile health industry is now firing on all cylinders.
This MobiHealthNews quarterly report is the first of four planned reports that will cover each three-month period of 2010.
Looking to catch up on the most important recent developments in mobile health? Then this MobiHealthNews State of the Industry report is a must-read. In 40+ pages, we have pulled together the most important events in mHealth that occurred between January and March 2010, including more than 50 deals, top-line results from a half dozen research reports, a handful of venture capital investments, and much, much more. CLICK HERE TO PURCHASE!
Tags: CardioMEMS | chronic heart failure | HF sensor | venture capital | wireless medical implantable devices | wireless medical sensor |
CardioMEMS, which develops wireless, implantable medical sensors, announced a new $37.9 million round of venture capital investment. That brings the company’s total raised capital amount to about $145 million. Previous investors include Arcapita Ventures, Boston Millennia Partners, Medtronic, Easton Capital Partners, Foundation Medical Partners, Arboretum Ventures, Deerfield Capital Management, Vision Capital Advisors, Aperture Venture Partners and Rockport Venture Securities.
CardioMEMS said it would use the capital to complete its CHAMPION clinical trial, which it launched in 2007 and plans to complete in the coming months. It hopes to complete the trial by this summer. The CHAMPION trial is evaluating the safety and effectiveness of CardioMEMS’ heart failure (HF) pressure measurement system in 550 patients in the U.S. at more than 65 heart centers.
The CardioMEMS wireless HF sensor is a miniature device that is implanted into the patient’s pulmonary artery using a simple, catheter-based procedure, according to the company. The pulmonary artery pressure is then measured and displayed using the CardioMEMS proprietary electronic monitoring system. Following the procedure, patients perform wireless measurements of their pulmonary artery pressure from home. The pressure data is then transmitted to a secure database and is available for review by the implanting physician on the CardioMEMS proprietary website. Keep reading>>