The U.S. spent $1.3 trillion in 2003 treating people with at least one chronic disease, according to a study in Health Affairs, and the price tag is projected to rise to $4.3 trillion by 2023. Chronic diseases account for about three-quarters of all healthcare spending in this country now, and that number won't be going down anytime soon if we continue on the current trajectory.
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This fall Target plans to stock mobile health coaching devices from SmartCoach on its store shelves. Toronto-based MyTrak Health System, a business unit of Medipattern, inked the deal with Target last month, according to the company.
SmartCoach is a wearable mobile health device that aims to differentiate itself with a coaching service that not only tracks activity levels but also monitors...