San Diego-based Reflexion Health, which offers physical therapy programs that leverage Microsoft Kinect for Windows, has raised $18 million in its series B round of funding from undisclosed investors. To date the company has been exclusively funded by the West Health Investment Fund, which injected $7.5 million into the company in 2014 and $4.25 million in 2012
The company says it plans to use...
Medical device giant Medtronic is in the final stages of acquiring peel-and-stick medical sensor company Corventis for north of $150 million, MobiHealthNews has learned. While neither company has publicly commented on the deal, it is expected to be officially announced some time in the next few weeks. (Update: I've heard conflicting reports from sources on the price of the deal since publishing...
San Antonio, Texas-based mobile healthcare company AirStrip has acquired the assets of wireless monitoring startup Sense4Baby and licensed the associated technology that the startup was founded on from the Gary and Mary West Health Institute. The companies did not disclose the financial terms of the transaction. Sense4Baby raised $4 million from The West Health Investment Fund in early 2013.
The...
San Diego-based Reflexion Health, which offers physical therapy programs that leverage Microsoft Kinect for Windows, has raised $7.5 million from the West Health Investment Fund. The Fund was also the sole investor in Reflexion's $4.25 million seed round in 2012. The Reflexion system is currently undergoing pilot studies at Partners HealthCare's Center for Connected Health in Boston and San Diego...
This time last year, the Gary and Mary West Health Institute released a report calculating that medical device interoperability (via the adoption of open standards) could save the healthcare system about $36 billion. Now the Institute has teamed up with federal government groups and released a new whitepaper, based on an event held last month, detailing how interoperability -- and those savings...
The FDA has granted 510(k) class II clearance to La Jolla, California-based Sense4Baby's cellular-enabled maternal and fetal monitoring system. The company has also secured a CE Mark for the European market and other countries where that approval is recognized. The regulators cleared Sense4Baby's "model B+" system for healthcare providers to use to monitor expectant mothers and their fetuses...
Sense4Baby, the fetal monitoring system that was the first startup to spin off from the West Health Institute, has raised $4 million from the West Health Investment Fund. The startup also appointed Dr. Jessica Grossman, an obstetrician/gynecologist who has been serving as medical director of Ethicon Endo-Surgery, a Johnson and Johnson medical device company, as president and CEO.
Some or all of...
Aberdare Ventures, one of the most active investment firms in digital health, announced that Dr. Mohit Kaushal has joined as a partner. Kaushal most recently served as CSO and EVP at West Health, where he helped found the West Health Investment Fund and backed companies like Humedica, Change Healthcare, RxAnte, and goBalto. (The last two are also in Aberdare's investment portfolio.)
"Mo's joining...
Without any noticeable fanfare, the Federal Communications Commission has chosen its new director of health care initiatives: Matthew Quinn. The agency first published a job posting for the position in December.
Quinn has previously worked at a number of government agencies, including the National Institute of Standards and Technology (NIST), and the Agency for Healthcare Research and Quality (...
If medical devices were better integrated with IT systems and made to follow standards for interoperability with each other and with electronic health records, the U.S. healthcare industry could eliminate a net $30 billion in unnecessary expenses a year, according to a new study. But a lot of things have to happen for savings to be that substantial.
"To realize the benefits, providers, payers,...
