WelbeHealth has raised $15 million in a round co-led by F-Prime Capital and .406 Ventures. The company provides end-to-end care to seniors under CMI’s PACE program, which allows for fully-capitated reimbursement for triple eligible seniors who qualify for Medicare, Medicaid, and nursing home care.
Correction: An earlier version of this article stated that WelbeHealth is partly owned by Sutter...
A new crop of research reports are predicting the ways in which the market for wearable devices, including smartwatches and activity trackers, will change over the next few years.
Tractica predicts that annual wearable device shipments will increase from 85 million units in 2015 to 559.6 million units by 2021, representing a compound annual growth rate (CAGR) of 36.9 percent. ABI Research...
iHealth blood pressure cuff
Over the next five years, ABI Research expects 100 million wearable remote patient monitoring devices to ship.
This growth, ABI said, is in part a result of providers who are more aware of the benefits remote patient monitoring wearable devices can provide to patients outside of the hospital. ABI adds that because of the growing interest in these devices, there's a...
Activity tracker shipments reached 2.35 million and outsold smartwatches four to one in the first quarter of 2014, according to a report from ABI Research.
Fitbit is still the market leader, but coming in second to Fitbit is Garmin, followed by Nike and then Jawbone. ABI predicts that in the second quarter, Fitbit might face more competition from Samsung's Gear Fit.
“Activity trackers are...
Sports and fitness features not only dominate the wearables market, but continue to drive adoption, according to a report from ABI Research.
Activity tracking, which includes simple step counting as well as more advanced tracking of specific types of movement, was the most popular feature of wearable devices in 2013 -- 16 million wearable devices with this functionality were shipped. After...
Health and fitness wearable computing devices will be a main driver of the 90 million wearable devices that are expected to ship in 2014, according to a report from ABI research.
Shipment estimates for healthcare wearables are approximately 13 million in 2013, 22 million in 2014, and 34 million in 2015 whereas health and fitness wearable shipments are 32 million in 2013, 42 million in 2014, and...
MobiHealthNews has tracked dozens of market research and industry metrics year-after-year since 2009. It seems as if for every 100 health apps there is a market research report. And there are at least as many digital health reports as there are digital health events. As I'm preparing for our 2014 Digital Health Trends webinar tomorrow, I've been thinking about the mobile health predictions we...
Wearable connected device revenues will grow to more than $6 billion in 2018, according to new findings from ABI Research. The survey tracked four areas: sports, fitness and wellness; home monitoring devices; remote patient monitoring; and professional (on-site) healthcare.
Of the four markets, sports, fitness and wellness was the largest, always producing at least half the revenue over the...
Wearable activity tracker Fitbit
Over the next five years, 13 million wearable devices embedded with wireless connectivity will be integrated into wellness plans offered by businesses, according to ABI research's new report. In 2013, principal analyst Jonathan Collins said less than 200,000 wearable devices have been integrated into wellness plans.
The report factors in the social and economic...
Although disposable body-worn wireless medical sensors have barely begun to see usage in healthcare, research firm ABI is predicting they will rise to prominence very quickly. By 2018, ABI analysts say, disposable Medical Body Area Network (MBAN) sensor shipments will hit 5 million. Previously, ABI reported that 160 million wireless wearable health devices, of which disposable sensors are a sub-...