Portland, Oregon-based Bright.md has scored a fresh injection of cash in an $8 million Series B funding round aimed at improving patient care and lowering healthcare costs for clinicians. B Capital Group led the round with participation from return backer Seven Peaks Ventures.
The funding, which was announced on Monday, will go toward market development for Bright.md’s cloud-based artificial...
Abbott and Bigfoot Biomedical have entered into an agreement to develop and commercialize diabetes management systems, integrating Abbott's FreeStyle Libre glucose sensing technology with Bigfoot's insulin delivery solutions.
Under the agreement, Abbott will supply glucose measurement sensors for all of Bigfoot's insulin delivery systems in the U.S. as the exclusive sensors for those systems...
Novo Nordisk and Glooko are working together to help people manage diabetes from their phones. The companies have partnered on the Cornerstones4Care Powered by Glooko, an app melding Novo Nordisk’s knowledge of diabetes and personalized patient support with Glooko’s digital platform and data analytics know-how.
The idea behind the app is to provide, for people with diabetes, a means of measuring...
As lawmakers on Capitol Hill wrangle over the fate of the Affordable Care Act and its would-be replacement, the American Health Care Act, the National Academy of Medicine said its four main priorities for fixing the country's healthcare industry include continuing the shift from fee-for-service to value based payment models; empowering people to be fully engaged in their healthcare decisions;...
For health plans and employers, one of the key attractions of telehealth is the potential savings involved in replacing physician office and emergency department visits with less expensive virtual visits. But new findings published in the journal Health Affairs suggest that telehealth may increase overall healthcare spending by increasing utilization.
In fact, in looking at commercial claims data...
The US Agency for Healthcare Research and Quality combed through 58 systematic reviews amid a substantial volume of research on telemedicine to pinpoint when telehealth interventions work best.
The data suggests telehealth improves outcomes such as mortality, quality of life and reductions in hospital admissions when used for remote patient monitoring for certain chronic conditions as well as for...
