The Wall Street Journal has an incendiary profile piece on the Jeffries analyst, Brian Kennedy, who predicted that Highmark CMS would cut its reimbursement rate for CardioNet's wireless cardiac monitoring service. CardioNet is the only public company fully focused on wireless health, which makes it a true pioneer for the emerging industry.
While the aftermath that followed Kennedy's April...
Philips has inked a deal with the largest health insurer in the Netherlands, Achmea, for a pilot home healthcare project that could eventually become rolled out across Europe. Philips' goal is to help doctors monitor patients' health remotely but to also equip patients with respiratory diseases with products help them better manage their conditions at home.
Philips estimates that the global...
There has been a highly speculative and questionable rumor floating around that Philips is interested in buying wireless cardiac monitoring company CardioNet. The company has had a string of bad news lately as Highmark Medicare Services officially reduced reimbursement for the company's services starting yesterday. CardioNet is also facing class action lawsuits related to the reimbursement cut....
BL Healthcare scooped up $3 million of a planned $5 million investment round, according to Mass High Tech. The company secured the money through the placement of preferred stock and warrants but the funders remain undisclosed. BL Healthcare developed a platform called TVx, which receives a patient's health information from various Bluetooth-enabled wireless devices in the home and displays the...
Zume Life is a San Jose start-up founded in 2006 that has developed its own dedicated device that allows those with chronic illnesses, their caretakers, or anyone with a complex regimen to keep track of and manage their own care. Last week mobihealthnews caught up with Zume Life's CEO Rajiv Mehta to discuss where primary caregivers fit into Zume Life's product, why "bucketized" approaches to...
Last month at the Consumer Electronics Show (CES) in Las Vegas, NEC Philips debuted a DECT watch phone intended for use in healthcare and hospitality sectors. This week mobihealthnews caught up with NEC Philips Unified Solutions Manager of Marketing Communications Robert van Amerongen and the company's Business Manager for Mobility Solutions Bert van Koelen to discuss the device's CES launch,...
