Remote patient monitoring company Alio scooped up $18 million in the first close of a Series C funding round.
The raise was led by the Widjaja Family Investment Office with participation from existing investors, including Chase Field LLC and Thomas Krebs, former treasurer of medical device company Penumbra.
Alio said the Series C brings its total amount the company has raised to more than $50...
ex-Propeller Health CEO to advise Aevice Health's board
Singapore-based medtech company Aevice Health has appointed David Van Sickle, former CEO of mobile respiratory health firm Propeller Health, as its strategic board advisor.
According to a media release, Van Sickle, who has over 15 years of experience in digital health, will assist Aevice Health's team in developing a US commercialisation...
Medtech startup Nutromics has received a $14 million investment from strategic investors, including Dexcom Ventures, VU Venture Partners, and Artesian Investments.
Founded in 2017, the company is developing a continuous diagnostic monitoring platform called lab-in-a-patch that uses DNA sensor technology to track multiple targets in the human body, including disease biomarkers and hard-to-dose...
Like other virtual health technologies, remote patient monitoring grew in the midst of the COVID-19 pandemic.
One study published in JAMA Internal Medicine earlier this month found a steep incline in its use among traditional Medicare beneficiaries, increasing from 91 claims per 100,000 enrollees in February 2020 to 594 claims per 100,000 enrollees in September 2021.
Waqaas Al-Siddiq, CEO of...
The Digital Medicine Society (DiMe) on Monday revealed four toolkits to help healthcare and life science organizations use data from sensors like wearables and remote patient monitoring systems at scale.
The four toolkits are based on resources derived from the society's Sensor Data Integrations project, which includes organizations like Amazon Web Services, Oracle, the Moffitt Cancer Center,...
When it comes to digitalising healthcare organisations there are two major pitfalls.
If digitalisation is pursued in an IT and technology driven way, it can lead to painful implementations which leave clinicians scratching their heads.
On the other hand, coming from a use case point of view can lead to endless pilot schemes that never get scaled up – something Tobias Silberzahn, partner at...
Withings Health Solutions, the provider-focused arm of connected health tech company Withings, on Monday revealed a new remote patient monitoring program dubbed Withings RPM.
The offering uses Withings' connected devices, including scales, watches, thermometers and blood pressure cuffs, to monitor patient metrics like heart rate, activity, blood pressure and sleep patterns.
The connected tech...
AI-backed remote monitoring and digital therapeutics company Biofourmis raised a whopping $300 million in Series D funding, boosting the company to unicorn status with a valuation of $1.3 billion.
The round was led by General Atlantic, with participation from CVS Health and existing investors Openspace Ventures and EDBI. Biofourmis said the Series D brings its total raise to $445 million.
WHAT...
Alio announced it earned FDA 510(k) clearance for its remote monitoring system that collects data on skin temperature, auscultation, or internal body sounds, and heart rate.
The system, which received the greenlight in late March, is made up of the SmartPatch wearable sensor, its Bedside Hub which collects and uploads patch data, the Alio Medical Cloud that stores that information, and a...
Remote patient-monitoring company Athelas scored $132 million across two funding rounds, earning the startup unicorn status with a valuation of $1.5 billion.
General Catalyst and Tribe Capital each led one of the financing rounds. Other participants include Sequoia Capital, YCombinator, Greenoaks, Human Capital and Initialized Capital.
Athelas' flagship product, the Athelas One, uses a finger...