2015 sees digital health funding top $4.3 million
More than $4.3 million flowed into the digital health market this year, with consumer engagement tools, personal health tools, and tracking categories by themselves making up 23 percent of overall funding. Consumerization in healthcare is also driving mergers or funding deals, according to a report by Rock Health.
Doctor shortages, readmission fines drive up use of remote patient monitoring systems
A new report from Frost & Sullivan predicts that the remote patient monitoring market will grow by 13.2 percent during the next five years. The market growth is thought to be caused in part by fear of readmissions penalties, an anticipated doctor shortage, and an increase of chronic health conditions.
Kaiser betting telehealth is the wave of the future
Kaiser Permanente Ventures has invested $10 million in Vidyo, a visual communications company that integrates hi-def video communications into workflow and patients’... read more