Torrey Pines creates fund for digital, point-of-care health
SAN DIEGO – Torrey Pines Investment has created the TealTech Fund, a $60 million fund to finance innovative start-ups in financial models of health services delivery, including in-home and virtual care and artificial intelligence, as well as deep learning health care support systems and point-of-care diagnostics and treatment. “We believe that the future of health care lies in the accessibility and flexibility that digital care and point-of-care diagnostics provide, as well as in the precision and convenience that computer-assisted tools help deliver,” said Nikolay Savchuk, managing partner at Torrey Pines Investment, in a statement. The fund’s first venture will be the TealNet Mobile Medical Office, a platform for rapid clinical-level diagnostics enabling medical care to move from a physician’s office to the patient’s home.
MedBridge GO app improves patient rehabilitation adherence
SEATTLE – MedBridge has launched a patient-facing mobile app designed to improve adherence to clinician-assigned home exercise programs (HEP) for rehabilitation therapy. MedBridge GO uses a proprietary time-based algorithm to automatically convert clinician-prescribed HEP into achievable daily doses for the patient. “Since patient outcomes are directly related to exercise adherence, we believe MedBridge GO will improve the patient experience, as well as their rehabilitation,” said Justin Kowalchuk, CEO at MedBridge, in a statement. With a single tap, users can actively engage with their exercises inside an interactive, video-based playlist. The app also features easy-to-follow instructions with audio narration, time-based reminders and a gamified rewards system.
Zansors secures ECG device patent
ARLINGTON, Va. – Personal health analytics company Zansors has secured a patent from the U.S. Patent and Trademark Office for a wireless electrocardiogram (ECG) acquisition and monitoring device. The patent will allow heart-monitoring devices to be integrated into clothing, or secured directly onto the skin. “Focusing on a patient-friendly experience with wearables has led directly to this patent,” said Nicole Stout, vice president of medical affairs at Zansors, in a statement.
The company announced in March that it received its first utility patent for a wearable patch comprising multiple separable adhesive layers for to combining electronics and health monitoring.
DarioHealth names Jarry to strategic advisor role
CAESAREA, Israel – DarioHealth has signed global life sciences and consumer health executive Olivier Jarry as a strategic advisor to the digital health company. Jarry previously served in executive roles at Bayer Diabetes, Bristol-Myers Squibb and Novartis. “DarioHealth has a unique, user-centric digital solution that attracts and retains people who want to better manage their chronic condition,” said Jarry in a statement. “There is no doubt that the market will transform from pure monitoring to integrated care, and DarioHealth is at the forefront of this tectonic shift.” Jarry has managed innovation at the crossroads of technology, health care and patient-centricity for three decades over five continents, and serves as an advisor at diabetes management company Fit4D.
Essence introduces expanded aging-in-place solution
TEL AVIV, Israel – Connected living technology provider Essence has introduced Care@Home Active, an expansion of its aging-in-place suite that offers new mobility features. The solution enables seniors to move between their homes and outdoors while maintaining connectivity with their families and TeleCare service providers, all with one device. “Seniors are increasingly demanding the ability to maintain an active, mobile lifestyle,” said Yaniv Amir, president of Essence USA. “They can now do so without worrying about taking an extra device or compromising their safety.” Care@Home Active uses EP Advanced, Essence’s emergency pendant and Bluetooth-enabled fall detector. It uses dual-path selective communications channels in a small, wearable device.
Health system launches wayfinding app
HOUSTON – Memorial Hermann Health System has launched the Memorial Hermann Find My Way app aimed at improving the patient experience while reducing late and missed appointments. “At Memorial Hermann, we recognize that navigating health care can be frustrating,” said David Bradshaw, executive vice president and chief strategy officer at Memorial Hermann, in a statement. “We’ve made it our mission to put our patients first, and that means removing barriers by directly addressing some of the most common complaints—particularly difficulties with wayfinding and parking.” Find My Way is powered by Connexient, and features beacon blue dot technology that guides a patient or visitor from their starting destination to their final destination by providing door-to-door directors through hospital departments, physician offices and more. The app also features a parking planner.
PreparedHealth ready to roll out digital nursing assistant with $4 million in recent funding
CHICAGO – PreparedHealth has secured $4 million in funding and is ready to expand its digital home health platform to new markets. “The funding allows us to invest in R&D and enter five to seven markets that are really struggling with a rapidly aging population, and find a way to bend the cost curve,” said Ashish Shah, CEO and co-founder of PreparedHealth, in a statement. The company has completed a successful pilot of its DINA digital nursing assistant with BAYADA Home Health Care, which plans to roll it out to all of its 300 locations.
Valley Home chooses Health Recovery Solutions for patient engagement
PARAMUS, N.J. – Valley Home Care, part of Valley Health System, will work with Health Recovery Solutions to upgrade its telehealth program and drive patient engagement. “What’s new to us is the convenience of the Bluetooth wireless system and the easy access to HRS Support, helping the patients and nurses work through any technical issues,” said Elaine Davis, telemanagement clinical coordinator for Valley Home Care, in a statement. HRS’s software allows clinicians to monitor a range of patient biometric values—including blood pressure, weight and oxygen level—and provide responses to daily symptom questions specific to a patient’s disease condition. It also allows nurses to use video chatting and wound imaging, so they can monitor patients closely.
TruSense launches sensor-based home care solution
CINCINNATI – Senior home monitoring provider TruSense has launched a new service that uses wireless data sensors as an alternative to traditional assisted living solutions. The sensors are placed in a senior’s home, and a dashboard allows caregivers to track and view daily activity to identify potential health issues and trends over time, monitor proper food access and restroom frequency to ensure health and wellbeing, and provide 24/7 emergency response if there is a problem. “Most family caregivers cannot be with their senior loved one around the clock as they are raising their own families,” said Rob Adams, CEO of TruSense, in a statement. “With TruSense they can know their parent is OK all the time, anytime.”
Sync Project develops music platform as personalized health treatment
BOSTON – Sync Project Inc. has raised $5 million in financing to develop a physiologically-responsive music health digital platform to treat conditions like sleep apnea and pain.
“Developing music as precision medicine requires the right mix of people and funding that bridge consumer technology, music and biotech,” said Marko Ahtisaari, CEO and co-founder of Sync Project.
The company is building a unique set of data on the impact of musical properties like beat, key and timbre on an individual’s heart rate, brain activity and sleep patterns. Datasets generated through the Sync Project’s consumer initiatives will be further validated through controlled clinical trails in individuals suffering from sleep disorders, pain and other disorders.
Sync Project aims to commercialize the clinical applications of this platform and deliver a personalized, low-cost, non-invasive therapy across a range of conditions.