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digital health

Mary Meeker’s 2017 report highlights the health tech distortion field

Health tech future: you have to love the wording – and this time, the press ate it up.  Apparently at the time no one really noticed the 2016 Rock Health report on ‘willingness’ to share health data.  But times have changed. So Mary Meeker’s report, which everyone now quotes, cites that data as though it were important input for brands.  And now it is really and inaccurately famous. She opines, that of the ‘brands well-positioned for digital health’ – the leader is Google.  The oft-quoted answer (see Tech Crunch “Pretty neat” insight): “Meeker’s report says a full 60 percent of us were willing to share our health data with Google in 2016.”  That does sound pretty neat, huh?

Six new technologies for health and aging in place -- June 2017

Recent announcements, interesting offerings are worth a look. AARP recently completed the judging process for its Innovation Champion Awards; and upcoming, the Boomer Venture Summit in Berkeley in July, will select business plan startup winners – see last year’s winner.  Here are six technology-enabled offerings (some in market, some in process of getting to market) that can be helpful to older adults and those who care for them and about them (listed in alphabetical order): 

Spry Health raises $5.5 million to fuel commercialization of its medical-grade wearable

06/19/2017

Palo Alto, CA  June 15 , 2017 (NEWSWIRE) -- Spry Health, a leader in health management technologies and remote patient monitoring, announced today that it has raised $5.5M in Series A financing led by Grove Ventures. Joining Grove Ventures in this round are existing investors OVO Fund and Think+ as well as new investor, the Stanford-StartX Fund. This round of financing will be used to fund commercialization of Loop, Spry Health’s disease management platform. Mr.

BioSensics is excited to unveil its latest product, Frailty Meter

05/16/2017

BioSensics is excited to unveil its latest product, Frailty Meter, at the American Geriatrics Society Annual Scientific Meeting this week in San Antonio, TX.

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Six technologies from American Telemedicine Association (ATA) 2017

In 2017, has telehealth and remotely-delivered care evolved? Compared to our published research dated 2011, times may have changed. As surveys have indicated, the healthcare industry is interested and more committed to mainstream use of telehealth technologies.  And telehealth vendors want to help doctors and patients gain mutual benefit of care provided at home versus hospital, especially to lower care delivery costs; augment care for patients in locations far from a specialist or during off-hours; and continue growing the ability of patients and families to self-monitor chronic disease.  In 2016, CMS published a list of covered telehealth services, and no doubt commitment to cost reductions (and reimbursements) in the coming years will result in an expanded list and further industry commitment.  Perhaps ATA's smaller conference will evolve to become part of other sets of conferences, like Connected Health in Boston or part of the ever-growing HiMSS conference collection.

Six new technology offerings for older adults – March, 2017

How tough is it to highlight tech innovation that could help older adults?  Pretty tough, judging by the accelerator pitch event winners at the South by Southwest (SXSW) conference (etcetera) held this week in Austin. Even the hearing-loss tech winner, Sound Scouts, was pitched as a screening tool for children. And no joke, one of the winners, Laugh.ly, was a streaming app for stand-up comedy. Yay! So prior to next week's older-adult events in Chicago, here are new tech offerings drawn from those listed in the 2017 Technology Market Overview. Content is from their company websites:

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Sensely raises $8M for AI-powered virtual nurse app

02/15/2017

San Francisco-based Sense.ly, which makes a virtual nurse assistant available through an app, announced it has raised $8 million in Series B funding in a round led by Chengwei Capital. Additional contributions came from Fenox Venture Capital, Bioved Ventures, the Mayo Clinic and the Stanford StarX fund. This brings the company’s total funding to date to at least $11.5 million.


Terminology matters: Digital Health or Tech and Aging?

Is there a difference between health tech and aging tech? A friend told me about a comment from an arrogant investor (that may seem redundant to some). The observation was that ‘aging’ was not important, health is THE topic and subsumes (overrides) aging. Do you buy that? Just ask my daily alerts or search yourself for the term 'aging seniors.'  See that the list starts with NCOA and improving the lives of older adults.  Okay, now do the same for 'digital health' (investment north of $4 billion in 2016). Other than a few blog posts, there is virtually no intersection.  And as for VC focus on the aging demographic?

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