Medical device security firm Medigate announced today that it completed a $30 million Series B financing round. New York-based Medigate’s funding round was led by new investor Partech, with participation from existing investors YL Ventures, U.S. Venture Partners and Blumberg Capital and new investor Maor Investments. The $30 million brings Medigate’s total funding to $50 […]
This telemedicine system could get medtech sales reps back to ORs
Daniel Hawkins’ surprise isn’t a matter of what, but when. The successful medtech executive and former Shockwave Medical CEO fully expected medical device makers would see Avail Medsystem’s telemedicine system as a more efficient way for sales reps to sit in on surgeries. By Hawkins’ projections, Avail’s system would eliminate much of the time sales […]
Bodyport secures $11.2m to build ‘virtual cardiac clinic’ for your bathroom
Bodyport, a company building sensitive sensor technologies into a bathroom scale, secured an $11.2 million Series A round to develop a device that can help detect and manage heart disease by detecting cardiac signals and biomarkers through bare feet. Boehringer Ingelheim Venture Fund (BIVF) led the round in the San Francisco-based startup, adding its capital […]
BrightInsight raises $40m Series B
Biopharma and medtech digital health platform provider BrightInsight announced today that it raised $40 million in a Series B financing round. Insight Partners led the funding, while Series A investors New Leaf Venture Partners and Eclipse Ventures also participated. According to a news release, BrightInsight plans to use the funds raised to significantly scale up team […]
Cohealo to enhance ventilator sharing network
Cohealo announced today that it intends to add customers to its national ventilator sharing network to help health systems monitor capacity and mobilize ventilators to hospitals that need them most. The Boston-based company’s effort is in response to a shortage of ventilators as a result of the COVID-19 pandemic. Several companies have taken it upon […]
BD touts cybersecurity cred of its microbiology informatics software
Becton Dickinson (NYSE:BDX) announced that its BD Synapsys microbiology informatics solution received certification from the Underwriters Laboratory Cybersecurity Assurance Program (UL CAP). UL CAP is an independent program that uses standardized, testable criteria to assess software vulnerabilities and weaknesses. BD touts its BD Synapsys software as one of the first life-science diagnostics informatics platforms to meet […]
Intuitive Surgical acquires Orpheus Medical to expand informatics offerings
Intuitive Surgical (NSDQ:ISRG) announced that it completed the acquisition of privately-held Orpheus Medical for an undisclosed amount to grow its integrated informatics platform. New York-based Orpheus Medical offers information technology connectivity and expertise in processing and archiving surgical video to hospitals around the world. The company develops and distributes a clinical video management and analytics platform […]
Certain GE Healthcare patient-monitoring devices vulnerable to cyberattack
The federal government and GE Healthcare (NYSE:GE) announced today that the certain of the company’s patient monitoring devices are vulnerable to cyberattack. If attacked, some versions of the Carescape and ApexPro telemetry servers, the Carescape Central Station version 1 and Central Information Center systems could stop monitoring patients, silence alarms or produce unnecessary alarms during […]
Mobile ECG management? There’s a new app in the works
CardioComm Solutions (Toronto) announced today that it is working with startup Zana Technologies (Karlsruhe, Germany) to package CardioComm’s ECG reviewing and monitor technology into Zana’s mobile app and patient engagement platform. The goal is for Zana users to be able to download a single smartphone app over which they can receive ECG recordings and clinical […]
How Medtronic could help change healthcare for the better
Medtronic officials want the world’s largest medtech company to do more than just make medical devices: They want to help manage chronic diseases. Here are thoughts from the VP helping to lead the shift. Medtronic executive Sheri Dodd had a cousin — one of only four — die from Type 2 diabetes complications at the age […]
HHS proposes regulatory changes to promote value-based payment arrangements
UPDATED Oct. 9, 2019, with comments from press briefing in Minneapolis. The U.S. Department of Health and Human Services today proposed what it’s describing as a modernization of the physician self-referral law in order to promote value-based healthcare. The proposed regulatory changes, which are heading into a 75-day public comment period, say the physician self-referral […]
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