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Digital Health

Hillrom execs change their minds on BardyDx acquisition

March 3, 2021 By Chris Newmarker Leave a Comment

Hillrom (NYSE:HRC) says closing conditions have not been met when it comes to the company’s previously planned $375 million acquisition of Bardy Diagnostics and its Carnation Ambulatory Monitor, or CAM patch. In response, BardyDx has sued Hillrom in the Delaware Court of Chancery, asking the court to order the merger to proceed because Hillrom’s argument […]

Filed Under: Business/Financial News, Cardiovascular, Diagnostics, Digital Health, Featured, Mergers & Acquisitions Tagged With: Bardy Diagnostics, Boston Scientific, Hillrom, iRhythm Technologies Inc., Preventice

iRhythm’s revenue jumps 33% in Q4

February 26, 2021 By Chris Newmarker Leave a Comment

iRhythm Technologies (NASDAQ: IRTC) reported mixed Q4 results but predicted strong sales growth in 2021. The San Francisco–based company — maker of the Zio ambulatory cardiac monitoring patch — reported a loss of –$9.7 million, or –33¢ per share, on sales of $78.8 million for the three months ended Dec. 31, 2020, nearly halving its […]

Filed Under: Business/Financial News, Cardiovascular, Diagnostics, Digital Health, Featured, Wall Street Beat Tagged With: iRhythm Technologies Inc.

Terumo to acquire Health Outcomes Sciences

February 25, 2021 By Chris Newmarker Leave a Comment

Terumo (TSE: 4543) recently announced that it has signed a definitive agreement to acquire all assets of Health Outcomes Sciences. The financial terms of the deal were not disclosed. Phoenix-based HOS is a creator of predictive analytics and clinical decision support software. Its sePRISM content enablement platform is meant to enable healthcare organizations to deliver […]

Filed Under: Business/Financial News, Digital Health, Health Technology, Mergers & Acquisitions, Software / IT Tagged With: Health Outcomes Sciences (HOS), Terumo

Masimo reports a Street-beating Q4

February 23, 2021 By Chris Newmarker Leave a Comment

Masimo (NSDQ:MASI) posted fourth-quarter results today that beat the consensus forecast on Wall Street, issuing 2021 guidance that also exceeds analysts’ expectations. The Irvine, Calif.–based maker of noninvasive patient monitoring technologies and sensors reported profits of $70.7 million, or $1.21 per share, on sales of $295.1 million for the three months ended Jan. 2, 2021, boosting […]

Filed Under: Business/Financial News, Diagnostics, Digital Health, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Masimo

BD, Scanwell Health collaborating on smartphone-enabled, home COVID-19 rapid test

February 22, 2021 By Sean Whooley Leave a Comment

Becton Dickinson (NYSE:BDX) announced today that it is collaborating with Scanwell Health to create an at-home rapid COVID-19 test. Scanwell Health, a developer of smartphone-enabled at-home medical tests, will offer its mobile app to pair with a BD antigen test for SARS-CoV-2, the virus causing COVID-19, according to a news release. As part of the collaboration, […]

Filed Under: Business/Financial News, Diagnostics, Digital Health, Featured, Genomics/Molecular Diagnostics, Health Technology, Research & Development, Software / IT Tagged With: BD, becton dickinson, coronavirus, COVID-19, Scanwell Health

Google opening office near Mayo Clinic

February 18, 2021 By Chris Newmarker

Google announced today that it will open an office in downtown Rochester, Minn., to be close to Mayo Clinic. The tech giant plans to have an office up and running with a handful of workers as soon as possible, given the ongoing COVID-19 pandemic, according to a news release posted on the website of the […]

Filed Under: Big Data, Business/Financial News, Digital Health, Featured, Health Technology, Software / IT Tagged With: Alphabet (Google), Google, Mayo Clinic

RhythMedix launches wearable cardiac monitor with cellular connectivity

February 18, 2021 By Sean Whooley

RhythMedix announced today that it launched its next-generation RhythmStar wearable device with 4G cellular connectivity. Mount Laurel, N.J.-based RhythMedix’s next-generation RhythmStar with built-in connectivity is discreetly worn for extended remote monitoring without the need for an additional phone or communication device, according to a news release. RhythmStar is designed to enable rapid electrocardiogram (ECG) analysis […]

Filed Under: Business/Financial News, Cardiovascular, Digital Health, Featured, Health Technology, Patient Monitoring, Software / IT Tagged With: RhythMedix, wearables

Are smart knee implants the next big thing in ortho?

February 11, 2021 By Chris Newmarker

Orthopedic device industry watchers think so, and Zimmer Biomet appears set to be the first out of the gate this year through a partnership with the startup Canary Medical. What do drug-eluting stents and “smart” implantable medical devices have in common? It turns out it’s a lot, at least according to Dr. Bill Hunter. The […]

Filed Under: Big Data, Business/Financial News, Digital Health, Featured, Health Technology, News Well, Orthopedics Tagged With: Canary Medical, Stryker, Zimmer Biomet

DTW Podcast: Zimmer Biomet slims, Corza Medical grows in pursuit of grabbing market share

February 8, 2021 By Tom Salemi

In this week’s DeviceTalks Weekly Podcast, Rich Newitter, managing director at SVB Leerink, says Zimmer Biomet’s decision to spin out its spinal and dental business will accelerate its already impressive market share grab in its core orthopedics industry. Newitter says CEO Bryan Hanson brings a tried-and-true diversification model used by companies like his former employer, […]

Filed Under: Dental, Device Talks Podcasts, Digital Health, Featured, Lab Instruments & Supplies, Orthopedics, Spine, Surgical, Wall Street Beat Tagged With: 3m, Abbott, Abbott Laboratories, Aegea Medical, Boston Scientific, CooperSurgical, Corza Medical, Covidien, Medtronic, SVB Leerink, Zimmer Biomet

Philips introduces Medical Tablet for remote patient monitoring

February 3, 2021 By Chris Newmarker

Royal Philips (NYSE:PHG) recently announced the launch of its Medical Tablet in North America, Europe and Japan. The Philips Medical Tablet is meant to provide remote access to patient data. The goal is to allow health providers to improve workflows and better manage increases in patient volume. A fully portable setup is possible for the remote […]

Filed Under: Business/Financial News, Digital Health, Featured, Patient Monitoring Tagged With: Philips

PhysIQ hires Scripps Research Translational Institute doctor as chief medical officer

February 2, 2021 By Sean Whooley

PhysIQ announced today that it appointed the Scripps Research Translational Institute digital medicine director as its chief medical officer. Dr. Steve Steinhubl will remain with SRTI, where he’s been the director of digital medicine for more than seven years, while he takes on his new role at PhysIQ as he looks to help advance the […]

Filed Under: Business/Financial News, Digital Health, Featured, Health Technology, Patient Monitoring, Software / IT Tagged With: Personnel Moves, physiq

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