Abbott (NYSE:ABT) Chair & CEO Robert B. Ford highlighted what the future holds as he presented the first healthcare keynote ever at CES. Speaking at the Consumer Electronics Show (CES) 2022 event, Ford headlined the “Human-Powered Health: Unlocking the Possibility of You” event, announcing that Abbott is developing a new category of biowearables for athletes […]
Patient Monitoring
Senseonics expects FDA approval for next-gen 180-day CGM in ‘coming weeks’
Senseonics (NYSE:SENS) announced that it anticipates the FDA to decide within weeks on approval of its new CGM system. The company seeks a premarket approval supplement for the next-generation Eversense 180-day implantable continuous glucose monitoring (CGM) system. Data presented earlier this year demonstrated strong accuracy. The next-generation Eversense matched performance levels compared to the current […]
Withings plans launch for Body Scan smart scale platform
Withings is promoting its Body Scan in-home connected health station smart scale platform, with a launch planned later this year. Las Vegas-based Withings’ Body Scan goes beyond weight management to offer a way for users to take proactive control over their health with segmental body composition, heart rate and vascular age monitoring, according to a […]
Zacks says Medtronic will gain from expanded CMS coverage for CGMs
Zacks Equity Research today reported that Medtronic (NYSE:MDT) stands to gain from yesterday’s CMS coverage expansion for diabetes technology. CMS’s expanded coverage, confirmed by Medtronic yesterday, covers all types of CGMs (continuous glucose monitors), including adjunctive and non-adjunctive CGMs. The coverage includes CGMs that integrate with Medtronic insulin pumps. Get the full story at our sister site, […]
CMS expands Medicare coverage to CGMs that integrate with Medtronic insulin pumps
Medtronic (NYSE:MDT) announced today that the U.S. Centers for Medicare & Medicaid Services (CMS) will expand coverage for CGMs. CMS’ expanded coverage covers all types of CGMs (continuous glucose monitors), including adjunctive and non-adjunctive CGMs, and it notably covers CGMs that integrate with Medtronic insulin pumps. Get the full story at our sister site, Drug Delivery […]
Senseonics wins CE mark for remote glucose monitoring app for Android users
Senseonics (NYSE:SENS) announced today that its Eversense NOW remote monitoring app for Android received CE mark approval. Germantown, Maryland–based Senseonics already received such approval for the Eversense NOW iOS platform and can now offer it in Europe on the Android operating system. The company expects to make the Eversense NOW remote monitoring app for Android available […]
Bigfoot Biomedical announces trio of new senior hires
Bigfoot Biomedical announced today that it appointed three senior hires with experience in the diabetes and healthcare sectors. Milpitas, California–based Bigfoot hired Matthew Clemente as SVP of development, Robin A. Beadle as VP of marketing and Scott Snead as VP of national accounts. All three positions are newly created. Get the full story at our sister […]
Xandar Kardian raises $10M for its vital signs radar
Contactless health monitoring technology developer Xandar Kardian announced today that it closed a $10 million Series A financing round. Toronto-based Xandar Kardian’s Series A round was led by Phoenix Venture Partners, Portfolio Active Aging & Longevity Fund and Taronga Ventures, among others, according to a news release. Xandar Kardian boasts that the XK300 autonomous health […]
Medtronic cerebral/somatic oximetry system wins FDA clearance
Medtronic (NYSE:MDT) announced today that it received FDA 510(k) clearance for its INVOS 7100 cerebral/somatic oximetry system. INVOS 7100, which Medtronic designed to pick up key signals to inform time-critical decisions by pediatric clinicians, received clearance for children from birth through age 18. The signals it picks up are related to hemodynamic management, ventilation and […]
Baxter completes $12.5B acquisition of Hillrom
Baxter (NYSE:BAX) announced today that it completed its previously announced $12.5 billion acquisition of Hillrom (NYSE:HRC). Deerfield, Illinois–based Baxter paid $156 in cash for each outstanding share of Hillrom common stock, totaling a purchase price of $10.5 billion. Adding in the assumption of Hillrom’s outstanding debt obligations, the transaction’s enterprise value comes to approximately $12.5 […]
LiveCare, AliveCor partner to launch at-home remote cardiac monitoring
LiveCare announced today that it successfully integrated AliveCor’s KardiaMobile 6L electrocardiogram (EKG) device into its platform. New York-based LiveCare said in a news release that it integrated KardiaMobile 6L, a clinically-validated personal EKG device, within its LiveCare Link+ smart RPM gateway. Through the integration, patients and caregivers will receive real-time EKG monitoring at home or […]