Baxter (NYSE:BAX) today touted new data demonstrating survival rate improvements with its Sharesource digital health platform. Deerfield, Illinois–based Baxter presented data during the American Society of Nephrology’s annual Kidney Week that took place last week, according to a news release. Baxter designed its Sharesource remote patient management digital health platform for use in helping to […]
Patient Monitoring
iRhythm slides after hours on lowered sales guidance
iRhythm Technologies (NSDQ:IRTC) shares took a hit today after the company reported third-quarter results and lowered its 2021 guidance. The San Francisco-based wearable electrocardiograph patch maker lowered its revenue guidance for 2021 due to unforeseen impacts related to the COVID-19 Delta variant, customer staffing challenges and delayed account launches and expansion. The company’s new range […]
iRhythm ‘disappointed’ with CMS final rule on wearable ECG patches
iRhythm Technologies (NSDQ:IRTC) issued a comment on the CMS Calendar Year 2022 Medicare Physician Fee Schedule (MPFS) Final Rule. In the Final Rule, CMS (Centers for Medicare and Medicaid Services) did not issue national pricing and continued carrier pricing for the 2022 calendar year on Category I CPT codes 93241, 93243, 93245 and 93247 for […]
Masimo seeks to boost automation of newborn screenings in Europe
Masimo (NSDQ:MASI) announced earlier this week that it launched a new patient monitoring and connectivity hub. The first application of Dual SET Oximetry for Root offers a significant advancement to the company’s Masimo SET-guided critical congenital heart disease (CCHD) screening, according to a news release. Masimo will combine the platform with the CE-marked Masimo SET […]
Dexcom enlists celebrities to promote The Global Movement for Time in Range
Dexcom (NSDQ:DXCM) announced today that it will utilize some star power to boost The Global Movement for Time in Range. Musician, actor and philanthropist Nick Jonas, along with musician, actress, author and entrepreneur Patti LaBelle, will both use their platforms to promote the initiative. Get the full story at our sister site, Drug Delivery Business News.
Dexcom raises guidance ahead of G7 launch, FDA submission imminent
Dexcom (NYSE:DXCM) shares are up more than 9% today — a day after the company announced it will soon formally seek FDA clearance for its next-gen G7 system. The San Diego-based diabetes management technology developer yesterday evening posted profits of $70.9 million, or 71¢ per share, on sales of $650.2 million for the three months […]
Masimo beats the Street in Q3
Masimo (NSDQ:MASI) this week posted third-quarter results that beat the overall consensus forecast on Wall Street. The Irvine, California-based monitoring technology company reported profits of $57.8 million, or $1.00 per share, on sales of $307.4 million, for the three months ended October 2, for a bottom-line gain of 17% on sales growth of 10.5% compared with […]
LifeScan launches digital diabetes management platform
LifeScan announced today that it launched its OneTouch solutions offering wellness programs to help people manage their diabetes. Malvern, Pennsylvania–based LifeScan made its OneTouch solutions available to consumers in the U.S. now and plans to soon offer it to healthcare providers, payors and employers as a reimbursed adjudicated option in early 2022. Get the full story […]
Ultrahuman hires chief business officer as it scales expansion for glucose monitoring tech
Metabolic tracking technology developer Ultrahuman announced today that it appointed Bhuvan Srinivasan as its first chief chief business officer. The appointment of Srinivasan to the new role follows Bangalore, India-based Ultrahuman’s $17.5 million Series B financing round completed in August. Get the full story at our sister site, Drug Delivery Business News.
Massachusetts offers Medicaid coverage for Pear Therapeutics’ digital therapeutics
Pear Therapeutics announced today that MassHealth intends to cover the company’s prescription digital therapeutics (PDTs). MassHealth — Massachusetts’ Medicaid program — notified Pear of its plans to cover the FDA-authorized reSET and reSET-O PDTs for treating substance use disorder and opioid use disorder, respectively. The decision remains subject to certain customary conditions, including federal and […]
Dexcom announces Garmin as first partner for real-time APIs
Dexcom (NYSE:DXCM) announced today that Garmin introduced its Dexcom Connect IQ apps on its smartwatch and cycling computer. Garmin today launched the apps to provide people using the Dexcom G7 continuous glucose monitor (CGM) with Type 1 and Type 2 diabetes a way to quickly see glucose levels and trends, even while working out. Apps compatible […]