The COVID-19 pandemic promises to change nearly every aspect of our lives — remote working, social distancing and Zoom-bombing likely will be part of our professional lexicon for years to come. But the pandemic also will bring big changes to the medtech industry, which got caught in the center of some political, geopolitical and yes […]
Patient Monitoring
Current Health, Mayo Clinic launch AI-based COVID-19 detection collaboration
Current Health announced today that it launched a collaboration with Mayo Clinic to develop remote monitoring solutions that help identify COVID-19-positive patients. Using Boston-based Current Health’s FDA-cleared remote monitoring sensors and platform, experts from the company and Mayo Clinic can expedite the identification of the coronavirus and improve treatment efficacy and care for patients with […]
Masimo up on Street-beating 1Q
Masimo (NSDQ:MASI) shares inched up today on first-quarter results that topped the consensus forecast. The Irvine, Calif.-based company posted profits of $64 million, or $1.12 per share, on sales of $269.6 million for the three months ended March 28, 2020, for a 30.7% bottom-line gain on sales growth of 16.4%. Adjusted to exclude one-time items, earnings […]
Coala Life launches expanded COVID-19 remote patient monitoring capabilities
Coala Life today said it expanded its monitoring capabilities to monitor COVID-19 patients from home. The smartphone-powered ECG Coala Heart Monitor can detect nine common heart arrhythmias and normal sinus rhythm. The expanded capabilities are a result of the FDA’s new emergency guidance to help battle the coronavirus. “The ability with Coala to monitor patients […]
This Caltech-developed electronic skin is fully powered by sweat
Caltech researchers are touting an “electronic skin” (e-skin) applied to real skin that can monitor health indicators with fuel from the body’s own waste products instead of batteries. The e-skin, made from soft, flexible rubber, can be embedded with sensors for monitoring heart rate, body temperature, blood sugar levels and metabolic byproducts that are health […]
Philips wins EUA for patient monitor
The FDA has granted Royal Philips (NYSE:PHG) an emergency use authorization for one of its IntelliVue bedside patient monitors remotely to reduce healthcare provider exposure to COVID-19. The authorization allows providers to use IntelliVue MX750 bedside monitors outside of patient rooms. The monitors can be used to acquire multiple physiological patient signals, including remote display of […]
Hillrom secures EUA for use of MetaNeb system with coronavirus patients
Hillrom (NYSE:HRC) announced today that it received FDA emergency use authorization (EUA) for its MetaNeb system to help COVID-19 patients. Chicago-based Hillrom designed MetaNeb to combine lung expansion, secretion clearance and aerosol delivery into a single therapy session available for use with any ventilator. MetaNeb includes a closed-circuit design with a bacterial-viral filter to protect patients […]
Coala Heart Monitor receives EUA to provide remote heart and lung exams
Coala Life announced today that it received FDA emergency use authorization (EUA) for an expanded indication for its Coala Heart Monitor. The expanded indication for the heart monitor enables physicians to remotely monitor heart and lung sounds in real-time, which can be used in COVID-19 respiratory diagnostic exams. Coala, a Swedish company with a location […]
COVID-19 upends medtech’s financial outlook
The uncertain times brought on by the COVID-19 pandemic have affected businesses worldwide, and several sectors of medtech industry are projecting hits to their bottom lines. A number of companies have announced decisions to withdraw financial guidance, cut hours and/or staff, among other major business decisions. Initial impacts of the global pandemic on Wall Street […]
Medtronic launches COVID-19 monitoring system
Medtronic Care Management Services is launching two new software programs for assessing, monitoring and triaging people concerned about COVID-19 and potential symptoms. The MCMS COVID-19 virtual care evaluation and monitoring system — which Medtronic (NYSE:MDT) announced late last week — is now available to U.S. health systems, plans and employers. It follows the company’s launch of […]
DHS warns on Insulet Omnipod
The U.S. Dept. of Homeland Security (DHS) issued a medical advisory to warn of vulnerabilities with the Insulet (NSDQ:PODD) Omnipod insulin management system. According to the advisory, the affected insulin pumps are designed to communicate using a wireless RF with Insulet’s personal diabetes manager device, but the RF communication protocol does not properly implement authentication or […]