The U.S. Department of Defense has named Remote Diagnostic Technologies as one of several device companies eligible to participate in a $100 million contract for patient monitoring systems, accessories and training. The five-year base contract comes with an option for a five-year extension, according to the DoD. Customers will be the U.S. Army, Navy, Air […]
Remote Patient Monitoring
Medtronic (NYSE:MDT) said today that its Canadian subsidiary won approval there for the world’s 1st app-based remote monitor for pacemakers, the MyCareLink Smart system. The Health Canada nod allows patients with compatible Medtronic pacers to use a smartphone or tablet to send data to caregivers, using a handheld portable device reader and the MyCareLink Smart app, the Fridley, Minn.-based […]
Informed Data Systems said today it raised $8 million in a Series A round, saying it plans to use the proceeds to continue promotion and development of its One Drop diabetes management system. The funding round, led by RRE Ventures, included BoxGroup, Launch Fund, Capital Factory and Neu Ventures, Informed Data Systems said. RRE managing partner […]
Kyma Medical Technologies, a developer of remote cardiac monitoring devices, is entertaining a $35 million acquisition offer from an unnamed suitor, according to a regulatory filing by Elron Electronic Industries (TASE:ELRN), which owns a stake in Kyma. Kyma told Elron that it inked a non-binding letter of intent with “a non-affiliated 3rd party regarding a potential acquisition […]
Glooko said yesterday that it inked deals with Dexcom (NSDQ:DXCM) and Insulet (NSDQ:PODD) to supply device data from both companies to its diabetes management platform. Glooko’s platform will now integrate Dexcom’s continuous glucose monitoring systems and Insulet’s OmniPod insulin management systems in a new version of the platform that’s slated for a summer release, the Palo Alto, Calif.-based company […]
UPDATED April 3, 2015, with comment from BioTelemetry.
BioTelemetry Inc. agreed to fork over $6.4 million to settle federal charges that its CardioNet subsidiary overbilled Medicare for unnecessary outpatient services.