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#News(Startup) [ via IoTGroup ]
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Current Health raises $11.5 million for AI-powered remote health monitoring
Top Stories from VentureBeatAuto extracted Text……
Systems that monitor vital signs are critically important in any health system with seriously ill patients; it’s estimated that about 53% of U.S. hospitals have computerized remote patient monitoring systems.
One startup chasing after it is Current Health (formerly snap40), which Christopher McCann and Microsoft veteran Stewart Whiting cofounded in 2015 with the goal of preventing illness for one million patients around the world by 2021.
The Edinburgh-based firm provides a patient management product that predicts diseases and recommends specific interventions to physicians and nurses, using a combination of machine learning, clinical indicators, symptoms, and vital signs monitoring.
After an eventful year in which Current Health’s revenue grew by 300% and it inked partnerships with two of the world’s largest pharmaceutical companies, the company today provided an update on its growth and near-term roadmap.
Said hub provides local Wi-Fi while transmitting vital signs and mobility data over cellular to a cloud backend, where it’s analyzed to generate personalized notifications and alert health care professionals to major events.
Both the armband and hub are designed to integrate with third-party devices from partners including Vivalnk, MIR, iHealth, and Omron, as well as electronic health records and Current’s own web and mobile apps.
Earlier this year, Current Health obtained FDA Class II clearance, meaning it successfully demonstrated its platform was equivalent to another legally marketed product with FDA approval or clearance.
Current Health is far from the only startup with a holistic at-home remote monitoring solution, of course.
Others include Biobeat, which is developing a cuffless blood pressure and heart-rate monitor that recently received 510(k) clearance; Bardy Diagnostics, which snagged $35
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AutoTextExtraction by Working BoT using SmartNews 1.02976805238 Build 26 Aug 2019
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