New York, New York, it’s a health tech town (Part 3/wrapup)
Part 3: When is a Summit only a hill? And The Pioneers overload the Conestoga Wagons.
(Disclosure: TTA was a media partner of DHS at CEWeek. We also remain a proud sponsor of and provide volunteer services for Health 2.0 NYC, the presenter of Healthcare Pioneers. Our readers should know that these relationships do not exclude this Editor from noting the thick and thin of both events, not rendered in pale pastels.)
Digital Health Summit @ CEWeek
Four floors up from a busy show floor, and after interviewing Tal Givoly, CEO and Oren Fuerst, PhD, Executive Chairman, of startup health information company Medivizor (Part 2), assistants moved attendees into the room for the start of the New York/CEWeek edition of the Digital Health Summit at 11:30 am. It opened with a fairly anodyne presentation by the Executive Director of the NYC Economic Development Corporation (NYCEDC), (more…)
55% of ACOs trying on RPM for size: study. But what’s behind the good news? (US)
According to a new ($2,495) study by market intel firm Spyglass Consulting Group, 55 percent of the US Accountable Care Organizations (ACOs) included in their survey are deploying or evaluating RPM–remote patient monitoring–as an ‘early symptom management tool’. iHealthBeat’s summary here is excellent (as usual) and contains links to articles in FierceHealthIT and HealthcareITNews. Certainly we should raise at least one cheer, because the RPM is further qualified as ‘telehealth/telemedicine’.
But is ‘RPM adoption poised for robust growth’ as the Spyglass release claims? Not exactly.
Behind the cheerful release lead, the study actually flags three Big Negative Issues for telehealth providers that undercut the good vibes. These are largely quoted directly from the release:
- 71 percent of organizations are concerned about integrating RPM with existing clinical care processes including EMRs
- 58 percent are concerned that RPM doesn’t provide adequate support for clinical analytics and decision support tools–both key parts of the ‘evidence-based medicine’ that is the heart of any ACO.
- More than 50 percent questioned the clinical effectiveness of RPM technology and their ability to generate a positive return on investment (ROI).
Ouch. Sounds like a shin-banging course of hurdles on the Robust Growth Track to this Editor.
Moreover, is this study qualitative masquerading as quantitative? It’s a Nicholas Brothers-worthy tapdance. How many hospitals and health systems are actually using RPM in this study? The findings are derived from over 100 interviews of individuals working in organizations ranging from health systems to payers. Does this represent 25, 50, 100 ACOs? Undisclosed. Is this a representative number? Unknown. A subsidiary point is not all the ACOs are actually ACOs: some are in progress (a long and winding road). How many?
But for directional purposes, it points to two conjoined things: a willingness (desperation?) to try RPM despite significant and underlying skepticism. The problems that can hold telehealth back from genuine acceptance, real helping of patients and real profitability are still plain to see. Your Editor’s bottle of Pol Roger remains on ice, unfortunately.
Related: Perhaps determining ROI is not that far off. A web-based analytic tool has been developed by Partners HealthCare’s Center for Connected Health and the Center for Technology and Aging (CTA) in collaboration with the California HealthCare Foundation (publisher of iHealthBeat). The ROI Tool will be used for heart disease, and was originally developed for an IVR-based program to support COPD patients. HealthcareITNews
3millionlives and the EHR moneysuck (UK and US)
When editor Donna passed an item from iHealthBeat to me, her comment was “Just as the DOD and VA are fighting over systems, maybe VA can make a few pounds selling VistA to the NHS!” Well, it’s much more interesting than that!
The iHealthBeat item is about a £285,000 ($430,000) exchange programme – of “leaders, staff and ideas” – to see what people from NHS England and the Veterans Health Administration (VA) could learn from each other about digital records and technologies. (This follows the scandalously expensive collapse in 2011 of the NHS’s attempt to develop its own national electronic record system.) Digging around some more, we discover from an item by eHealthInsider that the exchange programme began as part of the 3millionlives (3ML) initiative to compare notes on telehealth monitoring. With 3ML now being incorporated into NHS England, we find that the extended remit of the exchange programme has relegated telehealth to what many seem regard as its proper place in the scheme of things – the sidelines.
Telehealth and telecare week at Wessex HIEC (UK)
The Wessex Health Innovation and Education Cluster (HIEC), the Southampton University-based initiative that supports telehealth and telecare activity across Hampshire, the Isle of Wight, Dorset and South Wiltshire is holding an ‘Innovation Month’ event which, this week, features their telehealth and telecare work (which has been outstanding amongst the UK regional-based activities). In addition to the information on this web page, people who follow their Twitter feed (@WessexHIEC) will be receiving links to lots of telehealth and telecare resources this week including videos, training resources and presentations.
RockHealth mid-year 2013 digital health report; warm, not hot
RockHealth is back again with its 2013 Midyear Digital Health Funding Report (SlideShare link). The good news from 2012 [TTA 8 Jan] continues, but the growth rate for the half-year is down from the torrid pace of +45 percent increased funding 2012/2011 to a more modest +12 percent versus prior year, with 25 percent more deals done. Former darlings biotech and medical devices continue to sink like stones, down 2 and 29 percent respectively (PwC MoneyTree; also TTA 26 April). What is notable is the ‘small world’ concentration:
- 90 digital health companies raised in excess of $2 million to date in 2013
- 20 percent of all funding went into five deals: Proteus, Health Catalyst, Watermark Medical, NantHealth, HealthTap
- 20 funders did two to three deals each
- Remote patient monitoring, hospital administration, big data, EHRs and wellness by far lead the way
- Maturity is still hard to find: only three 2012 A-round deals have proceeded to B round so far this year; seven 2012 B rounds have moved to C round
- Crowdfunding has partially filled the ‘angel gap’ for companies in wearable fitness tech like Misfit and Amigo (plus HAPIfork), but the bulk of the action has been at non-healthcare specific sites like Indiegogo versus Medstartr and HealthTechHatch which take on a wider variety of health tech such as health management platforms, HIT and even education videos. The reality is that 40 percent do not meet their fundraising goals in an ‘all-or-nothing’ setup.
The cool-off reflects RockHealth’s chief Halle Tecco’s POV that both VC and angel investors are still dabbling in digital health–without a billion dollar success story, there’s still reluctance to put money where sentiment may be. Further at VentureBeat, but the reasons may go deeper….
Update 10 July: Long term, are VCs cooling because fundraising is off? Digital health is one of the few points of growth in a contracting VC investment market. Second quarter fundraising by US VCs dropped 54 percent to $2.88 billion, the weakest quarter for fundraising in almost two years, according to the National Venture Capital Association and Thomson Reuters. In addition, return performance for VC-funded companies has been off relative to the stock market. Less money=less funding. The ‘smaller, more agile fund’ trends may conversely help the smaller funding required for A and B (and modest C) rounds where digital health is still, but the Magic 8 Ball says ‘continue to dabble’. More room for crowdfunding? Reuters
EyeNetra raises $2 million for smartphone eye testing
MIT Media Lab’s EyeNetra spinoff recently filed with the US Securities and Exchange Commission (SEC) their raise of $2 million of a $2.5 million round of early-stage financing (scroll down to #13). Their Netra-G app and attachment measures nearsightedness, farsightedness and astigmatism, delivering the eyeglass measurements to your phone. The Test2Connect platform is meant to be flexible for various conditions and on demand for the 2.4 billion people worldwide who have vision problems but little access to eye examinations which may not be affordable. According to Mobihealthnews, eyeMITRA is their next project, in a smart glasses form factor to diagnose diabetic retinopathy. EyeNetra website. The Gimlet Eye squints and notes that EyeNetra was spied by TTA’s Editors back in April 2011 for their Vodafone/mHealth Alliance award, and in Fast Company’s ‘Dr Smartphone’ article a mere 18 months ago.
The health revolution, uncertain: The Australian
The Australian surveyed 100 professionals from the local commercial healthcare sector (40 percent doctors, salaries> $100,000, most in small to medium-sized companies) and came up with numerous findings both specific to their overall healthcare system and with some depth on eHealth. In Australia’s mixed public/private system, there is concern about further burdens on the public health system due to rising costs (just like the US) and lower subsidies for private insurance. Regarding eHealth, most of the findings were optimistic, but again affected negatively by government regulation (56 percent).
Because of Australia’s dispersed population, there’s hope that eHealth will ‘revolutionize care for remote communities’ (79 percent). Yet data capture/scanning/management and sharing take the lead in technology present and future, with remote monitoring a distant second. Will eHealth mitigate the pressure on the system? Despite 66 percent responding that “e-health will play a major role in ensuring a sustainable health system”, taking all the charts and graphs (PDF here) in their totality, it was hard not to discern a great deal of uncertainty. Perhaps there is thought of the Australian Government’s difficulties with instituting a national PHR and Nehta’s subsequent legal challenge by MMRGlobal [TTA 11 March]. Fear health revolution is suffering needlessly
myhomehelper wins ‘The People’s Award’ (UK)
In a ‘David v Goliath’ battle on 4th July at the Technology4Good Awards organised by AbilityNet, myhomehelper – a computer-based reminder system for people with dementia – won ‘The People’s Award’ i.e. it was the most popular of 10 entrants voted for by the public. Read the story from the perspective of myhomehelper founder Kevin Marsch here. Information on the awards which may interest others for next year here. Heads-up thanks to Mike Burton, Telecare Coordinator, Hull City Council.
Award given to retiring alarm dog (UK)
Heartwarming story of Jara, a 15 year old Labrador/Collie cross, who was trained nine years ago by the Dog Aid charity to help his owner Kerrie whenever she has a seizure. As soon as one occurs he pulls an alarm cord in her flat that alerts her telecare control centre which then sends assistance. As well as sounding the alarm Jara is trained to fetch Kerrie’s medication and to bring a special ball on a rope which he can use to help pull Kerrie upright as she comes out of a fit. But now he is ‘retiring’ and has been given an award by the telecare provider Welbeing. (Good for them!) Full story: ‘Alarm’ Dog Jara Given Welbeing Retirement Award.
Related: Previous TTA alarm dog item, May 2012.
What has happened to the 3ML Pathfinder Worcestershire tender?
In February we reported and commented on the clumsy tender by Worcestershire County Council for ‘Supply of a Solution for Assistive Technology for Worcestershire’ as part of its 3millionlives (3ML) Pathfinder site status. The tender process should have completed and been awarded some weeks ago and yet we cannot find any reference on the internet to the outcome. Does any reader have a link to an announcement we have missed? All we have seen referencing Worcestershire lately is a gushing – but apparently unrelated to the tender – press release by Tunstall on 25th June in praise of its long-standing partner organisation Worcestershire Telecare a service supplier that is independent of the council.
Active & Healthy Ageing: EU cities and regions get star ratings
Despite the echos of star (reward) charts for children as recommended by Supernanny, the issuing of stars by the European Commission to cities in recognition of developing ways of helping older people is probably a Good Thing. It provides a mechanism for recognition of good practice and a means of promoting healthy competition. It also means that, in order to rate the cities, someone somewhere has to have a vision of what is ultimately possible. There are six categories of innovation in the EU’s ratings: medication adherence, fall prevention, frailty and malnutrition, integrated care, independent living and age-friendly environments. Good examples have been noted from Andalusia, Scotland, the Basque region and Portugal. There are details in the press release. Moreover, it is not just about recognising good practice it is about sharing it via a Digital Market Place for Innovative Ideas. Perhaps the rating process holds some ideas for NHS England as it wonders how to promote telehealth. Hat tip to Bob Pyke.
New home for 3millionlives (UK)
Back in May we wondered if it might not be time for the 3ML initiative to be “moved to a new home” But this week’s low-key 3ML announcement (undated) that it has moved (from where it used to couch surf, with the Telecare Services Association) to a new home within NHS England’s Medical Directorate* leaves one wondering whether the also desired “reinvigorated and regenerated” will come about.
The move seems to confirm the widely held suspicion that, despite assurances about 3ML including telecare, it is really about telehealth. This is reinforced in the language of the announcement which is quick to reference clinicians. But how will NHS England get the ‘real’ NHS to adopt telehealth in practice? By being “a true partnership and synergy within NHS England” of course! [Glad to see, by the way, that it will be “delivered going forward”, not delivered backwards!]
We wonder too whether NHS England will continue to accept funding from 3ML’s private company partners. If it does not, it will not be the 3ML partnership originally envisioned and if it does, it could become a political embarrassment.
Has 3ML just been hit from the sandpit of the bunker into the long grass of the rough?
* “The English NHS is controlled by the UK government through the Department of Health (DH), which takes political responsibility for the service. Resource allocation and oversight was delegated to NHS England, an arms-length body, by the Health and Social Care Act 2012.” Wikipedia.
New York, New York, it’s a health tech town (Part 2)
New York, New York, a helluva town.
My smartphone’s on, but the battery’s down
No 4G’s up in that hole in the groun’.
You can’t hear me now! In this helluva town!
From ‘On The Town’, lyrics Betty Comden/Adolph Green, adapted Steve Hards/Donna Cusano
Part 2: the adventures of your Editor (and The Gimlet Eye) at CEWeek. (more…)
Healthsense acquires WellAWARE (US)
Another sign of consolidation in technologies targeted to long term care and aging services providers is the acquisition of telecare system WellAWARE by Healthsense. Terms of the acquisition were not disclosed. It was long rumored that WellAWARE, which lately concentrated on sleep monitoring in LTC and SNF residences, was having long term difficulty seeking next round funding. Some speculated that it was due to its ownership structure shared by users/early funders Evangelical Lutheran Good Samaritan Society (GSS) and Volunteers of America (VOA). More recent investors .406 Ventures and Valhalla Partners were also rumored to be eager to exit after 3 1/2 years with no major breakthroughs, significant technology difficulties and management turnover. In retrospect, the 2009 $7.5 million round of funding was inadequate yet quite possibly misdirected in essentials like developing positioning and the business plan. Some evidence: a narrow focus on resident sleep quality versus diversifying capabilities, not aggressively going mobile, and not strengthening technology to be rock solid reliable, a major issue in all telecare/remote monitoring sold into senior housing. In such circumstances, acquisition was WellAWARE’s final bid.
In contrast, once also-ran Healthsense has superior funding from major investors (BC Ziegler, Radius Ventures, Merck, West Health etc.–now joined by .406 Ventures but not Valhalla) and is up to Series D [TTA 28 Sept 12] funding round. Healthsense over the years diversified considerably with capabilities and offerings spanning telehealth and telecare, strategic partnerships and a month ago received the Triple Tree iAward in recognition for clinical effectiveness. Combined, the two companies now serve over 20,000 individuals, which in the mHealth context would be a blip but makes Healthsense a formidable competitor to Care Innovations’ QuietCare and Health Guide. There is no statement in the release regarding customers or staff integration, but this Editor notes that the release is not on the WellAWARE site and most pages (notably Team and Board) are blank, which does not bode well for the reportedly few employees left. Healthsense Acquires Monitoring and Analytics Provider WellAware (release)
Update 5 July. Previously in TTA: Depending on the exact start, this June may also have marked the close or near close of a $8.1 million grant that The Good Samaritan Society received in June 2010 [TTA 24 June 10] to study and operate the WellAWARE system versus traditional care for residents of rural communities. Its operation of the system may very well be ended as active data gathering concludes and the study moves into evaluation of data/writing/publishing phase. But ‘between the lines’ readers will note that neither GSS nor VOA are mentioned in the Healthsense release.
Update 8 July. The local Minneapolis Star-Tribune gleans some additional information about the acquisition from Bryan Fuhr, Healthsense co-founder and current VP Business Development. WellAWARE was bought specifically for its greater capabilities in sleep monitoring such as breathing; the acquisition adds “5,000 new customers to Healthsense’s base of 15,000 people in 24 states”; that major Midwest provider Ecumen, one of the earliest adopters of now Care Innovations’ QuietCare, has switched to Healthsense; and that “there are no plans to cut jobs as a result of the acquisition”. But this must mean at Healthsense, as according to sources, a number of the few remaining employees at WellAWARE were released as the press releases went over the wires.
Will it be the watch or the glasses?
While last week’s CEWeek conference along with the FashionWare booth/show were notably light on smartwatches and glasses on display, that may not be true this time next year. And watches seem to be where the action is. In the news are:
- Foxconn’s prototype smartwatch. (Foxconn is the trade name of the iPhone/iPad manufacturer in China, Hon Hai Precision Industry, which has taken much flak for worker abuse). Reportedly it will not only pick up the usual phone calls and alerts but also some vital signs monitoring. Medgadget, CNET.
- Qualcomm has filed a name trademark and patent application (26 June) for a device named “Qualcomm TOQ”, described as a “personal communication hub in the form of a wristwatch…” though it may be making the device for others. Phandroid (Whither the long-awaited Lifecomm mPERS watch of the static home page? Beginning to look more and more obsolete?)
- Pebble’s smartwatch may be hitting the shelves at Best Buy within a few weeks. CNET
- The Kreyos Meteor smartwatch, currently on Indiegogo, promises that it’s the first with voice and gesture controls to control your smartphone. It’s also 4x over its funding goal at over $400,000–and with 38 days to go. Their page targets a late November in-market date….timing for holiday.
- Seen at CEWeek’s Innovation Zone:
- WearIt, seen in CEWeek’s Innovation Zone, is a smartwatch concentrating on sports and activity data plus Bluetooth connectivity for streaming music and ANT+ connectivity for activity/vital signs monitors. At a pricepoint of about $400 it is scheduled to formally debut after CES in January 2014. Gizmag
- PairASight is a ‘glasses’ device in prototype whose main feature is two-way video and audio, so that a wearer could confer with other people in real time. In this Editor’s opinion, it’s unfortunately named. Gizmag







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