Providing market intelligence for more than 35 years

The Motley Fool

FDA Clearance for Cloud-based Telehealth Solution Enables Wide-scale Adoption, May Reduce Deployment Costs by Up to 50 Percent

The newest remote care management offering from Care Innovations™ is now FDA-cleared to take healthcare into the home and beyond via a web-based patient platform, while also offering tools to engage family caregivers. By eliminating the need for hardware, the Care Innovations™ Connect RCM (Remote Care Management) client application may reduce the cost of remote care deployments by as much as 50 percent compared to device-centric solutions available today.

“This could mark the tipping point in telehealth adoption,” said Harry Wang, Director of Research at Parks Associates . “Delivering the capabilities of telehealth and remote care management to care recipients via web browser will help healthcare organizations overcome some of the most common barriers to wide-scale adoption of telehealth across large populations, including high per-patient costs involving lengthy hardware deployments and inventory management.”

From the article, "FDA Clearance for Cloud-based Telehealth Solution Enables Wide-scale Adoption, May Reduce Deployment Costs by Up to 50 Percent."

Previously In The News

More Evidence That Apple, Inc. Needs to Refresh Apple TV

Well, Fire TV is catching up with Apple TV and Chromecast just overtook it. We're No. 3! We're No. 3! That's according to a recent report from Parks Associates. The market researcher has rele...

AT&T and Verizon Drag On the Dow; Can Sprint and T-Mobile Really Win?

For AT&T and Verizon, the good news is that most people never switch carriers even when superior plan options become available. According to consumer data from Parks Associates, almost half of mobi...

What Investors Need to Know About the Alarm.com Holdings IPO

All things considered, Alarm.com looks like it should attract strong investor interest. Revenue continues to rise, and profitability is also improving. In its IPO filing with the Securities and...

Will Amazon Fire TV Benefit From Soaring Interest in Prime Instant Video?

Parks Associates estimates the market for streaming media players will grow 23% annualized between 2013 and 2018 as more of us get used to tuning in on-demand. Naturally, Netflix (NASDAQ: NFLX...