"remote health monitoring" articles

The COVID-19 pandemic has turned the healthcare ecosystem on its head. The outbreak led to sharp decreases for in-person visits and the delay of elective care procedures, due both to official public safety measures and consumer’s avoidance of exposure. Care providers and health systems have leaned on technology to provide much needed care to patients at home, through telehealth consultations and remote patient monitoring programs.  Parks Associates data reveal that telehealth use...

On August 5th, telehealth pioneer Teladoc announced that it would be acquiring/merging with leader in diabetes management Livongo in a stock swap arrangement valued at $18.5B. This deal highlights how the telehealth - and overall medical landscape - has changed in 2020 as a result of COVID-19. Teladoc and Livongo Key Facts (source: Teladoc) Parks Associates has followed the connected health market for over a decade, watching its slow growth and acceptance in the...

The connected wellness and fitness device market has been on an upswing for the past 18 months. Smart watches and fitness trackers, led by Apple and Fitbit, have begun their journey to mass adoption; while connected fitness equipment company Peloton has emerged as a streaming content powerhouse – showing the potential of new business models and new methods of engaging with consumers.  The outbreak of COVID-19 has had a significant impact on the fitness and wellness market –...

Prior to Parks Associates' sixth annual Connected Health Summit: Independent Living and Wellness , Dev Singh, CEO of ViKi Health AI, shared his insights on the connected health market with the firm's analyst team. What features of wellness and fitness apps are in highest use? Which are in highest demand? Health and fitness applications can be divided into following categories: Fitness Tracking, data storage and management- for tracking and storing workout...

Prior to Parks Associates’ sixth-annual  Connected Health Summit: Independent Living and Wellness ,  Joe Smith ,  MD, PhD, CEO, Reflexion Health  gave his insights on the connected health market with the firm's analyst team. Joe will participate on the panel   Expanding Reach: Making Remote Patient Monitoring Work   on Wednesday, August 28, at 3:15 PM. Panelists who will join him on this session include: Amy...

Prior to Parks Associates’ sixth-annual  Connected Health Summit: Independent Living and Wellness ,  John Jesser , President of LiveHealth Online and Employer Solutions at American Well, shared his thoughts on the connected health market with the firm's analyst team. John will participate on the  Choice in Care: Telehealth, Kiosks, and  Retail Clinics  panel on Wednesday, August 28, at 10:45 AM. Panelists who will join him on this session...

Telehealth service use and availability is expanding, driven by consumer demand and increasing avenues for reimbursement. According to Parks Associates consumer data, 59% of consumers are interested in remote care, with phone and voice chats being the most popular consultation option. The firm also finds that ~6.5 million U.S. broadband households used an online video consultation with a health care professional in lieu of a traditional office visit in a 12 month period. With younger...

Prior to Parks Associates’ 13th-annual CONNECTIONS Summit at CES , in Las Vegas, Geoff Gross, Founder and CEO, Medical Guardian shared his insights on the future of connected devices, smart home, and independent living solutions with the firm's analyst team. Geoff will be participating on the Independent Living: Serving Consumers at Home panel during the conference on Tuesday, January 8, at 4:15 PM. Panelists joining him on this session include: Steve Chazin, VP, Product...