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Scanadu Closes $10.5 Million for Medical Tricorder

Posted on December 16, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

As most of you know, I’m a big fan and deep supporter of Vegas Startup companies. In fact, I’m an adviser to a healthcare focused secure healthcare messaging startup called docBeat. As such, I’m extremely interested in any healthcare related startup company becomes part of the Vegas family.

The latest entrant is a company called Scanadu that was just funded by the Vegas Tech Fund and others in a $10.5 Series A round of financing. This comes after raising $1,664,574 on Indiegogo. Here’s a description of what they’re trying to accomplish with Scanadu:

While Scanadu is equipping the Scout with off-the-shelf sensors, each needs a 501(k) clearance from the FDA, as do any groups of sensors working in conjunction with each other. That’s the whole point of the Scout: it combines existing trackers into one handy device.

“This is a device that comes out of nothing,” Scanadu CEO Walter De Brouwer said. “There was nothing that you could build on. You put all sorts of sensors together in a small package and make it do stuff that it hasn’t done before.”

The goal is to have the commercial device available to consumers by the winter of 2014 or Q1 of 2015. Before that, the Scout will ship to the 8,000 people who preordered through the Indiegogo campaign in March. Scanadu will be doing usability testing on volunteers from that cohort in order to glean how exactly consumers will use the Scout: how many times a day they check it and what metrics they are most interested in tracking, for instance.

I think it’s ambitious of them to go after the FDA clearance, but it probably necessary. There’s a lot of money and time involved in getting FDA clearance. However, once you do it, your competition has to deal with those barriers in the future.

I hope Scanadu uses the money they’re getting to bring on someone who’s very good at getting through the FDA clearance process. It’s a beast and it’s a real advantage to work with someone who’s done it before.

On a broader level, Scanadu is just one of MANY devices that are coming out like this. It’s an exciting time for these types of devices. In the next couple years there are going to be a wave of these devices that help us better track our health. This is just the start.

EMR Can Improve Diabetes Care

Posted on I Written By

Anne Zieger is a healthcare journalist who has written about the industry for 30 years. Her work has appeared in all of the leading healthcare industry publications, and she's served as editor in chief of several healthcare B2B sites.

EMRs can help improve diabetes care by making care coordination of such patients more efficient, according to a study reported in iHealthBeat.

The federally-funded study, which was done by the Western New York Beacon Community, went to one of 17 Beacon Communities funded by ONCHIT, which has handed out $250.3 million in total grants.

In this case, the Beacon Community is a partnership between HealtheLink, Catholic Medical Partners and P2 Collaborative of Western New York. The partnership’s $16.1 million is the largest grant received by any of the 17 Beacon Communities.

To study the impact of EMRs on diabetes care, the partners looked at about 40,000 patients, and 344 primary care physicians working in 98 practices.

To implement the study, participants created diabetes registries that tracked lab tests and results, created personalized reminders and guidance for patients, and generated quarterly reports for physicians underscoring areas where they could cut costs and improve diabetic care, iHealthBeat said.

But the diabetic registry was just the beginning. The Beacon project also implemented preventive telemonitoring to avoid excess emergency department visits and hospital readmissions; medication therapy tools to alert doctors — in real time — of changes ED doctors make medication regiments, and patient portals giving patients access to prescription refills, appointment requests and lab results.

At the end of the study, researchers polled the 57 practices that consistently used the registries, and found that the number of diabetics with uncontrolled sugars levels fell 4 percent, with some practices seeing as much as a 10 percent improvement. Researchers calculated that if project guidelines were followed by 20 percent of patients with diabetes and their doctors in Western New York, savings could be $18 million.

This result echoes results of other studies. For example, last year researchers at Weill Cornell Medical College concluded that when a group of community-based doctors moved to EMRs , they provided better care, particularly in managing chlamydia, diabetes, colorectal cancer and breast cancer.