Tuesday, October 08, 2013

Mobile Health News Weekly – Week of October 6, 2013

The Mobile Health News Weekly is an online newsletter made up of the most interesting news and articles related to mobile health that I run across each week.  I am specifically targeting information that reflects market data and trends.

Also read Enterprise Mobility Asia News Weekly
Also read Field Mobility News Weekly
Also read Mobile Commerce News Weekly
Also read Mobility News Weekly

According to Market Publishers Ltd., the worldwide mHealth market is anticipated to be worth around $9 billion in 2014. By the end of the same year, mHealth could represent approximately $250 billion in yearly world healthcare cost-savings. Moreover, the market is likely to record a 40 percent compound annual growth rate through 2020. Read Original Content

The Food and Drug Administration announced that among the rapidly growing number of mobile health apps on the market, it would only regulate those posing the greatest risks to consumers.  The agency intends to “exercise enforcement discretion,” according to a release, meaning it will not enforce requirements under the Federal Drug & Cosmetic Act for the majority of mobile health apps, as they pose minimal risk to consumers.  Read Original Content

Then M7 chip in the new iPhone 5s is a coprocessor, and companion to the A7 chip, which is dedicated entirely to continuously measuring motion by utilizing the iPhone’s built-in accelerometer, gyroscope and compass.  It works independently of the A7, the iPhone’s primary processor, but can tell when you are walking, running or driving.  This is valuable data that can be accessed by third-party health and fitness apps and developers are beginning to incorporate this functionality into their own applications.  Read Original Content

While social, mobile, analytics and cloud technologies add a new dimension to your model, to fully maximize their value consider the sum is greater than its parts. The formula for the Future of Work is called SMAC - social, mobile, analytics and cloud on one integrated stack, where each function enables another to maximize their effect.  To learn more about SMAC and Cognizant please visit http://www.cognizant.com/futureofwork/smac.  This newsletter is sponsored in part by Cognizant.

Health service company Cigna and digital health social engagement company SocialWellth are partnering to co-create a highly selective curated Go You Cigna Marketplace for certified health apps unveiled at the Health 2.0 conference.  Read Original Content

At the recent annual Health 2.0 Conference in Santa Clara, California, there were several launches worth noting.  One is the start of a $100,000 developer's challenge, seeking cloud-based, “innovative health applications that will revolutionize the way physicians and hospitals educate patients,” according to the contest sponsors, Dignity Health, San Francisco. Read Original Content
MedTech National, a health IT company, has acquired Cylliance's medical billing and practice management assets for an undisclosed sum. Medtronic, a medical device manufacturer, has acquired Cardiocom, a provider of remote patient monitoring and care coordination systems, for $200 million.  Read Original Content

Wearable connected device revenues will grow to more than $6 billion in 2018, according to new findings from ABI Research. The survey tracked four areas: sports, fitness and wellness; home monitoring devices; remote patient monitoring; and professional (on-site) healthcare.  Read Original Content

The recent explosion in mobile communications has been driven by increased uptake of devices such as the smartphone and tablet. Synonymous with these devices are app stores, which offer a huge array of downloadable programs and services, many of which apply to the healthcare field. Visiongain has determined that the value of the global mHealth market in 2013 will reach $2 billion.  Read Original Content

Venture capital continues to pour into startups looking to cash in on the mHealth explosion. From January to August of this year, 50 mobile health companies secured $310 million in VC money compared to $229 million raised by 42 firms during the same period in 2012, according to a blog citing a recent research report by Rutberg & Co.  Read Original Content

At the Health 2.0 conference in Santa Clara, California, a slew of big data demos kicked it off. They showed a handful of different ways data analytics can change healthcare — whether the data comes from insurance claims or electronic health records. The theme was that big data didn’t have to mean population data — new initiatives are bringing the weight of large data sets to bear on individual patient cases.  Read Original Content

Recent Articles by Kevin Benedict

Kevin Benedict's Mobile Expert Google+ Hangout with Chris Willis
Kevin Benedict Selected to the 2013 Power Players in Technology Business Media List
State of Enterprise Mobility 2013 Survey Results, Part 1
Mobile Expert Video Series: Bob Egan, Part 2

Whitepapers of Note

BYOD: An Opportunity for IT to Drive the ‘New Age Enterprise’
Don't Get SMACked - How Social, Mobile, Analytics and Cloud are Reshaping the Enterprise
Making BYOD Work for Your Organization
How to Realize the Vision of Enterprise Mobility
A Smarter Way to Integrate and Mobilize Oracle JD Edwards Applications
Strategies for Cross-Platform Deployment of Enterprise Applications

Kevin Benedict, Head Analyst for Social, Mobile, Analytics and Cloud (SMAC) Cognizant
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and SMAC analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.