According to thetimes-tribune.com, Eisenberg “created an application, PreMD Tracker, that allows premedical students to monitor their progress toward fulfilling application requirements.”
Read MoreDigital health funding continues to rise as biotechnology and software offer more solutions to fill gaps in the health care industry. The categories raising the most money include wearables, analytics and big data as well as consumer tools for buying health care products. In 2014, digital health care companies raised a total of $4.3 billion in funding. According to Rock Health, venture funding of digital health companies surpassed $2 billion through the first half of this year.
Read MoreCurrently, there is a $150 billion market for implantable medical devices in the U.S. It is important to track how well devices are working, in order to obtain better value for healthcare dollars. Effective tracking will allow for recalls on devices that may be defective, and it would make it easier to detect cases of fraud.
Read MoreThe line between self-diagnosis and in-person doctor diagnosis is getting very blurry in today’s digital market. There are some medical symptoms that require a trip to the doctor such as an accurate diagnosis of a concussion or an unfamiliar mole. However, there are some cases where a trip to the doctor can be easily replaced with the download of an app or online messaging with a doctor.
Read MoreVenture capitalists are still very interested in the digital health market, as is evident by the $2.1 billion invested in the industry this year. Last year, $211 million was invested in payer administration startups; however, this year, wearables and biosensing companies got the majority of the funding at $387 (Jawbone received $300 million of it).
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