The Evolution of " Wearable Health Ecosystems " and Associated Partnerships

I am coming to understand that various types of"wearable health ecosystems" (i.e., wearable business models) are evolving. This is an important step in the creation of consumer-facing, healthcare/wellness systems. The latest example is that of Fitbit partnering with pharmaceutical companies (see:Fitbit collaborating with pharma giants Bristol-Myers Squibb and Pfizer). Below is an excerpt from this article:Fitbit and pharmaceutical giants Bristol-Myers Squibb and Pfizer have inked a multiyear partnership to accelerate the detection and diagnosis of atrial fibrillation to reduce the risk of life-threatening events such as stroke. The collaboration will rely on Fitbit's afib detection software, which the tech giant plans to submit to the U.S. Food and Drug Administration (FDA) for regulatory review and approval.Once its afib detection software receives FDA clearance, Fitbit will work with the BMS-Pfizer Alliance to provide those who are alerted by the wearable device of a potential heart rhythm irregularity with appropriate information to help encourage and inform discussions with their physicians....The collaboration signals Fitbit's deeper push into healthcare...[T]he company announced a new premium subscription service for users that offers coaching and personalized insights mined from the health data it collects from 27.3 million users....In June, Fitbit announced a partnership with third-party app Cardiogram to integrate its health-monitoring applica...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Diagnostics Health Wearable Healthcare Information Technology Healthcare Innovations Public Health Telemedicine Test Kits and Home Testing Source Type: blogs