VoCare is pleased to share this Infographic – an easy to understand, concise visual of our story so far. We appreciate that both our device and the US healthcare industry are complex, so when we saw this graphic version of our story by our marketing team we thought this graphic was worthwhile to share with our community.
Please feel free to share this post with your network as we move towards our 2020 market launch and the close of our investment round.
VoCare is pleased to announce that the Vitals360 will be featured on television on both Fox TV and CBS next week.
The interview will air on FOX59 WXIN and CBS4 WTTV next week and on the FOX59.com website ongoing as part of the Fox59 Marketplace. The interview features Ben H. Park, MD and CEO of American Health Network interviewed by Heather MacWilliams of Fox59 TV. You can access a preview of the interview above or via this link.
This broadcast will create awareness in the Indianapolis region as well as educating viewers on television and online on the numerous benefits of the device for patients, healthcare providers and other stakeholders.
We are pleased to share an encouraging snapshot of the current investment climate for medical devices and digital health for our community and new and existing investors.
In their 2019 Midyear Digital Health Market Update, Rock Health highlighted that “exits are heating up” and an overall positive investment climate for digital health companies (like VoCare). Of note, Rock Health is the first venture fund dedicated only to digital health companies.
The update noted that over $42 Billion was raised for 180 deals so far in 2019 and that this pace in the space was on track to exceed the record levels of 2018. Another interesting finding was the increased activity in “gobbling up sector startups” by non-healthcare giants like Amazon, Google, Apple, Best Buy and Walmart (see more below).
The article also notes that investors primarily seek two business model features in digital health – both of which the Vitals360 delivers in spades: 1) a B2B focus selling to payors, providers and employers, and 2) creating and sustaining value by overcoming the complexities inherent in healthcare.
Here are some other highlights from the Rock Health Market Update:
If you are interested in learning more, you can also check out: Top Mergers and Acquisitions in the Medical Device Industry in 2018 here.The Vitals 360 is a Medical Grade remote patient monitoring/point of care device that collects and transmits critical health data anywhere at any time. As such, the Vitals360 device will represent a tremendous value to health care providers that can immediately improve patient care by utilizing patient data to provide better outcomes at lower costs, while immediately utilizing the new revenue stream approved by CMS. The Vitals360 also provide tremendous value to patients in the form of an easy to use, fully mobile, all in one, diagnostic device that fits in your pocket.
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