Free Smart Phone Healthcare Newsletter Want to receive the latest updates on smart phones, gadgets and technology for healthcare? Join thousands of healthcare pros who subscribe to Smart Phone HC for FREE!

AliveCor Interview – Raises $30 Million

When I look across the mobile health ecosystem, one of the big winners is AliveCor. They’ve done an incredible job with their company and bringing their ECG readings to a much wider audience. The news recently came out that they’d raised their Series D round of investment of $30 million. As part of that announcement, my colleague Neil Versel from Meaningful Health IT News did an interview with the COO from AliveCor, Doug Biehn. You can check out the full interview below:

I hadn’t caught up with AliveCor for a while, so it was interesting to hear how much progress the company has made. Neil does a good job covering how AliveCor has been trying to figure out the balance between a consumer solution and a provider (FDA cleared) solution.

One of my favorite comments from the video above is when Neil asks about their new AlieCor platform and Doug Biehn says, “We’ve been launching new apps in the consumer space every 6 weeks for the past year, but this is our first big entree into the medical professional market.” I love this sort of iterative development in healthcare. While AliveCor does ECG, I think they’re just getting started. I’ll be interested to see what else comes out of this company as it continues to iterate and mature.

March 22, 2017 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.

The Balance of Moving Fast and Not Breaking Things

The right path forward for the digital health industry begins with a significant shift in the Silicon Valley mindset: “Move fast and break things” just won’t work. Source

That’s a powerful quote from Vic Gundotra, CEO of AliveCor. He’s right that you have to be much more careful in healthcare. That’s not always true. You can experiment on certain parts of healthcare without damaging a patient or a physician. However, you do have to be careful because it can quickly move into a regulated portion of healthcare. It’s a challenging balance.

Plus, even if you’re working in a regulated portion of healthcare we need to have more people who move fast and break things. They just need to do it within the regulations. While this is a challenge, it’s still possible. Plus, it becomes a massive competitive advantage when you do finally comply with all the regulations and provide value to the end user.

Vic offers this added insight:

What has been seen as a burden needs to be seen as a benefit. It’s time that we stop viewing regulatory bodies as obstacles and start viewing them as valuable partners.

In healthcare, entire industries are created around regulation. Regulations can be an enormous opportunity for entrepreneurs. That’s certainly a shift in mindset for many of those in silicon valley. Maybe that’s why so many big health IT companies come from places other than the valley.

July 13, 2016 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.

AliveCor Developing a Mobile ECG Using the iPhone

While I personally am not totally convinced of the value of being able to take an ECG of yourself, I have to admit that it is pretty cool technology.  AliveCor has not yet released the device to the public, but according to their website they will be exhibiting at MEDICA 2011 in Dusseldorf Germany from Nov 16-19.

The following two videos give a much better description of the device then I ever could so I will let them describe it.

 

 

 

Like many of the devices similar to this I really feel like they are of the most value in underdeveloped countries.  These places will not have ECG’s all over the place like we do here in America.  Making it possible for more experienced doctors to monitor patients with tools like an ECG will greatly improve the quality of care that they receive.

November 7, 2011 I Written By