
Healthcare "Game Changers" at the 2011 Consumer Electronics Show
Investor buzz at the Consumer Electronics Show has been focused on smartphones, 3-D TVs and slick new tablets designed to challenge the iPad, but some companies are also unveiling technologies, devices and services that some are calling "game changers" for the healthcare industry.
Investor buzz at the
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"The growth of the digital health category is bringing new companies and technologies to the forefront. It's an exciting time and being able to bring these individuals together in one room to show, talk about and demonstrate their various technologies is an opportunity I just couldn't pass up," said Jill Gilbert, co-producer of the Digital Health Summit.
Machine-to-Machine (M2M) Communication
For telecommunications companies, the hottest technology in healthcare is M2M, or machine-to-machine -- mobile connections that link machines remotely to do such things as monitor patient weight, blood pressure, and glucose readings. (Think of it as OnStar for your body.) The companies also are seeking to cash in on the rush to implement electronic health records (EHRs) systems, which can transmit patient records, track medications and monitor patients wirelessly.
Telecom giants AT&T Corp. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) were at CES touting their move into healthcare devices, eyeing the potential for growth in M2M. Currently, about 8.5% of AT&T’s customers are now industrial or consumer machine-type devices, while Verizon’s M2M business is about 7.8%, according to
The total number of wireless M2M connections is expected to reach 294.1 million connections in 2015, according to a recent survey by Swedish research firm
At CES, AT&T partnered with MedApps, a Scottsdale, Az.-based mobile health monitoring provider, to sell wireless devices for blood pressure and glucose readings. In November, AT&T formed the ForHealth unit to combine the company's current health-care IT offerings with up-and-coming health IT companies such as
"We believe the healthcare industry is at a 'tipping point' for fundamental change that will improve patients' care and lead to better healthcare outcomes," said John Stankey, president and CEO of AT&T Business Solutions, in a statement. "Networking solutions, using cloud-based, mobility and telepresence technologies, can help the overall industry deliver better care to people while driving costs out of the system."
Rival Verizon, meanwhile, was showcasing its first batch of 4G long-term evolution (LTE) devices, along with partner Qualcomm Inc. (NASDAQ: QCOM) and new M2M partners, at CES. Qualcomm itself had some news, announcing that Telcare Inc. of Bethesda, Md., will use its chips its soon-to-be-released
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