Who says there's no money to be made in the mHealth industry? Mobile authentication and security company Diversinet reported revenues of more than $2 million for the first quarter this year, including more than $1.6 million from additional customers it acquired through its relationship with AllOne Health.
The extra revenues helped Diversinet swing to a net profit of $182,000 compared to a net...
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Last week Vital Wave Consulting noted that a number of large technology vendors have made investments in mobile health initiatives for developed markets. Vital Wave pointed out that the timing was probably meant to coincide with the U.S. government's plan to invest $20 billion into modernizing healthcare. GE and Intel recently announced a joint $250 million investment...
New York-based Phreesia, which provides a free patient-intake solution for physicians' waiting rooms, raised $11.6 million in venture capital. The company's third round of funding was led by BlueCross BlueShield Venture Partners, which has a $116 million war chest into which eleven independent BlueCross and BlueShield companies have committed capital. Return investors Polaris Venture Partners,...
More mobile health-related news is trickling out of the big wireless conference: Mobile World Congress in Barcelona, Spain: The largest wireless carrier in Australia, Telstra is looking to healthcare as an opportunity during the worldwide economic downturn.
"But crisis can also breed innovation and opportunities," Telstra CEO Sol Trujillo told MarketWatch. As the recent Vodafone+U.N. mHealth...
