Company

Instead of selling the band for $100 -- like other companies in this market do -- Pivotal will offer the device on a subscription basis for just $12 per year.

The venture is looking to incubate companies led by Harvard alumni; in order to join it, at least one founding team member must be a recent Harvard graduate.

The platform has been revamped from the ground up in a process that took Practice Fusion designers, researchers and developers more than 250,000 hours.

Vitals allows patients to rate doctors, while Compass offers patients cash incentives if they opt to get medical care from lower-cost health care providers.

Patented monolithic fabric sensor can measure all aspects of physicality, including force, location, size, twist, bend, stretch and motion.

The company plans to use the funds to expand its employee engagement platform and launch new products that meet the "evolving needs of employers."

The most interesting of the pack, Fitbit Charge, will be available for $250, featuring a bright LCD screen and all sensors you would expect in a smart watch.

The market is opening up to new types of solutions followed by next-generation telecare systems such as remote visits and video communication.

The application can alert users in real-time when they enter Sick Zones, which are areas where illnesses are reported on social media.

myNEXUS' service acts as a link that connects many parts of the healthcare system including individuals, physicians, health providers and insurers.