Called iC LovedOnes, the product consists of a control unit and a tablet stand, with users being able to separately buy the tablet they want.
The VITA health services enables remote patient monitoring of a variety of conditions such as CHF, diabetes, COPD, hypertension and other chronic illnesses.
The money will be used to support large scale studies for CarePredict's wearable device in senior living and home care settings.
The University of Pennsylvania's study will examine whether social incentives can improve adherence to home blood pressure monitoring in patients with hypertension.
The necklace-like device is made for at-home patients with chronic illnesses, such as congestive heart failure (CHF), COPD, hypertension, and renal failure.
Select residents of Kingsley Manor in Los Angeles and Claremont Manor in Claremont, CA will use Care Innovations' RPM platform to collaborate for better care.
Around 17 million (81%) of these individuals lived in the U.S., while the remaining 4 million (19%) lived in other countries, according to BCC Research.
The hospital didn't share which monitoring devices it's using but said these are FDA-approved hospital products, not consumer devices, and are worn on the arm.
Sentrian's RPI is not subject to further FDA regulatory requirements at this time, and the company can immediately begin marketing its solution in the U.S.
It is the first FDA-cleared product to receive the code PLB: Automated calculation of a summary index based on several individual measured vital sign inputs.