|By PR Newswire||
|February 18, 2014 02:04 PM EST||
DURHAM, N.C., Feb. 18, 2014 /PRNewswire/ -- Validic, pioneer of the first truly inclusive mobile health marketplace, announced today the latest innovation to its data-leveraging platform. Validic has launched Validic Labs in an effort to further bridge the gap between mHealth data producers and healthcare companies. Validic Labs facilitates a simple connection between the app and device developers and the healthcare system in an effort to foster faster, more productive healthcare innovation on both sides.
As the mHealth app and device market continues to rapidly expand, there is an imperative need for health companies to have unfiltered access to the data provided by startups and early-stage companies, as well as well-established corporations. App and device developers also need a platform which enables them to easily and efficiently push data to healthcare companies to better meet their consumer's needs. Validic Labs provides the platform for data producers and consumers to select the amount and type of data they want to distribute or access.
"With Validic Labs, we have initiated a comprehensive technical solution to speed up the progress of healthcare innovation. We are in the midst of a technological revolution, and there is now a plethora of data available from individual patients using wellness devices and healthcare apps," said Ryan Beckland, co-founder and CEO of Validic. "Validic aims to be a true marketplace of health apps and devices allowing healthcare companies and organizations to have access to all of the diverse data options the market offers."
Currently, health organizations are wary to connect with new apps and devices given the high costs associated with testing, connecting and updating. As a result, it is difficult for less pervasive technologies, such as prescription compliance, to gain accelerated adoption within healthcare. Validic Labs was developed to remedy both issues. Health companies will be relieved of the time-consuming and expensive evaluation and integration process, while new technologies are able to gain visibility within a marketplace of tens of millions of users actively looking for health applications.
"Validic Labs will transform the landscape of digital health for Healthcare IT and app and device developers. Currently, companies providing digital health and fitness data must undergo a costly and time consuming approval process before payers, providers, hospitals and pharmaceuticals would consider adoption. Validic Labs all but eliminates the barriers of entry," said Drew Schiller, co-founder and CTO of Validic. "Labs offers developers, as well as healthcare companies, the unfiltered access to push or pull this unique information from the Validic marketplace, giving them the ability to test new data sources for viability, usefulnesses and other unexplored benefits."
By allowing health companies the ability to leverage data from both the well-known apps and devices as well as the newest innovations, Validic Labs empowers Healthcare IT to more accurately track patient habits, vitals and progress in a way that could transform the healthcare ecosystem. As healthcare organizations leverage this data to deliver better, faster, more-precise diagnosis and treatment of patients, it can help fuel the projected $450 billion reduction in healthcare spending. To learn more about Validic Labs, please visit www.validic.com/labs/.
Validic is the mobile health industry's premier technology platform for accessing data from mobile health devices, wearable, in-home devices and patient healthcare apps. By helping its growing base of customers that includes payers, providers, pharmaceutical companies, wellness companies and health systems, Validic enables them to better coordinate care across their communities, handle the shift to value-based care, and more efficiently manage their patient populations. Validic's innovative, scalable, and reliable technology delivers actionable, standardized, FDA Class I MDDS, HIPAA-compliant consumer health data from best in-class mobile health devices and applications. Validic's leading mobile health ecosystem reaches over 30 million lives and continues to grow daily. To learn more about Validic, please visit www.validic.com.
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