Click here to close now.



Welcome!

News Feed Item

Introducing First-of-a-Kind PhysIQ Predictive Analytic Technology for Proactive Health Monitoring

PhysIQ has announced the company launch based on its proprietary predictive analytic technology for human physiology. PhysIQ is the first patient-centered predictive analytics platform for both the regulated Healthcare and unregulated Health & Fitness markets. This novel platform is designed to reliably detect subtle changes in vital signs and other health indicators helpful to both clinicians in managing patients who are suffering from chronic illness, as well as consumers interested in tracking their own health and fitness levels. The PhysIQ platform constructs a personalized baseline norm for each person monitored, rather than simple trending or comparison to population-based statistics. It can also be embedded into patient monitoring devices from other manufacturers who are seeking to design “smarter” products.

“Many technology companies today are delivering health information through medical or consumer devices. However, they are all missing an essential step, which is giving the person monitored real-time health updates based on their own health background. The PhysIQ platform is different from all other analytical approaches currently being used in the emerging Digital Health space because it compares you to you, and not you to what might be normal for the broader population,” explains Gary Conkright, CEO, PhysIQ. “Our transformational predictive analytic technology is designed to bring new insights to physiology vital-sign monitoring for applications ranging from helping doctors to better understand their patients with chronic medical conditions to empowering the informed consumer to take greater control of their health.”

Proven through millions of hours in highly complex industrial applications

Formerly known as VGBio, PhysIQ founders previously worked to commercialize predictive analytic solutions originally developed at the Argonne National Laboratory to monitor complex, mission-critical machine applications, including commercial jet engines, oil and gas, and nuclear reactors. Predictive analytics has proven to be highly effective at reducing unplanned outages and minimizing operating and maintenance costs in these and other mission-critical applications. Boasting an extensive patent portfolio, the PhysIQ team now brings the same personalized analytics technology and commercialization expertise to monitor physiological changes in the human body.

“Today’s healthcare system is optimized for an acute, reactive care delivery model. Expensive and often scarce resources are mobilized to stabilize and attend to patient needs, and all too often these patients soon return to the hospital for another acute admission. This traditional model is inefficient and unsustainable. Innovations in remote monitoring devices, combined with data analytics technology from PhysIQ, will make it possible to provide higher quality, proactive care at a lower cost to the system,” states PhysIQ clinical advisor Dr. Steven Steinhubl, Scripps Translational Research Institute.

Enabling connective health across multiple platforms

The patented PhysIQ advanced personalized health data analytics platform is a device-agnostic platform designed to work with any wearable Digital Health device or other sensor-based physiology monitoring equipment. Recent announcements by major market leaders like Samsung, Apple and Google on plans to create new and less obtrusive, wearable devices make remote monitoring more practical than ever before. For example, it was recently showcased at the Samsung “Voice of the Body” announcement of SAMI (Samsung Architecture Multimodal Interactions), the company’s cloud-based data broker platform, demonstrating how the PhysIQ platform uses multiple streams of biometric data to create a numerical Wellness Index.

Today’s wireless networks, non-invasive sensors and ultra-low power consumption chips are now being combined to enable the continuous collection of physiological data from ambulatory patients and health conscious consumers alike. However, this will create a tsunami of data that can quickly overwhelm users and prove to be difficult to interpret.

The power of the PhysIQ platform is that it analyzes numerous data streams originating from any sensor or wearable device to gather key data about a patient’s physiology, including heart rate, blood pressure, oxygenation of the blood, respiration rate and many other biological signals. It then readily converts this physiological data into meaningful information that can be used by clinicians or consumers to make informed decisions and change behavior.

Turning human data into intelligent, actionable insights

“The challenge of remote monitoring is to identify subtle precursors against a backdrop of normal variation. PhysIQ provides exceptional insight by processing and synthesizing multiple data streams in real-time to create an individualized patient profile,” explains Dr. Martin Burke, University of Chicago Medical Center. “A holistic baseline profile makes it possible to pinpoint discreet changes that might otherwise go undetected, yet represent significant clinical departures from the patient’s normal baseline. This provides an invaluable diagnostic tool to help physicians improve patient quality of life and reduce the cost of care.”

Dr. Burke is overseeing clinical studies involving the PhysIQ platform. PhysIQ has conducted two clinical studies on heart failure patients at the University of Chicago Medical Center, and is preparing for a third study, while in the process of adding several new study sites. The PhysIQ platform is also the brains behind the company’s VitaLink remote patient monitoring product that recently completed a paid pilot study with the United States Department of Veteran Affairs. VitaLink uses an Android smartphone app to transmit vital signs in real-time to PhysIQ’s data center, where data is analyzed and made available for clinical use.

The company plans to submit a 510(k) to the FDA later this year. PhysIQ also recently closed on a $4.6 million Series A funding round led by the LionBird investment firm. The funds will be used to accelerate PhysIQ corporate growth via additional clinical studies and regulatory filings.

About PhysIQ

Based in Naperville, IL, PhysIQ is a company dedicated to making a difference in people’s lives through its proprietary personalized predictive analytics technology. PhysIQ is a proven, first-of-its-kind data analytics platform designed to process multiple data streams to create a personalized normal baseline for each individual, then monitor and detect clinically significant departures from the norm to enable timely corrective action in the regulated healthcare and unregulated health and fitness markets.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
With microservices, SOA and distributed architectures becoming more popular, it is becoming increasingly harder to keep track of where time is spent in a distributed application when trying to diagnose performance problems. Distributed tracing systems attempt to address this problem by following application requests across service boundaries, persisting metadata along the way that provide context for fine-grained performance monitoring.
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The maker of automated server migration software reports sales bookings increased 460 percent year-over-year and last week IDC forecast spending on public cloud services will grow to more than $141 billion in 2019. Seems (at last) we are at the tipping point where enterprises are adopting cloud in a big way opening opportunities for those who can help with the transition.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...