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
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Archi...
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
"Cloud computing is certainly changing how people consume storage, how they use it, and what they use it for. It's also making people rethink how they architect their environment," stated Brad Winett, Senior Technologist for DDN Storage, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.