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Press Release -- August 8th, 2013
Source: Verizon
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Verizon Gains FDA Clearance for Remote Health Monitoring Solution

Medical Device to Help Clinicians More Effectively Manage Patients’ Health From Their Home or When They are On the Go

08-AUG-2013
by Janet Brumfield

BASKING RIDGE, N.J. – Verizon announced today that it has received U.S. Food and Drug Administration 510(k) clearance for Converged Health Management, a cloud-based remote patient monitoring medical device. This marks the first time Verizon has sought and gained FDA clearance for a healthcare solution.

Verizon’s new solution, which resides in the company’s HIPAA-ready cloud, provides clinicians with access to up-to-date patient data from connected biometric devices so they can more efficiently monitor and manage patients from their home, or when they are on the go.
Health management remains an untapped area with the potential for enabling clinicians to help patients help themselves through improved awareness of their condition. In addition, access to up-to-date patient health data enables clinicians to deliver more personalized care to patients.

“Verizon is committed to improving the dynamics of the U.S. healthcare system,” said Dr. Peter Tippett, chief medical officer and vice president, Verizon Innovation Incubator. “By leveraging our mobile health expertise, HIPAA-ready cloud, 4G LTE wireless network and leading security solutions, Verizon is uniquely positioned to drive innovation in healthcare. Converged Health Management will accelerate focus on care management through mobile technologies as patients increasingly take more responsibility for their health.

“Verizon continues to invest in transformational technologies that address some of the nation’s biggest challenges in healthcare,” stated Tippett.

Verizon’s Converged Health Management solution will be commercially available in late 2013.

Verizon’s healthcare practice offers a comprehensive portfolio of managed, IT and consulting services and mobile health solutions. Our vision is to create a healthier world in which individuals and healthcare organizations are empowered with innovative digital technologies that improve health outcomes, lower the cost of healthcare and transform access to care. Verizon is focused on improving healthcare delivery through increased patient engagement, enhanced patient-provider communication and better coordinated care delivery.

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Verizon Communications Inc. (NYSE, NASDAQ: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with more than 100 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. . A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 180,900. For more information, visitabout.verizon.com.

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