In the United States in 2014, chronic conditions accounted for 7 of the top 10 major deaths. Nearly 93% of all Medicare costs are on treatment for chronic health conditions like heart disease, stroke, cancer, type 2 diabetes, obesity, and arthritis. An estimated 195 million Americans live with a chronic disease but healthcare institutions have yet to find an effective solution for care.
That’s where Spry Health comes in. Founded in 2013 by Pierre-Jean “PJ” Cobut and Elad Ferber, the startup has created a wearable device, called “The Loop,” that updates doctors on their chronically ill patient’s health status. The logic behind the device is simple: if doctors can get updated continuously on their patient’s health data, they can prevent some emergencies. Spry Health recently won the MedTech Breakthrough award for Best Biometric Sensor Solution.
We interviewed Pierre-Jean Cobut last week to discuss wearables, the state of chronic health care provision currently, and what to expect from this relatively new company in the next year.Read More