Owlytics Healthcare Launches Enterprise Health Analytics Solution for Multiple Sclerosis Research Studies
Owlytics Healthcare, one of the fastest-growing Israeli medtech startups, is spearheading a paradigm shift in how preventive solutions are administered to patients in real-time. The platform has developed a continuously evolving AI-based monitoring solution that collects, analyzes, and reports personal health data with the predictive power of data analytics, thereby improving the quality of care and safety for residents and patients while decreasing care costs.
Following the successful introduction of the validated analytics solution for a research study focused on Parkinson’s disease, Owlytics Healthcare, together with its research partner Tel-Aviv Medical Center (‘Ichilov’), has now announced the 1st validation stage of multiple sclerosis (MS) metrics. By combining cellular-based wearable technologies with artificial intelligence, Owlytics delivers remote monitoring continuously alongside analytics solutions to measure drugs efficacy during clinical studies.
Revolutionizing The Healthcare Industry
Owlytics Healthcare specializes in wearable-based analytics technology for the medical sector. By leveraging artificial intelligence (AI) and data analytics, Owlytics provides real-time monitoring for independent and assisted living facilities, nursing homes, and other healthcare services. Through wristband-based signal analytics, the company collects personal health data so that machine-learning algorithms can assess personal fall risk and auto-detect fall events and abnormal physiological patterns for preventative care.
The recently launched cloud-based monitoring and analytics service for multiple sclerosis that monitors, analyzes, and seamlessly shares each patient’s progression status with the research and clinical teams via Web APIs. In addition, the patient’s symptom self-reporting adds response-time metrics, helping establish personal cognitive metric analytic trends over time.
Per Gill Zaphrir, CEO & co-founder of Owlytics Healthcare, “The Owlytics validated enterprise analytics solution will support key pharma and providers’ research efforts by using passive physiology, activity, gait and fall remote monitoring as well as self-tagged patient symptoms such as pain, spasticity, activity, and stress. One of the solution differentiators is the off-the-shelf cellular and elegant smartwatch containing advanced vital sensors.”
Harnessing AI And Data Analytics For Preventive Care
Owlytics Healthcare focuses on preventive care by merging personalized healthcare management with AI and data analytics. Via its proprietary wearable wristband for seniors that collect personal health data and uses machine-learning algorithms to detect abnormal physiological patterns, the company enables caregivers and individuals to predict suspected health events.
As healthcare costs continue to climb feverishly, Owlytics leverages modern-day technology to deliver actionable outcomes by monitoring and protecting patients anywhere, without any infrastructure, thus reducing care costs. Currently working with a consortium of senior living facilities and elderly home care clients across the US and Israel, Owlytics’ primary solutions include fall prevention, fall detection, wellness status monitoring, personal emergency response, ADL tracking, and remote patient monitoring.
Since its inception, Owlytics Healthcare has been successful in gaining mainstream attention. The platform recently won an Israeli Health Ministry RFP and an innovation grant from the Israeli Innovation Authority to prevent and detect falls. Following the success of the monitoring technology for Parkinson’s disease, the Israeli Innovation Authority awarded another grant worth $1.3 million to Owlytics Healthcare to develop a continuous remote monitoring and analytics solution to improve multiple sclerosis treatments.