A digital health company that developed an API to free data from mobile health apps, wearables and monitoring devices received an award recognizing its accomplishments from Frost & Sullivan. It presented Validic with its best practices award for customer value leadership.
Frost & Sullivan Research Analyst Shruthi Parakkal praised the company especially for its potential impact on healthcare and its focus on customers in a statement. “Its mHealth interoperability platform is a unique technological solution with a quick deployment time of a few hours, and is 90 percent cheaper than a healthcare company trying to build a comparable mHealth solution internally. Validic is a great value to healthcare companies looking to accelerate their digital health business strategies.”
Various companies have undertaken the challenge to de-silo patient data from apps and devices to make the information useful to providers and other groups monitoring patient data, such as pharmaceutical companies in clinical trials. Validic is one of the few that have found an efficient way to do it.
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Validic has been in expansion mode this year. It has grown collaborations with companies using its platform by 25 percent. It also made its first acquisition this month — Infometers. The deal gives the Research Triangle Company a foothold in the Silicon Valley. It also gives it access to partners in the blood-glucose monitoring space with the likes of Johnson & Johnson. Hospitals use Validic’s platform to help keep an eye on patients with chronic conditions and note significant changes in their data.
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