STOCK TITAN

KORE Announces Launch of Connected Health Telemetry Solution that Simplifies Remote Data Capture for Healthcare and Life Sciences Applications

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

KORE (NYSE: KORE) introduced a new Connected Health Telemetry Solution (CHTS) that enhances remote patient monitoring by integrating data telemetry into healthcare services. This solution addresses the challenges faced by connected health providers in managing complex data while enabling them to focus on improving patient care outcomes. CHTS offers benefits like secure data routing, device management, and compliance with regulations. Developed in response to increased demand during the pandemic, CHTS aims to accelerate large-scale remote patient monitoring initiatives.

Positive
  • Launch of Connected Health Telemetry Solution (CHTS) enables improved remote patient monitoring.
  • CHTS integrates data telemetry to allow healthcare providers to focus on patient care.
  • Addresses industry challenges by providing secure data routing and device management.
  • Developed in response to heightened demand during the pandemic, facilitating market growth potential.
Negative
  • None.

ATLANTA, Oct. 26, 2021 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS), unveiled today a new Connected Health solution that enables customers to quickly incorporate the data telemetry component into their overall Connected Health offering, allowing their resources to focus on their primary business objective and value proposition.

"Orchestrating the data telemetry from clinical trial participants, medical devices, sensors, etc. is challenging."

"Orchestrating the data telemetry from patients, clinical trial participants, medical devices, and sensors is challenging," said KORE's EVP of Connected Health, Bryan Lubel.  "Most connected health providers are forced to develop their own telemetry solution, when in fact, their real expertise is developing the analytics, workflow, care delivery optimization and use of the data to improve patient care and outcomes. We believe this solution will accelerate the time-to-market and adoption of large-scale remote patient monitoring initiatives."  

KORE Connected Health Telemetry Solution™ (CHTS) is the next evolutionary step for remote data capture and was developed in response to heightened demand for remote patient care and monitoring. Over the last 24 months, the pandemic has emphasized the need for cost effective and efficient connected health monitoring.  Remote patient monitoring service providers, provider networks, Clinical Research Organizations (CROs) and medical device OEMs have been seeking ways to accelerate and scale their remote monitoring initiatives.

CHTS provides integrated device management, secure BLE pairing of medical sensors with a cellular gateway, and secure data routing to a compliant temporary data repository that easily integrates connected health data into customer applications. Now, companies can get help with hardware selection and validation, access to a robust suite of supported medical devices and sensors, BLE pairing and device management at scale, network security that addresses cybersecurity issues and data telemetry as well as all regulatory and compliance controls.

In creating CHTS, KORE consulted with several healthcare and life sciences customers to address the common challenges and needs facing the industry. KORE's customer Actigraph, the clinical research community's most experienced provider of medical-grade biometric monitoring technology, is currently in pilot with CHTS.

"The data telemetry component in healthcare and life sciences is complex, highly regulated, and difficult to scale. In addition, the current economics can be a barrier to market growth," said Jeremy Wyatt, CEO of Actigraph. "KORE's CHTS will improve our ability to focus on helping our customers make better informed clinical decisions and alleviate the burden of managing the complex data telemetry challenge."   

KORE will be showcasing a full demo of the Connected Health Telemetry Solution in booth #1531 at Mobile World Congress – Los Angeles from October 26-28, 2021. Additionally, KORE will be hosting an informative Xtalks webinar on November 19, 2021 titled "Overcoming the Challenges of Implementing Connected Health Telemetry Initiatives".

About KORE

KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit www.korewireless.com.

KORE Contact:

Landon Garner
KORE
Chief Marketing Officer
Email: lgarner@korewireless.com  

Investors:
investors@korewireless.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kore-announces-launch-of-connected-health-telemetry-solution-that-simplifies-remote-data-capture-for-healthcare-and-life-sciences-applications-301408207.html

SOURCE KORE Wireless

FAQ

What is KORE's new Connected Health Telemetry Solution?

KORE's Connected Health Telemetry Solution (CHTS) enhances remote patient monitoring by integrating data telemetry into healthcare services.

How does KORE's CHTS solve data telemetry challenges?

CHTS simplifies complex data management, allowing healthcare providers to focus on improving patient care rather than developing telemetry solutions.

When was KORE's Connected Health Telemetry Solution launched?

KORE announced the launch of the Connected Health Telemetry Solution on October 26, 2021.

How does CHTS impact remote patient monitoring initiatives?

CHTS is designed to accelerate the time-to-market and adoption of large-scale remote patient monitoring initiatives.

Where can I see a demo of KORE's Connected Health Telemetry Solution?

KORE will showcase a full demo of CHTS at Mobile World Congress – Los Angeles from October 26-28, 2021.

KORE Group Holdings, Inc.

NYSE:KORE

KORE Rankings

KORE Latest News

KORE Stock Data

20.84M
6.92M
28.73%
67.16%
0.21%
Telecom Services
Communications Services, Nec
Link
United States of America
ATLANTA