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With latest FDA 510(k), physIQ achieves another clearance as a pioneer in AI analytics

Press releases may be edited for formatting or style | September 12, 2018 Artificial Intelligence
September 11, 2018 CHICAGO--(BUSINESS WIRE)--PhysIQ, a leader in applying AI analytics to biosensor data, today announced it has received FDA 510(k) clearance for its Atrial Fibrillation (AFib) detection analytics engine. The clearance extends physIQ’s portfolio of FDA 510(k) cleared analytics designed to generate clinical insight from wearable biosensors and further establishes physIQ as a global leader in developing, validating, and commercializing AI-based physiology analytics. The newly cleared analytic is available within the pinpointIQ® solution for patient care delivery as well as the company’s accelerateIQ® platform for clinical trials.

“Once a patient leaves the hospital, a clinician’s ability to track his/her progress traditionally has been limited, which is why we historically have seen high readmission rates,” said Dr. Steven Steinhubl of the Scripps Translational Science Institute. “This FDA clearance is another example of how physIQ’s AI expertise is ushering in an era where advanced personalized physiology analytics applied to continuous biosensor data can give clinicians the insight they need to drive down rehospitalizations and accelerate our pace towards personalized precision medicine.”

Atrial fibrillation is a serious medical condition that affects 3-6 million Americans and is responsible for 750,000 hospitalizations and 130,000 deaths each year. However, beyond its clinical significance as a stand-alone condition, AFib is a significant contributor to complications of heart failure, where data indicates that 20% to 35% of heart failure hospital admissions are associated with AFib at presentation.(1) The recently cleared AFib analytic will be available within physIQ’s pinpointIQ monitoring solution, which combines clinical-grade wearable biosensors, mobile cloud computing, and FDA-cleared analytics to provide clinicians with continuous insight for at-risk patients. PinpointIQ is currently being used by leading payers and providers to better care for patients recently discharged from the hospital, recovering at a skilled nursing facility, or enrolled in a home health program.

“Since day one our mission has been to enable a world where real time patient data continuously streams to the cloud and Artificial Intelligence performs the hard work of detecting when health problems are arising among monitored patients,” said Gary Conkright, chairman and CEO of physIQ. “With this approach, clinicians can identify who within their monitored population may require additional care to avoid poor health outcomes. This clearance of our AFib detection algorithm, when paired with our groundbreaking and previously cleared personalized physiology analytics, is a huge step towards realizing that goal.”

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