Insertable Cardiac Monitors
Oracle Health is a med-tech company developing a minimally-invasive insertable cardiac monitor.
This device monitors heart-failure patients by analyzing trending changes in heart sounds and heart rhythms. No other device analyzes both.
The information it collects is then sent to an accompanying data portal that physicians can access to assess their patients’ health. For example, doctors can view this data to determine whether a patient is at serious risk for heart failure.
Oracle Health built the first prototype of its cardiac monitor in June 2019. In November 2019, the company was accepted into the JLABS incubator, part of Johnson & Johnson’s Innovation Division.
Between 2012 and October 2018, more than 430 startups went through the JLABS incubator. 88% are still in business today.
Furthermore, 14 of these companies have gone public since graduating from the program, and eight companies have been acquired.