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Somatix

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uuid0002lwj

Namestring
Somatix
Legal namestring
Somatix, Inc.
Websiteurl
somatix.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Somatix is a medical technology company founded in 2015 that develops AI-powered remote patient monitoring (RPM) software built around proprietary gesture-detection algorithms. Its core product, the SafeBeing platform, processes accelerometer and gyroscope data from wearable smartbands to passively identify hand-to-mouth movements and activities of daily living (ADLs) including walking, sleeping, falling, drinking, medication intake, and smoking, generating predictive alerts for fall risk, UTI risk, pressure injury risk, and hospital readmission risk. The company's second product line, SmokeBeat, applies the same gesture-detection approach to smoking cessation monitoring. The technical stack runs proprietary ML models on AWS cloud infrastructure and integrates with the PointClickCare EHR platform in the senior-care market.

Somatix serves multiple customer segments: skilled nursing and long-term care facilities, senior living communities, hospitals and health systems, substance abuse rehabilitation programs, clinical research organizations, and families/individual caregivers. The company monetizes through a hybrid model combining direct enterprise SaaS contracts (with facilities paying for monitoring services enabled by remote patient monitoring CPT codes), a consumer channel (Dorvie.com e-commerce selling the SafeBeing smartband for $125 plus a $37/month monitoring subscription), and channel partnerships including Premier Wireless and the PointClickCare Marketplace. The company maintains operations in New York (headquarters) and Raanana, Israel (R&D).

Somatix operated as an independent private company from 2015 through 2026, raising approximately $7.5 million in venture funding ($1.5M seed in 2016, $6M Series A in 2017 led by Digitalis Ventures), before being acquired by Vitalist Inc. in April 2026 for approximately CA$12.31 million. The acquisition was structured as a share-based deal in which Somatix stockholders received roughly 20% of Vitalist on a fully diluted basis, with Vitalist positioning the deal as an extension of its VitalOS operating system from retail and enterprise wearables into clinical healthcare environments.

Short descriptiontext

Somatix is a New York-based medical technology company that sells the SafeBeing AI-powered remote patient monitoring platform, using wearable gesture-detection algorithms to passively monitor seniors' medication intake, hydration, activity, and fall risk for senior living facilities, hospitals, and families.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
remote patient monitoring, gesture detection technology, wearable health monitoring, elderly care monitoring, predictive health analytics
Industry5 codes
1Elderly/Frail & Assisted Living Connected Care (PERS/Fall Detection)
CodeHLACAFAEPrimaryYes
2Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration)
CodeHLACAPAIPrimaryNo
3Wearables & Consumer IoT Integration Platforms (BYOD)
CodeHLACAFAFPrimaryNo
4Behavioral Health & Substance Use Remote Monitoring
CodeHLACAFADPrimaryNo
5Safety Check-Ins, Wellness Calls & Monitoring (Non-Clinical)
CodeHSABAAAGPrimaryNo
NAICS code3 codes
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing3345
  • Services for the Elderly and Persons with Disabilities624120
  • Outpatient Mental Health and Substance Abuse Centers621420
SIC code3 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Services-Skilled Nursing Care Facilities8051
  • Services-Nursing & Personal Care Facilities8050
Product category
Remote Patient Monitoring
Social media profiles3 records
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model3 records
1Hardware Sales (Smartband)
TypeHardware Sales
Description

One-time purchase of SafeBeing smartband device for passive health monitoring. Device features 2-day battery life, memory storage, emergency button, water resistant design.

somatix.com
2Subscription Monitoring
TypeSubscription Recurring
Description

Monthly subscription for AI-powered monitoring services including predictive alerts, caregiver app access, family notifications, and real-time health insights.

somatix.com
3Enterprise B2B Contracts
TypeSubscription Recurring
Description

Platform licensing and monitoring service contracts with healthcare providers including hospitals, senior living communities, skilled nursing facilities, and rehab centers. Revenue derived from CPT code billing opportunities for remote patient monitoring.

somatix.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Pricing details2 tiers
1SafeBeing Smartband
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

$125 one-time purchase for hardware device. Includes comfortable, passive health monitoring with lightweight, waterproof design, 2-day battery life, built-in memory, and emergency button.

somatix.com
2Monthly Monitoring
ModelSubscriptionBilling cadenceMonthly
Notes

$37/month for AI-powered predictive alerts, caretaker app access, family notifications, and continuous health monitoring through smartband and mobile apps.

somatix.com
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Brand1 of 3 records shown
1SafeBeing
Description

AI-Powered Remote Patient Monitoring platform that monitors hydration levels, sleep and activity data to provide insights into fall and ulcer risk, medication intake, and smoking habits.

somatix.com
+2 more records
Core offering1 text field

Somatix develops and sells the SafeBeing platform, an AI-powered remote patient monitoring system that uses patented wearable-enabled gesture detection algorithms to passively monitor activities of daily living such as medication intake, smoking, hydration, sleep, walking, and falls. The platform combines wearable smartbands, mobile applications for providers, caregivers, and patients, and predictive analytics for fall risk, UTI risk, pressure injury risk, and readmission risk. A separate product, SmokeBeat, applies the same gesture detection technology to smoking cessation monitoring.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Detects over 75% of missed medication doses
+2 more records
Product overview1 text field

Somatix is an AI-powered healthcare technology company offering two core product lines: SafeBeing™ for remote patient monitoring and SmokeBeat™ for smoking cessation. SafeBeing™ is a comprehensive platform combining wearable smartbands, provider/caretaker/patient mobile apps, and a cloud-based dashboard to passively monitor ADLs and detect health risks. The system uses proprietary gesture detection algorithms to track medication intake, hydration, activity, sleep, and smoking, generating predictive alerts for UTIs, pressure injuries, and readmission risk. SmokeBeat™ provides smoking cessation monitoring through gesture detection. The company serves senior living, hospitals, skilled nursing facilities, substance abuse rehab, clinical research, and families/caregivers.

Product and service3 records
1SafeBeing Platform
CategoryRemote Patient Monitoring Platform
Description

AI-powered remote patient monitoring platform that uses wearable-enabled gesture detection to monitor ADLs including walking, sleeping, falling, drinking, medication intake, smoking, activity levels, wandering, heart rate, and SpO2, with predictive analytics for fall risk, UTI risk, pressure injury risk, and hospital readmission risk. Targets healthcare providers and families of elderly or at-risk individuals.

2SmokeBeat
CategoryDigital Health / Smoking Cessation Monitoring
Description

Smoking cessation monitoring solution that uses wearable-enabled gesture detection to identify hand-to-mouth smoking gestures and track smoking episodes, enabling real-time incentive-based intervention for improved adherence with prescribed cessation therapies. Targeted at health plans, employers, and substance abuse programs.

3SafeBeing Smartband
CategoryWearable Healthcare Hardware
Description

Wearable smartband hardware device with 2-day battery life, waterproof design, emergency button, built-in memory storage, and interactive LEDs/vibrations. Collects accelerometer and gyroscope data for passive gesture detection and feeds the SafeBeing platform's AI algorithms. Sold to individual consumers and healthcare providers as the on-body sensor component of the SafeBeing monitoring solution.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-03-14
Description

Partnership to bring novel gesture-based Remote Patient Monitoring technology to healthcare organizations and programs through Premier Wireless distribution network.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-07-11
Description

Collaboration through Building Tomorrow Together - Innovation in Dementia Program to deploy medication compliance and hydration monitoring capabilities in Portuguese hospitals and clinics. Somatix provided its SafeBeing AI-enabled remote patient monitoring solution for care of dementia patients.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-07-15
Description

Collaborative innovation partner in the Building Tomorrow Together initiative with Roche Pharmaceuticals, running dementia care programs in Portugal.

Strategic tierMajorTypeTechnology or IntegrationAnnounced on2020-04-01
Description

Technology partnership with leading cloud-based EHR vendor for senior care market. SafeBeing fully integrated with PointClickCare's core EHR platform and listed on PointClickCare Marketplace.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Portuguese healthcare provider participating in Building Tomorrow Together dementia program with Roche and Somatix for medication compliance monitoring.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Somatix

Remote Patient Monitoringsomatix.com

Somatix is a New York-based medical technology company that sells the SafeBeing AI-powered remote patient monitoring platform, using wearable gesture-detection algorithms to passively monitor seniors' medication intake, hydration, activity, and fall risk for senior living facilities, hospitals, and families.

What Somatix does

Somatix is a medical technology company founded in 2015 that develops AI-powered remote patient monitoring (RPM) software built around proprietary gesture-detection algorithms. Its core product, the SafeBeing platform, processes accelerometer and gyroscope data from wearable smartbands to passively identify hand-to-mouth movements and activities of daily living (ADLs) including walking, sleeping, falling, drinking, medication intake, and smoking, generating predictive alerts for fall risk, UTI risk, pressure injury risk, and hospital readmission risk. The company's second product line, SmokeBeat, applies the same gesture-detection approach to smoking cessation monitoring. The technical stack runs proprietary ML models on AWS cloud infrastructure and integrates with the PointClickCare EHR platform in the senior-care market.

Somatix serves multiple customer segments: skilled nursing and long-term care facilities, senior living communities, hospitals and health systems, substance abuse rehabilitation programs, clinical research organizations, and families/individual caregivers. The company monetizes through a hybrid model combining direct enterprise SaaS contracts (with facilities paying for monitoring services enabled by remote patient monitoring CPT codes), a consumer channel (Dorvie.com e-commerce selling the SafeBeing smartband for $125 plus a $37/month monitoring subscription), and channel partnerships including Premier Wireless and the PointClickCare Marketplace. The company maintains operations in New York (headquarters) and Raanana, Israel (R&D).

Somatix operated as an independent private company from 2015 through 2026, raising approximately $7.5 million in venture funding ($1.5M seed in 2016, $6M Series A in 2017 led by Digitalis Ventures), before being acquired by Vitalist Inc. in April 2026 for approximately CA$12.31 million. The acquisition was structured as a share-based deal in which Somatix stockholders received roughly 20% of Vitalist on a fully diluted basis, with Vitalist positioning the deal as an extension of its VitalOS operating system from retail and enterprise wearables into clinical healthcare environments.

Somatix firmographics

Firmographics
Name
Somatix
Legal name
Somatix, Inc.
Website
https://somatix.com
Company type
Private
Founded year
2015
Operating status
Acquired
Headcount range
11–50 employees
Short description
Somatix is a New York-based medical technology company that sells the SafeBeing AI-powered remote patient monitoring platform, using wearable gesture-detection algorithms to passively monitor seniors' medication intake, hydration, activity, and fall risk for senior living facilities, hospitals, and families.
Ownership category
akta.pro rank

Somatix industry classification

Industry
Product category
Remote Patient Monitoring
NAICS
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Services for the Elderly and Persons with Disabilities (624120), Outpatient Mental Health and Substance Abuse Centers (621420)
SIC
Surgical & Medical Instruments & Apparatus (3841), Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050)
akta.pro primary industry
Elderly/Frail & Assisted Living Connected Care (PERS/Fall Detection) (HLACAFAE)
akta.pro secondary industries
Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration) (HLACAPAI), Wearables & Consumer IoT Integration Platforms (BYOD) (HLACAFAF), Behavioral Health & Substance Use Remote Monitoring (HLACAFAD), Safety Check-Ins, Wellness Calls & Monitoring (Non-Clinical) (HSABAAAG)

Keywords

  • Remote patient monitoring
  • Gesture detection technology
  • Wearable health monitoring
  • Elderly care monitoring
  • Predictive health analytics

Where Somatix is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Somatix business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Hardware Sales (Smartband): One-time purchase of SafeBeing smartband device for passive health monitoring. Device features 2-day battery life, memory storage, emergency button, water resistant design.
  2. Subscription Monitoring: Monthly subscription for AI-powered monitoring services including predictive alerts, caregiver app access, family notifications, and real-time health insights.
  3. Enterprise B2B Contracts: Platform licensing and monitoring service contracts with healthcare providers including hospitals, senior living communities, skilled nursing facilities, and rehab centers. Revenue derived from CPT code billing opportunities for remote patient monitoring.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goSafeBeing Smartband
SubscriptionMonthlyMonthly Monitoring

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Somatix product offering

Product offering

Core offering

Somatix develops and sells the SafeBeing platform, an AI-powered remote patient monitoring system that uses patented wearable-enabled gesture detection algorithms to passively monitor activities of daily living such as medication intake, smoking, hydration, sleep, walking, and falls. The platform combines wearable smartbands, mobile applications for providers, caregivers, and patients, and predictive analytics for fall risk, UTI risk, pressure injury risk, and readmission risk. A separate product, SmokeBeat, applies the same gesture detection technology to smoking cessation monitoring.

Product overview

Somatix is an AI-powered healthcare technology company offering two core product lines: SafeBeing™ for remote patient monitoring and SmokeBeat™ for smoking cessation. SafeBeing™ is a comprehensive platform combining wearable smartbands, provider/caretaker/patient mobile apps, and a cloud-based dashboard to passively monitor ADLs and detect health risks. The system uses proprietary gesture detection algorithms to track medication intake, hydration, activity, sleep, and smoking, generating predictive alerts for UTIs, pressure injuries, and readmission risk. SmokeBeat™ provides smoking cessation monitoring through gesture detection. The company serves senior living, hospitals, skilled nursing facilities, substance abuse rehab, clinical research, and families/caregivers.

Differentiator

Problem solved

Functional benefit

Brands

  • SafeBeing: AI-Powered Remote Patient Monitoring platform that monitors hydration levels, sleep and activity data to provide insights into fall and ulcer risk, medication intake, and smoking habits.
  • SmokeBeat
  • SERF (Social, Emotional, Rational and Financial)

Products and services

  • SafeBeing Platform AI-powered remote patient monitoring platform that uses wearable-enabled gesture detection to monitor ADLs including walking, sleeping, falling, drinking, medication intake, smoking, activity levels, wandering, heart rate, and SpO2, with predictive analytics for fall risk, UTI risk, pressure injury risk, and hospital readmission risk. Targets healthcare providers and families of elderly or at-risk individuals.
  • SmokeBeat Smoking cessation monitoring solution that uses wearable-enabled gesture detection to identify hand-to-mouth smoking gestures and track smoking episodes, enabling real-time incentive-based intervention for improved adherence with prescribed cessation therapies. Targeted at health plans, employers, and substance abuse programs.
  • SafeBeing Smartband Wearable smartband hardware device with 2-day battery life, waterproof design, emergency button, built-in memory storage, and interactive LEDs/vibrations. Collects accelerometer and gyroscope data for passive gesture detection and feeds the SafeBeing platform's AI algorithms. Sold to individual consumers and healthcare providers as the on-body sensor component of the SafeBeing monitoring solution.

Quantifiable outcome

  • Detects over 75% of missed medication doses
  • +2 more outcomes

Companies that use Somatix

Customer profile

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Somatix technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature5 records

Somatix partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered major, core and minor.

  • Premier WirelessmajorChannel Partner/ Reseller/ Distributor · 14 March 2024Partnership to bring novel gesture-based Remote Patient Monitoring technology to healthcare organizations and programs through Premier Wireless distribution network.
  • Roche PharmaceuticalscoreStrategic or Co-development Partner · 11 July 2023Collaboration through Building Tomorrow Together - Innovation in Dementia Program to deploy medication compliance and hydration monitoring capabilities in Portuguese hospitals and clinics. Somatix provided its SafeBeing AI-enabled remote patient monitoring solution for care of dementia patients.
  • Beta-icoreStrategic or Co-development Partner · 15 July 2022Collaborative innovation partner in the Building Tomorrow Together initiative with Roche Pharmaceuticals, running dementia care programs in Portugal.
  • PointClickCaremajorTechnology or Integration · 1 April 2020Technology partnership with leading cloud-based EHR vendor for senior care market. SafeBeing fully integrated with PointClickCare's core EHR platform and listed on PointClickCare Marketplace.
  • MulticareminorStrategic or Co-development PartnerPortuguese healthcare provider participating in Building Tomorrow Together dementia program with Roche and Somatix for medication compliance monitoring.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Somatix competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

Somatix social profiles

Digital presence

Somatix financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Somatix leadership team

Management profile

Number of profiles

Profiles4 records

Somatix funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Somatix M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Somatix

What does Somatix do?

Somatix develops and sells the SafeBeing platform, an AI-powered remote patient monitoring system that uses patented wearable-enabled gesture detection algorithms to passively monitor activities of daily living such as medication intake, smoking, hydration, sleep, walking, and falls. The platform combines wearable smartbands, mobile applications for providers, caregivers, and patients, and predictive analytics for fall risk, UTI risk, pressure injury risk, and readmission risk. A separate product, SmokeBeat, applies the same gesture detection technology to smoking cessation monitoring.

Is Somatix a public or private company?

Somatix is a private company. It is classified as corporate owned and is currently acquired.

When was Somatix founded?

Somatix was founded in 2015. It employs 11 to 50 people.

Where is Somatix based?

Somatix is headquartered in New York, United States, in the North America region.

How does Somatix make money?

Three revenue lines are on record. Hardware Sales (Smartband) is the primary driver. The others are subscription Monitoring and enterprise B2B Contracts.

Does Somatix have an API?

No public API is recorded for Somatix.

What industry is Somatix in?

Somatix's product category is Remote Patient Monitoring. Its primary akta.pro industry code is HLACAFAE, Elderly/Frail & Assisted Living Connected Care (PERS/Fall Detection), with a secondary code of HLACAPAI, Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration). Its NAICS code is 3345 and its SIC code is 3841.

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Live signals
GlobeNewswireVitalist Inc. Announces Closing of Acquisition of Somatix and Appointment of Chief Science Officer and Chief Revenue OfficerVitalist completed its acquisition of Somatix, issuing 15.58 million common shares for CA$12.3 million in consideration. The deal gives former Somatix stockholders about 23.24% of Vitalist, and Vitalist will allocate at least US$1.5 million over 12 months to the medical platform. Dr. Charles Herman and Nick Padula were appointed as Chief Science Officer and Chief Revenue Officer.openPR.comAI in Remote Patient Monitoring Market Set for Explosive Growth to US$ 19.41 Billion by 2033, Led by North America's 54.0% Market ShareThe Global AI in Remote Patient Monitoring Market is projected to grow from US$ 2.47 billion in 2025 to US$ 19.41 billion by 2033, at a compound annual growth rate of 26.2%, driven by aging populations, chronic disease prevalence, and demand for telehealth solutions. Key industry developments include multiple company product launches and strategic moves, notably Vitalist Inc.'s agreement to acquire Somatix, Inc. to expand its wearable AI capabilities, alongside launches from Philips Healthcare, Medtronic, Abbott, Dexcom, and Japanese firms Omron Healthcare, Fujitsu, and Fujifilm. North America holds the largest regional market share at 54.0%, while Asia Pacific represents the fastest-growing region at 25.0%.EIN PresswireSomatix Readies Market Launch of First of its Kind Wearable Medication Compliance FeatureSomatix, Inc., a New York-based wearable technology company, is preparing to launch the first-ever AI-powered medication compliance feature that detects missed doses of medication through gesture detection algorithms, with commercial rollout planned for the end of this year. The feature, part of Somatix's SafeBeing platform, was developed in collaboration with Roche Pharmaceuticals and Beta-i Collaborative Innovation, initially trained with a health system in Portugal and further refined with data from medical practices in Ohio and Pennsylvania. The system sends pill reminders to users and alerts designated contacts—including family members and healthcare providers—when a missed dose is suspected, with anticipated accuracy exceeding 75% in detecting missed doses.PR NewswireSomatix Appoints Technology Veteran Dr. Amit Sawant as Its First Chief Business Development OfficerSomatix, a provider of wearable-assisted remote patient monitoring technology, appointed Dr. Amit Sawant as its first Chief Business Development Officer to accelerate growth and sales in the RPM market. Dr. Sawant brings experience from senior roles at Dell Technologies, Riverbed Technology, NetApp, and TCS. The company stated that his track record of launching billion-dollar revenue products will be critical for Somatix's next phase of growth.PR NewswireDigital Health Market: Focus on Digital Therapeutics (2nd Edition), 2020-2030 Based on Type of Solution, Type of Therapy and Purpose of SolutionReportlinker released a comprehensive market research report on the digital therapeutics industry, covering the period 2020-2030, analyzing over 230 digital therapeutic solutions across various therapeutic areas including diabetes, mental health disorders, and chronic conditions. The report includes market forecasts, competitive analysis, investment trends, partnership activity, and features interviews with executives from seven digital health companies including Vida Health, Canary Health, Floreo, Somatix, Tilak Healthcare, Wellthy Therapeutics, and Voluntis. The report examines the impact of COVID-19 on accelerating digital health adoption and provides geographic breakdowns spanning North America, Europe, and Asia-Pacific.GlobeNewswireSomatix Announces Integration with PointClickCareSomatix announced a technology partnership with PointClickCare, integrating its SafeBeing remote patient monitoring platform into PointClickCare's EHR. The integration allows passive data collection via a wearable band to be automatically entered into the EHR, and SafeBeing is listed on the PointClickCare Marketplace.PR NewswireDr. Americus Reed II joins Somatix Advisory BoardSomatix announced the appointment of Dr. Americus Reed II, a marketing professor at the Wharton School, University of Pennsylvania, to its Advisory Board. Dr. Reed, whose research focuses on brand equity and identity loyalty, will provide guidance as Somatix works to commercialize its Remote Patient Monitoring platform SafeBeing in the US market. The CEO stated that Dr. Reed's expertise in marketing, brand identity and consumer research will be valuable in accelerating Somatix's growth.PR NewswireCatholic Senior Housing and Health Care Services, Inc. (CSHHCS) and Somatix Inc., Launch a Program to Trial SafeBeing™ A novel gesture detection RPM Solution for SeniorsCatholic Senior Housing and Health Care Services (CSHHCS) and Somatix Inc. launched a pilot program to test the SafeBeing™ remote patient monitoring solution on CSHHCS's campus in Bethlehem, Pennsylvania. The initiative, funded by the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, aims to validate the system's gesture detection technology for tracking seniors' daily activities and safety.PR NewswireInvestor Group Takes Initial Stake In Somatix, Inc.An investor group has taken an initial stake in Somatix, Inc., a software developer of gesture detection-powered remote patient monitoring solutions, and appointed Dr. Christopher Geczy to the company's board of directors effective April 1, 2019. Dr. Geczy, who represents the investor group, brings over 20 years of private fund experience and currently serves on the Finance Department faculty at the Wharton School of the University of Pennsylvania. The company states it is gaining momentum in the digital health market where it offers a platform leveraging wearables and machine learning for clinical insights.PR NewswireCatholic Senior Housing and Health Care Services, Inc. (CSHHCS) and Somatix Announce Strategic Relationship to Implement an Innovative Elderly RPM SolutionCatholic Senior Housing and Health Care Services (CSHHCS) and Somatix announced a strategic partnership to implement the SafeBeing™ remote patient monitoring solution across CSHHCS' facilities in Pennsylvania. The collaboration involves field testing and clinically validating this gesture-detection platform on smartwatches to monitor elderly residents for at-risk events such as falls or inactivity.