Global medical device company Penumbra is partnering with the Veterans Health Administration Office of Healthcare Innovation and Learning to test, co-create and implement virtual reality-based rehabilitative healthcare solutions for veterans.
During the three-year collaboration the partners will focus on creating therapy software and programs for veterans, including immersive experiences that can...
California-based virtual reality therapeutic company AppliedVR received a unique Healthcare Common Procedure Coding System (HCPSC) Level II code from the Centers for Medicare and Medicaid Services for its RelieVRx system (formerly EaseVRx) to treat chronic low back pain.
Josh Sackman, president and cofounder of AppliedVR, joined MobiHealthNews to discuss the new reimbursement code and what's in...
Extended reality products and services company Varjo is partnering with Swiss medical device company machineMD to develop Neos, a diagnostic tool that aims to assist in the early diagnosis of brain disorders such as multiple sclerosis, stroke and brain tumors using built-in VR-based eye-tracking technology.
Finnish manufacturer Varjo offers extended reality hardware and software with integrated...
VR digital therapeutic company MyndVR announced AgeWell New York's insurance plans for Medicare and Medicaid patients would cover its senior-focused immersive offerings.
As of January 1 the insurer's CareWell plan members will have access to MyndVR's senior-focused VR digital therapeutic as an alternative therapy option.
MyndVR offers immersive travel experiences and entertainment, as well as...
Los Angeles-based TRIPP, which uses immersive technology and psychedelic imagery to boost mental wellness, announced a pre-seed investment and partnership with Equa Health, a mindfulness training app spun out of Carnegie Mellon University.
The pair will develop the extended reality (XR) platform's first clinically-backed experiences for mindfulness training, with three sessions focusing on the...
On Tuesday, VR behavioral health platform BehaVR and OxfordVR, a VR platform for severe mental health issues, announced their merger. The companies say their combination creates the largest virtual reality healthcare delivery platform.
The companies, which will unite under the BehaVR brand, also garnered $13 million in Series B funding to support the merger. The round was led by Oxford Science...
Virtual reality (VR) behavioral therapy platform Floreo closed a $10 million Series A funding round led by Tenfore Holdings with participation from Autism Impact Fund, Disability Opportunity Fund and Felton Group.
The funding comes on the heels of a Category III Current Procedural Terminology Code (CPT) from the American Medical Association for the use of VR technology to assist with therapy....
Publicly traded global medical device company Penumbra expanded its portfolio to include virtual reality offerings through its REAL Immersive System in 2019. The system is designed to help clinicians address the individual needs of patients in a rehabilitation setting.
The company then expanded its VR offerings with the REAL i-Series in 2021, bringing immersive, gaze-based experiences to care...
American VR digital therapeutic company MyndVR and European company Oroi announced a strategic partnership to expand MyndVR's catalog of cognitive, physical and occupational therapies using Oroi content.
Oroi is a VR content platform aimed at improving the wellbeing and cognitive stimulation of seniors. The company currently works in Spain, France, Germany and the U.K.
With the partnership,...
A recent study published in PLOS One and conducted by Beth Israel Deaconess Medical Center researchers in Boston reveals virtual reality use during hand surgery led to significant reductions in intraoperative anesthetic without negatively impacting patient-reported outcomes.
In a small, eight-month randomized controlled trial, researchers evaluated 34 patients undergoing hand surgery and the...
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