AT&T's Foundry which resides inside Texas Medical Center's Innovation Institute in Houston, is currently developing technology like a connected wheelchair to monitor patients in real-time. The company is also working on an electroencephalogram headband, a vital signs monitoring device, to detect patient discomfort.
Chris Penrose, senior vice president of AT&T's Internet of Things division, said that by connecting things that haven't been connected before, caregivers and doctors will have the ability to better monitor patients. They can also improve overall patient life, both at home and at health care facilities.
"This is a real way we can bridge together what you're doing in your home with the health care ecosystem to provide a better experience for that patient," Penrose told CNBC's "Closing Bell".
The overall connected health market is expected to see huge growth in the coming years. A 2015 report by MarketResearch.com, estimated the health care internet of things is poised to hit $117 billion within the next several years.
Robert Graboyes, senior research fellow at the Mercatus Center at George Mason University, predicts connected health care will be a dominate form of medicine in a few years — especially when looking at millennials who are comfortable dealing with electronic devices, he said.
"There is a convergence of technology that is opening up — big data, artificial intelligence — and it's allowing doctors to identify patterns in health that wouldn't have been available to intuitive practitioners," Graboyes said.