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Fred Pennic

DarioHealth Awarded FDA (510K) Clearance for iPhone Smart Glucose Meter App

by Fred Pennic 03/26/2018 Leave a Comment

DarioHealth Expands Cloud-based Diabetes Monitoring Devices to U.K. Market

DarioHealth, an Israli-based global digital health company with mobile healthand big data solutions, announced today that the United States Food and Drug Administration (FDA) has granted Pre-market Notification (510(k)) clearance for the Company's Lightning®-enabled version of the acclaimed Dario Blood Glucose Monitoring System which enables the use of the Dario app on iPhone 7, 8 and X smart mobile devices (SMD). Consumers in the U.S. market will be able to receive the same quality user
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Sheba Medical Center Declares Israel’s “City of Health”, Inks $350M Deal

by Fred Pennic 03/26/2018 Leave a Comment

Sheba Medical Center to Create The First Fully VR-Based Hospital In The World Sheba Medical Center Declares Israel’s “City of Health”, Inks $350M Deal

Sheba Medical Center, just signed a $350 million deal with Israel’s Ministries of Finance and Health to transform Sheba Medical Center into a groundbreaking “City of Health.” With Israel’s Independence Day quickly approaching on April 18th, this is the perfect time for this exciting partnership to launch that will change the future of medicine around the world. This collaboration truly exemplifies the magnificent parallel growth between Sheba and the State of Israel, both created in 1948. Just
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Optum and HealthBI Team Up on Value-based Care Partnership

by Fred Pennic 03/23/2018 Leave a Comment

Optum and HealthBI Team Up on Value-based Care Partnership

Optum, the health business services arm of UnitedHealth Group, and HealthBI announce a partnership aimed at creating an industry-changing operation model for providers to practice and improve value-based care. The venture is initially aimed at boosting performance of Medicare Advantage plans.This partnership between Optum and HealthBI represents an exciting new chapter for true connected, value-based care, aimed at definitively proving that payer-provider collaboration moves the needle on better
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Cernostics Raises $2.5M for Next Generation Cancer Diagnostics

by Fred Pennic 03/22/2018 Leave a Comment

Cernostics Raises $2.5M for Next Generation Cancer Diagnostics

Cernostics, a Pittsburgh, PA-based diagnostics company focused on delivering better cancer diagnosis and prognosis through a unique approach to tissue analysis has raised $2.5 million in Series A funding led by Illumina Ventures. With the recent investment from Illumina Ventures, Cernostics has raised a total of $13 million, including investments from UPMC Enterprises, Novitas Capital, Geisinger Health System, the Pittsburgh Life Sciences Greenhouse, and Ben Franklin Technology Partners of
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Reflexion Health Launches Next-Gen Virtual Exercise Rehabilitation Assistant (VERA)

by Fred Pennic 03/22/2018 Leave a Comment

Reflexion Health Launches Next-Gen Virtual Exercise Rehabilitation Assistant (VERA)

Reflexion Health, a virtual rehabilitation therapy company, today announced the launch of its next-generation of solutions for patients and clinicians: VERAHome and VERAClinic. These improved applications build upon the company's category-defining, FDA-cleared Virtual Exercise Rehabilitation Assistant (VERA™) and create a platform that streamlines the performance and management of post-acute care physical therapy.While the company's first-generation product was designed to improve patient
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Accruent Acquires Connectiv, Expands Healthcare Technology Management Leadership

by Fred Pennic 03/22/2018 Leave a Comment

Accruent Acquires Connectiv, Expands Healthcare Technology Management Leadership

Accruent, a provider of physical resource management solutions, has acquired California-based Connectiv, enhancing Accruent’s ability to meet the needs of clients in healthcare. This marks Accruent’s seventh company acquisition in the past twenty-four months to help clients have control and visibility across asset management solutions. Financial details of the acquisition were not disclosed.  Connectiv is a rapidly-growing cloud-based, mobile-enabled software company that allows biomedical and
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4 Best Practices to Optimize Perioperative Services for Hospitals

by Fred Pennic 03/21/2018 Leave a Comment

4 Best Practices to Improve Operational Efficiency of Perioperative Services

Surgical leaders across the U.S. struggle with common challenges, including how they get timely access to, and use, existing data to better utilize OR blocks and hold surgeons and staff accountable for OR performance, according to the results of a new Hospital IQ survey of U.S. hospital and perioperative leaders regarding their strategic surgical objectives for the coming 12 months. Conducted in January 2018 among senior hospital and perioperative leaders at hospitals and health systems, the
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Philips Partners With Mass General to Advance Digital Pathology Adoption

by Fred Pennic 03/20/2018 Leave a Comment

IntelliSpace Cardiovascular Philips

 Philips announced it’s collaborating with Massachusetts General Hospital (MGH) and Brigham and Women’s Hospital (BWH) to enable research, support clinical diagnosis and help advance digital pathology adoption across the U.S. through the implementation of the Philips IntelliSite Pathology Solution.This collaboration builds on digital pathology’s growing momentum in recent years, due to its ability to enable highly automated workflows that allow pathologists to compile clinically actionable
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Massachusetts’ Lawrence General to Implement MEDITECH Expanse EHR

by Fred Pennic 03/20/2018 Leave a Comment

Massachusetts’ Lawrence General to Implement MEDITECH Expanse EHR

Lawrence General Hospital, a 189-bed, non-profit, multi-specialty regional health system serving more than 94,000 residents in Lawrence, MA has signed an agreement to implement  Expanse, MEDITECH’s next-generation web EHR platform. The implementation for the both the acute and ambulatory space is scheduled to kick off in July 2018 with a go-live date of spring 2019.  Santa Rosa Consulting will serve as the implementation partner for the MEDITECH roll-out. Lawrence selected MEDTECH Expanse after
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AI-Driven Drug Discovery Startup twoXAR Lands $10M for Computational Platform

by Fred Pennic 03/19/2018 Leave a Comment

AI-Driven Drug Discovery Startup twoXAR Lands $10M for Computational Platform

twoXAR, Inc., an artificial intelligence (AI)-driven biopharmaceutical company, announced today that it has raised $10 million in Series A financing led by SoftBank Ventures including follow-on participation from seed investor Andreessen Horowitz. The biotech startup plans to use the funding to build the company’s drug pipeline through partnerships and accelerate preclinical development of existing candidates.   Traditional drug discovery and development is estimated to take 10-15 years and
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