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Fred Pennic

Imprivata Names Former Sutter Health Executive Wes Wright as CTO

by Fred Pennic 05/10/2018 Leave a Comment

Imprivata Names Former Sutter Health Executive Wes Wright as CTO

Health IT security company Imprivata, today announced the appointment of former Sutter Health executive Wes Wright to Chief Technology Officer (CTO) to lead the company's global technology strategy. As part of his new role as CTO, Wright will provide technical leadership across all areas of Imprivata’s overall business plan and strategic vision. Prior to Imprivata, Wright most recently served as CTO of Sutter Health where he was responsible for the technical services strategies and operational
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Alphabet and Michael J. Fox Foundation Team Up to Use Verily Study Watch to Research Parkinson’s Disease

by Fred Pennic 05/09/2018 Leave a Comment

Michael J. Fox Foundation Uses Verily Study Watch to Research Parkinson's

The Michael J. Fox Foundation for Parkinson's Research (MJFF) and Verily Life Sciences LLC, an Alphabet company has announced a new collaboration on a two-year sub-study in Parkinson's Progression Markers Initiative will include Verily Study Watch to add new dimension of health data. More than 800 participants will be equipped with Verily's multi-sensor investigational wearable device, to passively collect data on movement and physiologic and environmental measures continuously. The goal is to
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Innovaccer Raises $25 Million to Expand Unified Healthcare Data Platform

by Fred Pennic 05/09/2018 Leave a Comment

Innovaccer Unveils InData

 Innovaccer Inc., a Silicon Valley-based healthcare data platform company, announced today that it has raised $25 million capital in its Series B round of funding led by Westbridge Capital with participation from Lightspeed Ventures. This brings the total capital raised by Innovaccer to $41 million. Innovaccer plans to use the funds to continue building on its industry-leading suite and go-to-market capabilities.This includes enhancing its data platform by doubling down on its machine learning
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Wellist Lands $10M to Expand Integrated Patient Experience Solutions

by Fred Pennic 05/09/2018 Leave a Comment

Wellist Lands $10M to Expand Integrated Patient Experience Solutions

Wellist, a Boston-based digital health startup focused in delivering Integrated Patient Experience Solutions to to address social determinants of health across their entire patient population has raised $10 million in Series A funding led by Summation Health Ventures. This investment will enable Wellist to expand in several key geographic markets and enhance its proprietary digital health platform that connects patients to non-medical support services. The patient experience market has grown
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Luna DNA Raises $4M for Community-owned Genomic and Medical Research Database

by Fred Pennic 05/09/2018 Leave a Comment

Luna DNA Raises $4M for Community-owned Genomic and Medical Research Database

Luna DNA, the first community-owned genomic and medical research database has raised $4 million in funding from lead investors Illumina Ventures and Arch Venture Partners. Additional investors include UK-based Bridgelink Capital; Seattle-based Hemisphere Ventures; and Dr. Aristides Patrinos, a former leader of the Human Genome Project and current advisor to Luna DNA. The startup plans to use the funds to support the next phase in creating Luna’s research platform and engaging a global community
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MEDITECH EHR Expands Global Presence to United Kingdom & Ireland

by Fred Pennic 05/08/2018 Leave a Comment

MEDITECH Expanse EHR Across Enterprise MEDITECH Unveils New Web-based EHR Platform: Expanse

MEDITECH Holdings announce it is expanding its global presence and launching MEDITECH UK in the United Kingdom and Ireland. In partnership with MEDITECH in the United States, MEDITECH UK will deliver the web-based Electronic Patient Record (EPR) platform Expanse to customers in the UK and Ireland for the first time. MEDITECH Expanse is an integrated, web-based EPR designed for mobile, tablet-based navigation with a familiar web-user interface. Created collaboratively with consultants and
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MTBC to Acquire Assets of Orion Healthcorp That Could Increase Revenues by 50%

by Fred Pennic 05/08/2018 Leave a Comment

MTBC to Acquire Assets of Orion Healthcorp That Could Increase Revenues by 50%

MTBC, a provider of cloud-based healthcare IT and revenue cycle management solutions has entered into an Asset Purchase Agreement ("APA") to acquire substantially all of the revenue cycle, practice management, and group purchasing organization assets of Orion Healthcorp, Inc. and 13 of its affiliate companies (together "Orion"), as the primary bidder in a Section 363 sale under the U.S. Bankruptcy Code. After the acquisition is closed, management expects the transaction would increase MTBC's
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Elliot Management Makes $6.5B Unsolicited Bid to Acquire athenahealth

by Fred Pennic 05/07/2018 Leave a Comment

Elliot Management Makes $6.5B Unsolicited Bid to Acquire Athenahealth

athenahealth has received an unsolicited proposal from Elliott Management to acquire the Company for $160 per share in cash that could be worth about $7 billion, including debt, CNBC first reports.In a letter sent to athenahealth’s management, the activist firm stated, “It is clear to us and becoming clear to many others that Athenahealth’s potential will never be realized without the kind of operational change that the company seems unable to deliver.” The letter also states that Elliot
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DrChrono and Cliniconex Integrate to Provide Enhanced Mobile EHR Experience to Urgent Care Practices

by Fred Pennic 05/07/2018 Leave a Comment

drchrono Launches Specialized EHR for Urgent Care Practices

DrChrono Inc., the company enabling the medical practice of the future, today announced a partnership with Cliniconex to bring more modern and mobile benefits to urgent care practices. The Cliniconex and DrChrono integration provides an enhanced mobile EHR experience for urgent care practices.Cliniconex easily integrates with DrChrono’s cloud-based EHR platform and daily workflow processes. Cliniconex’s automated patient communication, and reporting software not only streamlines pre and
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Lyra Health Raises $45M to Connect Employees to Effective Mental Health Providers

by Fred Pennic 05/07/2018 Leave a Comment

Lyra Health Raises $45M to Connect Employees to Effective Mental Health Providers

Lyra Health, a Burlingame, CA-based digital health startup has raised $45 million in Series B funding to expand access to effective mental healthcare for companies and their employees. The round included participation from new investors  Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital with existing investors including Greylock Partners, Venrock, and Providence Ventures. The company plans to use the latest round of founding to develop technology that improves treatment outcomes
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