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Fred Pennic

Kareo Launches Apple Watch App To Improve Medical Practice Efficiency

by Fred Pennic 05/20/2015 1 Comment

Kareo Apple Watch

Kareo, a cloud-based medical office EHR for independent medical practices is launching an Apple Watch App. The integration of the Apple Watch with Kareo's EHR streamlines care delivery and enhancing the patient experience by improving communications, reducing patient wait times, and increasing practice efficiency. The Apple Watch App was created in response to the growing demands on physicians to increase their focus on all aspects of patient engagement. “Physicians are on their feet attending
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MD Anderson Pilots Apple Watch for Breast Cancer Treatment

by Fred Pennic 05/19/2015 Leave a Comment

Apple Watch

MD Anderson Cancer Center at Cooper is teaming up with behavioral health technology company Polaris Health Directions (Polaris) on an behavioral health pilot project using the Apple Watch to help improve breast cancer treatment outcomes. The integrated medical behavioral health pilot project will utilize the Apple Watch to capture behavioral data that could affect the courses and outcomes of treatment for breast cancer patients. The partnership brings together MD Anderson Cooper’s expertise
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Xerox Expands into Population Health with Acquisition of Healthy Communities Institute

by Fred Pennic 05/19/2015 1 Comment

HCI

Xerox announced its acquisition of Healthy Communities Institute (HCI), a Berkeley, Calif.-based company with a leading cloud platform that puts socioeconomic and community health information at the fingertips of hospitals, public health agencies and community coalitions. HCI’s software-as-a-service (SaaS) platform centralizes proprietary, healthcare and community data to help hospitals and other health organizations manage population health. By tapping data derived from clinical visits,
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MEDNAX To Acquire Teleradiology Firm vRad for $500M

by Fred Pennic 05/13/2015 Leave a Comment

vRad

MEDNAX, a national medical group comprised of the nation's leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services announced that it will acquire teleradiology firm vRad for $500 million. vRad's current management team will join MEDNAX as part of the transaction. The company's headquarters and 24/7 operations and client support center will continue to be based in Eden Prairie, Minnesota. vRad Overview The outsourced radiology physician services
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Precision BioSciences Raises $25.6M to Expand Genome Editing Platform

by Fred Pennic 05/12/2015 Leave a Comment

Precision BioSciences Raises $25.6M to Expand Genome Editing Platform

Genome editing-based company, Precision BioSciences announced it has closed $25.6 million Series A financing led by venBio. The Research Triangle Park, North Carolina-based company's oversubscribed round was also joined by Fidelity Biosciences, Amgen Ventures, Baxter Ventures, Osage University Partners, the Longevity Fund, and two well-known public market investors. As part of the Series A round, Robert Adelman of venBio and Ben Auspitz of Fidelity Biosciences will join Precision’s Board
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Population Health Company Evolent Health Files for $100M IPO

by Fred Pennic 05/07/2015 Leave a Comment

Evolent Health

Arlington, Va.-based Evolent Health, a population health management services organization (MSO) that integrates the technology, tools and on-the-ground resources to support health systems in executing on their population health and care transformation objectives has filed for a $100 million IPO, according to SEC filing. The company is looking to raise $100 million and will trade on the New York Stock Exchange under the ticker symbol EVH.  Founded in 2011 by UPMC Health Plan and The Advisory
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Joint Telehealth Pilot Program Reduces Hospitalizations by 45%

by Fred Pennic 05/06/2015 Leave a Comment

Telehealth

An at-home telehealth pilot program for patients with multiple chronic conditions between Philips and Arizona-based Banner Health has led to a 45 percent reduction in hospitalizations. Working together to address the shift toward value-based care and increased penalties for readmissions, the Intensive Ambulatory Care (IAC) pilot program assessed the results of 135 patients1 to determine the effectiveness of the IAC program in meeting its clinical and financial goals. Joint Telehealth Program
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HHS Announces $101M in ACA Funding to 164 Community Health Centers

by Fred Pennic 05/05/2015 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

HHS Secretary Sylvia M. Burwell announced today approximately $101 million in Affordable Care Act funding to 164 new health center sites across 33 states and two U.S. Territories for the delivery of comprehensive primary health care services in communities that need them most.  These new health centers are projected to increase access to health care services for nearly 650,000 patients. Investment Details This investment announced today will add to the more than 550 new health center sites
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Flagship Ventures Scales Innovation in Life Sciences with New Partnerships

by Fred Pennic 05/05/2015 Leave a Comment

flagship-ventures

Cambridge, Massachusetts-based Flagship Ventures, a leading venture capital and venture creation firm focused on innovations in biotech and sustainability has formed strategic innovation partnerships with AstraZeneca, Nestle Health Science and Bayer CropScience. These partnerships will allow Flagship to scale up its unique innovation foundry, VentureLabs®, as well as expand its early stage venture funding activities while leveraging the partners' strengths as market leaders in
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Validic Raises $12.5M To Accelerate Digital Health Ecosystem

by Fred Pennic 04/28/2015 1 Comment

Validic Platform Connection

Validic, a leading digital health platform for aggregating health data, announced today that it has secured a $12.5 million Series B round led by Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente. The additional capital will be used to  build out their team, product offerings, client and device reach.  In the current healthcare environment, many companies are trying to solve the problem of integrating, managing and updating connections to the rapidly expanding
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