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Jasmine Pennic | HIT Consultant

Femtech Startup Ruth Health Secures $2.4M to Transform Telehealth Approach to Pregnancy Care

by Jasmine Pennic 04/28/2022 Leave a Comment

Femtech Startup Ruth Health Closes $2.4M to Transform Telehealth Approach to Pregnancy Care

What You Should Know: - Femtech startup Ruth Health providing progressive telehealth and comprehensive care platform built for women by women announced it has raised $2.4M seed funding round led by Giant Ventures, with participation from Citylight VC, Cleo Capital Scout Fund, Crista Galli Ventures, Duro VC, Emmeline Ventures, Gaingels, Global Founders Capital, Pentas Ventures, SOMA Capital, Techstars, Torch Capital, YCombinator, and various strategic angels. This brings Ruth Health’s
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Komodo Health & AppliedVR Partner to Drive Therapeutic VR for Chronic Pain

by Jasmine Pennic 04/28/2022 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - Komodo Health, a company delivering patient-level insights by dynamically analyzing the broadest array of data across patients, practitioners, and health systems. today announced a new partnership with AppliedVR, the leader in therapeutic virtual reality (VR) for pain management. - Using Komodo’s technology, AppliedVR will combine its proprietary insights with Komodo’s real-world data to conduct clinical research into the efficacy, cost savings, and health system
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AWS Awards Arine Grant to Develop Solutions to Reduce Health Inequity

by Jasmine Pennic 04/28/2022 Leave a Comment

AWS Awards Arine Grant to Develop Solutions to Reduce Health Inequity

What You Should Know: - Intelligent medical optimization company Arine has been awarded has been selected for Amazon Web Services' (AWS) $40M global program supporting organizations that are developing solutions to reduce health inequities. The latest funding will be used to support NotiSphere's hiring to expand adoption across the industry and enable scalability to support the rapidly growing number of users. - Arine’s proprietary tech platform analyzes comprehensive data from across the
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs

by Digital Health Funding 04/26/2022 Leave a Comment

Former OptumRx CEO Launches with $33M to Low Drug Costs

What You Should Know: - Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives. - Waltz Health plans to
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CareLinx by Sharecare Forms Clinical Advisory Board for Home Health Platform

by Jasmine Pennic 04/26/2022 Leave a Comment

Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M

What You Should Know: - Sharecare, the digital health company that helps people manage all their health in one place, today announced the formation of a clinical advisory board for its home health platform and network of caregivers, CareLinx by Sharecare. - The aim of the board is to help shape the clinical care offering from CareLinx as well as our nurse retention and recruiting efforts, so we’ve appointed 10 leaders across the nursing field – military, private practice, academia,
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Kyruus and Upfront Partner to Maximize Digital Patient Acquisition and Retention

by Jasmine Pennic 04/25/2022 Leave a Comment

Kyruus and Upfront Partner to Maximize Digital Patient Acquisition and Retention

What You Should Know: - Kyruus, a provider search and scheduling solutions for healthcare organizations, and Upfront, preeminent patient communication and engagement platform, today announced a new partnership to help healthcare organizations drive patient acquisition, activation, and retention. - The combination of both platforms allows healthcare organizations to create better digital experiences for their patients using Kyruus’ powerful provider search, match, and scheduling
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Northwell Health Selects Teladoc Health to Improve Virtual Care Across Enterprise

by Jasmine Pennic 04/22/2022 Leave a Comment

What You Should Know: - Northwell Health, New York’s largest healthcare provider has signed a partnership agreement with virtual care provider Teladoc Health to deliver connected virtual care and expand care delivery to patients both inside and outside the four walls of the health system. The new enterprise strategy will leverage Teladoc Health’s collaboration with Microsoft, improving clinical teamwork and communication among Northwell clinicians. -
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Analysis: CMS Data Underestimates Hospital Labor Spending

by Jasmine Pennic 04/21/2022 Leave a Comment

Analysis: CMS Data Underestimates Hospital Labor Spending

What You Should Know: - Centers for Medicare & Medicaid Services’ (CMS) payment adjustments did not adequately address hospitals increased costs for FY 2021, according to new data from Premier. - The data reveals this discrepancy has resulted in hospitals receiving only a 2.4 percent rate increase, compared to a 6.5 percent increase in hospital labor rates, which account for 76 percent of hospital costs. - The data CMS uses to account for real
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Physicians Say Access Challenges Impact Their Care Plans for Up to 33% of Patients

by Jasmine Pennic 04/21/2022 Leave a Comment

Physicians Say Access Challenges Impact Their Care Plans for Up to 33% of Patients

What You Should Know: - Physicians would make a different therapy choice for 33% of patients if medication access was not a factor, and physicians had to change their treatment plan for 26% of patients due to medication access challenges, according to recent survey findings from OptimizeRX Corp. - The results of a survey of 102 specialist physicians highlight how inefficient access pathways negatively impact patient care. Survey Report Background The survey, conducted in March
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