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Jasmine Pennic | HIT Consultant

Upfront Raises Additional $10M for Automated Patient Navigation & Engagement Platform 

by Jasmine Pennic 09/06/2022 Leave a Comment

Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

What You Should Know: - Upfront Healthcare, a leading omnichannel communication, and patient engagement platform raise an additional $10M co-led by Baird Capital, Echo Health Ventures and First Trust Capital Partners, with additional participation from existing investors including LRVHealth, Hyde Park Venture Partners, and Nashville Capital Network.  - As market demand surges for patient engagement solutions, the investment bolsters Upfront's trajectory of market leadership through
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Olive Diagnostics Raises $7.3M for AI-Powered Urine Analysis Device

by Jasmine Pennic 09/06/2022 Leave a Comment

Olive Diagnostics Raises $7.3M for AI-Powered Urine Analysis Device

What You Should Know: - Israeli medical device start-up Olive Diagnostics, which uses an optical sensor and AI-powered device to perform 100% passive real-time urine analysis, is extending its seed funding round to $7.3 million, after raising an additional $1.5 million from existing investors and private investors.  - The investors in the pre-seed stage include Israeli HMO Maccabi Healthcare Services, Mayo Clinic, eHealth Ventures, Amgen Ventures, The Israel Innovation
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AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort

by Jasmine Pennic 08/31/2022 Leave a Comment

AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort

What You Should Know: - AWS names the ten digital health startups selected for its AWS Healthcare Accelerator cohort, focused on health equity. - With the aim of reducing health disparities, these startups are increasing access to health services, addressing social determinants of health, and leveraging data to promote equitable and inclusive systems of care. 2022 AWS Healthcare Accelerator Program Details Over the course of the four-week program, these 10 startups will receive
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Salucro and Luma Health Integrate to Simplify Patient Payments

by Jasmine Pennic 08/31/2022 Leave a Comment

Salucro and Luma Health Integrate to Simplify Patient Payments

What You Should Know: - Salucro Healthcare Solutions, a healthcare payment technology company, today announced an innovative technology partnership with Luma Health, the technology company behind the world’s first Patient Success Platform™. - The partnership will combine Luma’s platform and Salucro’s patient-friendly financial engagement solutions to enable their clients to more efficiently collect payments throughout the patient journey. Personalized Payment Integrations Throughout the
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Hospital Finances Down As Funding Dries Up, Report Finds

by Jasmine Pennic 08/29/2022 Leave a Comment

Hospital Finances Down As Funding Dries Up, Report Finds

What You Should Know: - Hospitals and health systems saw decreases in outpatient revenue and operating room time and increases in inpatient lengths of stay from June to July 2022, leading to a decline in financial performance after months of improvement, according to the latest National Hospital Flash Report from Kaufman Hall. - The analysis reveals that U.S. hospitals and health systems are experiencing some of the worst margins since the beginning of the COVID-19
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FundamentalVR Expands into Urology with Teleflex Partnership

by Jasmine Pennic 08/26/2022 Leave a Comment

What You Should Know: - FundamentalVR, a provider of virtual reality (VR) integration for medical simulation is expanding its offering into urology through a partnership with Teleflex Interventional Urology. - Bringing its immersive, haptic VR training solution to urologists, the partnership highlights how FundamentalVR’s advanced technology and high-fidelity graphics will accelerate the learning curve in the use of Teleflex’s UroLift® 2 System, an innovative technology for treatment of benign prostatic hyperplasia (BPH), commonly known as enlarged prostate. About the UroLift® System The UroLift® System is a minimally invasive treatment for lower urinary tract symptoms due to benign prostatic hyperplasia (BPH). It is indicated for the treatment of symptoms of an enlarged prostate up to 100 cc in men 45 years or older (50 years outside U.S.). The UroLift® permanent implants, which can be delivered during an outpatient procedure, relieve prostate obstruction without heating, cutting, destruction of, or removing prostate tissue. The UroLift® System can be used to treat a broad spectrum of anatomies, including obstructive median lobe. Integration Benefits By leveraging the capabilities of FundamentalVR’s Fundamental Surgery platform, Teleflex aims to increase access and standardization of clinical training of the UroLift® 2 System in the United States and around the world, including Japan, where the UroLift® 2 System was recently approved for use. The customized solution from FundamentalVR will enable urologists globally to practice the procedure remotely in a virtual environment.

What You Should Know: - FundamentalVR, a provider of  virtual reality (VR) integration for medical simulation is expanding its offering into urology through a partnership with Teleflex Interventional Urology.   - Bringing its immersive, haptic VR training solution to urologists, the partnership highlights how FundamentalVR’s advanced technology and high-fidelity graphics will accelerate the learning curve in the use of Teleflex’s UroLift® 2
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Oak Street Health Opens Ninth Center in Arizona

by Jasmine Pennic 08/23/2022 Leave a Comment

Oak Street Health Opens Ninth Center in Arizona

What You Should Know: - Oak Street Health, a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, is now welcoming patients at the new Rolling Hills Square center at 7040 East Golf Links Road in Tucson. - This is Oak Street Health’s ninth center in Arizona. Oak Street Health Background Oak Street Health delivers personalized, preventive primary care through a model that was created to meet the unique needs of
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POGO Blood Glucose Monitoring Now Available in Kroger Health Pharmacies Nationwide

by Jasmine Pennic 08/23/2022 Leave a Comment

POGO Blood Glucose Monitoring Now Available in Kroger Health Pharmacies Nationwide

What You Should Know:  - Intuity Medical, Inc., a commercial-stage medical technology and digital health company focused on making life with diabetes easier, today announced that the POGO Automatic® Blood Glucose Monitoring System is now available at the more than 2,200 U.S. pharmacies of Kroger Health, the healthcare division of The Kroger Co.  - With POGO Automatic Monitors and Cartridges now available at all Kroger Health pharmacy locations, the simplicity of One-Step testing
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Clarify Health & Datavant Partner to Integrate Real-World Data

by Jasmine Pennic 08/22/2022 Leave a Comment

Clarify Health & Datavant Partner to Integrate Real-World Data

What You Should Know: - Clarify Health, a cloud analytics and value-based payments platform company, and Datavant, a provider helping organizations securely connect health data expands their relationship to enable life sciences companies to connect their proprietary, first-party data in Clarify’s AI-powered Atlas analytics platform to improve clinical development and commercial operations. - Datavant’s privacy-preserving tokenization and high-accuracy matching technologies will be used to
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EchoNous Alliance with Samsung for AI-Guided Ultrasound

by Jasmine Pennic 08/19/2022 Leave a Comment

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

What You Should Know: - EchoNous, a company delivering AI-enabled handheld ultrasound capable of producing diagnostic-quality images, forms an alliance with Samsung that enables its Point-of-Care Ultrasound (POCUS) Kosmos platform run on Samsung’s Galaxy Tab Pro tablets (models 12.0 and higher). - Made possible through the EchoNous/Samsung alliance, this new compatibility will lower the overall price point of the Kosmos platform, which already costs tens of thousands of dollars less than
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