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Jasmine Pennic | HIT Consultant

4C Medical Technologies Nabs $35M, Appoints New President and CEO

by Jasmine Pennic 03/31/2022 Leave a Comment

4C Medical Technologies Nabs $35M, Appoints New President and CEO

What You Should Know: - 4C Medical Technologies, a privately-held medical technology company focused on the development of minimally invasive therapies for structural heart disease raises $35.4M in Series C funding was led by MicroPort CardioFlow Medtech Corporation (HKEX:2160). - The Company's AltaValve® would be the first MR treatment with atrial-only fixation that is designed to minimize known issues associated with current TMVR technologies,
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Powered by Biofourmis, Blessing Health System Partners Launches Home Hospital Services

by Partnerships 03/31/2022 Leave a Comment

What You Should Know: - Blessing Health System, an integrated rural health system selects Biofourmis, a virtual care and digital therapeutics provider to launch its own home hospital services. - As part of the selection, Biofourmis is supporting the health system with its turnkey, end-to-end, home hospital solution for participation in the Rural Home Hospital project.  Delivering Acute-Level Hospital Care Inside Patients’ Homes This new program allows caregivers to
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BillionToOne Raises $125M to Expand Genetic Testing Platform

by Jasmine Pennic 03/30/2022 Leave a Comment

BillionToOne Raises $125M to Expand Genetic Testing Platform

What You Should Know: - BillionToOne, a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all raises $125M in Series C funding co-led by Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie Gifford, Neotribe Ventures, Norwest Venture Partners, Civilization Ventures, Fifty Years VC, Pacific 8 Ventures, Time BioVentures, and Libertus Capital, among others. - This
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Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers

by Strategic Partnerships 03/30/2022 Leave a Comment

Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers

What You Should Know: - Hims & Hers & Carbon Health partnership adds the seventh U.S. state to the Hims & Hers provider network, which enables seamless care for a wide range of conditions. - Collaboration advances Hims & Hers efforts to transform healthcare by adding another high-quality provider to its growing network of provider relationships. Hims & Hers Health, the multi-specialty telehealth platform focused on providing modern personalized health and wellness
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Brightside Health Raises $50M for Personalized Anxiety & Depression Care

by Jasmine Pennic 03/29/2022 Leave a Comment

Brightside Health Raises $50M for Personalized Anxiety & Depression Care

What You Should Know: - Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date. - The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.  Brightside Health, a telemedicine platform that offers fast access to
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

by Jasmine Pennic 03/29/2022 Leave a Comment

LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

What You Should Know: - Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system.  - The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines. LCMC Health Delivers Remote
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Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

by Jasmine Pennic 03/28/2022 Leave a Comment

Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

What You Should Know: - Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company. - Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
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Researchers Develop AI Method for Personalized Diabetes Treatment

by Jasmine Pennic 03/25/2022 Leave a Comment

Researchers Develop AI Method for Personalized Diabetes Treatment

What You Should Know: - Hitachi, U of U Health, and Regenstrief researchers partnered to develop and test a new AI method to improve personalized care for diabetes patients needing complex drug treatment. - The new AI method can now be used to help determine an optimal drug regimen for a specific patient. Hitachi, University of Utah Health, and Regenstrief Institute today announced the development of an artificial intelligence (AI) method to improve care for patients with type 2
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League Partners with Google Cloud to Accelerate Healthcare Consumer Experiences

by Jasmine Pennic 03/23/2022 Leave a Comment

Accenture and League Partner to Transform Digital Healthcare Experiences

What You Should Know: - League today announced a strategic partnership with Google Cloud that aims to accelerate and enable successful digital transformation for healthcare providers, payers, pharmacy retailers and employers. - By leveraging Google Cloud's Healthcare API, League is able to deliver a comprehensive healthcare consumer experience platform and enable the most personalized omnichannel experiences on the market. The partnership will also include the addition of the League
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Telemedicine-Supported Medication-Assisted Treatment Should Remain Available After Pandemic

by Jasmine Pennic 03/23/2022 Leave a Comment

Telemedicine-Supported Medication-Assisted Treatment Should Remain Available After Pandemic

What You Should Know: - A staggering 100% of patients believe that telemedicine-supported Medication-Assisted Treatment (MAT) should remain available even after the pandemic comes to an end, according to new findings from a survey conducted by Bicycle Health. - The comprehensive survey studied over 900 patients suffering from opioid use disorder (OUD), and their attitudes about critical topics like recovery, telehealth, and stigma. Opioid Use Disorder: A Deadly American
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