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Jasmine Pennic | HIT Consultant

Biotech Company Nuritas Raises $45M To Scale Its Peptide Discovery Platform

by Jasmine Pennic 11/11/2021 Leave a Comment

Biotech Company Nuritas Raises $45M To Scale Its Peptide Discovery Platform

What You Should Know: - Nuritas, a biotech company that uses proprietary AI to discover plant-based actives (peptides) and make the products we consume healthier and more sustainable raises $45M in Series B funding led by Cleveland Avenue, LLC. The round also included participation from Cultivian Sandbox Ventures, VisVires New Protein, U2’s Bono and The Edge, Salesforce CEO Marc Benioff and Ali Partovi. - Founded in 2014, Nuritas’ computational approach to discovery uses
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CareDx Acquires Medication Adherence Platform MedActionPlan

by Jasmine Pennic 11/10/2021 Leave a Comment

CareDx Acquires Medication Adherence Platform MedActionPlan to Directly Support Patients with Better Adherence

What You Should Know: - CareDx, Inc. (Nasdaq: CDNA), a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired MedActionPlan®, a New Jersey-based provider of medication safety and adherence technology and patient education. - MedActionPlan programs have been proven to improve adherence, reduce healthcare costs, and increase
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Olive, ClosedLoop Integrate to Bring Predictive Analytics to Hospitals

by Jasmine Pennic 11/10/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know: - Today, healthcare automation company Olive announced their partnership with ClosedLoop, a healthcare-specific data science platform that allows hospitals to implement artificial intelligence (AI) technology. As part of the partnership, Olive will be able to leverage ClosedLoop’s technology within Olive Helps to help deliver better patient outcomes, such as reducing unplanned hospitalizations, readmission rates and hospital-acquired infections. - This partnership
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Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

by Jasmine Pennic 11/09/2021 Leave a Comment

Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

What You Should Know: - Bright HealthCare (“Bright Health”), a tech-enabled health insurance carrier, announced a new partnership with MedArrive, a healthcare platform that enables payers and providers to extend medical services into the home. Through the program, which recently kicked off in Charlotte, North Carolina, Bright Health is tapping MedArrive’s network of highly skilled EMS professionals within the community to conduct in-home preventive health visits coupled with physician-led
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Blue Cross NC Expands Telehealth Offerings with Teladoc Health

by Jasmine Pennic 11/09/2021 Leave a Comment

Blue Cross NC Expands Telehealth Offerings Through Collaboration with Teladoc Health

What You Should Know: - Blue Cross NC has announced the rollout of Teladoc Health’s full suite of virtual care services, including chronic condition management and mental health, to select Blue Cross NC employers and members. With Teladoc Health, Blue Cross NC can continue to offer more equitable access to chronic disease digital solutions regardless of physical location and work to make health care better for all North Carolinians. - Members on most Blue Cross NC individual and fully
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The Helper Bees Taps Roundtrip to Provide Transportation Services for Members

by Jasmine Pennic 11/09/2021 Leave a Comment

medicare, Medicare Advantage, non-medical-emergency medical transportation, Roundtrip Health

What You Should Know: - The Helper Bees (THB), a full-service insurtech company that creates innovative aging-in-place solutions for both payers and insureds, announced a provider partnership with Roundtrip, the leading technology solution for non-emergency medical transportation (NEMT). This agreement will bring better transportation options to Medicare Advantage (MA), Long Term Care Insurance (LTCI), health systems, and patients nationwide. - By adding Roundtrip to this network, The
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Techstars Launches Future of Longevity Accelerator 2021 Class

by Jasmine Pennic 11/08/2021 Leave a Comment

Techstars Future of Longevity Accelerator Launches 2021 Class

What You Should Know: - Techstars, today announce the 2021 class of the Techstars Future of Longevity Accelerator, run in partnership with Pivotal Ventures, an investment and incubation company created by Melinda French Gates to advance social progress in the United States. - The 13-week program focuses on innovative solutions to address the unmet needs of older adults and their caregivers. Program themes include aging in place, caregiver support, care coordination, financial wellness,
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Healthcare Financial Assistance Transactions Increases by 55%, TransUnion Healthcare Survey Reveals

by Jasmine Pennic 11/08/2021 Leave a Comment

Revenue Integrity Dysfunctional Patient Billing Major Distraction for Patients & Clinicians 6 Metrics to Improve Hospital Revenue Cycle ROI_revenue cycle makret

What You Should Know: - The number of financial assistance transactions processed by TransUnion Healthcare increased 55% between September 2020 and September 2021, according to a new analysis from TransUnion Healthcare released at the HFMA Annual Conference indicates hospitals are more proactively working with patients to understand their financial needs and provide appropriate options. - The data reflect millions of financial assistance transactions, from more than 1,000 hospitals and
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Hims & Hers, Walgreens Expand Personal Care Offerings to 7,000+ Stores and Online Nationwide

by Jasmine Pennic 11/05/2021 Leave a Comment

Hims & Hers Rolls Out 1:1 Teletherapy Offering

What You Should Know:  - Hims & Hers, the multi-specialty telehealth platform focused on providing modern personalized health and wellness experiences to consumers, and Walgreens today announced a collaboration to provide greater access to high-quality health and wellness solutions. This will include the availability of Hims & Hers supplements and sexual health and wellness solutions, which will be offered at Walgreens retail locations nationwide and on walgreens.com. - Hims &
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Raydiant Oximetry Nabs $5M for Fetal Oximeter that Monitors Babies’ Oxygenation During Childbirth

by Jasmine Pennic 11/04/2021 Leave a Comment

Raydiant Oximetry Nabs $5M for Fetal Oximeter that Monitors Babies’ Oxygenation During Childbirth

What You Should Know: - Fogarty Innovation, a nonprofit educational incubator for medical technology companies, announced today that its graduate, Raydiant Oximetry, Inc., has raised an oversubscribed round of $5M Series A2 financing led by Avestria Ventures, which invests in early-stage women’s health companies, and syndicated by KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures, SteelSky Ventures and Tri-Valley Ventures. - Raydiant Oximetry is a
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