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Jasmine Pennic | HIT Consultant

Foresite Capital Raises $173M Fund for Foresite Labs Incubated Companies

by Jasmine Pennic 03/07/2022 Leave a Comment

Foresite Capital Raises $173M Fund for Foresite Labs Incubated Companies

What You Should Know: - Foresite Capital is announcing their latest, oversubscribed $173M fund, which will be used to support Foresite Labs’ incubated life science companies. - Foresite Labs was created in October 2019 to found, build, and scale life sciences companies at the intersection of healthcare and data science. One of Foresite Capital’s core beliefs is that by combining machine learning, big data, and genomics, life sciences companies can accelerate commercialization from decades
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MD Anderson Taps Syntrophy to Aggregate Disparate Data, Enable Team Science

by Jasmine Pennic 03/07/2022 Leave a Comment

What You Should Know: - The University of Texas MD Anderson Cancer Center announced efforts to advance its capabilities to seamlessly connect basic science, translational and clinical research data for the benefit of patients through a technology collaboration with Syntropy and the Foundry platform. - This initiative is part of MD Anderson’s new Strategy aimed at focusing its mission to end cancer on approaches that maximize the impact on humanity, which
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Unite Us Launches Social Care Payments Platform

by Jasmine Pennic 03/04/2022 Leave a Comment

Unite Us Launches Social Care Payments Platform

What You Should Know: - Unite Us, the enterprise technology company providing the digital infrastructure to power integrated health and social care, today announced the launch of its Social Care Payments solution. - Social Care Payments is a first-of-its-kind solution designed to bridge the gap between healthcare funders and community-based organizations (CBOs), enabling social care funding at scale. It is the only end-to-end solution for social care that streamlines the
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Black Female Co-founders CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

by Jasmine Pennic 03/03/2022 Leave a Comment

CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

What You Should Know: - CancerIQ, a Chicago-based platform powering early cancer detection and prevention across broad patient populations, announced today it closed a $14M Series B financing round. - The Series B round was co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures with participation from McKesson Ventures, OSF Ventures (the investment arm of OSF HealthCare, a current CancerIQ customer), and HealthX Ventures. Inequality in
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DarioHealth Forms $30M Strategic Agreement with Sanofi U.S.

by Jasmine Pennic 03/03/2022 Leave a Comment

HLTH21: DarioHealth Unveils its Digital Musculoskeletal Solution

What You Should Know: - DarioHealth Corp., a provider of global digital therapeutics (DTx), announced it has entered into a $30M multi-year, strategic agreement with Sanofi U.S., an innovative global healthcare company. The multi-year, $30 million-dollar agreement will help accelerate commercial adoption of Dario's full suite of digital therapeutics and drive the expansion of digital health solutions on the Dario platform.  - As part of the strategic agreement, Dario and Sanofi will
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Massachusetts General Hospital to Co-Develop VR Digital Therapeutic for Stem Cell Patients

by Jasmine Pennic 03/02/2022 Leave a Comment

Massachusetts General Hospital to Co-Develop VR Digital Therapeutic for Stem Cell Patients

What You Should Know: - Massachusetts General Hospital ("MGH") announced a research agreement with Rocket VR Health, an emerging digital therapeutics company developing clinically validated virtual reality therapies that enhance the quality of life of cancer patients, their families and their caregivers. - The research will study the effects of daily Virtual Reality Therapy's effect on patients during their entire hospital stay. Partnership Details The
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Validic’s Integrated RPM Platform Now Available on Epic App Orchard

by Jasmine Pennic 03/02/2022 Leave a Comment

Validic’s Integrated RPM Platform Now Available on Epic App Orchard

What You Should Know: - Validic today announced that its remote patient monitoring (RPM) platform, Validic Impact, is available on the Epic App Orchard. - Through the App Orchard, organizations using Epic can easily integrate Validic's solution into their existing user workflow. Platform-First Approach to RPM and Condition Management Validic Impact takes a platform-first approach to RPM and condition management. Clinicians and care teams leverage streamlined workflows and access to
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Cedars-Sinai Establishes New Division: Artificial Intelligence in Medicine (AIM)

by Jasmine Pennic 03/01/2022 Leave a Comment

Cedars-Sinai Establishes New Division: Artificial Intelligence in Medicine

What You Should Know: - Today, the department of Cedars-Sinai announced it has established a new division to explore how artificial intelligence (AI) can be applied to help solve complex medical problems and enhance clinical care. - The new division, Artificial Intelligence in Medicine, or AIM will be led by Sumeet Chugh, MD, an associate director of the Smidt Heart Institute and a prominent expert in sudden cardiac arrest, who has long relied on technology and population-wide data to help
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GTCR Acquires Majority Stake in Experity to Drive On-Demand Care

by Jasmine Pennic 03/01/2022 Leave a Comment

DocuTAP and Practice Velocity Merge to Form Experity

What You Should Know: - Experity, the national leader in on-demand care solutions, today announced a strategic growth investment from GTCR, a private equity firm with significant experience in healthcare technology and services. Existing investor Warburg Pincus will retain a minority interest in the company - The strategic growth investment from GTCR, along with the combined capability of two world-class investors (including Warburg Pincus) will provide industry-leading innovation and
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Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

by Jasmine Pennic 02/28/2022 Leave a Comment

Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

What You Should Know: - Butterfly Network today launched Butterfly Blueprint, a system-wide platform that supports scaled deployment of ultrasound across hospitals and health systems. - Blueprint integrates ultrasound information into health systems’ clinical and administrative systems and workflows. That means clinicians across all disciplines now have a tool that allows them to see and know results sooner to drive better care
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