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Jasmine Pennic | HIT Consultant

axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution

by Jasmine Pennic 09/30/2021 Leave a Comment

axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution

- Wayspring, formerly axialHealthcare, announced today its new name and a $75M investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and existing investors Highmark Ventures, .406 Ventures, the Blue Venture Fund, and Oak HC/FT.  Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder (SUD).  - Using data analytics to drive high-touch, high-impact outreach to the most at-risk
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UltraSight, GE Healthcare Partner to Bring Wireless Cardiac Point of Care Ultrasound

by Jasmine Pennic 09/30/2021 Leave a Comment

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know:  - Today UltraSight, a digital health pioneer, announced a new partnership with GE Healthcare that will bring AI-assisted wireless, cardiac ultrasound to space. They will conduct a study aboard the upcoming Axiom ‘Rakia’ space mission and record images of an astronaut’s heart in microgravity, using UltraSight’s real-time AI guidance software and GE Healthcare’s handheld GE Vscan AirTM. - The goal of this study is to prove how easy it is to acquire accurate
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Augmedix Partners with Google Cloud to Rehumanize the Patient-Clinician Interaction

by Jasmine Pennic 09/29/2021 Leave a Comment

Augmedix Partners with Google Cloud to Rehumanize the Patient-Clinician Interaction

What You Should Know: - Augmedix, Inc., a provider of virtual medical documentation and live clinical support, today announced that it has partnered with Google Cloud to optimize and integrate automated speech recognition (“ASR”) technology for use in real-world clinical settings. ASR technology is a critical component in the Augmedix technology stack, and Augmedix is now integrating Google Cloud Speech-to-Text into its Notebuilder technology platform, which provides natural language
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TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

by Jasmine Pennic 09/29/2021 Leave a Comment

TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

What You Should Know: – TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced it has raised an additional $5M of funding, increasing the overall investment to $25 million. The new strategic investors, American Cancer Society’s impact investment fund, BrightEdge, OSF Healthcare’s corporate investment arm, OSF Ventures, and Citi via their Citi Impact Fund, seek to reduce medical costs through TailorMed’s platform across all treatments and
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Membersy Raises $66M for Dental Subscription Management/Billing Platform

by Jasmine Pennic 09/28/2021 Leave a Comment

Membersy Raises $66M for Dental Subscription Management/Billing Platform

What You Should Know: - membersy, the digital health company democratizing access to quality dental care through subscription-based dentistry, today announced it has raised $66 million from Spectrum Equity. The growth-investment coincides with several board member additions that will help guide the company as it reorients the dental industry's existing payment methodologies, empowering DSOs to engage and support their communities with subscription-based payment options and competitive pricing
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Unity Health to Deploy Meditech Expanse Platform Across Network

by Jasmine Pennic 09/28/2021 Leave a Comment

Unity Health to Deploy Meditech Expanse Platform Across Network

What You Should Know: - Unity Health, the leading healthcare provider in an eight-county area, is pleased to announce they have chosen to implement MEDITECH Expanse across their entire organization. - In addition, Unity Health will implement MEDITECH Expanse Oncology to expand and optimize their cancer treatment offerings with evidence-based plans that support multidisciplinary ordering. To maximize ROI, Unify Health will leverage MEDITECH Professional Services to complement the
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Grand Rounds Health, Doctor on Demand Launch Coalition to Address Health Disparities in the Black Community

by Jasmine Pennic 09/27/2021 Leave a Comment

Grand Rounds Health, Doctor on Demand Launch Coalition to Address Health Disparities in the Black Community

What You Should Know: - Grand Rounds Health and Doctor On Demand, the leader in integrated virtual care and navigation, today announced a solution designed to help remove barriers to care for the Black community. Developed using insights from an innovation coalition of Global and Fortune 500 companies, the product will be the first dedicated care concierge and healthcare navigation platform focused on improving the healthcare experience and advancing health equity for Black Americans. The
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Socially Determined, DataGen Partner to Bring SDoH Insights to Hospitals and Health Systems

by Jasmine Pennic 09/27/2021 Leave a Comment

What You Should Know: - Socially Determined, the Social Risk Intelligence™ company for organizations committed to addressing the social determinants of health, today announced it has entered into a strategic partnership with DataGen, the healthcare analytics company that 48 state hospital associations, and their members, trust to deliver insights on payment policy changes, value-based programs and market dynamics. Through this partnership, Socially Determined will enrich the insights and
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NANI Makes Equity Investment in Strive Health for Risk Payment

by Jasmine Pennic 09/22/2021 Leave a Comment

NANI Makes Equity Investment in Strive Health for Risk Payment

What You Should Know: - Strive Health, the national leader in value-based kidney care, and Nephrology Associates of Northern Illinois and Northern Indiana (NANI), the nation’s largest independent nephrology group, today announced a strategic partnership to jointly pursue and manage global risk payment models. - This partnership will benefit people with chronic kidney disease (CKD) and end stage kidney disease (ESKD) through a “whole patient” approach that enhances lives and communities
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NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

by Jasmine Pennic 09/22/2021 Leave a Comment

NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

What You Should Know:  -NOCD, a Chicago-based provider of obsessive compulsive-disorder (OCD) treatment raises $33M in Series B funding led by F-Prime Capital, with Eight Roads Ventures, and Kaiser Permanente Ventures participating along with existing investors including 7wireVentures, Health Enterprise Partners (HEP), and Chicago Ventures. - The funds will be used to expand NOCD’s community, reach people earlier in their treatment journey, and offer additional services to assist with
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