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Jasmine Pennic | HIT Consultant

J&J Vision Receives Approval for New Kid Contact Lenses for Myopia Management

by Jasmine Pennic 09/08/2021 Leave a Comment

J&J Vision Receives Approval for New Kid Contact Lenses for Myopia Management

What You Should Know: - Johnson & Johnson Vision received Health Canada approval for ACUVUE® Abiliti 1-Day Soft Therapeutic Lenses for Myopia Management, specifically designed for children 7 to 12 years old. - The announcement of Abiliti 1-Day, a daily wear, single use, disposable lens, expands the J&J Vision portfolio for treating kids with myopia. Earlier this year the FDA approved Abiliti Overnight, designed and custom fitted to reshape the cornea while sleeping.  -
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Lyra Health Launches Care Integration Solutions for Alcohol Use Disorder and Other Serious Mental Illnesses

by Jasmine Pennic 09/02/2021 Leave a Comment

Lyra Health Launches Care Integration Solutions for Alcohol Use Disorder and Other Serious Mental Illnesses

What You Should Know: - Lyra Health, a Burlingame, CA-based provider of comprehensive mental health care benefits for global employers, today announced the first technology-integrated care solutions designed to address serious mental health issues such as alcohol use disorder (AUD), suicidality, and other complex mental health diagnoses. - Traditional employee assistance programs and health plans too often don’t effectively support people with serious mental illnesses and substance use
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Nurse Staffing Shortage: 5 Policy Solutions to Address National Crisis

by Jasmine Pennic 09/02/2021 Leave a Comment

Nurse Staffing Shortage: 5 Policy Solutions to Address National Crisis

What You Should Know: - The American Nurses Association (ANA), representing the interests of the nation's 4.2 million nurses, urges the U.S. Department of Health and Human Services (HHS) to declare the current and unsustainable nurse staffing shortage facing our country a national crisis. - In a letter to HHS Secretary Xavier Becerra, ANA calls for the Administration to acknowledge and take concrete action to address the current crisis-level nurse staffing shortage that puts nurses'
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One Medical Completes Acquisition of Iora Health

by Jasmine Pennic 09/01/2021 Leave a Comment

One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A

What You Should Know: - Today, One Medical closed its acquisition of Iora Health, a value-based primary care group serving roughly 39,000 Medicare patients. Together, One Medical and Iora will extend its combined reach to provide human-centered, technology-powered care across every stage of life, with nationwide digital health coverage and a combined office footprint in 28 markets covering 120 million people or nearly 40% of the entire U.S. population. - The acquisition, taking on
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Ochsner Health Launches Fall Prevention Pilot Program to Medicare Advantage Members

by Jasmine Pennic 09/01/2021 Leave a Comment

Ochsner Accountable Care Network Saves $12.9M for Medicare Beneficiaries

What You Should Know:  - Ochsner Health and innovationOchsner (iO) have partnered with Bold, an evidence-based, digital exercise platform for older adults aimed at reducing falls and improving health outcomes. - The Bold platform is one of five interventions in the Ochsner Connected Stability pilot fall prevention and monitoring programs focused on helping Medicare Advantage members who are at the highest risk for falls. Impact of Non-Fatal Falls More than 85% of older adults
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Hoy Health Acquires Mobile Med Units Company HomeFront Health

by Jasmine Pennic 08/31/2021 Leave a Comment

Hoy Health Acquires Mobile Med Units Company HomeFront Health

What You Should Know: - Hoy Health, a bilingual digital primary care platform today announced the acquisition of HomeFront Health, a San Antonio, TX-based service-driven mobile healthcare organization that delivers frontline medical services to patients in their homes as an extension of hospital- and provider-centric care models. By harnessing the untapped resource of military-trained and field-tested veteran medics, the mobile medical units provide unparalleled in-person patient care when
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DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

by Jasmine Pennic 08/31/2021 Leave a Comment

DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

What You Should Know: - DirectTrust today announced it has acquired the assets of SAFE Identity (including Trust Framework), an industry consortium and certification body supporting identity assurance and cryptography in healthcare.  Financial details of the acquisition were not disclosed. - The acquisition substantially extends DirectTrust’s capabilities and services and is expected to enable new and expanded interoperability use cases. Post-Acquisition Plans As part of the
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Osso VR Launches VR-based Surgical Proficiency Assessment Tool

by Jasmine Pennic 08/31/2021 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR, a San Francisco, CA-based virtual reality-based surgical training company, today announced the launch the of its VR-based multimodal assessment experiences. In addition to adding this capability within its platform, Osso’s platform has also launched in multiple new languages in addition to English, including Japanese, Spanish, German and French to broaden access in the 30+ countries in which it is currently utilized. - Osso VR is the first surgical training
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FDA Clears World’s First and Only Smart Knee Implant

by Jasmine Pennic 08/31/2021 Leave a Comment

FDA Clears World’s First and Only Smart Knee Implant

What You Should Know: - Zimmer Biomet Holdings, a global medical technology leader, and Canary Medical, a medical data company, announced U.S. Food and Drug Administration (FDA) De Novo classification grant and authorization to market the tibial extension for Persona IQ®, the world's first and only smart knee cleared by the FDA for total knee replacement surgery. - Persona IQ® combines Zimmer Biomet’s proven and trusted knee implant, Persona® The Personalized Knee®, with Canary Medical’s
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Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte

by Jasmine Pennic 08/30/2021 Leave a Comment

Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte

What You Should Know:  Fresenius Medical Care (FMC) today announced its plans to invest an additional $25 million in clinical-stage biotechnology platform company Humacyte following the extension of its collaboration in June. Fresenius Medical Care acquired a stake in Humacyte in 2018 for $150M as part of a strategic partnership. Following the merger of Humacyte with a special purpose acquisition company (SPAC), FMC is increasing its position in the newly combined
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