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Jasmine Pennic | HIT Consultant

83% of Consumers Would Feel Safer in Hospitals with COVID-19 Contact Tracing Technology, Survey Reveals

by Jasmine Pennic 02/03/2021 Leave a Comment

83% of Consumers Would Feel Safer at Hospitals with Contact Tracing Technology, Survey Reveals

What You Should Know: - According to a new survey conducted by SwipeSense, 83% of consumers would feel safer at hospitals with COVID-19 contact tracing technology. The survey reveals 73% of consumers feel concerned or extremely concerned about hospital safety -- a 46% increase in their concern since the onset of COVID-19.  - Many hospitals still rely on manual contact tracing for COVID-19 despite this strong patient preference and the fact that antiquated manual methods to
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Highmark BCBS Expands Access to Freespira’s Digital Therapeutic to Help Treat PTSD, Panic Attacks

by Jasmine Pennic 02/03/2021 Leave a Comment

Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

What You Should Know: - Health insurer Highmark expands access to FDA-cleared digital therapeutic Freespira proven to reduce the symptoms of panic disorder and PTSD for members in Pennsylvania, Delaware and Virginia. - The announcement follows a pilot study finding that nearly 9 out of 10 patients using the solution were symptom-free after treatment. Highmark Inc., the fourth-largest Blue Cross Blue Shield-affiliated organization announced it is expanding access to Freespira’s
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Capital Rx Secures $50 Million to Redefine Prescription Pricing

by Jasmine Pennic 02/02/2021 Leave a Comment

PBM Capital Rx Secures $50 Million to Redefine Prescription Pricing

What You Should Know: - Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. - Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to expand the platform’s capabilities, including leveraging AI to improve clinical care. Capital Rx, a New York City-based pharmacy benefit manager in the U.S., announced it has raised $50 million in Series B
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Humana Taps DispatchHealth to Power Hospital-Level Care in the Home

by Jasmine Pennic 02/01/2021 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - Humana Inc. and DispatchHealth, a provider of in-home medical care, today announced an agreement to provide Humana members with access to an advanced level of care in the home – to help enhance patients’ experience and health outcomes. The Dispatch-Humana agreement is believed to be the country’s first program to provide hospital-level care involving a national payer. - The agreement will provide members living with multiple chronic conditions – such as cellulitis,
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Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

by Jasmine Pennic 02/01/2021 Leave a Comment

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

What You Should Know: - Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. - Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain
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SWORD Health Nabs $25M for Virtual Musculoskeletal Care Solution

by Jasmine Pennic 02/01/2021 Leave a Comment

SWORD Health Nabs $25M for Virtual Musculoskeletal Care Solution

What You Should Know: - SWORD Health raises $25 million in Series B to accelerate growth of its best-in-class virtual musculoskeletal care solution led by Todd Cozzens, Managing Partner at Transformation Capital and former healthcare investor at Sequoia Capital. Existing investors Khosla Ventures, Founders Fund, Green Innovations, Vesalius Biocapital and Faber also participated. The latest round brings SWORD’s cumulative fundraising to $50 million. - SWORD Health pairs licensed physical
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Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture

by Jasmine Pennic 02/01/2021 Leave a Comment

Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture

What You Should Know: - Cellino, a Cambridge, MA-based personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced the closing of a $16M Seed financing round. The round was co-led by The Engine and Khosla Ventures, with participation from Humboldt Fund and 8VC. - The company’s platform solves a time-consuming, major bottleneck of developing drugs that rely on cell therapy, having to
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Mammoth Biosciences, Agilent Partner on High-Throughput CRISPR-Based SARS-CoV-2 Diagnostic Test

by Jasmine Pennic 01/28/2021 Leave a Comment

Mammoth Biosciences, Agilent Partner on High-Throughput CRISPR-Based SARS-CoV-2 Diagnostic Test

What You Should Know: - Mammoth Biosciences, the company bringing CRISPR out of the lab to help fight COVID-19 announced a partnership with lab giant Agilent to automate and scale its CRISPR-based high throughput testing system. - Building on existing partnerships with Hamilton and Merck, this deal will help deliver a workflow capable of performing more than 4,000 COVID-19 tests per day. Mammoth Biosciences, Inc. today announced a co-marketing agreement with Agilent Technologies to
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Adventist Health to Connect 21 Hospitals to California Health Data Network

by Jasmine Pennic 01/27/2021 Leave a Comment

Adventist Health to Connect 21 Hospitals to California Health Data Network

What You Should Know:  -Adventist Health’s faith-based, nonprofit integrated health system announce it will be connecting 21 hospitals from Fort Bragg to Los Angeles and approximately 7 million patients to the California’s Manifest MedEx health information network. - Joining Manifest MedEx will give Adventist Health access to powerful data and tools to serve patients, including longitudinal health records, real-time notifications on patient hospitalizations and lab results, and data
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Cedars Sinai Launches COVID-19 Recovery Program

by Jasmine Pennic 01/26/2021 Leave a Comment

Cedars Sinai Launches COVID-19 Recovery Program

What You Should Know: - Patients in the Cedars-Sinai COVID-19 Recovery Program receive a comprehensive in-person evaluation with an expert in infectious diseases or pulmonary medicine who can refer them to a network of specialists. Cedars-Sinai, today announce the launch of the COVID-19 Recovery Program to meet the needs of a growing number of COVID-19 patients who experience lingering symptoms weeks and even months after physicians say they are virus-free. COVID-19
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