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Jasmine Pennic | HIT Consultant

Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

by Jasmine Pennic 12/10/2020 Leave a Comment

Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

What You Should Know: - Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M. - Cityblock is a care delivery trailblazer working to right the injustices of a healthcare system that cycles vulnerable communities through frequent ER visits and hospital stays. Its tech-enabled model delivers primary care, behavioral care, and social
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Scanwell Health’s FDA-Cleared, Smartphone-Enabled UTI Test Kit Now Available at Amazon

by Jasmine Pennic 12/10/2020 Leave a Comment

Scanwell Health’s FDA-Cleared, Smartphone-Enabled UTI Test Kit Now Available at Amazon

What You Should Know: - LA-based Scanwell Health announced today that its at-home UTI test kits - featuring the first FDA-cleared urinalysis app that lets people test for a UTI without having to visit a lab or doctor - is now available on Amazon.com. - The kits are priced at 3 for $15. Happy to send a graphic or answer any questions you have. Until now, the kits have been available only directly through the Scanwell Health web site. - Scanwell enables clinical-grade testing, instant
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Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts

by Jasmine Pennic 12/09/2020 Leave a Comment

Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts

What You Should Know: - Virtual maternity care platform Babyscripts announced a new round of investments from Banner Health, CU Healthcare Innovation Fund, The Froedtert & Medical College of Wisconsin Health Network, and WellSpan Health - Using internet-connected devices for remote monitoring, Babyscripts offers risk-specific experiences to allow providers to manage up to 90% of pregnancies virtually, allowing doctors to detect risk more quickly and automate elements of
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Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

by Jasmine Pennic 12/09/2020 Leave a Comment

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

What You Should Know: - Lightspeed Venture Partners, the VC behind Nest and GrubHub, is leading a $10 million round for Freespira, an FDA-cleared digital therapeutic proven to significantly reduce or eliminate panic attacks and PTSD symptoms by training users to normalize respiratory irregularities. - In 28 days, Freespira can reduce or eliminate panic attacks and PTSD symptoms from home with just a tablet, sensor, and custom app. There’s no medicine with possible side effects and no need
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Pear Therapeutics Raises $80M to Advance Prescription Digital Therapeutics

by Jasmine Pennic 12/08/2020 Leave a Comment

Pear Therapeutics Raises $80M to Advance Prescription Digital Therapeutics

What You Should Know: - Pear Therapeutics today announced that it has successfully closed an $80 million Series D financing led by SoftBank Vision Fund 2. -  Pear is the leader in prescription digital therapeutics and the first company to receive FDA authorization for a prescription digital therapeutic (PDT) to treat disease. - Pear currently has three FDA authorized therapies, reSET, reSET-O and Somryst, for substance use disorder, opioid use disorder, and chronic insomnia,
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Amazon Launches HealthLake for Healthcare Orgs to Aggregate & Structure Health Data

by Jasmine Pennic 12/08/2020 Leave a Comment

AWS Announces Amazon HealthLake

What You Should Know: - Amazon today announced the launch of Amazon HealthLake, a new HIPAA-eligible service enables healthcare organizations to store, tag, index, standardize, query, and apply machine learning to analyze data at petabyte scale in the cloud. - Cerner, Ciox Health, Konica Minolta Precision Medicine, and Orion Health among customers using Amazon HealthLake. Today at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com company today announced Amazon
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Cerner Invests in Elligo to Make Clinical Trials Accessible for Health Systems of All Sizes

by Jasmine Pennic 12/08/2020 Leave a Comment

Cerner Invests in Elligo to Make Clinical Trials Accessible for Health Systems of All Sizes

What You Should Know: - Cerner announced a strategic investment in Elligo Health Research, a leading research organization that enables clinical trials with nationwide community-based health care practices. - Cerner plans to expand the data and tools available in the Cerner Learning Health Network to offer additional clinical trial resources to community and rural hospitals and physician practices. - Financial terms of strategic investment were not disclosed. Cerner
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Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

by Jasmine Pennic 12/04/2020 Leave a Comment

Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

What You Should Know: - Innovaccer launches COVID-19 Command Center to assist healthcare organizations in optimizing their COVID-19 operations.   - The solution offers a unified information hub to manage COVID-19 resources and operations and empower teams with unprecedented visibility into their environment. Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, today announced the launch of its COVID-19 Command Center to assist healthcare organizations in
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Backed by Khosla Ventures, Rubedo Life Sciences Secures $12M for Drug Discovery Platform

by Jasmine Pennic 12/04/2020 Leave a Comment

Backed by Khosla Ventures, Rubedo Life Sciences Secures $12M for Drug Discovery Platform

What You Should Know: - Biopharma startup Rubedo Life Sciences raises $12M to develop a broad portfolio of innovative therapies engineered to target cells for chronic age-related diseases. - Rubedo’s proprietary ALEMBIC™ drug discovery platform, has generated a novel pipeline of therapeutic candidates that selectively target senescent cells, pro-inflammatory and pro-fibrotic cell populations that result from a variety of cellular stress and damage. Rubedo Life Sciences, a
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Everlywell Secures $175M to Expand Position in At-Home Testing Market

by Jasmine Pennic 12/03/2020 Leave a Comment

Everlywell Announces $175 Million Financing to Expand Consumer Lab Testing and Digital Health Offerings

What You Should Know: - Everlywell secures $175M in Series D funding to expand its virtual care offerings, scale its testing and infrastructure, drive clinical research and disease management through testing, and grow its national leadership position in the at-home testing market. - Since launching in 2016, more than one million people have used Everlywell's tests and digital platform to manage their health and wellness. As more people turn toward digital platforms for their health
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