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Jasmine Pennic | HIT Consultant

Femtech Startup Rosy Wellness Secures $2M for Women’s Sexual Health

by Jasmine Pennic 11/16/2021 Leave a Comment

Femtech Startup Rosy Wellness Secures $2M for Women's Sexual Health

What You Should Know:  - Femtech startup Rosy Wellness, the app changing the sex lives of women across the country, announced today it raised an additional $2 million in seed funding led by Austin-based True Wealth Ventures with additional participation from Portfolia's Femtech II Fund and Mindshift Capital. The company will use the funding to support further development of its flagship platform, grow the team, and facilitate original research in women's sexual health.  - Founder
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Florence Health Adopts Innovaccer Health Cloud to Scale R&D

by Jasmine Pennic 11/16/2021 Leave a Comment

Florence Health Adopts Innovaccer Health Cloud to Scale R&D

What You Should Know:  - Florence Health, a next-generation, fully risk-bearing, primary care provider, has partnered with Innovaccer to move its proprietary technology development to the Innovaccer Health Cloud.  - Florence, which will enter 2022 at full risk for more than 25,000 Medicare patients across multiple states and annual revenues of over $350 million, selected the Innovaccer Health Cloud after an extensive search that included all major public cloud providers. Adopting
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain

by Jasmine Pennic 11/16/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know:  - AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M. - Following
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Top 5 Digital Transformation Priorities for Healthcare Leaders

by Jasmine Pennic 11/11/2021 Leave a Comment

Top 5 Digital Transformation Priorities for Healthcare Leaders

What You Should Know: - Today Innovaccer Inc., the Health Cloud company, released the 2021 edition of “The Science of Digital Transformation in Healthcare and Why It’s Vital for Payer-Provider Collaboration.” - The survey report assessed more than 4,000 survey responses from healthcare professionals over the first six months of 2021 for their insights into healthcare organizations’ progress toward digital transformation. It also explores how cloud computing fits into payers’ and providers’
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Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

by Jasmine Pennic 11/11/2021 Leave a Comment

Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning

What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Biotech Company Nuritas Raises $45M To Scale Its Peptide Discovery Platform

by Jasmine Pennic 11/11/2021 Leave a Comment

Biotech Company Nuritas Raises $45M To Scale Its Peptide Discovery Platform

What You Should Know: - Nuritas, a biotech company that uses proprietary AI to discover plant-based actives (peptides) and make the products we consume healthier and more sustainable raises $45M in Series B funding led by Cleveland Avenue, LLC. The round also included participation from Cultivian Sandbox Ventures, VisVires New Protein, U2’s Bono and The Edge, Salesforce CEO Marc Benioff and Ali Partovi. - Founded in 2014, Nuritas’ computational approach to discovery uses
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CareDx Acquires Medication Adherence Platform MedActionPlan

by Jasmine Pennic 11/10/2021 Leave a Comment

CareDx Acquires Medication Adherence Platform MedActionPlan to Directly Support Patients with Better Adherence

What You Should Know: - CareDx, Inc. (Nasdaq: CDNA), a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired MedActionPlan®, a New Jersey-based provider of medication safety and adherence technology and patient education. - MedActionPlan programs have been proven to improve adherence, reduce healthcare costs, and increase
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Olive, ClosedLoop Integrate to Bring Predictive Analytics to Hospitals

by Jasmine Pennic 11/10/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know: - Today, healthcare automation company Olive announced their partnership with ClosedLoop, a healthcare-specific data science platform that allows hospitals to implement artificial intelligence (AI) technology. As part of the partnership, Olive will be able to leverage ClosedLoop’s technology within Olive Helps to help deliver better patient outcomes, such as reducing unplanned hospitalizations, readmission rates and hospital-acquired infections. - This partnership
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Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

by Jasmine Pennic 11/09/2021 Leave a Comment

Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

What You Should Know: - Bright HealthCare (“Bright Health”), a tech-enabled health insurance carrier, announced a new partnership with MedArrive, a healthcare platform that enables payers and providers to extend medical services into the home. Through the program, which recently kicked off in Charlotte, North Carolina, Bright Health is tapping MedArrive’s network of highly skilled EMS professionals within the community to conduct in-home preventive health visits coupled with physician-led
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Blue Cross NC Expands Telehealth Offerings with Teladoc Health

by Jasmine Pennic 11/09/2021 Leave a Comment

Blue Cross NC Expands Telehealth Offerings Through Collaboration with Teladoc Health

What You Should Know: - Blue Cross NC has announced the rollout of Teladoc Health’s full suite of virtual care services, including chronic condition management and mental health, to select Blue Cross NC employers and members. With Teladoc Health, Blue Cross NC can continue to offer more equitable access to chronic disease digital solutions regardless of physical location and work to make health care better for all North Carolinians. - Members on most Blue Cross NC individual and fully
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