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Jasmine Pennic | HIT Consultant

Ro Acquires Modern Fertility to Integrate With Primary Care Platform

by Jasmine Pennic 05/19/2021 Leave a Comment

Ro Acquires Modern Fertility to Integrate With Primary Care Platform

What You Should Know: - Ro, today announced the acquisition of Modern Fertility, one of the fastest growing companies in women’s health. - This acquisition, one of the largest deals in women's health tech yet, will accelerate Ro's position as a leader in women's health and bring Modern Fertility’s fertility tests and reproductive health tools to our vertically integrated primary care platform. - Like Ro's patient-centric approach, Modern Fertility makes fertility more proactive,
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MITRE Proposes a National Strategy for Digital Health

by Jasmine Pennic 05/19/2021 Leave a Comment

MITRE Proposes a National Strategy for Digital Health

What You Should Know: - MITRE has published a draft National Strategy for Digital Health that identifies a set of national priorities and guides the government and industry toward common goals. - MITRE has researched and identified candidate actions in the full version of the strategy, which leaders may consider for achieving each of these goals. Six Strategic Goals for a Healthier Population The six strategic goals MITRE has identified to revolutionize the health and well-being of
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Wellstar Health System Launches Global Digital Health And Innovation Center

by Jasmine Pennic 05/19/2021 Leave a Comment

Wellstar Health System Launches Global Digital Health And Innovation Center

What You Should Know: - Wellstar Health System has launched Catalyst by Wellstar, a global digital health and innovation center to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation. - To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15. - The first
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Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago

by Jasmine Pennic 05/18/2021 Leave a Comment

Humana Taps NowPow to Address Social Needs Medicare & Medicaid Members in Chicago

What You Should Know: - Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health. - As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
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SymphonyRM Secures $25M to Transform Providers into Member-Focused Enterprises

by Jasmine Pennic 05/18/2021 Leave a Comment

SymphonyRM Secures $25M to Transform Providers into Member-Focused Enterprises

What You Should Know: - SymphonyRM, a Palo Alto-based health IT company announced today that it has raised $25M in Series B funding. The round is led by new investment partner TT Capital Partners (TTCP) with continued investment from Adams Street Partners (Adams Street). The latest round of funding brings SymphonyRM total raised to date at $35M. - SymphonyRM is helping health systems transform how they acquire, engage, and retain patients by creating an engagement model rivaling the
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VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

by Jasmine Pennic 05/13/2021 Leave a Comment

VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

What You Should Know: - U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageMD is the largest participating sponsor. VillageMD estimates it will serve more than 56,000 patients through its growing footprint of Village Medical primary care clinics, in eight states, including Arizona, Georgia, Illinois, Indiana, Kentucky, Michigan, New Hampshire and Texas.  - This new Direct Contracting
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Perceptive Advisors Closes $515M Early-Stage Biotech Fund

by Jasmine Pennic 05/13/2021 Leave a Comment

What You Should Know: - Perceptive Advisors and biotech accelerator Xontogeny, focused on seed investment, incubation and collaboration, have raised their second venture capital fund, the Perceptive Xontogeny Ventures Fund II (PXV Fund II), totaling an over-subscribed $515 million. This more than triples Assets Under Management to more than $700M in less than two years. - The
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Bose Launches First FDA-Cleared DTC Hearing Aids

by Jasmine Pennic 05/12/2021 Leave a Comment

Bose Launches First FDA-Cleared DTC Hearing Aids

What You Should Know: - Bose is entering the digital health market launch of Bose SoundControl Hearing Aids – the first FDA-cleared, direct-to-consumer hearing aid.    - Weighing 3 grams each, the new SoundControl™ Hearing Aids are developed for adults with perceived mild to moderate hearing loss. Eight batteries are included in total, and one lasts up to four days when used 14 hours daily. They can be replaced wherever hearing aid batteries are sold and easily changed via a
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UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

by Jasmine Pennic 05/11/2021 Leave a Comment

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

What You Should Know: - UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round. - Cardiac sonography is a skill that takes years to develop.  It requires daily practice to achieve a high level of proficiency, resulting in a shortage of highly specialized professionals. UltraSight offers clinicians, with no prior sonography training, the
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Teladoc Health Launches Unified Mental Healthcare Experience

by Jasmine Pennic 05/11/2021 Leave a Comment

Teladoc Health Launches Unified Mental Healthcare Experience

What You Should Know: -  Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get the level of mental health support and care they need, when they need it. -
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