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Jasmine Pennic | HIT Consultant

Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation

by Jasmine Pennic 08/17/2021 Leave a Comment

Maven Raises $45M to Expand On-Demand Virtual Care for Women’s & Family Health

What You Should Know: - Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor in its Series D round. - This brings Maven’s total funding to more than $200M at a valuation north of $1B-- making them the only unicorn in women’s and
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Prisma Health Taps TytoCare to Expand its Telehealth Offerings

by Jasmine Pennic 08/17/2021 Leave a Comment

Prisma Health Taps TytoCare to Expand its Telehealth Offerings

What You Should Know: - TytoCare has partnered with Prisma Health, the largest healthcare system in South Carolina, to expand its telehealth offerings. - The integration of TytoCare into Prisma Health’s current virtual care offering will allow the health system to diagnose and treat patients remotely with in-depth, physical examinations during video visits. Prisma Health is utilizing TytoCare for its federally funded post-COVID-19 disaster relief program, for professional use in schools,
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Eko Launches Next Generation DUO ECG + Digital Stethoscope for Frontline Clinicians

by Jasmine Pennic 08/16/2021 Leave a Comment

Eko Launches Next Generation DUO ECG + Digital Stethoscope for Frontline Clinicians

What You Should Know: - Eko, a cardiopulmonary digital health company launches its next-generation Eko DUO, an FDA-cleared cardiac assessment tool that functions as an electrocardiogram (ECG) and digital stethoscope to detect early signs of heart disease and facilitate timely care and personalized disease management. - DUO is a pocket-sized cardiac examination system for clinicians used to detect early signs of heart disease and facilitate timely care for patients in and out of the clinic.
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M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities

by Jasmine Pennic 08/16/2021 Leave a Comment

Labcorp Extends Leadership in Women’s Health With Acquisition of Ovia Health

What You Should Know:  - Labcorp has announced the acquisition of femtech startup  Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed.  - The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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Ciitizen Launches Solution to Help HIEs Comply with Info Blocking Regulation

by Jasmine Pennic 08/16/2021 Leave a Comment

Ciitizen Launches Solution to Help HIEs Comply with Info Blocking Regulation

What You Should Know: - Ciitizen, a Palo Alto, CA-based consumer healthcare technology company helping patients get full control of their medical records to access more personalized treatment options, today announced the launch of Cures Gateway, a platform for Health Information Exchanges (HIEs) to effortlessly comply with patient-initiated requests for medical records. - The Ciitizen Cures Gateway will enable records to be delivered to a personal health app selected by the patient. It is
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XpresSpa, 98point6 Partner to Provide Virtual Care to Travelers

by Jasmine Pennic 08/13/2021 Leave a Comment

XpresSpa, 98point6 Partner to Provide Virtual Care to Travelers

What You Should Know: - XpresSpa, a health and wellness company, announced an agreement with 98point6, an on-demand virtual primary care provider, to provide services for the new Treat™ Care app. - The Treat Care app will soon be available in the Apple App Store and the Google Play Store and will offer travel health and wellness content, access to board-certified health professionals, a travel wallet to store health records and more. 98point6 Overview 98point6 is an on-demand,
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Olive Selects AWS as Its Preferred Cloud Provider to Create the Internet of Healthcare

by Jasmine Pennic 08/12/2021 Leave a Comment

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

What You Should Know: - Olive, the AI healthcare company, announced today the adoption of Amazon Web Services, Inc. (AWS) as its preferred cloud provider, now leveraging AWS’s computing capabilities to improve healthcare efficiency and reduce costs for patients and organizations. - Olive’s workflow automation solution will run on AWS to connect the disparate systems used by healthcare organizations to help automate and optimize administrative tasks for healthcare providers, freeing them to
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AMA Forms External Advisory Group to Advance Equity in Healthcare Innovation

by Jasmine Pennic 08/12/2021 Leave a Comment

AMA Forms External Advisory Group to Advance Equity in Healthcare Innovation

What You Should Know: - The American Medical Association (AMA) today announced the creation of an external advisory group, the Equity and Innovation Advisory Group dedicated to advance equity in healthcare innovation. - The advisory group plans to recommend strategies that will help drive equitable resources to health solutions created by marginalized innovators and include marginalized patients’ voices in health innovation development processes – with a target of ultimately reaching a
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Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials

by Jasmine Pennic 08/11/2021 Leave a Comment

Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials

What You Should Know: - Reify Health, a Boston-based company paving the way to faster, predictable, and more accessible clinical trials, today announced it has raised $220M in a Series C funding round led by Coatue Management, joined by ICONIQ Growth and Adams Street Partners, as well as existing investors Sierra Ventures and Battery Ventures. This latest funding brings the company’s valuation to $2.2B. - Reify Health has built a new foundation for how clinical trials are run through its
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Elektra Health Raises $3.75M for Evidence-Based Menopause Care

by Jasmine Pennic 08/10/2021 Leave a Comment

Elektra Health Raises $3.75M for Evidence-Based Menopause Care

What You Should Know: - Elektra Health, a new women’s health tech company on a mission to smash the menopause taboo, is announcing $3.75M in seed funding co-led by Alexis Ohanian’s Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and notable angels including Hannah & Guy Raz, Claire Diaz-Ortiz, Jenny Fielding, and others. - With a mission to smash the menopause taboo, Elektra is the first
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