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Jasmine Pennic | HIT Consultant

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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Nanox Acquires Medical Imaging Platform Zebra Medical Vision for $200M

by Jasmine Pennic 08/10/2021 Leave a Comment

Nanox Acquires Medical Imaging Platform Zebra Medical Vision for $200M

What You Should Know: -   Nanox, the innovative medical imaging company, today announced the acquisition of Zebra Medical Vision, the deep-learning medical imaging analytics company. - In a deal valued at up to $200M, the medical imaging pioneers will leverage Zebra-Med’s industry-leading team, cutting-edge AI technology, and cloud capabilities, and unprecedented regulatory framework to form the next-generation Medtech juggernaut. - Nanox also announced today that it has
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ConsenSys Health Acquires FHIRBlocks to Enable Control of Their Confidential Health Data

by Jasmine Pennic 08/10/2021 Leave a Comment

ConsenSys Health Acquirea FHIRBlocks to Enable Control of Their Confidential Health Data

What You Should Know: ConsenSys Health, a Las Vegas-based provider delivering next-generation infrastructure for healthcare and life sciences, today agreed to acquire FHIRBlocks, an innovative developer of advanced solutions to support self-sovereign patient-directed fine-grained sharing of their protected personal health information. - The acquisition includes the transfer of FHIRBlocks’ technological and other IP, as well as key executives and staff, business activities, and
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Raintree Systems Mourns the Passing of its CEO, Richard Welty

by Jasmine Pennic 08/10/2021 Leave a Comment

Raintree Systems Mourns the Passing of its CEO, Richard Welty

What You Should Know: - Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company's Founder and CEO, Richard Welty. The company is mourning this loss and extends our condolences to his wife, their children, and the entire Welty family. - Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.  "Richard was full of
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