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Jasmine Pennic | HIT Consultant

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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Northwell Health Offers COVID-19 Screening Chat for NY Schools and Employers

by Jasmine Pennic 12/03/2020 Leave a Comment

Northwell Health Offers COVID-19 Screening Chat for NY Schools and Employers

What You Should Know: - Northwell Health announced that its Northwell Direct unit, which works with large employers, will be offering Conversa HealthCheck to screen employees, customers, students, and visitors. - HealthCheck is a quick, chat-based electronic screening for symptoms and signs of exposure to COVID-19. If cleared, users receive a digital "badge" that allows entry to a facility. If not cleared, they are given additional information on staying home and steps for testing
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Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

by Jasmine Pennic 12/03/2020 Leave a Comment

Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

What You Should Know: - Brigham is working with Biofourmis on a national rollout of their co-developed technology solution, which has been refined and scaled for use by other healthcare systems across the country seeking to establish and execute similar home hospital programs to alleviate COVID-related capacity issues and to receive 1:1 parity on payments from CMS. - The Hospital@HomeTM platform provides a turnkey, end-to-end ecosystem for any health system that wants to quickly launch
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HHS Taps CVS Health for Pilot to Administer COVID-19 Therapy to Patients At Home & Long-Term Care Facilities

by Jasmine Pennic 12/02/2020 Leave a Comment

HHS Taps CVS Health for Pilot to Administer COVID-19 Therapy to Patients At Home & Long-Term Care Facilities

What You Should Know: - Today, CVS Health was selected by HHS, as part of Operation Warp Speed, to pilot the administration of a limited supply of bamlanivimab, a monoclonal antibody therapy, with eligible COVID-19 patients at-risk of severe infection or complications resulting from the virus. - Under this pilot, Coram, the specialty pharmacy and infusion care business of CVS Health, will administer the intravenous therapy in patients’ homes or long-term care facilities to help meet the
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M&A: TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

by Jasmine Pennic 12/02/2020 Leave a Comment

TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

What You Should Know: - TRIMEDX announced the acquisition of Centurion Service Group, a full-service medical equipment re-seller, to expand its Clinical Asset Management offering. - The added capabilities of Centurion will allow TRIMEDX clients to gain maximum value from their excess medical equipment through Centurion auction services, positively impacting operational expenses, maximizing resources to improve patient care, etc. TRIMEDX, a provider of clinical engineering, medical
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Healthcare M&A: DAS Health Acquires Randall Technology Services

by Jasmine Pennic 12/01/2020 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

What You Should Know: - DAS Health Ventures acquires healthcare and managed IT company Randall Technology Services (RandallTech). - This acquisition adds Allscripts® PM and EHR solutions to the DAS portfolio of supported products, and DAS Health has now added additional staff in Texas that will create opportunities for greater regional support of its entire solutions portfolio. DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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Microsoft’s Venture Fund Invests in Andor Health’s Virtual Health Platform

by Jasmine Pennic 11/30/2020 Leave a Comment

Microsoft’s Venture Fund Invests in Andor Health’s Virtual Health Platform

What You Should Know: - M12, Microsoft’s venture fund invests in Andor Health’s AI-driven virtual health platform. - The funds will be used for accelerating sales and marketing by expanding into new markets beyond the U.S.  Additionally, the funds will be leveraged for investing in enhanced R&D engineering.    Andor Health, the company that harnesses machine and human intelligence to change the way care teams connect and collaborate, announced a
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Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

by Jasmine Pennic 11/30/2020 Leave a Comment

Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

What You Should Know: - Philips partners with CyberMDX, a leader in connected medical device security, to provide vendor-neutral solutions to protect connected medical systems and devices. Philips, today announced the introduction of the Philips Cybersecurity Services for seamlessly integrating and enhancing strategic security solutions for Philips customers. The Philips Cybersecurity Services comprise an end-to-end suite of technologies and services to
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Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO

by Jasmine Pennic 11/25/2020 Leave a Comment

Israeli Digital Health Company G Medical Innovations Withdraws $30M US IPO

What You Should Know: - Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. - The company originally filed an IPO to raise $30 million by offering 5 million shares at a price range of $5 to $7 last month to list on the Nasdaq under the symbol GMVD. - The recent withdrawal marks the company's second attempt to go public in the US, previously filing in May 2019 and withdrawing the following August. The company
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