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Jasmine Pennic | HIT Consultant

Nurse Staffing Shortage: 5 Policy Solutions to Address National Crisis

by Jasmine Pennic 09/02/2021 Leave a Comment

Nurse Staffing Shortage: 5 Policy Solutions to Address National Crisis

What You Should Know: - The American Nurses Association (ANA), representing the interests of the nation's 4.2 million nurses, urges the U.S. Department of Health and Human Services (HHS) to declare the current and unsustainable nurse staffing shortage facing our country a national crisis. - In a letter to HHS Secretary Xavier Becerra, ANA calls for the Administration to acknowledge and take concrete action to address the current crisis-level nurse staffing shortage that puts nurses'
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One Medical Completes Acquisition of Iora Health

by Jasmine Pennic 09/01/2021 Leave a Comment

One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A

What You Should Know: - Today, One Medical closed its acquisition of Iora Health, a value-based primary care group serving roughly 39,000 Medicare patients. Together, One Medical and Iora will extend its combined reach to provide human-centered, technology-powered care across every stage of life, with nationwide digital health coverage and a combined office footprint in 28 markets covering 120 million people or nearly 40% of the entire U.S. population. - The acquisition, taking on
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Ochsner Health Launches Fall Prevention Pilot Program to Medicare Advantage Members

by Jasmine Pennic 09/01/2021 Leave a Comment

Ochsner Accountable Care Network Saves $12.9M for Medicare Beneficiaries

What You Should Know:  - Ochsner Health and innovationOchsner (iO) have partnered with Bold, an evidence-based, digital exercise platform for older adults aimed at reducing falls and improving health outcomes. - The Bold platform is one of five interventions in the Ochsner Connected Stability pilot fall prevention and monitoring programs focused on helping Medicare Advantage members who are at the highest risk for falls. Impact of Non-Fatal Falls More than 85% of older adults
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Hoy Health Acquires Mobile Med Units Company HomeFront Health

by Jasmine Pennic 08/31/2021 Leave a Comment

Hoy Health Acquires Mobile Med Units Company HomeFront Health

What You Should Know: - Hoy Health, a bilingual digital primary care platform today announced the acquisition of HomeFront Health, a San Antonio, TX-based service-driven mobile healthcare organization that delivers frontline medical services to patients in their homes as an extension of hospital- and provider-centric care models. By harnessing the untapped resource of military-trained and field-tested veteran medics, the mobile medical units provide unparalleled in-person patient care when
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DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

by Jasmine Pennic 08/31/2021 Leave a Comment

DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

What You Should Know: - DirectTrust today announced it has acquired the assets of SAFE Identity (including Trust Framework), an industry consortium and certification body supporting identity assurance and cryptography in healthcare.  Financial details of the acquisition were not disclosed. - The acquisition substantially extends DirectTrust’s capabilities and services and is expected to enable new and expanded interoperability use cases. Post-Acquisition Plans As part of the
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Osso VR Launches VR-based Surgical Proficiency Assessment Tool

by Jasmine Pennic 08/31/2021 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR, a San Francisco, CA-based virtual reality-based surgical training company, today announced the launch the of its VR-based multimodal assessment experiences. In addition to adding this capability within its platform, Osso’s platform has also launched in multiple new languages in addition to English, including Japanese, Spanish, German and French to broaden access in the 30+ countries in which it is currently utilized. - Osso VR is the first surgical training
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FDA Clears World’s First and Only Smart Knee Implant

by Jasmine Pennic 08/31/2021 Leave a Comment

FDA Clears World’s First and Only Smart Knee Implant

What You Should Know: - Zimmer Biomet Holdings, a global medical technology leader, and Canary Medical, a medical data company, announced U.S. Food and Drug Administration (FDA) De Novo classification grant and authorization to market the tibial extension for Persona IQ®, the world's first and only smart knee cleared by the FDA for total knee replacement surgery. - Persona IQ® combines Zimmer Biomet’s proven and trusted knee implant, Persona® The Personalized Knee®, with Canary Medical’s
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Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte

by Jasmine Pennic 08/30/2021 Leave a Comment

Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte

What You Should Know:  Fresenius Medical Care (FMC) today announced its plans to invest an additional $25 million in clinical-stage biotechnology platform company Humacyte following the extension of its collaboration in June. Fresenius Medical Care acquired a stake in Humacyte in 2018 for $150M as part of a strategic partnership. Following the merger of Humacyte with a special purpose acquisition company (SPAC), FMC is increasing its position in the newly combined
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Sanas’ Accent-Matching Solution for BPOs Launches with $6M

by Jasmine Pennic 08/30/2021 Leave a Comment

Sanas' Accent-Matching Solution for BPOs Launches with $6M

What You Should Know: - Today Sanas.ai – which has been operating under stealth for a couple of years – is launching and announcing seed funding. Their AI platform for audio matches the accent of the person you're speaking with to yours with no perceptible lag time. Top venture funds investing in the company's $5.5 million seed round include Human Capital, General Catalyst, Quiet Capital, and DN Capital. Speech industry veterans joining Sanas' Board of Advisors include Wendell Brown
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MedStar Health, MercyOne, Moffitt Cancer Center, Others Double Down on Digital Transformation

by Jasmine Pennic 08/27/2021 Leave a Comment

AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets

What You Should Know: - AVIA, the nation’s leading healthcare innovation network, today announced that the following six new health system Members joined the AVIA Network to accelerate their digital strategies and advance digital capabilities: Lee Health, LifeBridge Health, MedStar Health, MercyOne,   Moffitt Cancer Center, Multicare. Additionally, AVIA had a record of 100% plus renewal rate from
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