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Jasmine Pennic | HIT Consultant

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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M&A: Healthcare Data Startup H1 Acquires Carevoyance

by Jasmine Pennic 08/09/2021 Leave a Comment

M&A: Healthcare Data Startup H1 Acquires Carevoyance

What You Should Know: - H1, a global healthcare platform that connects healthcare professionals has acquired Portland, Oregon based Carevoyance, which offers ​​the best targeting, sales enablement, and physician segmentation platform to medical device sellers. Financial details of the acquisition were not disclosed. - The acquisition enables H1 to expand its presence in the medical device market, and allows Carevoyance - which will continue to operate independently, as a subsidiary of H1 -
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GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution

by Jasmine Pennic 08/09/2021 Leave a Comment

GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution

What You Should Know: - GE Healthcare unveils its next-generation, cloud-based Picture Archive and Communication System (PACS) designed to address the acute shortage of radiologists and growing demand for imaging scans has put radiology departments under increased strain. Edison True PACS is a transformative system, offering AI-enabled decision support to help radiologists adapt to higher workloads and increased exam complexity, and improve diagnostic accuracy. - Through a web-based
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Tegria, Cedar Partner to Humanize the Patient Financial Experience

by Jasmine Pennic 08/06/2021 Leave a Comment

Tegria, Cedar Partner to Humanize the Patient Financial Experience

What You Should Know: - Tegria, a Seattle-based healthcare technology, and services company, and Cedar, a New York City-based healthcare financial technology platform, announced the formation of a strategic partnership. The partnership will bring Cedar's consumer-facing financial engagement platform to Tegria customers and deliver Tegria's robust revenue cycle management expertise to Cedar's extensive client base, enabling a seamless, intuitive, and dependable financial experience for both
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Colgate Taps Verily’s Baseline Platform for Oral Health Research

by Jasmine Pennic 08/06/2021 Leave a Comment

Colgate Taps Verily’s Baseline Platform for Oral Health Research

What You Should Know: - Verily and Colgate, today announce a new oral health study as part of Verily’s ongoing Baseline Health Study that will aim to improve understanding of the connections between oral health and overall human health. The study will assess how oral health practices affect health more broadly. - The study’s goal is to see how oral health practices, including intensive non-surgical periodontal therapy, as well as a robust Colgate home oral hygiene regimen monitored through
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Relatient Merges with Patient Access Platform Radix Health, Raises $100M+

by Jasmine Pennic 08/05/2021 Leave a Comment

Relatient Merges with Patient Access Platform Radix Health, Raises $100M+

- Today, Relatient, Inc., the leading SaaS-based, patient engagement platform, announced the signing of a definitive agreement to merge with Radix Health, a data-driven platform that helps medical practices and hospital groups optimize scheduling, patient access, and self-scheduling. Financial terms of the merger were not disclosed. - In addition, Relatient has raised $100+ million of additional growth equity capital from its existing investor, Brighton Park Capital, and its affiliates. -
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