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Jasmine Pennic | HIT Consultant

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

by Jasmine Pennic 01/15/2020 Leave a Comment

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Grand Rounds Launches Population Health Solution to Address SDoH

by Jasmine Pennic 01/15/2020 Leave a Comment

Grand Rounds Launches Population Health Solution to Address SDoH

- Grand Rounds announced the launch of Premium Navigation, the company’s new and most comprehensive population health solution to address social determinants of health (SDoH). Users now have a single entry point for all their healthcare needs, clinical and beyond.- Premium Navigation simplifies the ever-complicated healthcare experience. It connects members with their clinical care team for case management while guiding them around clinically appropriate benefits and advocacy support. Grand
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CVS: 4 Approaches to Reduce The Cost Impact of Gene Therapies

by Jasmine Pennic 01/15/2020 Leave a Comment

- While the life-changing and life-saving potential of gene therapies is tremendously exciting, finding ways to pay for these treatments is a significant challenge for families and payors.- With prices for a single treatment as high as $2 million, many employers are struggling to find ways to offer coverage without bankrupting their health plans, or even their companies.- Newly released CVS Health white paper outlines four key approaches that health plans and employers can utilize to reduce the
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Definitive Healthcare Analytics Firm PatientFinder to Expand Data Insights

by Jasmine Pennic 01/14/2020 Leave a Comment

Definitive Healthcare Analytics Firm PatientFinder to Expand Data Insights

- Definitive Healthcare acquires software analytics firm for life sciences PatientFinder to expand contextual data and insights within a business’s end-to-end commercialization effort.- With this acquisition, Definitive Healthcare will add an enormous new set of data fields through an acquisition that will dramatically change the views and analytics possible for patient care.Definitive Healthcare, a provider of data, insights, and analytics on the healthcare provider market has acquired
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Concerto HealthAI Raises $150M to Expand RWD Solutions for Precision Oncology

by Jasmine Pennic 01/14/2020 Leave a Comment

Concerto HealthAI Raises $150M to Expand RWD Solutions for Precision Oncology

- Concerto HealthAI, a provider of real-world evidence (RWE) services for precision oncology raises $150M in Series B funding led by Declaration Partners. - Series B funding will power next-generation clinical research, accelerate breakthrough therapies, and improve patient outcomes. Concerto HealthAI, a Boston, MA-based provider of Real-World Data (RWD) and enterprise AI technology solutions for Precision Oncology raised $150 million in aggregate Series B financing. The round of financing was
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Cerner Extends On-Site & Near-Site Health Center Experience with 24/7 Digital Primary Care

by Jasmine Pennic 01/13/2020 Leave a Comment

Cerner Extends On-Site & Near-Site Health Center Experience with 24/7 Digital Primary Care

- Cerner selects HealthTap to further extend healthcare experiences beyond on-site and near-site health and pharmacy centers through HealthTap’s comprehensive digital primary care, including text and video visits and searchable content written by physicians. - Cerner clients using HealthTap’s digital primary care physician network can offer their employees the ability to connect with a U.S.-based, board-certified physician 24 hours a day, seven days a week, on-demand. Cerner Corporation is
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GHX Acquires Lumere to Advance Clinically Integrated Supply Chains

by Jasmine Pennic 01/13/2020 Leave a Comment

GHX Acquires Lumere to Advance Clinically Integrated Supply Chains

- Global Healthcare Exchange (GHX) announced it has acquired Chicago-based Lumere, a provider of evidence-based data and analytics solutions that enable healthcare organizations to build clinically integrated supply chains and optimize medication formulary management. - As reimbursement models move from fee-for-service to fee-for-value, GHX believes Lumere’s capabilities will extend its value to more directly improve patient outcomes at the lowest cost by empowering customers to make
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Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

by Jasmine Pennic 01/13/2020 Leave a Comment

Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

- Arcadia, a Boston-based population health management company announces that it has received $29.5 million in Series D funding, led by Cigna Ventures. - Arcadia’s population health management technology platform Arcadia Analytics was purpose-built to support economic success under value-based care.   Population health management technology company Arcadia today announced at the 38th Annual J.P. Morgan Healthcare Conference has closed a fully-subscribed growth equity investment of $29.5M led by
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DrChrono Raises $20M to Expand EHR Platform into Larger Facilities & Specialty Practices

by Jasmine Pennic 01/13/2020 Leave a Comment

DrChrono integration with Beam Telemedicine Network_DrChrono EHR Integrates with Beam to Power Telehealth Video Consults

- DrChrono raises $20M in growth capital from ORIX Capital to expand into large practice markets and investing in the platform: EHR, Billing, RCM, Machine Learning, API software, and services. - To date, the DrChrono platform is used by thousands of physicians and has over 17.8 million patients under the care of DrChrono providers.   DrChrono Inc., the company developing the essential platform and services for modern medical practices to make care more informed, more interactive, and more
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AI-Powered Bionic Leg Offers A Glimpse Into Our Cyborg Future

by Jasmine Pennic 01/11/2020 Leave a Comment

AI-Powered Bionic Leg Offers A Glimpse Into Our Cyborg Future

The world of prosthetics is evolving quickly. It’s no question that researchers, doctors, and engineers want to design more effective robotic limbs that can help paralyzed and amputees live not only more comfortable but more normal lives. The question is - how? Prosthetics have come to life in a variety of ways, with recent evolvements looking more like a sci-fi depiction of the future. And most of this technology is designed to mimic our body and bring back the function that was lost. But
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