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Jasmine Pennic | HIT Consultant

Healthcare Data Integration Startup Bridge Connector Raises $5.5M, Following $4.5M Seed Round

by Jasmine Pennic 08/28/2018 Leave a Comment

Bridge Connector Raises $4.5M for Healthcare Data Integration Platform

Bridge Connector, a healthcare data integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations, today announced it has raised $5.5 million in Series A funding led by Axioma Ventures LLC, following a $4.5M seed round in May 2018. The latest round brings the company’s total investment to $10M in funding. The health IT startup plans to use the funding to help further expand Bridge Connector’s sales, marketing, and client-services efforts,
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MUSC and Siemens Healthineers Form Strategic Value-based Care Partnership

by Jasmine Pennic 08/27/2018 Leave a Comment

Philips Lands 8 Year, $36M Deal with MUSC Health to Transform Patient Monitoring

The Medical University of South Carolina (MUSC) and Siemens Healthineers have formed a first-of-its-kind strategic partnership to advance the quality of care in South Carolina. The value-based care partnership will capitalize on the coupling of MUSC’s clinical care, research and education expertise with Siemens Healthineers’ engineering innovations and workflow-improvement capabilities.The partnership with a focus on driving performance excellence at MUSC and generating significant clinical and
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Humana to Launch Center for Digital Health and Analytics in Boston

by Jasmine Pennic 08/27/2018 Leave a Comment

Humana to Launch Center for Digital Health and Analytics in Boston

Humana Inc. today announced it will establish a center for digital health and analytics, to be known as Humana Studio H. Located in Boston’s Seaport neighborhood, Studio H will focus on pioneering new products and services that will then be developed for use across the organization.Humana Studio H OverviewHumana has signed a lease agreement for approximately 40,000 square feet of office space on two floors at 281 Summer Street. Humana will build out the space using an open floor plan, designed
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M*Modal Advances AI Applications to Support Next-Generation EHR Workflows for Clients

by Jasmine Pennic 08/27/2018 Leave a Comment

M*Modal Will Receive Approval to Emerge From Chapter 11

M*Modal, a provider of clinical documentation and Speech Understanding™ solutions, today announced that it continues to drive speech and AI innovation for health systems to support next-generation EHR workflows and reduce the administrative burden on doctors. These solutions work independently or are deeply embedded in the EHR by leveraging M*Modal technology to improve the quality of patient care and the clinical note. The following are a few of the many foremost healthcare organizations that
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Greater Houston Healthconnect to Provide HIE Services for 12M Patients via InterSystems

by Jasmine Pennic 08/24/2018 Leave a Comment

InterSystems

Greater Houston Healthconnect announced their partnership with InterSystems HealthShare to power the region’s interoperability and care coordination initiatives. GHH, serving a total of 24 counties and 12M patients in Southeast Texas, is now able to integrate data from all EHRs in the region to enable a unified patient record which will improve care quality, patient safety, and efficiency. Longtime InterSystems partner J2 Interactive handled the migration of Greater Houston Healthconnect to
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Report: Precision Medicine Market Share to Cross $96B by 2024

by Jasmine Pennic 08/23/2018 Leave a Comment

5 Ways SmartTrials is Advancing Precision Medicine Through Genomics

The Precision Medicine Market size is set to exceed $96 billion dollars by 2024; according to a new research report by Global Market Insights. The new report reveals the rising prevalence of cancer across the globe fueling the need to develop target specific biomarkers based on the individual genetic, environmental and lifestyle factors augmenting the global precision medicine market size.Advancement in cancer biology coupled with increased funding for cancer research will fuel industry
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hc1.com Raises $10M to Expand Precision Health Platform for Value-based Care

by Jasmine Pennic 08/22/2018 Leave a Comment

hc1.com Raises $10M to Expand Precision Health Platform for Value-based Care

hc1.com, an Indianapolis, IN-based precision medicine startup, announced that existing investor Health Cloud Capital has exercised its option to provide additional growth funding, bringing the company’s total Series B capital raise to $10 million. Elevate Ventures also participated in the round. The additional capital will fund continued expansion of precision health initiatives underway at hc1, including solutions that combat the opioid crisis and optimize prescribing of other prescription
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Dicom Systems De-identifies 5.3 Million Radiology Exams

by Jasmine Pennic 08/22/2018 Leave a Comment

Dicom Systems De-identifies 5.3 Million Radiology Exams

Dicom Systems, Inc., a leader in Enterprise Imaging IT, announced the completion of a large-scale de-identification project for Hospital for Special Surgery ("HSS") in New York, the global leader in musculoskeletal health and the leading orthopedic hospital in the U.S. The HSS Global Innovation Institute, which collaborates with industry, investors, and entrepreneurs to commercialize their portfolio of technologies, has partnered with an AI company to develop algorithms targeted to address the
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Revenue Cycle Startup AxiaMed Lands $12.4M for Patient Payment Platform

by Jasmine Pennic 08/21/2018 Leave a Comment

Revenue Cycle Startup AxiaMed Rasies $12.4M for Patient Payment Platform

AxiaMed, a patient payment solution provider has raised $12.4 million in funding from Health Enterprise Partners. AxiaMed credits this investment to rapidly-increasing demand for its proven, secure, SaaS-based payment platform, Payment Fusion. Founded in 2015, AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing
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RDMD Lands $3M to Drive Patient-Accelerated Drug Development in Rare Diseases

by Jasmine Pennic 08/21/2018 Leave a Comment

RDMD Lands $3M to Drive Patient-Accelerated Drug Development in Rare Diseases

San Francisco-based RDMD, a biopharma startup dedicated to accelerating research for patients with rare diseases, announced its $3 million seed financing backed by Lux Capital and Village Global, whose network of backers include Bill Gates, Mark Zuckerberg, Jeff Bezos, and Reid Hoffman. RDMD has developed a technology platform that generates deep data insights to accelerate rare disease research and drug development, as well as a patient application that empowers patients and families to get
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