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Jasmine Pennic | HIT Consultant

Gates Foundation Awards Axmed $5M Grant to Boost Maternal and Child Health Procurement in Africa

by Jasmine Pennic 05/27/2025 Leave a Comment

Gates Foundation Awards Axmed $5M Grant to Boost Maternal and Child Health Procurement in Africa

What You Should Know:  - The Bill & Melinda Gates Foundation has awarded a $5M grant to Axmed, a healthcare technology company focused on transforming how lifesaving medicines are procured across Growth Markets.  - The grant, announced on May 21, 2025, during a high-level roundtable alongside the 78th World Health Assembly, will be deployed as a matching fund to enhance the procurement of maternal, newborn, and child health (MNCH) commodities in Sub-Saharan Africa through
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Mochi Health Launches Insurance-Based Plans, Expanding Access to Personalized Obesity Care with Behavioral Therapy

by Jasmine Pennic 05/27/2025 Leave a Comment

Mochi Health Launches Insurance-Based Plans, Expanding Access to Personalized Obesity Care with Behavioral Therapy

What You Should Know:  - Mochi Health, a physician-guided obesity care program, announced the launch of its new insurance-based plans.  - These expanded offerings are designed to provide more personalized treatment experiences for patients, placing a strong emphasis on comprehensive obesity care that spans all aspects of an individual's health.  - The new insurance-based plans are available as an optional upgrade to Mochi’s existing offerings. They provide patients with
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CheqUp and WeightWatchers to Enhance GLP-1 Weight Loss Journeys in UK with Integrated Support

by Jasmine Pennic 05/27/2025 Leave a Comment

CheqUp and WeightWatchers to Enhance GLP-1 Weight Loss Journeys in UK with Integrated Support

What You Should Know:  - CheqUp, one of the UK’s leading providers of GLP-1 based weight loss services, and WeightWatchers, the global leader in science-backed weight management announced a new partnership.  - The collaboration will combine the offerings of both organizations to benefit patients in the UK seeking sustainable weight loss through GLP-1 medication coupled with comprehensive behavioural support. A Holistic Approach to GLP-1 Supported Weight Loss The partnership aims
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WorkDone Secures $1.8M to Tackle EHR Documentation Errors with AI Copilot

by Jasmine Pennic 05/23/2025 Leave a Comment

WorkDone Secures $1.8M Pre-Seed Funding to Tackle EHR Documentation Errors with AI Copilot

What You Should Know:  - WorkDone, a healthcare AI startup closes $1.8M in pre-seed funding round aimed at tackling one of healthcare's most costly and persistent challenges: documentation errors in Electronic Health Records (EHRs).  - The round, which took place in April this year, saw backing from Pioneer Fund, DVC, Fjor, Ryan Chan, Eric Norman, and other notable early-stage investors. Addressing a Costly Challenge in Healthcare Documentation Inaccurate or incomplete
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VA Awards Third Option Period to Oracle Health for EHR Modernization Project

by Jasmine Pennic 05/23/2025 Leave a Comment

Verizon Inks $448.3M Veterans Affairs Contract for Mobile Devices

What You Should Know:  - The U.S. Department of Veterans Affairs (VA) announced last week it has awarded the third option period for its contract with Oracle Health to continue supporting its Federal Electronic Health Record (EHR) modernization initiative, VA News first reports.  - The award supports VA Secretary Doug Collin’s ongoing efforts to steer the EHR modernization project back on track and accelerate deployments across the enterprise. This initiative is also in line with
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Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

by HIT Consultant Interviews 05/22/2025 Leave a Comment

Reach7 CEO Talks Transforming Diabetes Care with Membership-Based Studio Clinics

Today’s landscape of diabetes care is fraught with challenges: it's a condition that's often misunderstood by both patients and the healthcare system, highly prevalent, financially burdensome and frequently mismanaged. To explore a new paradigm in addressing these issues, we're speaking with Chun Yong, the founder and CEO of Reach7 Diabetes Studios. Chun, a biomedical engineer from Georgia Tech with experience as a UX strategist at Coca-Cola, is applying his unique expertise to "reimagine how
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LifeMD Launches $299 Introductory Wegovy® Bundle for Self-Pay Patients in Collaboration with Novo Nordisk

by Jasmine Pennic 05/22/2025 Leave a Comment

LifeMD Launches $299 Introductory Wegovy® Bundle for Self-Pay Patients in Collaboration with Novo Nordisk

What You Should Know:  - LifeMD, Inc., a provider of virtual primary care services announced a limited-time $299 introductory bundle for new self-pay patients prescribed Wegovy® (semaglutide).  - The comprehensive package includes both the GLP-1 medication and access to LifeMD’s virtual weight management program. The initiative is part of LifeMD's collaboration with Novo Nordisk, announced last month, and leverages a recently completed integration with NovoCare® Pharmacy to offer
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Sequel Med Tech and Abbott to Integrate Future Glucose-Ketone Sensor with twiist™ AID System

by Jasmine Pennic 05/22/2025 Leave a Comment

Sequel Med Tech and Abbott to Integrate Future Glucose-Ketone Sensor with twiist™ AID System

What You Should Know:  - Sequel Med Tech, a company developing state-of-the-art insulin delivery technologies, announced a commercial development agreement with Abbott.  - The collaboration aims for the future integration of Sequel’s twiist™ Automated Insulin Delivery (AID) System, powered by Tidepool, with Abbott’s glucose-ketone sensor, which is currently under development. - The planned integration is designed to significantly improve outcomes for people living with type 1
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Medtronic to Separate Diabetes Business into New Standalone Company

by Jasmine Pennic 05/21/2025 Leave a Comment

Medtronic to Separate Diabetes Business into New Standalone Company

What You Should Know:  - Medtronic today announced its strategic decision to separate its Diabetes business into a new, independent, publicly traded company ("New Diabetes Company").  - The move aims to create a more focused Medtronic, with a simplified portfolio concentrated on high-margin growth markets, while simultaneously establishing a scaled, independent leader in the diabetes sector. - The separation is expected to be completed within 18 months through a series of
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Headspace Unveils AI-Powered Stratified Care Model for the Workforce

by Jasmine Pennic 05/21/2025 Leave a Comment

Headspace Unveils AI-Powered Stratified Care Model for the Workforce

What You Should Know:  - Headspace, a global leader in accessible and comprehensive mental health platforms announced the launch of its stratified care model for organizations.  - The new approach is powered by Ebb, Headspace's empathetic AI companion, and is designed to intelligently guide employees to the most appropriate level of mental health care within the Headspace ecosystem, moving beyond traditional Employee Assistance Program (EAP) models that often default to
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