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Jasmine Pennic | HIT Consultant

Bioniq Secures $15M to Expand AI-Driven Personalized Supplements Globally

by Jasmine Pennic 07/16/2024 Leave a Comment

Bioniq Secures $15M to Expand AI-Driven Personalized Supplements Globally

What You Should Know:  - Bioniq, the leading provider of personalized supplements based on blood biomarker data, raises $15M Series B funding led by prominent European venture capitalists HV Capital and Unbound, reaching a valuation of $75M.  - The fresh capital will be used to propel Bioniq's global market dominance and disrupt the traditional dietary supplements industry. Personalized Supplements Driving Growth Bioniq's data-driven approach to personalized health
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NetSfere Integrates with Microsoft Nuance’s Dragon Medical Speech Recognition

by Jasmine Pennic 07/16/2024 Leave a Comment

NetSfere, a provider of secure messaging solutions, announced it is integrating its secure message platform with Microsoft Nuance’s Dragon Medical speech recognition.

What You Should Know:  - Healthcare professionals face a constant challenge: balancing efficient communication with patient privacy and regulatory compliance. Today, NetSfere, a provider of secure messaging solutions, announced it is integrating its secure message platform with Microsoft Nuance’s Dragon Medical speech recognition.  - Doctors, nurses, and frontline workers can now communicate using industry-specific jargon – anatomical terms, medications, procedures – all
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Missouri DHSS to Leverage HIMSS Digital Health Indicator for Transformation

by Jasmine Pennic 07/15/2024 Leave a Comment

Missouri DHSS to Leverage HIMSS Digital Health Indicator for Transformation

What You Should Know:  - The Missouri Department of Health and Senior Services (DHSS) is taking a leap forward in digital health transformation by partnering with Guidehouse and the Healthcare Information and Management Systems Society (HIMSS) to assess the current state of its public health data infrastructure.  - This strategic initiative, funded by the Centers for Disease Control and Prevention (CDC), marks the first time the HIMSS Digital Health Indicator (DHI) will be used
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CMS Proposed Rule for CY 2025 Medicare Physician Fee Schedule

by Jasmine Pennic 07/15/2024 Leave a Comment

CMS Finalizes New Interoperability and Prior Authorization Rule

- The Centers for Medicare & Medicaid Services (CMS) released a proposed rule outlining changes to Medicare payments under the Physician Fee Schedule (PFS) for services furnished and other Medicare Part B issues on or after January 1, 2025.  - The calendar year (CY) 2025 PFS proposed rule is one of several proposed rules that reflect a broader Administration-wide strategy to create a more equitable healthcare system that results in better accessibility, quality, affordability,
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PE Firm Acquires Healthcare MSP Provider Medicus IT

by Jasmine Pennic 07/12/2024 Leave a Comment

PE Firm Acquires Healthcare MSP Provider Medicus IT

What You Should Know:  - FFL Partners ("FFL"), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed. - The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company's ability
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Bluesight Diversion Trends Report Reveals $38M Lost to Drug Waste

by Jasmine Pennic 07/11/2024 Leave a Comment

Bluesight Diversion Trends Report Reveals $38M Lost to Drug Waste

What You Should Know:  - Bluesight, a provider of medication intelligence solutions, released its 2024 Diversion Trends Report, offering valuable insights for healthcare providers to improve controlled substance monitoring and patient safety. - The report demonstrates progress in healthcare's fight against controlled substance diversion. However, the data also highlights areas for continued improvement, particularly in waste management and medication documentation.  The report
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Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements

by Jasmine Pennic 07/11/2024 Leave a Comment

Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements

What You Should Know:  - Oracle announced significant updates to its Argus and Safety One Intake solutions, bolstering its pharmacovigilance portfolio with AI-powered features.  - These AI enhancements cater to the evolving needs of life science organizations, allowing them to navigate increasingly complex regulatory landscapes and manage rising adverse event caseloads. Enhanced Efficiency and Regulatory Compliance The new features prioritize efficiency and regulatory
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Alliance Health, Cityblock Partner to Deliver Integrated Care for Medicaid Members in North Carolina

by Jasmine Pennic 07/10/2024 Leave a Comment

Fidelis Care Taps Cityblock to Deliver Comprehensive Care to New Yorkers with Complex Needs

What You Should Know:  - Alliance Health, a managed care organization serving over 137,000 Medicaid beneficiaries in North Carolina, announced a new partnership with Cityblock, a value-based healthcare provider for Medicaid and dually eligible individuals.  - The strategic collaboration aims to improve access to comprehensive, integrated medical and behavioral health care for members with serious mental illness and/or substance use disorder. Serving the Most
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Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

by Jasmine Pennic 07/10/2024 Leave a Comment

Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

What You Should Know:  - Stanford Medicine is revolutionizing the way community physicians deliver care with the launch of Patients Like Mine, a suite of services designed to equip them with the data and resources needed to provide high-quality, evidence-based treatment to their patients.  - By empowering community physicians with the tools and knowledge they need, this program has the potential to revolutionize healthcare delivery, ensuring high-quality, evidence-based care for
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Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments

by Jasmine Pennic 07/09/2024 Leave a Comment

Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments

What You Should Know:  - Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.  - Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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