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Jasmine Pennic | HIT Consultant

Otsuka Precision Health Launches: Personalized Care Powered by AI and Digital Solutions

by Jasmine Pennic 05/06/2024 Leave a Comment

Otsuka Precision Health Launches: Personalized Care Powered by AI and Digital Solutions

What You Should Know:  - Otsuka America, Inc. (OAI) today announced the formation of Otsuka Precision Health (OPH), a new subsidiary dedicated to transforming patient care through innovative digital solutions and a data-driven approach. - OPH will leverage cutting-edge technology, including artificial intelligence (AI) and digital therapeutics, to personalize patient care journeys across various conditions, from mental health to nephrology. A Patient-Centric Approach Powered by
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FemTech: Nuvo Goes Public to Expand Remote Pregnancy Monitoring

by Jasmine Pennic 05/06/2024 Leave a Comment

FemTech: Nuvo Goes Public to Expand Remote Pregnancy Monitoring

What You Should Know: - Nuvo Group D.G. Ltd. (NASDAQ: NUVO) ("Nuvo"), a leader in remote pregnancy monitoring, today announced the successful completion of its business combination with LAMF Global Ventures Corp. I (NASDAQ: LGVC, LGVCU, LGVCW) ("LAMF"), a publicly traded special purpose acquisition company (SPAC). - As part of the business combination, Nuvo will retain its name and existing management team, trading on the NASDAQ under the ticker symbol "NUVO" starting May 2nd,
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Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

by Jasmine Pennic 05/03/2024 Leave a Comment

Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

What You Should Know: - BioPhy, an AI drug development company, and Every Cure, a non-profit dedicated to unlocking the potential of existing drugs for new uses, today announced a strategic partnership to revolutionize drug repurposing through artificial intelligence (AI). - The partnership follows Every Cure's recent funding from the Advanced Research Projects Agency for Health (ARPA-H). A successful pilot using AI led to the identification of potential treatments for diseases like sickle
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Contexture and QHN Partner to Strengthen Health Information Exchange in Colorado

by Jasmine Pennic 05/03/2024 Leave a Comment

Contexture and QHN Partner to Strengthen Health Information Exchange in Colorado

What You Should Know: - Contexture and Quality Health Network (QHN) announced today their official affiliation, creating a unified force for health information exchange (HIE) across Colorado.  - The strategic move strengthens collaboration and expands resources for healthcare providers in the state. Combining Expertise for Enhanced HIE This affiliation brings together staff, technology, and operations of both organizations under the Contexture umbrella. Contexture, already the
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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise

by Jasmine Pennic 05/02/2024 Leave a Comment

What You Should Know: - Intermountain Health, a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications' Dragon® Ambient eXperience™ (DAX™) Copilot, a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens. - Intermountain Health emphasizes the responsible development and application of AI technology. DAX Copilot incorporates Microsoft's responsible AI
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M&A: Avel eCare acquires Horizon Virtual

by Jasmine Pennic 05/02/2024 Leave a Comment

Avel eCare acquires Horizon Virtual

What You Should Know: - Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, continues its aggressive growth strategy with the acquisition of Horizon Virtual, a Minnesota-based virtual hospitalist services provider.  - This acquisition builds upon Avel's previous expansion, including the January 2023 acquisition of remote pharmacy services provider NightWatch. Today, Avel serves hundreds of customers across the country with a comprehensive suite
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Ro Unveils Vertically Integrated Platform for Seamless Patient Care

by Jasmine Pennic 05/02/2024 Leave a Comment

Ro Unveils Vertically Integrated Platform for Seamless Patient Care

What You Should Know:  - Ro, the leading direct-to-patient healthcare company, unveils ro.OS, a technology platform designed to transform the healthcare experience.  - This comprehensive system, in development for over six years, vertically integrates telehealth, lab services, and pharmacy operations, creating a seamless and high-quality care journey for millions of patients. ro.OS: Empowering Patients and Providers ro.OS goes beyond simply connecting healthcare services. It
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M&A: Aledade Acquires Michigan’s Medical Advantage

by Jasmine Pennic 05/01/2024 Leave a Comment

M&A: Aledade Acquires Michigan's Medical Advantage

What You Should Know:  - Aledade, the nation's leading network of independent primary care practices, announced today the acquisition of Michigan-based Medical Advantage.  - This strategic acquisition further solidifies Aledade's position as the preeminent Accountable Care Organization (ACO) network and a driving force in value-based care. Expanding Physician Partnerships in Michigan The acquisition significantly expands Aledade's network in Michigan, bringing the number of
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AI Model Predicts Heart Disease and Heart Failure, Identifies $1.4B in Potential Savings

by Jasmine Pennic 05/01/2024 Leave a Comment

AI Model Predicts Heart Disease and Heart Failure, Identifies $1.4B in Potential Savings

What You Should Know: - Cedar Gate Technologies (Cedar Gate), a leader in value-based care technology, announced today the potential for significant healthcare cost savings through early identification of at-risk patients. - An analysis of their national Healthcare Benchmark Database, encompassing nearly 13 million member lives, revealed a staggering $1.4 billion in potential savings. Machine Learning for Early Disease Detection Cedar Gate's platform leverages machine learning
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Caris and COTA Partner to Expand Cancer Care with AI-Powered RWD Platform

by Jasmine Pennic 04/30/2024 Leave a Comment

Caris and COTA Partner to Expand Cancer Care with AI-Powered RWD Platform

What You Should Know:  - Caris Life Sciences (Caris), a leader in AI-powered precision medicine, and COTA, Inc., a real-world data (RWD) and analytics expert, announced a strategic collaboration today. - The strategic partnership aims to revolutionize cancer treatment development and patient care by leveraging a powerful combination of data: Caris' extensive molecular data and COTA's real-world patient information. Real-World Data Fusion for Precision Medicine This collaboration
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