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Jasmine Pennic | HIT Consultant

Cardinal Health Acquires Specialty Networks for $1.2B, Deepens Focus on Specialty Pharma

by Jasmine Pennic 02/02/2024 Leave a Comment

Cardinal Health Acquires Specialty Networks for $1.2B, Deepens Focus on Specialty Pharma

What You Should Know: - Cardinal Health (NYSE: CAH) announced a strategic move to bolster its Specialty business with the acquisition of Specialty Networks, a multi-specialty group purchasing and practice enhancement organization, for $1.2 billion in cash. - The acquisition signifies Cardinal Health's commitment to investing in key therapeutic areas and providing innovative solutions to independent specialty providers. Specialty Networks: A Powerhouse of Clinical and Economic
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Pharmacists Step Up in 2023: Increasing Immunization Rates and Closing Healthcare Gaps

by Jasmine Pennic 02/02/2024 Leave a Comment

Pharmacists Step Up in 2023: Increasing Immunization Rates and Closing Healthcare Gaps

What You Should Know: - XiFin's pharmacy division, OmniSYS, released its 2023 CareALERTS™ data, highlighting how pharmacists are playing a crucial role in closing healthcare gaps and improving adult immunization rates. - The data, unveiled on National Pharmacist Day, underscores the need for all U.S. states to recognize pharmacists as providers of clinical services. CareALERTS: Closing the Immunization Gap Developed to increase adult and senior immunization rates, CareALERTS
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Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

by Jasmine Pennic 02/01/2024 Leave a Comment

Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

What You Should Know: - As healthcare demands rise with an aging population and growing emphasis on early disease detection, the burden on radiologists is reaching a critical point. To address this challenge, enterprise imaging AI marketplace platform CARPL has announced a $6M funding round, aiming to bridge the radiologist gap by streamlining access and integration of AI tools into clinical workflows. Navigating the Maze of AI Solutions With over 200 companies developing AI
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Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

by Jasmine Pennic 02/01/2024 Leave a Comment

Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

What You Should Know: - Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners, a leader in AI-powered solutions for reducing physician burnout and improving administrative efficiencies. - This partnership aims to empower OnPoint to accelerate its growth and impact on healthcare delivery. With the investment, Peloton representatives and Michael Clark, President of RAAPID.AI, will join OnPoint's board
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23andMe Scores FDA Clearance for Novel Cancer Immunotherapy Targeting NK Cells

by Jasmine Pennic 02/01/2024 Leave a Comment

23andMe Scores FDA Clearance for Novel Cancer Immunotherapy Targeting NK Cells

What You Should Know: - 23andMe Holding Co. (Nasdaq: ME), a genetics and biopharmaceutical company, announced The U.S. Food and Drug Administration (FDA) has cleared the investigational new drug (IND) application for 23ME-01473 (referred to as '1473), paving the way for the first human clinical trial of this promising new therapy. - With FDA clearance secured, 23andMe plans to initiate a Phase 1 clinical trial in the first half of 2024. This initial study will evaluate the safety and
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Pediatrix Deploys AI-Powered Prenatal Care with Sonio, Streamlining Workflow and Enhancing Patient Experience

by Jasmine Pennic 01/31/2024 Leave a Comment

Pediatrix Deploys AI-Powered Prenatal Care with Sonio, Streamlining Workflow and Enhancing Patient Experience

What You Should Know: - Pediatrix Medical Group, a provider of specialized healthcare for women, children, and babies in the U.S., is making waves by deploying Sonio's AI-powered prenatal care solution. - The innovative technology promises to revolutionize ultrasound workflow, improve quality assurance, and ultimately, deliver a better experience for both patients and providers. Simplifying the Complexities of Prenatal Care Traditional prenatal care workflows often involve multiple
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Specialty Pharmacy Drives 3.8% Increase in Drug Prices

by Jasmine Pennic 01/31/2024 Leave a Comment

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

What You Should Know: - Vizient, Inc., a leading healthcare performance improvement company, has released its latest Pharmacy Market Outlook, projecting a 3.8% growth in drug price inflation. - The increase is the highest since July 2019 and is attributed in part to the expanding realm of specialty pharmacy, notably the increased utilization of weight loss drugs. The report also highlights the anticipated rise in provider spending due to the expansion of gene therapies. Price of
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Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

by Jasmine Pennic 01/30/2024 Leave a Comment

Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

What You Should Know: - Atropos Health, a leader in transforming real-world clinical data into personalized insights, today announced a game-changing collaboration with Google Cloud. - The partnership optimizes Atropos' GENEVA OS platform to seamlessly integrate with Google Cloud's Healthcare Data Engine (HDE) and BigQuery, empowering healthcare systems to unlock the full potential of their data. By simplifying data access, streamlining analytics, and democratizing insights, this
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Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

by Jasmine Pennic 01/30/2024 Leave a Comment

Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

What You Should Know: - Ballad Health, a leading healthcare system in the Appalachian Highlands, is partnering with 410 Medical to bring a revolutionary device called LifeFlow to its patients. - The portable, rapid fluid delivery system promises quicker resuscitation times for patients in critical conditions like sepsis, shock, trauma, and cardiac arrest. Time is Critical in Life-Threatening Situations Traditional methods of fluid administration can take up to 10 times longer than
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Sony Tech Powers Minnesota’s Telehealth Revolution for Medicaid Patients

by Jasmine Pennic 01/29/2024 Leave a Comment

Sony Tech Powers Minnesota's Telehealth Revolution for Medicaid Patients

What You Should Know: - HealtheMed, a revolutionary public health utility startup, is empowering underserved Medicaid recipients in Minnesota to live healthier, more independent lives through its innovative Clinic@Home platform. - The hybrid digital telehealth system brings healthcare directly into people's homes, overcoming barriers like transportation limitations, appointment scarcity, and anxiety. At the heart of this impactful program lies technology, and HealtheMed has found a
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