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Jasmine Pennic | HIT Consultant

Freshpaint Raises $30.7M to Expand Healthcare Privacy Platform

by Jasmine Pennic 07/17/2024 Leave a Comment

Freshpaint Raises $30.7M to Expand Healthcare Privacy Platform

What You Should Know:  - Freshpaint, a San Francisco-based Healthcare Privacy Platform raises $30.7M in Series B funding led by Threshold, with participation from SignalFire, Intel Capital, Y Combinator, Zero Prime, and additional investors. This brings Freshpaint’s total funding to $41.8M. - Freshpaint is transforming how healthcare organizations approach marketing by enabling them to leverage the full potential of digital advertising tools while strictly adhering to privacy
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RLDatix Acquires Digital Care Management Platform Carebeans

by Jasmine Pennic 07/17/2024 Leave a Comment

RLDatix Acquires Digital Care Management Platform Carebeans

What You Should Know:  - RLDatix, a global leader in connected healthcare operations software and services, has announced the acquisition of Carebeans, a UK-based provider of digital care planning and management software.  - The acquisition strengthens RLDatix’s position as a comprehensive solution for healthcare organizations, addressing critical compliance, risk, governance, and workforce management needs. Addressing Industry Challenges The acquisition comes at a time
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Seven Starling Secures $10.9M to Expand Access to Women’s Behavioral Healthcare Services

by Jasmine Pennic 07/16/2024 Leave a Comment

Seven Starling Secures $10.9M to Expand Access to Women's Mental Healthcare

- Seven Starling, a virtual provider of women's behavioral health services raises $10.9M in Series A funding led by RH Capital with participation from insiders Pear VC, Expa, Magnify Ventures, Emerson Collective, and Inflect Health, and new investors including Zeal Capital Partners, Ulu Ventures, Fiore Ventures, the March of Dimes, Rogue Venture Partners, Graham & Walker, and Wisdom Ventures.  -  The funding will ​​empower Seven Starling to expand access to critical mental
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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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