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Jasmine Pennic | HIT Consultant

M&A: IKS Health Acquires AQuity Solutions for $200M

by Jasmine Pennic 11/01/2023 Leave a Comment

M&A: IKS Health Purchases AQuity Solutions for $200M

What You Should Know:  - IKS Health, the premier global solution that revitalizes the clinician-patient relationship acquires AQuity Solutions, a tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200M. - The combined company, which will operate as IKS Health, will have annual revenues of $330+ million, as well as a global workforce of over 14,000 employees serving over 150,000 clinicians in many of
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Michigan Health Centers Losing Almost $100 With Every Visit, Report Finds

by Jasmine Pennic 11/01/2023 Leave a Comment

Michigan Health Centers Losing Almost $100 With Every Visit, Report Finds

What You Shoud Know:  - Medicaid prospective payment rate for Michigan's federally qualified health centers (FQHCs) has not kept pace with the actual costs incurred to provide healthcare, resulting in a substantial reimbursement gap of $97.95 or 36.6% on every Medicaid patient visit, according to a new report released by The Michigan Primary Care Association (MPCA).  - The report, conducted by Health Management Associates, underscores the financial challenges faced by Michigan's
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Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform

by Jasmine Pennic 10/31/2023 Leave a Comment

Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform


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HHS Proposes Rule to Establish Disincentives for Health Care Providers That Have Committed Information Blocking

by Jasmine Pennic 10/31/2023 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) released a proposed rule for public comment that would establish disincentives for healthcare providers found by the HHS Office of Inspector General (OIG) to have committed information blocking – when a provider knowingly and unreasonably interferes with the access, exchange, or use of electronic health information except as required by law or covered by a regulatory exception.  - The proposed rule
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Georgiamune and Verily Partner to Advance Novel Cancer Treatment

by Jasmine Pennic 10/26/2023 Leave a Comment

Georgiamune and Verily Partner to Advance Novel Cancer Treatment

What You Should Know: - Georgiamune, a privately held, clinical stage biotechnology company, and Verily, an Alphabet precision health technology company forms a strategic partnership to advance novel therapeutics for patients with cancer. - Through this partnership, Verily and Georgimune will focus on identifying the patient population that could potentially benefit the most from Georgiamune’s GIM-122, a first-in-class dual-functioning antibody that has the potential to help patients with
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Found Launches Generative AI Guide for Personalized Weight Guidance

by Jasmine Pennic 10/26/2023 Leave a Comment

Found Launches Generative AI Guide for Personalized Weight Guidance

What You Should Know: - Found, a medically-assisted weight loss program launches Found Assistant, a generative AI guide within the Found app that offers members the ability to ask questions and discover instant and relevant information on nutrition, movement, health habits, and more. - Found Assistant is available 24/7 to provide personalized guidance throughout members’ journeys and further support them in reaching their weight and health goals. During its soft launch in September,
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Butterfly Network, Forest Neurotech Ink $20M Agreement to Develop Brain Implantable Powered By Ultrasound Chip

by Jasmine Pennic 10/25/2023 Leave a Comment

Butterfly Network, Forest Neurotech Ink $20M Agreement to Develop Brain Implantable Powered By Ultrasound Chip

What You Should Know: - Butterfly Network, a digital health provider of chip-powered handheld ultrasound technology, and Forest Neurotech, a tech research company has signed a $20M five-year agreement to develop a first-of-its-kind, minimally invasive implantable for imaging and stimulating the brain with ultrasound, powered by Butterfly’s chip technology.  - Forest Neurotech is backed by
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Family Physicians with Value-Based Payment Models Relieve Burnout

by Jasmine Pennic 10/25/2023 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

What You Should Know: - Independent research reveals family physicians with 75% revenue derived from value-based payment models decrease burnout symptoms, according to a new study from Elation Health, and American Academy of Family Physicians (AAFP) Innovation Lab. - The goal of the study, conducted by surveying 10 primary care practices of varying sizes, was to identify specific barriers and innovations required for mainstream adoption of value-based payment (VBP) models and their
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AI Model Finds 55% of Commercially Insured Women Unlikely to Get a Mammogram

by Jasmine Pennic 10/24/2023 Leave a Comment

AI Model Finds 55% of Commercially Insured Women Unlikely to Get a Mammogram

What You Should Know: - Cedar Gate Technologies’ advanced AI analytics platform has identified that 55% of commercially insured women are unlikely to get a mammogram. Leveraging this proprietary AI, Cedar Gate evaluated nearly 2.4 million women in its national healthcare benchmark database. - The model surfaces a probability score for whether or not a woman is likely to get a mammogram based
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Prolucent Secures $4M for Healthcare Workforce Optimization

by Jasmine Pennic 10/24/2023 Leave a Comment

Prolucent Secures $4M for Healthcare Workforce Optimization

What You Should Know: - Dallas-based Prolucent, a healthcare workforce optimization company announced it has secured $4M in funding by A1 Health Ventures. Joe Greskoviak, former CEO of Press Ganey and Managing Director of A1 Health Ventures, has joined Prolucent’s Board of Directors. - The new capital will fuel Prolucent’s continued product innovation to help healthcare providers nationwide gain control of labor costs, build a better-balanced workforce, and meet the demands of a
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