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Jasmine Pennic | HIT Consultant

M&A: Netsmart Acquires Netalytics to Advance SUD Solutions

by Jasmine Pennic 10/06/2023 Leave a Comment

M&A: Netsmart Acquires Netalytics to Advance SUD Solutions

What You Should Know:  - Netsmart announced it has acquired  Netalytics, a South Carolina-based addiction treatment software and practice management company, dedicated to developing technology for substance use disorder (SUD) providers focused on opioid addiction treatment.  - This acquisition will further extend the Netsmart CareFabric platform by enabling interoperable data sharing between opioid treatment program (OTP) facilities and the providers that treat and coordinate other
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FemTech: Diana Health Secures $34M to Expand Maternity Care Model

by Jasmine Pennic 10/05/2023 Leave a Comment

FemTech: Diana Health Secures $34M to Expand Maternity Care Model

What You Should Know:  - Women's health startup Diana Health raises $34M in Series B funding round led by Norwest Venture Partners. - The company plans to use the funding to expand its collaborative maternity care model that is improving patient care outcomes and delivering clear ROI for hospitals and health systems who typically take a loss on their Labor & Delivery department.  Pregnancy, Gynecology, and Women’s Wellness The U.S. is facing a maternal health crisis.
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VA Awards Acentra Health $52.3M Contract for Claims Adjudication

by Jasmine Pennic 10/04/2023 Leave a Comment

VA Awards Acentra Health $52.3M Contract for Claims Adjudication

What You Should Know:  - The U.S. Department of Veterans Affairs (VA) has awarded Acentra Health (formerly CNSI) a three-year, $52.3M contract to support claims adjudication, provider access, data analytics, and visualization for its Financial Services Center (FSC).  - The FSC contract includes the implementation of healthcare claims adjudication software based on Acentra Health’s eCAMS HCE™ platform to adjudicate, process and prepare for payment healthcare claims submitted by
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OM1 Launches Asthma and Chronic Rhinosinusitis Datasets to Expand RWE

by Jasmine Pennic 10/02/2023 Leave a Comment

OM1 Launches Parkinson’s Disease Real-World Datasets for Neuroscience

What You Should Know: - OM1, a real-world data, AI, and technology company with a focus on chronic diseases launches two new clinical datasets, Chronic Rhinosinusitis (CRS) and Asthma. - Both datasets are derived from longitudinal follow-ups of patients seen by specialists and focus on patient characteristics, symptoms, treatments, clinical outcomes and healthcare resource utilization. Rapidly growing, the CRS and Asthma datasets each follow approximately 500,000 patients in the U.S. -
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Catholic Medical Center Exploring Merger with HCA Healthcare

by Jasmine Pennic 09/29/2023 Leave a Comment

Catholic Medical Center Exploring Merger with HCA Healthcare

Catholic Medical Center Exploring Merger with HCA Healthcare What You Should Know:  - Catholic Medical Center (CMC) has signed a non-binding letter of intent (LOI) to explore partnership with HCA Healthcare. The discussions will evaluate a potential agreement where CMC would join HCA Healthcare. - The non-binding LOI is the first step in a well-defined and lengthy process that involves further due diligence, negotiation of final terms, and approvals. In the meantime, the excellent
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Veradigm, On Belay Health Solutions Expand Value-Based Care Solutions to More Primary Care Practices

by Jasmine Pennic 09/29/2023 Leave a Comment

Veradigm, On Belay Health Solutions Expand Value-Based Care Solutions to More Primary Care Practices

What You Should Know:  - Veradigm Inc., a provider of healthcare data and technology solutions and On Belay Health Solutions announced a strategic collaboration to support primary care providers in improving patients’ health outcomes while strengthening their practices’ financial foundation. - The shift from a fee-for-service healthcare delivery model to a value-based care model has significantly changed the way healthcare is delivered and reimbursed in the United States. Veradigm’s
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Lark Health Expands Weight Management Offerings to Support GLP-1 Needs

by Jasmine Pennic 09/28/2023 Leave a Comment

Lark Health Expands Weight Management Offerings to Support GLP-1 Needs

What You Should Know:  - Lark Health, a conversational-AI health coaching platform for managing chronic conditions expands its weight management program to include the clinical management of GLP-1s – and taking a different approach.  - These expanded offerings build upon Lark’s long and proven track record as one of the largest  diabetes prevention programs (DPP) and weight loss providers for health plans, ensuring personalized support for every member, regardless of where
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Midi Health Raises $25M for Virtual Menopause Care Clinic Led by Google Ventures

by Jasmine Pennic 09/28/2023 Leave a Comment

Midi Health Raises $25M in Virtual Menopause Care Clinic

Midi Health, a national virtual clinic offering insurance-covered personalized, telehealth treatment for women navigating midlife hormonal change raises $25M in Series A funding led by GV (Google Ventures). Investors Frederique Dame and Cathy Friedman from GV are joined by current investors Felicis, Semper Virens, Icon, 25M and Operator Collective, bringing the company's total funding raised to date to $40M. - The company will leverage the new capital to expand operations nationwide and to
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10 Secular Trends That Will Define the U.S. Healthcare System

by Jasmine Pennic 09/28/2023 Leave a Comment

10 Secular Trends That Will Define the U.S. Healthcare System

What You Should Know:  - Trilliant Health, a healthcare industry’s analytics and market research firm announced it has published its 2023 Trends Shaping the Health Economy Report. The 147-page report is a fact-based national analysis of 10 data-driven trends that will define the landscape, and subsequent challenges, for all players in the health economy.  - Previous editions of the Trends Shaping the Health Economy Report concluded that healthcare is a negative-sum game and that
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COTA Launches EHR Dataset to Advance Generative AI Models for Cancer Care

by Jasmine Pennic 09/26/2023 Leave a Comment

COTA Launches EHR Dataset to Advance Generative AI Models for Cancer Care

What You Should Know: - COTA, a real-world oncology data and analytics company announced the launch of Vista, a large-scale automated EHR dataset to accelerate cancer research and the deployment of trusted generative AI in cancer care. - Vista will provide biopharmaceutical companies with timely insights from real-world data sources to bring life-saving therapies to market faster. Vista uses automated data abstraction techniques, machine learning algorithms, and medical expert
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Health M&A: Financial Distress Driving Q3 Healthcare Deals

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GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

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UnitedHealthcare Launches No Deductible Health Plan, Surest

UnitedHealthcare Launches No Deductible Health Plan, Surest

M&A: Virgin Pulse and HealthComp Merge in $3B Deal

M&A: Virgin Pulse and HealthComp Merge in $3B Deal

Metriport Launches Open-Source API to Instantly Pull Medical Records from Any EHR

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Consumers Cite Healthcare Affordability as Biggest Concern to Paying Medical Bills

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