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Fred Pennic, Editor-in Chief | HIT Consultant

Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant.

Fred Pennic

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Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant. Fred is a seasoned health IT strategist with fourteen years of experience in providing advisory services to executive leadership at hospitals and health systems. Some of his previous clients include Mayo Clinic, Stanford Hospital and Health Clinics, Northwell Health, Trinity Health.

Innovaccer Reaches $1.3B Valuation, Launches Health Cloud Platform

by Fred Pennic 02/24/2021 Leave a Comment

Innovaccer Raises Series D at $1.3 Billion Valuation, Launches Innovaccer Health Cloud to Power the Future of Health

What You Should Know: - Innovaccer closes Series D round of growth capital bringing Innovaccer at a total valuation of $1.3 billion. - In addition, the company has launched the Innovaccer Health Cloud, a platform as a service that combines the company’s Data Activation Platform and application suite with an extensive set of platform services and tools that allow customers and partners to easily develop interoperable applications that improve patient outcomes and lower
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Emory Healthcare Taps Rimidi to Create FHIR-Based Apps for Orthopedic Surgery and Deep Brain Stimulation

by Fred Pennic 02/23/2021 Leave a Comment

Emory Healthcare Taps Rimidi to Create FHIR-Based Apps FHIR-based Apps for Orthopedic Surgery and Deep Brain Stimulation

What You Should Know: - Rimidi, a cloud-based software platform that enables personalized management of health conditions across populations, today announced a strategic collaboration with Emory Healthcare to develop new patient and provider-facing FHIR  apps. - Specifically, the apps will create a more collaborative and transparent experience for patients undergoing orthopedic surgery, as well as for those referred to the deep brain stimulation (DBS) program for Parkinson’s and other
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Microsoft, UCB Launch Collaboration to Accelerate Drug Discovery and Development

by Fred Pennic 02/23/2021 Leave a Comment

Microsoft, UCB Launch Collaboration to Accelerate Drug Discovery and Development

What You Should Know: - Global biopharma company UCB and Microsoft announced today a new, multi-year strategic collaboration to advance UCB’s digital transformation, change the way care is delivered, and accelerate better outcomes for people living with severe diseases. - The partnership builds on the companies’ joint work as part of the COVID Moonshot project which sought to create an orally bioavailable anti-viral for COVID-19. During the project, UCB completed six
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DrChrono’s Open FHIR API Enables Patients to Transfer Records to Apple Health

by Fred Pennic 02/19/2021 Leave a Comment

DrChrono’s Open FHIR API Enables Patients to Transfer Records to Apple Health

What You Should Know: - DrChrono announces today that its open FHIR API is now live enabling its patient members to securely transfer their available health records out of DrChrono into the Apple Health app on the iPhone so their medical information is consolidated and always with them. - The Health Records feature is part of the Health app, which also shows activity, heart rate, nutrition and other health data consolidated from iPhone, Apple Watch and HealthKit-enabled third-party
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CVS Launches Community-Based Strategy to Address COVID-19 Vaccine Education and Equity

by Strategic Partnerships 02/19/2021 Leave a Comment

CVS Launches Community-Based Strategy to Address COVID-19 Vaccine Education and Equity

What Should Know: - CVS Health unveils community-based strategy increase access to COVID-19 vaccinations for vulnerable communities and advance vaccine education while combating hesitancy. - The strategy includes a strategic partnership with Lyft to help underserved communities access vaccination appointments by providing free or discounted rides for those in need. CVS Health unveils its community-based strategy to address potential inequities related to COVID-19 vaccine access in
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Amwell Launches Smart TV Carepoint Device to Increase Telehealth Use in Patient Rooms

by Fred Pennic 02/18/2021 Leave a Comment

Amwell Launches Smart TV Carepoint Device to Increase Telehealth Use in Patient Rooms

What You Should Know: - Amwell launches new smart tv Carepoint device that enables hospitals to use televisions for telehealth in an effort to help hospitals scale and simplify access to telehealth by using devices that already exist in patient rooms. Intermountain Healthcare has already successfully deployed more than 1,200 units across nearly 50 locations.   - Designed to further expand integrated telehealth connectivity via the Amwell platform, the new
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UK Launches World’s First COVID-19 Human Challenge Study

by Fred Pennic 02/17/2021 Leave a Comment

UK Launches World’s First COVID-19 Human Challenge Study

What You Should Know: - This week, the United Kingdom (UK) will be the first country in the world to run a COVID-19 human challenge study, following approval from the UK’s clinical trials ethics body. - First Covid-19 human challenge study will begin within a month, after receiving ethics approval in the same week the UK hits target of offering first dose to 15 million people. - Researchers call on healthy young people to volunteer for the study, which will play a key role in developing
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Vytalize Health to Acquire Patient Financial Experience Platform MedPilot

by Fred Pennic 02/17/2021 Leave a Comment

Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

What You Should Know: - Vytalize Health to acquire patient financial experience platform MedPilot to accelerate data-driven engagement technology to its ACO's Medicare population. - An alumnus of the Cedars-Sinai Accelerator, MedPilot’s platform has already helped over 1 million patients to date and boasts a 97% patient satisfaction score.   Vytalize Health, a leading provider of value-based healthcare announced it is acquiring MedPilot, a Cleveland-based patient financial
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Owlet Smart Baby Monitor to Go Public in SPAC IPO Deal

by Fred Pennic 02/16/2021 Leave a Comment

Owlet Smart Baby Monitor to Go Public in SPAC IPO Deal

What You Should Know: - Owlet Baby Care Inc. (“Owlet” or the “Company”) and Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) co-sponsored by affiliates of Sandbridge Capital and PIMCO private funds have entered into a definitive merger agreement go public. The company plans to be traded on the New York Stock Exchange (NYSE) under the symbol “OWLT.” - The combined company to have an implied initial enterprise value of approximately $1,074 million, with the
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Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America

by Fred Pennic 02/16/2021 Leave a Comment

Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America

What You Should Know: - MEDFAR Clinical Solutions, a Montreal-based Electronic Medical Record (EMR) provider in Canada, announced today a minority investment of nearly $25 million led by Walter Capital Partners. - MEDFAR’s cloud-based EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is performed in partnership with doctors and healthcare administration and is driven by our clients' needs. - The MYLE EMR, tailored to general practitioners,
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