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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.

mPulse Mobile Acquires Digital Health Engagement Company The Big Know

by Fred Pennic 01/19/2021 Leave a Comment

mPulse Mobile Acquires Digital Health Engagement Company Big Know

What You Should Know: - mPulse Mobile, the leader in conversational AI solutions for the healthcare industry, will acquire The Big Know, a prominent digital health company transforming how healthcare educates consumers. - A deeper entrenchment in the streaming age and shifting consumer expectations demand a shift in the healthcare industry's approach to care delivery and experiences. Quality patient engagement must be acknowledged as a vital and unavoidable part of the healthcare
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HHS Awards Funds to Increase Data Sharing Between HIEs & Immunization Registries

by Fred Pennic 01/19/2021 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 ONC today unveiled a series of investments to improve the sharing of health information related to vaccination. - The new investments will provide opportunities to track vaccination progress, help clinicians contact high-risk patients, and help identify patients due to receive the second dose of the vaccine. The U.S. Department of Health and Human Services acting through the Office of the National Coordinator for Health Information Technology (ONC)
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Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

by Fred Pennic 01/19/2021 Leave a Comment

Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

What You Should Know: - Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). - The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed a recapitalization of RxBenefits, the
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Philips Acquires Medical Device Integration Platform Capsule for $635M

by Fred Pennic 01/19/2021 Leave a Comment

Philips Acquires Medical Device Integration Platform Capsule for $635M

What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’ strategy to transform the delivery of healthcare along the health continuum with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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Abbott to Launch App to Track and Report Pain Relief in Chronic Pain Patients

by Fred Pennic 01/18/2021 Leave a Comment

Abbott to Launch App to Track and Report Pain Relief in Chronic Pain Patients

What You Should Know: - Abbott launches new app, NeuroSphere myPath that will allow patients to record their pain relief during the device trial period with spinal cord stimulation or dorsal root ganglion therapy, simplify reporting outcomes and connect patients to physicians who have real-time access to this data - NeuroSphere myPath will be available in the Apple App Store in the coming weeks and will be compatible with the latest iOS operating system Abbott announced
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UnitedHealth Rolls Out Employer Virtual Primary Care Plan

by Fred Pennic 01/18/2021 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

What You Should Know: - UnitedHealthcare is rolling out a virtual primary care plan for employers that will be powered by telehealth platform Amwell, CNBC first reports. - The virtual primary care plan will allow patients access to physicians with low or no co-pays for routine care via phone or computer. - The virtual primary care program will be available for employers in 11 states including Colorado, Texas, and Maryland, as well as Washington, DC. 
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Cerner Leadership Changes, Other Key Executives Hires

by Fred Pennic 01/15/2021 Leave a Comment

Travis DaltonDan Devers Cerner announced some leadership changes promoting long-time associates Travis Dalton to Chief Client & Services Officer and Dan Devers to Chief Legal Counsel. After long, respected, meaningful careers at Cerner, John Peterzalek and Randy Sims will be departing. Cognoa, the leading pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with autism and other behavioral health conditions
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FCC Unveils 14 Initial Projects Selected for $100M Connected Care Pilot Program

by Fred Pennic 01/15/2021 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - FCC announces initial 14 pilot project selected for $100M Connected Care Pilot Program that will support connected care service across the country and focus on low-income and veteran patients. The Federal Communications Commission (FCC) today announced an initial set of 14 pilot projects with over 150 treatment sites in 11 states that have been selected for the Connected Care Pilot Program.  A total of $26.6 million will be awarded to these applicants for
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MEDITECH Launches Quick Vaccination Solution to Streamline COVID-19 Vaccination Process

by Fred Pennic 01/14/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

What You Should Know: - MEDITECH launches a web-based Quick Vaccination solution enabling healthcare organizations to efficiently administer the vaccine to their patients from multiple care venues, including through tablet devices. - With Quick Vaccination, healthcare organizations have the speed and mobility to distribute the vaccine at high-volume locations, including pop-up inoculation sites. To accelerate healthcare organizations’ administration of the COVID-19 vaccine,
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

by Fred Pennic 01/14/2021 Leave a Comment

Heritage Group

Partners David McClellan, Rock Morphis, Paul Wallace (Left to Right) What You Should Know: - Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. - Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today
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