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Fred Pennic, Editor-in Chief | HIT Consultant

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

Cerebral Inc. Agrees to $3.6M Settlement Over Unauthorized Distribution of Controlled Substances

by Fred Pennic 11/04/2024 Leave a Comment

Cerebral Inc. Agrees to $3.6M Settlement Over Unauthorized Distribution of Controlled Substances

What You Should Know:  - Cerebral, Inc., an online mental healthcare provider, has entered into a non-prosecution agreement (NPA) with the U.S. Attorney’s Office for the Eastern District of New York to pay more than $3.6M to resolve allegations that it engaged in practices that facilitated the unauthorized distribution of controlled substances from 2019 to 2022. - Founded in 2020, Cerebral offers telehealth services aimed at providing mental health treatment, including medication
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Healthcare Data Blocking Wars: RTMS Defends Against PointClickCare’s Appeal

by Fred Pennic 11/04/2024 Leave a Comment

Healthcare Data Blocking Wars: RTMS Defends Against PointClickCare's Appeal

What You Should Know:  - Real Time Medical Systems (RTMS) is defending a preliminary injunction that prevents PointClickCare (PCC) from blocking RTMS's access to patient electronic health records (EHRs).  - PCC, which owns the EHR platform, attempted to block RTMS's access to the data by implementing "indecipherable CAPTCHAs," effectively preventing RTMS from providing its services. Legal Dispute Overview RTMS and PCC are competitors in the value-based care/patient
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Philips Launches THOR IDE Clinical Trial for Innovative PAD Treatment Device

by Fred Pennic 11/04/2024 Leave a Comment

Philips Launches THOR IDE Clinical Trial for Innovative PAD Treatment Device

What You Should Know:  - Philips, a global leader in health technology, has announced a significant milestone in treating peripheral artery disease (PAD) by enrolling the first patient in the U.S. THOR IDE clinical trial.  - The study is set to evaluate the safety and efficacy of a new catheter developed by Philips, which uniquely combines laser atherectomy and intravascular lithotripsy into a single device. This innovative approach allows physicians to treat complex, calcified
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Komodo Health Awards Grants to Researchers Studying the Impact of Diet on Health

by Fred Pennic 11/04/2024 Leave a Comment

Komodo Health Awards Grants to Researchers Studying the Impact of Diet on Health

What You Should Know:  - Komodo Health, a leading healthcare technology company, has announced the recipients of its 2024 Diet-Related Health (DRH) grants.  - The program, funded by the Robert Wood Johnson Foundation (RWJF), provides researchers with free access to Komodo's Healthcare Map™, a vast repository of de-identified patient data, to study the impact of diet on health outcomes. Advancing Research and Improving Health Equity The DRH program supports diverse research
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OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

by Fred Pennic 11/01/2024 Leave a Comment

OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

What You Should Know:  - OpenNotes, an advocate for healthcare transparency, and Abridge, an AI-powered clinical documentation platform, have joined forces to improve patient engagement and understanding through enhanced AI-generated visit summaries.  - The collaboration, part of the new OpenNotes Lab at Beth Israel Deaconess Medical Center (BIDMC), will leverage patient feedback and AI to create more effective and accessible patient-facing documentation. Improving Patient
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KLAS: Small Hospitals Face Buyer’s Remorse for EHR Selections

by Fred Pennic 11/01/2024 Leave a Comment

What You Should Know:  - KLAS Research has released a new report reveals EHR selection buyer's remorse among recent decison-makers at small standalone hospitals (1-200 beds).  - The report, US Acute Care EHR Market Share 2024 is based on interviews with hospital leaders and an analysis of market share data, reveals key trends in EHR selection, implementation, and satisfaction among small hospitals. Epic, MEDITECH, and Oracle Health Dominate the Market While small hospitals
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Hancock Health Selects revology to Manage Revenue Cycle Ops

by Fred Pennic 11/01/2024 Leave a Comment

Hancock Health Selects revology to Manage Revenue Cycle Ops

What You Should Know:  - Revology, a provider of revenue cycle management (RCM) solutions, has announced a multi-year contract with Hancock Health to manage its RCM operations.  - Hancock Health expanded its partnership with revology after the RCM firm helped increase cash collections, resulting in an additional $10 million for the organization. Addressing RCM Challenges in Healthcare Healthcare organizations face growing challenges in managing their revenue cycles effectively.
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Q/A: Amp Health’s VP Talks How Industrial COEs Are Transforming Workforce Wellness

by Fred Pennic 10/31/2024 Leave a Comment

Q/A: Amp Health’s VP Talks How Industrial COEs Are Transforming Workforce Wellness

In today’s demanding industrial landscape, the urgency of establishing Industrial Labor Centers of Excellence (COEs) has never been greater. COEs—specialized programs or facilities that provide high-quality, mulit-disciplinary care—are at the forefront of revolutionizing how we approach workforce wellness and safety by integrating technology, data, and proactive interventions. For organizations committed to sustainable growth and a healthier, more engaged workforce, adopting and championing
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Starget Pharma Secures $5.1M for AI-Powered Targeted Radiotherapy for Cancer

by Fred Pennic 10/31/2024 Leave a Comment

What You Should Know:  - Starget Pharma, an innovative startup specializing in precision cancer diagnostics and targeted radiotherapy, has secured $5.1M in funding from Cancer Focus, a fund established in collaboration with the renowned MD Anderson Cancer Center.  - The investment will support Starget Pharma's upcoming clinical trial for treating advanced metastatic cancers, including sarcomas, neuroendocrine tumors, melanoma, and liver cancer. Revolutionizing Cancer Treatment
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Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

by Fred Pennic 10/31/2024 Leave a Comment

Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

What You Should Know:  - Accenture has made a strategic investment, through Accenture Ventures, in 1910 Genetics, a biotechnology company revolutionizing drug discovery with its AI-powered platform. Terms of the investment were not disclosed. - The strategic collaboration will combine Accenture's expertise in scaling AI solutions with 1910 Genetics' innovative technology to help biopharmaceutical companies accelerate drug development, reduce costs, and deliver more effective therapies
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