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Fred Pennic, Editor-in Chief | HIT Consultant

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

Rezilient Health Secures $10M to Expand CloudClinics™ in MO, TX, OK

by Fred Pennic 10/03/2024 Leave a Comment

Rezilient Health Secures $10M to Expand Digital CloudClinics™ in MO, TX, OK

What You Should Know:  - Rezilient Health, a St. Louis-based tech-enabled healthcare company, announced today that it has secured $10M in Series A funding led by Govo Venture Partners, with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, and notable angel investors including Jim McKelvey (Co-Founder of Block), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com). - The
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HHAeXchange Acquires Sandata Technologies: Expanding Homecare Solutions

by Fred Pennic 10/03/2024 Leave a Comment

HHAeXchange Acquires Sandata Technologies: Expanding Homecare Solutions

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today its acquisition of Sandata Technologies, a veteran in the homecare industry with four decades of experience. Financial details of the acquisition were not disclosed.  - The strategic move strengthens HHAeXchange's position in the rapidly growing home and community-based services (HCBS) market, where demand for personal care aides is projected to increase by 43% between 2020 and
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Accelerating Drug Discovery: Proscia Launches Concentriq Embeddings and AI Toolkit

by Fred Pennic 10/03/2024 Leave a Comment

Accelerating Drug Discovery: Proscia Launches Concentriq Embeddings and AI Toolkit

What You Should Know:  - Proscia, a provider of AI-powered pathology solutions, is accelerating the pace of drug discovery and diagnostic development with the launch of Concentriq® Embeddings and the Proscia AI Toolkit.  - These powerful new tools empower life sciences organizations to leverage the full potential of artificial intelligence in pathology, leading to faster breakthroughs and improved patient outcomes. Transforming AI Development in Pathology Integrated into
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Claimable Launches AI-Powered Appeals Platform to Fight Unjust Healthcare Denials

by Fred Pennic 10/03/2024 Leave a Comment

Claimable Launches AI-Powered Appeals Platform to Fight Unjust Healthcare Denials

What You Should Know:  - Claimable, a healthcare technology innovator, is taking on the pervasive issue of healthcare claim denials with the launch of its AI-powered appeals platform.  - This solution leverages advanced AI to analyze clinical research, policy details, appeals data, and patients' individual medical circumstances to generate and submit customized appeals in mere minutes. Combating a Broken System The U.S. healthcare system is plagued by an alarming rate of
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RXNT Acquires Scalabull to Streamline EHR Connectivity with Labs and Radiology

by Fred Pennic 10/03/2024 Leave a Comment

RXNT Acquires Scalabull to Streamline EHR Connectivity with Labs and Radiology

What You Should Know:  - RXNT, a Maryland-based healthcare technology leader, is continuing its path of accelerated growth with the acquisition of Scalabull, a nationwide interfacing network.  - The strategic move strengthens RXNT's ability to connect Electronic Health Record (EHR) systems with clinical laboratories and radiology facilities, streamlining critical diagnostic processes for healthcare providers across the U.S. Scalabull: Simplifying Diagnostic
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Rippl Secures $23M to Expand its Virtual Dementia Care Platform

by Fred Pennic 10/02/2024 Leave a Comment

Rippl Secures $23M to Expand its Virtual Dementia Care Platform

What You Should Know:  - Rippl, a provider of virtual dementia care raises $23M ina Series A funding round led by Tina Hoang-To, Founding General Partner at Kin Ventures, with participation from existing investors including ARCH Venture Partners, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital. JSL Health also joined the round as a new investor. - The need for accessible and compassionate dementia care is more critical than ever. With
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Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

by Fred Pennic 10/02/2024 Leave a Comment

Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

What You Should Know:  - Huma, a global leader in healthcare AI and digital health solutions, has acquired eConsult, a prominent digital-first triage and automated consultation platform used throughout primary and emergency care in the UK.  - The strategic move strengthens Huma's commitment to transforming the NHS into a proactive, digital-first health system. Financial details of the acquisition were not disclosed.  Building a Comprehensive Digital Health
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Connie Health Acquires Keen Insurance Services, Expands Reach to Empower Seniors in Navigating Medicare

by Health M&A 10/02/2024 Leave a Comment

Connie Health Acquires Keen Insurance Services, Expands Reach to Empower Seniors in Navigating Medicare

What You Should Know:  - Connie Health, a Boston-based tech-enabled Medicare navigation platform, today announced that it has acquired Keen Insurance Services, a company built at Redesign Health.  - The acquisition will strengthen Connie Health’s commitment to expanding its reach and helping seniors across the U.S. make informed healthcare decisions.  Meeting the Growing Demand for Personalized Medicare Guidance This strategic acquisition comes at a time of significant
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WakeMed Taps Helix to Launch Precision Medicine Program

by Fred Pennic 10/02/2024 Leave a Comment

WakeMed Taps Helix to Launch Precision Medicine Program

What You Should Know:  - Helix, a leader in precision health, and WakeMed, a renowned not-for-profit health system in Raleigh, N.C., are joining forces to launch a large-scale precision medicine program in Wake County.  - The precision medicine initiative aims to improve health outcomes for residents by providing access to personalized genetic insights, enhancing disease prevention efforts, and supporting local health research. A Community-Wide Effort to Transform
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Surescripts Secures Investment from TPG for Acclerated Growth

by Fred Pennic 10/02/2024 Leave a Comment

Surescripts Secures Investment from TPG to Accelerate Healthcare Innovation

What You Should Know:  - Surescripts, the nation's leading health information network, announced today that TPG Capital, the U.S. and European private equity platform of global alternative asset firm TPG, will become a majority investor.  - This strategic partnership with TPG will enable Surescripts to expand its impact and accelerate the development of innovative solutions that address critical healthcare needs.  Focus on Enhancing Patient Care and Streamlining
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