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Fred Pennic, Editor-in Chief | HIT Consultant

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

Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics

by Health M&A 06/07/2023 Leave a Comment

Wolters Kluwer Acquires AI Drug Diversion Detection Company Invistics

What You Should Know:  Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

by Fred Pennic 06/07/2023 Leave a Comment

NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

What You Should Know:  Researchers at NYU Langone Health, the academic medical center of New York University, have collaborated with NVIDIA experts to develop a large language model (LLM) that predicts a patient’s risk of 30-day readmission, as well as other clinical outcomes. The LLM was deployed in the healthcare system’s six inpatient facilities, the NYUTron model — featured today in the scientific journal Nature that will provide doctors with AI-driven insights that could help
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M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

by Fred Pennic 06/05/2023 Leave a Comment

M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

What You Should Know:  Cardinal Health today announced it has signed a definitive agreement to contribute its Outcomes™ business to Orlando-based Transaction Data Systems (TDS) in exchange for a minority stake in the combined entity.Under the terms of the merger agreement, Cardinal Health’s pharmaceutical segment CEO, Debbie Weitzman, will be appointed to the TDS board of directors.TDS’s existing portfolio of clinical pharmacy solutions includes the Rx30 and Computer-Rx pharmacy
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Roundups: 10 Recent Digital Health Strategic Partnerships

by Strategic Digital Health Partnerships 06/02/2023 Leave a Comment

Roundups: 9 Recent Digital Health Strategic Partnerships

Flatiron Health has signed a new partnership agreement with the London-based precision medicine software company Lifebit that will enable its researchers to securely access sensitive, real-world data on cancer patients - and hence speed up research and deliver global research improvements in treatments and care. Implementing Lifebit’s pioneering federated Trusted Research Environment technology will enable approved researchers to safely and securely access high-quality real-world data on cancer
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HCP Marketing in the Pharma Industry: A Comprehensive Strategy for Engaging Healthcare Professionals

by Fred Pennic 06/02/2023 Leave a Comment

HCP Marketing in the Pharma Industry: A Comprehensive Strategy for Engaging Healthcare Professionals

HCP marketing, also known as healthcare professional marketing, plays a vital role in the pharmaceutical industry. It focuses on engaging and informing healthcare professionals about pharmaceutical products, treatments, and services. In this article, we will explore the meaning of HCP marketing, its elements, and its significance in the digital era. What is HCP Marketing? HCP marketing refers to the strategic efforts undertaken by pharmaceutical companies to connect with healthcare
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Walmart Raises Pay, Invests in Over 7,000 Pharmacists & Opticians

by Fred Pennic 06/02/2023 Leave a Comment

Walmart Raises Pay, Invests in Over 7,000 Pharmacists & Opticians

What You Should Know: Walmart announced this week it has raised pay for approximately 3,700 pharmacists, raising the average salary for pharmacists to more than $140,000, not including bonuses and incentives. These investments build on the raises for 36,000 pharmacy technicians that took place last year.  Additionally, Walmart will be raising pay for more than 4,000 opticians, bringing the average wage for opticians to be more than $22.50 an hour. Walmart is launching a new
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Somavedic Launches AI-Enabled, Biomarker Analysis App

by Fred Pennic 06/02/2023 Leave a Comment

Somavedic Launches AI-enabled, Biomarker Analysis App

What You Should Know:  Somavedic Technologies (Inc.), makers of the scientifically-studied sleep & well-tech device by the same name, launches Attune Health Mobile App, an AI-enabled, biomarker analysis, offering 100% contactless solution that enables anyone to measure a wide range of vital signs by simply using their smartphone camera.Somavedic aims to empower consumers with the knowledge to make informed wellness decisions through instant and accessible wellness markers delivered
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Siemens Launches Drone Pilot to Transport Lab Samples & Medical Supplies in Africa

by Fred Pennic 06/01/2023 Leave a Comment

Siemens Launches Drone Pilot to Transport Lab Samples & Medical Supplies in Africa

What You Should Know:  Siemens Healthineers is collaborating with German drone manufacturer and service provider Wingcopter to pilot an integrated drone delivery solution for healthcare facilities throughout Africa; 2-way delivery system transporting blood samples, vaccines, and pharmaceuticals to improve access to sample analysis, accelerate diagnosis and allow faster treatment for rural communities.Siemens Healthineers Middle East, Southern & Eastern Africa and Wingcopter GmbH have
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Podimetrics Director Talks Supporting Patients Living with SDoH Challenges

by Fred Pennic 05/31/2023 Leave a Comment

Podimetrics CMO Talks Supporting Patients Living with SDoH Challenges

In an interview with HIT Consultant, Dr. Gary Rothenberg, Director of Medical Affairs at Podimetrics talks about how healthcare technology can help support a focus on social determinants of health (SDoH) to enhance the relationship between the patient and physician/care team. How can health technology play a role in helping to address social determinants of health (SDOH) when it comes to diabetes care? Dr. Gary Rothenberg, Director of Medical Affairs at Podimetrics: While I am a big
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HeartBeam Forms Strategic Alliance with Samsung

by Fred Pennic 05/30/2023 Leave a Comment

HeartBeam Forms Strategic Alliance with Samsung

What You Should Know:  HeartBeam, a cardiac technology company that has developed the first and only 3D-vector electrocardiogram (VECG) platform intended for patient use at home, announced it has entered into a Strategic Alliance Agreement (SAA) with Samsung, extending the existing SAA between LIVMOR and Samsung. Under the terms of the strategic alliance, HeartBeam and Samsung will identify and define opportunities for collaboration, tapping the HeartBeam team's expertise and patented
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