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Fred Pennic, Editor-in Chief | HIT Consultant

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

Uptiv Health Launches Hybrid Infusion Care Experience with $7.5M

by Fred Pennic 08/03/2023 Leave a Comment

Uptiv Launches Hybrid Infusion Care Experience with $7.5M

What You Should Know:  Uptiv Health announced the launch of a new hybrid infusion care experience, providing a holistic approach to care that includes personalized in-person care and extends beyond the infusion center to support patients and improve outcomes via a consumer-friendly digital platform.Uptiv was built at Redesign Health by Torben Nielsen and the founding team and has raised $7.5 million in seed funding. Uptiv will use this funding to expand its services and into additional
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RCM: Cedar, Google Cloud Partner to Gen AI Tools to Improve Healthcare Billing for Patients

by Fred Pennic 08/02/2023 Leave a Comment

RCM: Cedar, Google Cloud Partner to Build AI-Powered Tools to Improve Healthcare Billing for Patients

What You Should Know:  Cedar, an enterprise financial engagement platform that improves the end-to-end journey for consumers announced a strategic collaboration with Google Cloud.  As part of the collaboration, Cedar will be using Google Cloud’s generative AI tools, including Vertex AI, Generative AI App Builder and others to build solutions that will assist patients in understanding and resolving their healthcare bills.  Generative AI Tools to Improve Patient Financial
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Geisinger Taps Bodyport to Launch Remote Heart Failure Monitoring Program

by Fred Pennic 08/02/2023 Leave a Comment

Geisinger Taps Bodyport to Launch Remote Heart Failure Monitoring Program

What You Should Know:  Geisinger, an integrated health care delivery and coverage organization serving members in central and northeastern Pennsylvania forms a strategic collaboration with Bodyport, a virtual care company focused on heart failure to launch remote heart failure monitoring program. Together, Geisinger and Bodypart will develop and implement a fluid-guided care pathway for heart failure. The pathway will augment Geisinger’s existing remote heart failure management
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Duke Health, Microsoft Form 5-Year Generative AI Partnership, Creates AI Innovation Lab

by Fred Pennic 08/02/2023 Leave a Comment

Duke Health to Integrate Glytecc's Insulin Management with Epic EMR

What You Should Know: Duke Health forms a strategic five-year, innovative partnership with Microsoft aimed at responsibly and ethically harnessing the potential of generative artificial intelligence (AI) and cloud technology to transform the healthcare landscape. The strategic partnership will usher in a new era of innovation, including the creation of a Duke Health AI Innovation Lab and Center of Excellence.As part of the strategic partnership, Microsoft will equip Duke with state-of-the-art
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer

by Fred Pennic 08/01/2023 Leave a Comment

Steve Jobs’ Son Launches $200M VC Fund to Fight Against Cancer

What You Should Know: Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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M&A: Marathon Health Acquires Cerner Workforce Health Solutions Clinics

by Fred Pennic 08/01/2023 Leave a Comment

M&A: Marathon Health Acquires Cerner Workforce Health Solutions Clinics

What You Should Know: Marathon Health, a provider of direct primary care for employers, today announced the acquisition of Cerner Workforce Health Solutions (WHS), a group of dedicated onsite and near-site health clinics.The strategic acquisition will expand Marathon’s footprint, accelerating the reach of its unique population health model to more employers, locations and members.  Financial details of the acquisition were not disclosed. WHS Acquisition Impact for Marathon
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Augmedics Acquires Surgalign’s Digital Health Assets for $900k

by Fred Pennic 07/31/2023 Leave a Comment

Augmedics Acquires Surgalign's Digital Health Assets for $900k

What You Should Know:  - Augmedics, a provider of augmented reality (AR) surgical navigation, announced it has been named the successful bidder for the digital health assets of Surgalign and Holo Surgical following a competitive auction process.  - Augmedics’s bid for the digital health assets consists of a cash purchase price of $900,000 and the assumption of certain liabilities, as set forth in the asset purchase agreement. The sale will close pending approval by the Bankruptcy
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M&A: New Day Diagnostics to Acquire the Assets of Epigenomics AG

by Fred Pennic 07/31/2023 Leave a Comment

M&A: New Day Diagnostics to Acquire the Assets of Epigenomics AG

What You Should Know:  New Day Diagnostics LLC announced it has entered into an agreement to acquire the assets of Epigenomics AG, a molecular diagnostics company focused on blood testing for the early detection of cancer.Under the terms of the agreement, New Day Diagnostics would acquire substantially all of Epigenomics AG’s assets and intellectual property. The acquisition would expand New Day Diagnostics' portfolio in the cancer diagnostics space and include proprietary biomarker
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Henry Schein Medical & Medpod Launches Portable Telediagnostic Solution

by Fred Pennic 07/31/2023 Leave a Comment

Henry Schein Medical & Medpod Launches Portable Telediagnostic Solution

What You Should Know:  Henry Schein Medical, the U.S. medical business of Henry Schein, Inc., and Medpod Inc. launches Medpac – a lightweight, portable telediagnostic solution that allows health care providers to offer comprehensive professional care regardless of location, helping to bridge the gap between remote telemedicine consultations and in-person office visits. Exclusively distributed by Henry Schein Medical, Medpac is suitable for a range of applications, including
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Hippocratic AI Launches Founding Partner Program with Health Systems/Digital Health Companies

by Fred Pennic 07/28/2023 Leave a Comment

Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

What You Should Know:  Hippocratic AI, the first Large Language Model (LLM) designed specifically for healthcare, announced its Founding Partner Program with 10 health systems and digital health companies. Partners will help ensure the safety of Hippocratic AI’s LLM over the course of their five-year partnerships; they will guide the development of the model, participate in data governance and model safety committees, establish use cases, engage their medical professionals in conducting
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