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Fred Pennic, Editor-in Chief | HIT Consultant

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

Vytalize Health Closes $100M to Support Value-Based Care Transformation

by Fred Pennic 02/23/2023 Leave a Comment

Vytalize Health Closes $100M to Support Value-Based Care Transformation

What You Should Know: - Vytalize Health, a leading risk-bearing provider enablement platform, announced it has closed $100 million in funding led by Enhanced Healthcare Partners and Monroe Capital, with participation from North Coast Ventures. - Vytalize Health partners with primary care practices for more than 250,000 patients and offers evidence-based recommendations at the point of care. By delivering the right data at the right time in the workflow to physicians and their staff,
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Tempus Forms Multi-omics Collaboration With Actuate Therapeutics

by Fred Pennic 02/23/2023 Leave a Comment

What You Should Know: - Tempus, the $10B artificial intelligence and precision medicine company, announced their first multi-omics collaboration with Actuate Therapeutics, in which datasets of different omic groups – genomics, transcriptomics, epigenomics, and others are combined during analysis to improve research and enable new discoveries, including ones that would have been missed with a single method alone. - This multi-omics approach is being used by Actuate Therapeutics in support
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Bicycle Health, Wellpath to Provide Opioid Use Disorder Treatment to Federal Bureau of Prisons

by Fred Pennic 02/23/2023 Leave a Comment

Bicycle Health, Wellpath to Provide Opioid Use Disorder Treatment to Federal Bureau of Prisons

What You Should Know: - Bicycle Health, a telehealth provider of integrated medical and behavioral health treatment for opioid use disorder (OUD) is teaming up with Wellpath, the premier provider of localized, compassionate care to vulnerable patients in challenging clinical environments, and the Federal Bureau of Prisons (FBOP). - The collaboration will enable patients to access Bicycle Health’s evidence-based, life-saving clinical care model delivering virtual Medication for
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Indegene Launches Metaverse Capabilities for Life Sciences Companies

by Fred Pennic 02/22/2023 Leave a Comment

Indegene Partners with Amwell to Customized Digital Patient Engagement

What You Should Know: - Indegene, a digital-first, life sciences commercialization company launches metaverse capabilities to support life sciences organizations with a variety of use cases, including health care provider (HCP) interactions, HCP education, and patient education. - Indegene’s domain expertise will provide life sciences organizations a foundation for navigating the complexity of this emerging technology and the flexibility to create tailored virtual worlds. Using these, life
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Bluestem Health Launches AI-Based Virtual Healthcare Assistant Powered by Mediktor

by Fred Pennic 02/21/2023 Leave a Comment

Bluestem Health Launches AI-Based Virtual Healthcare Assistant by Mediktor

What You Should Know: - Nebraska-based Bluestem Health today announced it has launched an AI-based virtual medical assistant powered by Mediktor. This is available for both established and non-established patients to efficiently assess their symptoms online and direct them to the appropriate level of care. - Mediktor combines AI, Natural Language Processing (NLP) and machine learning technologies for the first clinically validated digital medical assistant, proven in clinical trials with
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Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

by Fred Pennic 02/16/2023 Leave a Comment

Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

Today, cancer is the second leading cause of death in the United States. Sadly, cancer disparities exist, with racial/ethnic minority, low-income, and uninsured populations suffering the greatest burden. That’s why routine cancer screening is critical to addressing cancer disparities as they have the potential to greatly reduce both incidence and mortality rates. To address this, Federally qualified health centers (FQHCs) are funded by the Health Resources and Services Administration to provide
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IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

by Fred Pennic 02/16/2023 Leave a Comment

IncludeHealth Launches Device Agnostic Musculoskeletal Operating System

What You Should Know: - IncludeHealth, a provider of musculoskeletal technology solutions raises $11 million in a recent financing round led by CincyTech, with participation from Tamarind Hill and other investors. - The company plans to use the funding to further expand MSK-OS™, the Company’s remote care platform powered by computer vision. AI-Powered Virtual Physical Therapy IncludeHealth partners with musculoskeletal providers to extend their reach beyond the clinic and unlock
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Home Healthcare Market is Expected to Reach $340.2B

by Fred Pennic 02/16/2023 Leave a Comment

Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients

What You Should Know: - Home Healthcare market in terms of revenue was estimated to be worth $226 Billion in 2022 and is poised to reach $340.2 billion by 2027, growing at a CAGR of 8.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. - The report reveals growth in this market is mainly driven by rapid growth in the elderly population, and the rising incidence of chronic diseases. Rising Demand for Home-Health Services & Solutions The home
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Centura Health Acquires Utah Care Sites from Steward Health Care

by Fred Pennic 02/15/2023 Leave a Comment

Centura Health Acquires Utah Care Sites from Steward Health Care

What You Should Know: Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and
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Quest Diagnostics Acquires NewYork-Presbyterian Lab Services Assets

by Fred Pennic 02/14/2023 Leave a Comment

Quest Diagnostics Acquires NewYork-Presbyterian Lab Services Assets

What You Should Know: - NewYork-Presbyterian today announced a strategic agreement with Quest Diagnostics, a provider of diagnostic information services to broaden access to quality, innovative laboratory services for the providers and patients of NewYork-Presbyterian primarily in New York as well as the Tri-State Area and beyond. - Under a definitive agreement, Quest will acquire select assets of the laboratory services business of NewYork-Presbyterian. NewYork-Presbyterian will
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