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Fred Pennic, Editor-in Chief | HIT Consultant

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

Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform

by Fred Pennic 05/16/2023 Leave a Comment

Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform

What You Should Know: Laguna Health, a NYC-based AI-powered contextual care management platform raises $15M Series A funding co-led by SemperVirens and HC9 Ventures. The initial close brings Laguna’s total raise to date to over $21M.The company will use the funding to deepen its AI capabilities in the care management context and expand its go-to market. Contextual Care Management, Powered by AI 35 million Americans are hospitalized annually, with at least two-thirds discharged to
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Validic Acquires Connected Health Platform Trapollo

by Healthcare Mergers & Acquisitions 05/15/2023 Leave a Comment

Validic Acquires Connected Health Platform Trapollo

What You Should Know: Validic has acquired the assets of Trapollo LLC, a connected health, technical support, and device logistics provider that helps healthcare organizations care for patients at home. Trapollo is a wholly-owned subsidiary of Cox Communications, Inc.With the acquisition of these Trapollo assets, Validic rounds out its core capabilities to make personalized healthcare a practical reality for patients and clinicians. Validic's EHR-integrated healthcare app ingests remotely
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NIH Launches $6M TARGETED Genome Editor Delivery Challenge

by Fred Pennic 05/15/2023 Leave a Comment

NIH Launches $6M TARGETED Genome Editor Delivery Challenge

What You Should Know: The United States National Institutes of Health (NIH) today announced the launch of the TARGETED (Targeted Genome Editor Delivery) Challenge.The multi-phase challenge will award up to $6M in prize money to support NIH’s Somatic Cell Genome Editing (SCGE) commitment to developing targeted delivery systems to deliver genome editors to somatic (non-reproductive) cells of the body. The first phase of the TARGETED Challenge is open to all
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Roundups: HealthJoy Expands Partnership With Teladoc Health, Oura, Other Strategic Partnerships

by Strategic Digital Health Partnerships 05/12/2023 Leave a Comment

Roundups: HealthJoy Expands Partnership With Teladoc Health, Oura, Other Strategic Partnerships

Roundup summary of recent digital health strategic partnerships: HealthJoy, Teladoc Health Launch Virtual Primary Care HealthJoy, a benefits navigation platform that amplifies employer benefit strategies expands its partnership with Teladoc Health to introduce virtual primary care. HealthJoy Virtual Primary Care, powered by Teladoc Health, provides a fully integrated primary care experience that supports members throughout their entire healthcare journey. The solution will further
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Lucem Health Secures $7.7M for Agnostic AI-Powered Platform

by Fred Pennic 05/10/2023 Leave a Comment

Lucem Health Secures $7.7M for Agnostic AI-Powered Platform

What You Should Know: Lucem Health, a Mayo Clinic Platform portfolio company, has closed a Series A venture capital funding round of $7.7M led by Mayo Clinic, Granger Management and Mercy (St Louis).Lucem Health helps clinical AI innovators transform data science into innovative, trusted solutions that can detect diseases earlier and optimize care delivery, positively impacting patient lives, improving the physician and provider experience, and ultimately producing improved
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M&A: LifeNet Health Acquires Bioventus Wound Care Division

by Fred Pennic 05/10/2023 Leave a Comment

M&A: LifeNet Health Acquires Bioventus Wound Care Division

What You Should Know: LifeNet Health expands its portfolio of wound care solutions such as TheraSkin with the acquisition of the Bioventus Inc. wound care division.As part of the acquisition, LifeNet Health gains 90 Bioventus Inc. employees that will strengthen LifeNet Health's position as a global leader in regenerative medicine offering next-level wound care.Financia details of the acquisition were not disclosed.
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M&A: MultiPlan Acquires Benefits Science LLC for $160M

by Fred Pennic 05/09/2023 Leave a Comment

M&A: MultiPlan Acquires Benefits Science LLC for $160M

What You Should Know: MultiPlan, a provider of data-enabled cost management, payment, and revenue integrity solutions for 700+ healthcare payors announced the acquisition of Benefits Science LLC (BST) for $160M in cash and stock.BST was founded in 2012 by a group of MIT-trained experts in data science, including Dimitris Bertsimas, Ph.D., who is recognized as an early pioneer in healthcare analytics and who serves as the company’s chief data scientist. Dr. Bertsimas will continue with BST
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Aegis Ventures, Northwell Launch Optain for AI-Powered Retinal Imaging

by Fred Pennic 05/09/2023 Leave a Comment

Aegis Ventures, Northwell Launch Optain for AI-Powered Retinal Imaging

What You Should Know: Today Ascertain, the partnership between Aegis Ventures and Northwell Holdings, announced a $12M seed funding round to launch its first company, Optain, an artificial intelligence (AI) company leveraging retinal imaging to non-invasively assess patient health.With this $12 million investment, Optain is the first company launched by Ascertain, Aegis Ventures and Northwell Holdings’ partnership to develop healthcare AI companies at scale. AI Retinal Imaging to
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Emory Taps NeuroFlow to Scale Collaborative Care Model

by Fred Pennic 05/09/2023 Leave a Comment

Emory Taps NeuroFlow to Scale Collaborative Care Model

What You Should Know: Emory Healthcare (EHC) today announced a partnership with NeuroFlow to support and improve the delivery of psychiatric services for both patients and providers at their Brain Health Center and several sites across Georgia.NeuroFlow, which offers a cloud-based registry and enterprise platform to help facilitate collaborative care, will support EHC clinical services’ data-driven approach to patient care, with a sharpened focus on improving communication
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FDA Clears Samsung’s Irregular Heart Rhythm Notification

by Fred Pennic 05/08/2023 Leave a Comment

FDA Clears Samsung’s Irregular Heart Rhythm Notification

What You Should Know: Today, Samsung announced today its Irregular Heart Rhythm Notification feature of the Samsung Health Monitor App has been cleared by the FDA. With this new feature, Galaxy Watch users can be alerted when heart rhythms suggestive of atrial fibrillation (AFib) – a type of arrhythmia – are detected.The Irregular Heart Rhythm Notification works with the app’s existing on-demand Electrocardiogram function to proactively monitor heart rhythms suggestive of AFib, and
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