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Fred Pennic, Editor-in Chief | HIT Consultant

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

Amenities Health Closes $10M to Modernize Health System Digital Front Doors

by Fred Pennic 09/20/2023 Leave a Comment

Amenities Health Closes $10M to Modernize Health System Digital Front Doors

What You Should Know:  - Amenities Health, a Dallas, TX-based healthcare digital front door platform secured an additional $6.25M, putting Amenities' total Series A amount raised to date at $10M. - The Series A round was led by MemorialCare Innovation Fund, and Epic Ventures with additional participation from HealthTech CEOs Chris Gibson,  Blake Marggraff, Kyle Robertson, Tom White, Kulmeet Singh, Harjinder Sandhu, and Buzz White. - Amenities plans to use the additional
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M&A: Avel eCare Acquires Virtual Hospitalist Provider Fident Health

by Fred Pennic 09/19/2023 Leave a Comment

Avel eCare Acquires Virtual Hospitalist Provider Fident Health

What You Should Know:  Avel eCare, a provider of clinician-to-clinician telemedicine services acquires Fident Health, a Texas-based virtual hospitalist provider dedicated to delivering high-quality telemedicine care to rural and suburban communities. - The acquisition strengthens Avel eCare’s existing clinician network and builds on the company’s successful acute and post-acute telemedicine solutions to help hospitals, health systems and senior care facilities throughout the
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Google Searches for “AI in Healthcare” Up by 300% in 3 Years

by Fred Pennic 09/19/2023 Leave a Comment

Google Searches for “AI in Healthcare” Up by 300% in 3 Years

What You Should Know: - An analysis of “AI in Healthcare” related Google search data from 2020 to 2023 increased by over 300%, according to a study conducted by Dataconomy Media in August 2023. - From a mere 12,100 queries in 2020, the enthusiasm surrounding AI's role in healthcare has surged to an impressive 33,100 searches in 2023. This seismic leap underscores a momentous shift in public curiosity about AI's capacity to transform healthcare, as monthly average searches achieve
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Roundups: 16 Recent Strategic Digital Health Partnerships

by Strategic Digital Health Partnerships 09/15/2023 Leave a Comment

Mayo Clinic, GE HealthCare, Partner on Medical Imaging and Theranostics Innovation

Walgreens and Pearl Health, a provider enablement company has announced a strategic partnership to accelerate the expansion of value-based care in collaboration with community-based primary care physicians. As part of the strategic partnership, Walgreens will provide complementary services, including prescription fulfillment, medication adherence, immunizations, care gap closure and diagnostic testing. In addition, Walgreens will also work with providers to help patients discharged from the
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Mayo Clinic, GE HealthCare Partner on Medical Imaging and Theranostics Innovation

by Fred Pennic 09/15/2023 Leave a Comment

Mayo Clinic, GE HealthCare, Partner on Medical Imaging and Theranostics Innovation

What You Should Know: Mayo Clinic and GE HealthCare has formed a strategic healthcare collaboration for research and product development programs aimed to transform the experience of patients and clinicians in the practice of radiology and the delivery of novel therapies.The Strategic Collaboration for Innovation in Medical Imaging and Theranostics comprises Mayo Clinic and GE HealthCare scientists, technology developers, clinicians and other healthcare providers. The partnership seeks to
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Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

by Fred Pennic 09/14/2023 Leave a Comment

Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

Early next year, the Centers for Medicare and Medicaid Services (CMS) will remove the application of retroactive DIR fees and move DIR fees to the point of sale instead. The major issues with the DIR fees, which are paid by pharmacies to pharmacy benefit managers, are the fact that they drive up the costs of prescriptions for patients and delay reimbursement of care to the pharmacies.  Now, a brand new issue will arise in early 2024 - namely, pharmacies will be facing a DIR “cliff” where
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Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access

by Fred Pennic 09/14/2023 Leave a Comment

Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access

What You Should Know: - Summus, a New York City-based virtual health company focused on specialty care, has raised $19.5M in its latest funding round to support the company’s continued growth and work to tackle the access problem in healthcare. - With a total of $70 million raised to date, Summus aims to expand its innovative approach to care, and this new investment will support the company in its efforts to revolutionize how patients and healthcare professionals share and access
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Sempre Health Secures $20M to Expand Behavior-Based Healthcare Pricing

by Fred Pennic 09/13/2023 Leave a Comment

Sempre Health Secures $20M to Expand Behavior-Based Healthcare Pricing

What You Should Know:  - Sempre Health, a San Francisco, CA-based solution for behavior-based healthcare pricing raises $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures. Existing investors including the Blue Venture Fund, UPMC Enterprises and Industry Ventures also participated. - Sempre will use the latest round of funding to accelerate growth of its two-sided network of pharma manufacturers and health plans, launch products for
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Belong.Life Launches AI Clinical Trial Matching Assistant for Cancer

by Fred Pennic 09/13/2023 Leave a Comment

Belong.Life Launches Conversational AI SaaS Solution for Cancer Clinical Trial Matching

What You Should Know:  - Belong.Life today announced the launch of Tara, a new conversational AI SaaS solution to assist health providers and CROs with cancer clinical trial matching and recruitment. - Available as a SaaS solution for providers, hospitals, health systems, CROs and other organizations, the technology can be embedded into websites, mobile apps or text messaging platforms to enable easy communication with opt-in patients. AI SaaS Solution for Cancer Clinical Trial
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Bold Secures $17M to Expand Healthy Aging Platform with Medicare Plans

by Fred Pennic 09/12/2023 Leave a Comment

Bold Secures $17M to Expand Healthy Aging Platform with Medicare Plans

What You Should Know:  Bold, a Los Angeles-based healthy aging platform raises $17M in Series A funding led by Rethink Impact, with participation from Samsung Next and existing investors Andreessen Horowitz (a16z) Bio + Health, Khosla Ventures, GingerBread Capital, and Primetime Partners. The latest funding, bringing its total amount raised to $27M. The company plans to utilize the capital to support Bold's continued expansion with national and regional Medicare plans and provider
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