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Fred Pennic, Editor-in Chief | HIT Consultant

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

Fitbit Enters Substance Abuse Recovery with Pretaa Partnership

by Fred Pennic 10/11/2022 Leave a Comment

Fitbit Enters Substance Abuse Recovery with Pretaa Partnership

What You Should Know: - Fitbit announced that they are partnering with behavioral analytics company Pretaa to improve outcomes for the millions of Americans affected by substance abuse. Pretaa analyzes information from wearable devices worn by those recovering from substance abuse and (with patient consent) notifies their care providers, friends and family members when they might need additional support. - Research indicates that the onset of the pandemic was associated with an
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Knowtion Health Acquires Rev Cycle A/R Platform Amplus

by Fred Pennic 10/07/2022 Leave a Comment

Knowtion Health Acquires Rev Cycle A/R Platform Amplus

What You Should Know: - Knowtion Health, formerly RSource Healthcare announced today it has acquired Amplus Group, a healthcare revenue cycle A/R resolution and technology service. Financial terms of the deal were not disclosed. - For the past five years Amplus has utilized the latest in machine learning and automation to support accounts receivable (A/R) for health system revenue cycles. - The acquisition will accelerate Knowtion's plan to expand low balance recovery technologies
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Google Cloud Launches AI-Powered Medical Imaging Suite

by Fred Pennic 10/06/2022 Leave a Comment

Google Cloud Launches AI-Powered Medical Imaging Suite

What You Should Know: - Google Cloud launches Medical Imaging Suite that addresses common pain points organizations face in developing artificial intelligence (AI) and machine learning models. - Google Cloud enables the development of AI for imaging to support faster, more accurate diagnosis of images, increased productivity for healthcare workers, and improved care access and outcomes for patients. Google Cloud's Medical Imaging Suite Key Features Key features of the Medical
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Galileo Integrates with Elation Health EHR to Maximize Value-Based Contracts

by Fred Pennic 10/06/2022 Leave a Comment

Galileo Integrates with Elation Health EHR to Maximize Value-Based Contracts

What You Should Know: - Galileo, a tech-enabled primary care provider seeing patients in all 50 states, today announced a partnership to roll out Elation Health's EHR. - Through the Elation Health application programming interface (API), Galileo clinicians are now seamlessly able to automate and customize alerts at the point of care to maximize their value-based contracts. - Elation’s clinical-first approach means its API gives customers the ability to build proprietary
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Nordic Consulting Acquires Healthcare Consulting Firm Hygeian

by Fred Pennic 10/06/2022 Leave a Comment

Nordic Consulting Acquires Healthcare Consulting Company Hygeian

What You Should Know: - Nordic Consulting, a global health and technology consulting company, has acquired Hygeian, a healthcare consulting company supporting public and private sector clients across the United Kingdom and the Middle East with advisory services, change management, flexible resourcing, and filling fixed-term and specialist roles. This acquisition marks Nordic’s sixth acquisition in recent years and comes
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Dexcom G7 Blood Glucose Monitoring Launches in 5 Global Markets

by Fred Pennic 10/05/2022 Leave a Comment

Dexcom G7 Blood Glucose Monitoring Launches in 5 Global Markets

What You Should Know: - Dexcom announced launch of Dexcom G7 continuous glucose monitoring (CGM) system in the United Kingdom, Ireland, Germany, Austria and Hong Kong, with launches in New Zealand and South Africa in the coming weeks – initiating the global rollout of the world’s most powerful CGM system.   - Dexcom G7 offers a powerful yet simple way to help users gain greater control of their diabetes, so they can manage the disease more confidently each day. Its
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SEQSTER and PatientsLikeMe Launch National Rare Disease Study

by Fred Pennic 10/05/2022 Leave a Comment

SEQSTER and PatientsLikeMe Launch National Rare Disease Study

What You Should Know: - PatientsLikeMe and SEQSTER announced a collaboration to launch one of the first rare-disease studies focused on Alpha-1 Antitrypsin Deficiency (AATD) - a rare genetic condition occurring in approximately 1/3500 people. - AATD is a rare genetic condition occurring in approximately 1/3500 people. It is characterized by low levels of the alpha-1 antitrypsin protein, leading AATD patients to be very susceptible to lung and/or
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U.S. Health Care Price Index: Telehealth Prices Down; Mental Health Up

by Fred Pennic 10/05/2022 Leave a Comment

U.S. Health Care Price Index: Telehealth Prices Down; Mental Health Up

What You Should Know: - The latest U.S. Health Care Price Index (USHPI), the first national resource to publicly document the price of cash-pay medical care in America, reveals that national average prices for everyday healthcare services decreased in August and September, in the face of record inflation. - The USHPI features pricing data for routine medical services in all 50 states – from primary care and mental health to women’s health and more - with additional prices and specialties
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

by Fred Pennic 09/29/2022 Leave a Comment

Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

What You Should Know: - Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states. - This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB. Medicare/Medicaid Coverage Expansion Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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Rippl Launches with $35M to Transform Mental Health for Seniors

by Fred Pennic 09/28/2022 Leave a Comment

Rippl Launches with $35M to Transform Mental Healthcare for Seniors

What You Should Know: - Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures. - Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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