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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Recent Digital Health Strategic Partnerships Roundup: Unite Us, careMESH, CareCloud, Others

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

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

St. Joseph’s Health Enhances Provider Communications with careMESH’s Healthcare Directory and User-Friendly Messaging Services New Jersey-based St. Joseph’s Health partners with careMESH to significantly expand the health system’s clinical communications reach to all community physicians, including digital access to electronic medical records. Using careMESH, St. Joseph’s will focus on several key areas, including: Streamlining external communications with community physiciansReducing
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Inbox Health Raises $22.5M for Patient Billing Communications Platform

by Fred Pennic 05/04/2023 Leave a Comment

Inbox Health Raises $22.5M for Patient Billing Communications Platform

What You Should Know: Inbox Health, a New Haven, CT-based patient billing communications platform raises $22.5M in a Series B financing round, led by fintech-focused Ten Coves Capital. The Series B announcement follows news that Inbox Health's billing technology was awarded a patent by the U.S. Patent and Trademark Office in April 2023. The new growth capital will further accelerate Inbox Health’s strategic growth as it continues to improve and modernize the billing, support, and payment
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