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Fred Pennic, Editor-in Chief | HIT Consultant

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

Wave Life Secures $6M to Increase Mental Health Access For Gen Z

by Fred Pennic 03/07/2023 Leave a Comment

Wave Life Secures $6M to Increase Mental Health Access For Gen Z

What You Should Know: - Wave Life, the science-backed mental health platform aimed at supporting Gen Z raises $6M in seed funding led by Santé Ventures. The seed round also included participation from Hannah Grey, Joyance Capital, Gaingels, and Telocity Ventures. - Created and led by clinical psychologist Dr. Sarah Adler, Clinical Associate Professor of Psychiatry at Stanford University, the Wave Life platform takes the best of science-backed traditional therapy and delivers it in a way
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

by Fred Pennic 03/06/2023 Leave a Comment

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6.  Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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Maryland HIE to Expand Medicaid Redetermination Notification Project

by Fred Pennic 03/06/2023 Leave a Comment

Maryland HIE to Expand Medicaid Redetermination Notification Project

What You Should Know: - CRISP, the nonprofit state-designated health information exchange (HIE) of Maryland, announced plans to expand its Medicaid Redetermination Notification project across the state to support care teams as they navigate redetermination for 1.6 million Medicaid enrollees. - The project is a collaboration across state agencies and began as a pilot supporting federally qualified health centers who expressed concerns about lacking resources that would contribute to
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IDS Taps Veta Health to Expand Virtual Care Offerings

by Strategic Partnerships 03/03/2023 Leave a Comment

IDS Taps Veta Health to Expand Virtual Care Offerings

What You Should Know: - Veta Health and Indiana-based Interactive Digital Solutions (IDS) announced their strategic partnership to expand IDS's virtual care offerings through an exclusive reseller agreement. - The adoption of telehealth and virtual care has surged since the Covid-19 pandemic and the demand for solutions that extend beyond virtual visits is high. The partnership enables hospitals and health systems to contract with a single organization to provide a
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Implicity Launches SMART on FHIR App to Optimize Interoperability & Workflow Efficiencies

by Fred Pennic 03/03/2023 Leave a Comment

Implicity Launches SMART on FHIR App to Optimize Interoperability & Workflow Efficiencies

What You Should Know: - Implicity, a leader in remote patient monitoring (RPM) and cardiac data management solutions, released a new SMART on FHIR application to improve interoperability and workflow efficiencies for providers. - The new app improves cardiac remote monitoring workflows by providing clinicians access to Implicity alerts and reports directly within Epic's EHR system. Implicity Background Implicity's cloud-based platform allows cardiac teams to streamline workflows by
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Major Health Partners Reduces Home Medication Reconciliation Time by 30%

by Fred Pennic 03/03/2023 Leave a Comment

Major Health Partners Reduces Home Medication Reconciliation Time by 30%

What You Should Know: Major Health Partners (Shelbyville, IN) announced that technicians saved on average three minutes of time per patient and realized a 30% improvement in the average time for overall home medication verification leveraging MEDITECH’s Expanse Patient Care solution. The solution was rolled out facility-wide, including in the ED, where medication reconciliation technicians saw immediate results. MHP has been able to build on this success by adopting the Expanse Patient
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Walmart Health Center to Add 28 New Locations in 2024

by Fred Pennic 03/02/2023 Leave a Comment

Walmart Health Taps Zotec Partners to Power Patient Financial Experience

What You Should Know: - Today, Walmart announced it will add 28 new Walmart Health centers, with 75+ total locations by the end of the year. This continues our commitment to making quality healthcare more convenient, accessible and affordable for customers in the communities we serve. - The expansion will increase Walmart Health’s footprint into two new states including Missouri and Arizona, deepening our presence in Texas in the Dallas metro area and growing into Houston.
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CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

by Fred Pennic 03/02/2023 Leave a Comment

CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

What You Should Know: - Accenture Federal Services has won a five-year, $628 million recompete of a contract award from the U.S. Centers for Medicare and Medicaid Services (CMS) to continue its work supporting Healthcare.gov. CMS made this award through the Strategic Partners Acquisition Readiness Contract (SPARC) vehicle. - In 2014, Accenture Federal Services was awarded a prime contract to take over management of the Federally-Facilitated Exchange (FFE). FFE is the backbone of
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Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

by Strategic Partnerships 03/02/2023 Leave a Comment

Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

What You Should Know: - GE HealthCare and Advantus Health Partners announced it has expanded its partnership, an agreement of up to $760M over 10 years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to Advantus Health Partners’ clients.  - Through this expanded relationship between Advantus Health Partners and GE HealthCare, healthcare providers will have access to a scalable, end-to-end solution for managing medical equipment performance and risk. Healthcare
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Ryse Health Secures $6.5M for Type 2 Diabetes Care

by Fred Pennic 03/02/2023 Leave a Comment

Ryse Health Secures $6.5M for Type 2 Diabetes Care

What You Should Know: - Ryse Health, a healthcare technology company that’s committed to pursuing a world free from chronic diseases and raising the bar on Type 2 Diabetes care raises $6.5M in Series A funding led by Route 66 Ventures. The round also included support from W Health and Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield. - The company plans to use the funding to enable Ryse to continue to grow its team, strengthen its business operations, partner
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