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Fred Pennic, Editor-in Chief | HIT Consultant

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

RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

by Syed Hamza Sohail 07/08/2022 Leave a Comment

RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

What You Should Know: - RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT) for all stages of cancer, today announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s existing $50M of debt. - The remaining $70M of the new facility will be made available upon reaching certain regulatory and commercial milestones. The funds will support the continued commercialization of the RefleXion X1
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COTA Appoints Noel Alaka as VP of Life Sciences

by Digital Health Executive Appointments 07/07/2022 Leave a Comment

COTA Appoints Noel Alaka as VP of Life Sciences

What You Should Know: Today, oncology real-world data analytics company COTA announced the appointment of Noel Alaka as Vice President of Life Sciences. As VP of Life Sciences, Alaka will be responsible for helping grow and build partnerships with leading life sciences companies that are looking to adopt real-world data and real-world evidence to help accelerate innovation in treatments for patients facing cancer. Noel Alaka Bio/Background A benchtop
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Innovaccer Launches Connected Digital Health Solution for Biopharma & Medtech

by Fred Pennic 07/06/2022 Leave a Comment

Innovaccer Launches Connected Digital Health Solution for Biopharma & Medtech

What You Should Know: - Today Innovaccer, the Health Cloud company, announced its Connected Digital Health solution, a new way for life sciences companies to rapidly deliver next-generation digital apps that surround therapeutics and devices with highly engaging patient experiences, improve clinical outcomes, and generate valuable real-world evidence (RWE). - The new solution will allow life sciences companies to realize the promise of digital health with holistic, “around-the-brand”
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Teladoc Health Expands Whole-Person Primary Care Offering

by Fred Pennic 07/06/2022 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know: - Today, Teladoc Health announced the expanded capabilities available to Primary360 users to remove barriers to access and offer comprehensive primary care that meets people where they are. - Primary360 members will now receive health plan in-network referrals and care coordination support; free, same-day medication delivery from Capsule, the leading national digital pharmacy; and in-home, on-demand phlebotomy with Scarlet Health. Reducing Barriers to
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Regard Raises $15.3M for AI Co-Pilot to Diagnose Medical Conditions

by Fred Pennic 06/30/2022 Leave a Comment

Regard Raises $15.3M for AI Co-Pilot to Diagnose Medical Conditions

What You Should Know: - Regard (formerly known as HealthTensor), a L.A.-based software company developing an artificial intelligence (AI) co-pilot for physicians to help diagnose medical conditions, announced its $15.3 million in Series A funding led by Calibrate Ventures and Foundry Group, with participation from additional investors. - The funding will be used to help grow the Regard team to support more clients, reduce integration time and expedite reach to new physicians and hospitals,
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How Can Biopharma Companies Sustain Growth & Innovation?

by Fred Pennic 06/30/2022 Leave a Comment

How Can Biopharma Companies Sustain Growth & Innovation

What You Should Know: - The traditional approach to fostering biopharma growth is no longer sustainable, according to Accenture research and analysis. The new research reveals perspectives on the life sciences industry based on an extensive analysis of over 300 M&A deals made by the top 30 biopharma companies between 2010–2021. - The analysis reveals multiple factors are eroding the sustainability of an inorganic growth strategy, such as rising costs of M&A,
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Most Healthcare Facilities Lack Holistic Digital Identity Strategy, Report Finds

by Fred Pennic 06/29/2022 Leave a Comment

Most Healthcare Facilities Lack Holistic Digital Identity Strategy, Report Finds

What You Should Know: - Healthcare facilities are struggling with implementing and enforcing holistic digital identity management strategies, according to the new Imprivata report released today titled, Security and Digital Identity in the Healthcare Industry. - The findings show that despite 69% of respondents saying identity management is important to their organization’s security strategy, 51% have still experienced a security incident in the last year. Healthcare Facilities Need a
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Merck Digital Sciences Studio Launches to Support Biomedical Startups

by Fred Pennic 06/29/2022 Leave a Comment

Merck Digital Sciences Studio Launches to Support Biomedical Startups

What You Should Know: - Merck, today announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development. - MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck. MDSS Accelerator Program Focus The MDSS is a collaboration between
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ITC Judge Finds Apple Infringed AliveCor Patents

by Fred Pennic 06/28/2022 Leave a Comment

AliveCor Launches KardiaMobile Card, World’s First Credit-Card-Sized Personal ECG

What You Should Know: - Today, an International Trade Commission (ITC) judge issued an Initial Determination that Apple infringed AliveCor’s valid patented technology – a finding that may result in a limited exclusion order that will prohibit the import of infringing Apple Watches into the United States. - AliveCor initially filed its complaint with the ITC in April 2021, alleging that Apple infringed AliveCor’s
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Indegene Partners with Amwell to Customized Digital Patient Engagement

by Strategic Partnerships 06/28/2022 Leave a Comment

Indegene Partners with Amwell to Customized Digital Patient Engagement

What You Should Know: - Indegene, a technology-led healthcare solutions provider, today announced a partnership with Amwell to facilitate life sciences organizations to connect patients to better quality care and drive better health outcomes. - This partnership will facilitate Indegene to enable life sciences organizations to drive virtual care automation and patient companionship to advance longitudinal care, behavioral health, and other specialty and chronic care segments. It will help
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