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Fred Pennic, Editor-in Chief | HIT Consultant

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

Podimetrics Director Talks Supporting Patients Living with SDoH Challenges

by Fred Pennic 05/31/2023 Leave a Comment

Podimetrics CMO Talks Supporting Patients Living with SDoH Challenges

In an interview with HIT Consultant, Dr. Gary Rothenberg, Director of Medical Affairs at Podimetrics talks about how healthcare technology can help support a focus on social determinants of health (SDoH) to enhance the relationship between the patient and physician/care team. How can health technology play a role in helping to address social determinants of health (SDOH) when it comes to diabetes care? Dr. Gary Rothenberg, Director of Medical Affairs at Podimetrics: While I am a big
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HeartBeam Forms Strategic Alliance with Samsung

by Fred Pennic 05/30/2023 Leave a Comment

HeartBeam Forms Strategic Alliance with Samsung

What You Should Know:  HeartBeam, a cardiac technology company that has developed the first and only 3D-vector electrocardiogram (VECG) platform intended for patient use at home, announced it has entered into a Strategic Alliance Agreement (SAA) with Samsung, extending the existing SAA between LIVMOR and Samsung. Under the terms of the strategic alliance, HeartBeam and Samsung will identify and define opportunities for collaboration, tapping the HeartBeam team's expertise and patented
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Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

by Fred Pennic 05/30/2023 Leave a Comment

Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

What You Should Know: Value-based healthcare platform Carrum Health today announced an oversubscribed $45 million Series B financing led by OMERS Growth Equity.The funding will be used to scale the company’s oncology and surgical care service lines for self-insured employers through Carrum Health’s Centers of Excellence network.   Surgery and cancer care have never been better. Founded in 2014, Carrum Health is a value-based healthcare platform delivering higher quality care
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Digital Health Executive Hires: Practice Better Appoints CEO, HHAeXchange, Intelerad, Tegria, Others

by Digital Health Executive Hires & Board Appointments 05/26/2023 Leave a Comment

Recent Digital Health Executive Hires & Board Appointments

Practice Better announced that Kim Walsh will be stepping in as CEO and Nathalie Garcia, Co-Founder of Practice Better, will step into a new role as Chief Strategy Officer where she will continue serving Practice Better’s customers, employees, partners, and investors while supporting and advising Kim in her new role. HHAeXchange has appointed Paul Joiner as Chief Executive Officer. The new CEO’s appointment also further advances HHAeXchange’s commitment to innovation in its product
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Roundups: 15 Recent Digital Health Strategic Partnerships

by Digital Health Strategic Partnerships 05/26/2023 Leave a Comment

Recent Digital Health Partnerships

Titan Medical Inc. has entered into a license agreement with Intuitive Surgical, Inc., a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (“RAS”), for an upfront payment of $7.5M in respect of certain intellectual property (“IP”) of Titan. Under the Agreement, Titan has granted Intuitive a non-exclusive license to all of Titan’s IP, with the exception of the IP that is exclusively licensed to another party under a June 2020 license agreement.
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Tomorrow Health Shutters Medical Supply Business

by Fred Pennic 05/25/2023 Leave a Comment

Tomorrow Health Shutters Medical Supply Business

What You Should Know: Home-based care provider Tomorrow Health announced its decision to shutter its first-party home medical equipment (HME) supply business to remove barriers and unlock new opportunities for its network of home-based care providers.Tomorrow Health’s decision to concentrate its focus on technology for supplier partners comes as the broader healthcare ecosystem shifts its strategic priorities and seeks greater support in enabling the delivery and reimbursement of quality
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Artelon Secures $20M to Advance Surgical Treatment of Joint Instability

by Fred Pennic 05/24/2023 Leave a Comment

Artelon Secures $20M to Advance Surgical Treatment of Joint Instability

What You Should Know:  Artelon Inc., a privately held medical device company raises $20M in Series B funding, led by Vensana Capital with expected additional participation from existing investors. Artelon's Dynamic Matrix technology is a proprietary polymeric bio-textile for musculoskeletal soft tissue reconstruction designed to mimic the natural mechanical and biological properties of healing ligament tissue. It has been proven in clinical studies to protect the surgical repair
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Denials Management Named Most Time-Consuming Task in RCM

by Fred Pennic 05/24/2023 Leave a Comment

Denials Management Named Most Time-Consuming Task in RCM

What You Should Know: A new HFMA survey commissioned by AKASA highlights the revenue cycle tasks requiring the most subject matter expertise, according to responses from over 550 CFOs and revenue cycle leaders at hospitals and health systems across the U.S.Denials management not only requires the most subject matter expertise, but it’s also the most time-consuming task within revenue cycle management (RCM) — followed by prior authorization and insurance
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Q/A: IQVIA’s Global Lead Talks Unlocking AI for Drug Repurposing

by Fred Pennic 05/23/2023 Leave a Comment

In an interview with HIT Consultant, Nathan Sommerford, Global Lead for Drug Discovery and Development, IQVIA talks how unlocking artificial intelligence (AI) in drug repurposing is transforming pharma and biotech companies. What are some of the challenges and problems associated with drug discovery “from scratch”?  Nathan Sommerford, Global Lead for Drug Discovery and Development, IQVIA: In the traditional drug discovery and development paradigm, it can cost up to $1.8 billion and
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5 Executives Weigh in on VBC Impact on Kaiser/Geisinger Deal

by Executive Insights 05/22/2023 Leave a Comment

M&A: Kaiser Acquires Geisinger, Forms Risant Health

We recently asked five digital health executives to share their insights on the recent Kaiser's recent acquisition of Geisinger Health and it's impact to accelerate value-based care. Andy Flanagan, CEO of Iris Telehealth This acquisition presents a significant upside for the industry's move to improve access to quality, affordable care. Kaiser and Geisinger are two of the premier organizations in our country driving towards value-based care at scale for their communities. The creation
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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