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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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ClearSky Health Expands Contract With Oracle Cerner

by Strategic Partnerships 06/28/2022 Leave a Comment

ClearSky Health Expands Contract With Oracle Cerner

What You Should Know: ClearSky Health, a network of inpatient rehabilitation facilities is expanding its contract an additional five years with Oracle Cerner to support nine additional facilities in the next 18 months with Oracle Cerner as their EHR supplier. - The partnership to deliver increased continuity, helping clinicians understand a patient’s journey from admission to discharge.  Expanded Partnership Details Through its five medical rehabilitation centers in New
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Olive Launches Autonomous Revenue Cycle (ARC) Suite

by Fred Pennic 06/27/2022 Leave a Comment

Olive Launches Autonomous Revenue Cycle (ARC) Suite

What You Should Know: - Olive, the automation company creating the Internet of Healthcare, today launched its Autonomous Revenue Cycle (ARC), the company's flagship Revenue Cycle Management (RCM) suite of solutions. - Olive's ARC is designed to handle tedious, time-consuming administrative tasks in the revenue cycle, allowing healthcare organizations to get paid quicker while reducing the risk of uncompensated care. Automate the Revenue Cycle Management Process Managing revenue
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Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure

by Fred Pennic 06/27/2022 Leave a Comment

Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure

What You Should Know: - Siemens has acquired Brightly, an asset management software company used by many schools, governments, hospitals and manufacturers around the world for a purchase price of $1.575B. - The acquisition will add Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings. Brightly Software Background Brightly Software is a leader
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Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses

by Fred Pennic 06/27/2022 Leave a Comment

Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses

What You Should Know: - Nomad Health, a leading digital marketplace for temporary healthcare jobs, today announced the closing of a $105M financing co-led by Adams Street Partners and Icon Ventures. New equity investor HealthQuest Capital committed the largest sum and was joined by existing investors Polaris Partners, .406 Ventures, AlleyCorp, and RRE Ventures, and new debt providers J.P. Morgan and Trinity Capital. This brings Nomad’s total funding to over $200M since its founding in
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TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal

by Healthcare M&A Activity 06/24/2022 Leave a Comment

TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal

What You Should Know: - Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $140M. - Further, TDS’s plans to accelerate product innovation will create solutions to further optimize pharmacy workflows, support real-time clinical interventions and expand patient engagement opportunities to clients. Acquisition Benefits for TDS TDS connects community pharmacies through its
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Innovaccer Joins the CARIN Alliance to Advance Interoperability

by Fred Pennic 06/24/2022 Leave a Comment

Innovaccer Joins the CARIN Alliance to Advance Interoperability

What You Should Know: - Today, Innovaccer Inc., the Health Cloud company, announced that it has joined the CARIN Alliance (CARIN), a multisector collaborative working to rapidly advance the consumer-directed exchange of health information to improve the interoperability of healthcare data. - Innovaccer will participate as a member of the multisector alliance to advance healthcare data sharing, enabling consumers, patients, and caregivers easier access to health
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AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

by Fred Pennic 06/23/2022 Leave a Comment

AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand. - The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more. AWS Expand’s First Cohort of 30 EMA Healthcare Startups The dual-track program will prepare Europe,
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