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Fred Pennic, Editor-in Chief | HIT Consultant

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

XRHealth Adds NeuroReality Cognitive Training to Virtual Clinics

by Fred Pennic 09/07/2022 Leave a Comment

XRHealth Adds NeuroReality Cognitive Training to Virtual Clinics

What You Should Know: -  XRHealth, the gateway to the healthcare metaverse, announces today that the company adds NeuroReality’s cognitive training to their virtual clinics.  - The NeuroReality’s virtual reality neuro rehab, a serious game, is an immersive experience known as Koji’s Quest. NeuroReality’s VR neuro rehab is designed for individuals who suffer from the consequences of stroke and brain injuries, where patients are guided through activities aimed
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Datavant Acquires Convenet to Build Trial Tokenization in the UK

by Fred Pennic 09/07/2022 Leave a Comment

Datavant Acquires Convenet to Build Trial Tokenization in the UK

What You Should Know: - Datavant, the leader in helping organizations securely connect health data, today announced steps towards international expansion with the acquisition of Convenet, a health technology infrastructure company headquartered in the UK. - Datavant will expand privacy-preserving tokenization and data linkage capabilities to the UK in order to connect clinical trial data to real-world data. Building Trial Tokenization in the
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Techstars Relaunches Healthcare Accelerator in Los Angeles

by Fred Pennic 09/07/2022 Leave a Comment

Techstars Relaunches Healthcare Accelerator in Los Angeles

What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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CVS Health to Acquire Signify Health for $8B

by Fred Pennic 09/06/2022 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B. - Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it. Advancing CVS Health’s Value-Based Care Long-Term Strategy Signify Health is a provider of Health Risk Assessments, value-based
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Sharecare Launches SaaS for Independent Decentralized Clinical Research

by Fred Pennic 09/06/2022 Leave a Comment

Sharecare Launches SaaS for Independent Decentralized Clinical Research

What You Should Know: - Today, Sharecare announced the launch of Smart Omix, Sharecare's new scalable SaaS-based solution to empower independent researchers, clinicians, and academic institutions to conduct digitally enabled clinical research studies - Smart Omix is made for researchers by researchers and purpose-built to address technological, economic, and talent barriers to remote observational studies more commonly encountered by
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Viz.ai Receives Clearance for New Algorithm for Pulmonary Embolism

by Fred Pennic 09/01/2022 Leave a Comment

Viz.ai Receives Clearance for New Algorithm for Pulmonary Embolism

What You Should Know: - Viz.ai, a provider of AI-powered disease detection and intelligent care coordination, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for an automated RV/LV ratio algorithm, a seamless new component of the Viz PE Solution (launched in November 2021). - The algorithm is designed to quickly and accurately measure the diameter of the heart's ventricles to provide the ratio of the maximum right ventricle (RV) diameter versus that
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Medtronic-BioIntelliSense Partnership Expands Access to RPM Wearables

by Fred Pennic 08/31/2022 Leave a Comment

Medtronic-BioIntelliSense Partnership Expands Access to RPM Wearables

What You Should Know: - Medtronic announces partnership with BioIntelliSense for exclusive U.S. distribution of multi-parameter wearable for continuous remote patient monitoring from in-hospital to home. - The partnership enables Medtronic to offer access to BioIntellSense’s BioButton® multi-parameter wearable device, which provides scalable personalized patient care, greater workflow automation and proactive clinical interventions for hospitals facing increasing costs and growing
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Syapse and Genesis Research Form RWE Partnership in Oncology

by Fred Pennic 08/31/2022 Leave a Comment

Syapse and Genesis Research Form RWE Partnership in Oncology

What You Should Know: - Today, Syapse, a leading real-world evidence company dedicated to extinguishing the fear and burden of serious diseases, announced that they have entered into a strategic partnership with Genesis Research. - This partnership will focus on conducting real-world evidence-based research that supports the development and launch of new and innovative treatments. - As part of the
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DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data

by Fred Pennic 08/29/2022 Leave a Comment

DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data

Provider burnout has shown no signs of slowing down in the past couple of years - a fact proven by a recent report found that 45% of physicians have been experiencing burnout over the past two years.  As providers and healthcare organizations continue to face burnout, staffing shortages and financial pressures, they must find a way to reduce administrative burdens while allowing for more time spent on patient care with an ultimate end goal of reducing burnout. We recently spoke with
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Medical Devices Cleared or Approved by FDA in 2022

by Fred Pennic 08/29/2022 Leave a Comment

Food and Drug Administration - FDA title=Food and Drug Administration - FDA _Medical Devices Cleared or Approved by FDA in 2022

The medical device industry is booming and shows no signs of slowing down. In 2022, the FDA (Federal Food and Drug Administration) will clear or approve over 1,000 medical devices. This is great news for patients who stand to benefit from the latest and greatest technology, but it can be tough for hospitals and doctors to keep up with all of the new devices on the market.  Here's a breakdown of some of the most anticipated otc medical devices that have already received FDA approval. Some
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