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Fred Pennic, Editor-in Chief | HIT Consultant

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

GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

by Fred Pennic 03/07/2022 Leave a Comment

GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

What You Should Know:- GoodRx announced that it will acquire vitaCare Prescription Services, a tech-enabled pharmacy services platform that expands GoodRx’s offering to pharma manufacturers while improving patient access and adherence to affordable brand drugs.   - Over 500 million brand prescriptions are written every year, yet only half are ever filled. This acquisition will give GoodRx the tools we need to help address this problem and facilitate the brand
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MediQuant® DataArk Awarded Project to Archive All Military Health Records

by Fred Pennic 03/07/2022 Leave a Comment

MediQuant® DataArk Awarded Project to Archive All Military Health Records

What You Should Know: MediQuant®, a provider of enterprise active archiving and conversion solutions, has been selected by the US Defense Health Agency (DHA) to help consolidate all clinical data across the Military Health System as it transitions to a new enterprise electronic health records (EHR) platform by 2024. - The contract to deploy MediQuant’s DataArk solution for the DHA “Genesis” rollout was secured by ECS, a leading provider of science, engineering, and advanced technology
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Cedar Launches Cedar Pre to Transform Patient Financial Experience

by Fred Pennic 03/07/2022 Leave a Comment

Cedar Launches Cedar Pre to Transform Patient Financial Experience

What You Should Know: - Cedar launches Cedar Pre to deliver seamless and comprehensive healthcare experiences to consumers preparing for care. - By leveraging Cedar’s expanded patient engagement suite, providers can empower patients with unprecedented access and affordability from pre-registration and intake through final payment.  Cedar, a New York City-based healthcare financial technology platform built for today’s consumers, today announced the launch of Cedar Pre, an
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Amazon Launches New Symptom Checker for Alexa Devices

by Fred Pennic 03/04/2022 Leave a Comment

Amazon Alexa Launches New Symptom Checker, Powered by Amazon Care

What You Should Know: - This week, Amazon announced the launch of its new Symptom Checker for Alexa devices and provide a list of possible medical conditions for common ailments like fever, rash, stomachache, runny nose, and headaches to help you make better-informed decisions about your health. - This symptom checker experience was inspired by the COVID-19 self-checker feature that Alexa teams was launched in March 2020. Alexa, Check My Symptoms As part of this
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Flume Health Secures $30M for Health Plan Administration Platform

by Fred Pennic 03/04/2022 Leave a Comment

Flume Health Secures $30M for Health Plan Administration Platform

What You Should Know: - Flume Health, an NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M. - Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or Plaid did for digital banking is what Flume is doing for digital health.  Launch Next Generation Health Plans in
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Lynx Launches with $17.5M for API-Connected Healthcare Payments

by Fred Pennic 03/03/2022 Leave a Comment

Lynx Launches with $17.5M for API-Connected Healthcare Payments

What You Should Know: - Lynx, a Boston-based API-connected healthcare payments, banking, and e-commerce platform announced today that it has emerged from stealth with $17.5M in equity financing led by Obvious Ventures and .406 Ventures with participation from Frist Cressey Ventures. Other investors include Winter Street Ventures (an investment subsidiary of Commonwealth Care Alliance), Shields Capital, and Huntington Avenue Ventures. - Lynx’s goal is to introduce modern fintech to
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How Support Automation Enhances Clinical Trial Management

by Fred Pennic 03/03/2022 Leave a Comment

How Support Automation Enhances Clinical Trial Management

The life of a clinical study relies on data from documentation, meetings, emails and calls; all of which can be overwhelming for patients, clinical trial teams and associates. Although mundane, documenting, executing and collecting data is crucial to move a trial from phase to phase. Clinical trial teams face a multitude of competing priorities, from evaluating hundreds of potential patients to maintaining compliance and recording patient progress. No aspect or step can be neglected for a
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Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment

by Fred Pennic 03/02/2022 Leave a Comment

Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment

What You Should Know: - Bamboo Health today announced an expanded partnership with Bicycle Health to enhance care collaboration for treating opioid use disorder (OUD) treatment, ahead of their upcoming participation at ViVE and HIMSS. - Bicycle Health will leverage the company’s Pings™ and Spotlights™ solutions for real-time insights into the emergency department (ED) and acute inpatient care utilization for improved outcomes, as well as to understand the impact of
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Mount Sinai Selects Accenture and Microsoft on Five-Year Transformation Journey to Cloud

by Fred Pennic 03/01/2022 Leave a Comment

Mount Sinai Uses Machine Learning to Improve Postpartum Hemorrhage Risk Prediction

What You Should Know: - Accenture and Microsoft will assist the Mount Sinai Health System (Mount Sinai) with its transition to the cloud to help enable innovation at a much faster pace. - By modernizing its infrastructure, Mount Sinai will be able to reinvest cost-savings and focus on its healthcare mission. The migration to Microsoft Azure could deliver millions in savings Accenture will collaborate with New York City’s largest academic medical system to help devise and securely
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MEDITECH Expands Expanse Ambulatory to Independent and Physician-Owned Practices

by Fred Pennic 03/01/2022 Leave a Comment

MEDITECH Adds Expanse Ambulatory EHR to Independent and Physician-Owned Practices

What You Should Know: - MEDITECH today announced the availability of Expanse Ambulatory in independent and physician-owned practices, without requiring an Expanse EHR in the hospital setting. - The subscription-based solution lives in the cloud, so there is no significant IT footprint required. Expanse Ambulatory’s Practice Management Expanse Ambulatory’s Practice Management solution offers efficient office workflows and intuitive features like drag-and-drop scheduling, automated
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