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Fred Pennic, Editor-in Chief | HIT Consultant

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

Indegene Launches Metaverse Capabilities for Life Sciences Companies

by Fred Pennic 02/22/2023 Leave a Comment

Indegene Partners with Amwell to Customized Digital Patient Engagement

What You Should Know: - Indegene, a digital-first, life sciences commercialization company launches metaverse capabilities to support life sciences organizations with a variety of use cases, including health care provider (HCP) interactions, HCP education, and patient education. - Indegene’s domain expertise will provide life sciences organizations a foundation for navigating the complexity of this emerging technology and the flexibility to create tailored virtual worlds. Using these, life
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Bluestem Health Launches AI-Based Virtual Healthcare Assistant Powered by Mediktor

by Fred Pennic 02/21/2023 Leave a Comment

Bluestem Health Launches AI-Based Virtual Healthcare Assistant by Mediktor

What You Should Know: - Nebraska-based Bluestem Health today announced it has launched an AI-based virtual medical assistant powered by Mediktor. This is available for both established and non-established patients to efficiently assess their symptoms online and direct them to the appropriate level of care. - Mediktor combines AI, Natural Language Processing (NLP) and machine learning technologies for the first clinically validated digital medical assistant, proven in clinical trials with
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Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

by Fred Pennic 02/16/2023 Leave a Comment

Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

Today, cancer is the second leading cause of death in the United States. Sadly, cancer disparities exist, with racial/ethnic minority, low-income, and uninsured populations suffering the greatest burden. That’s why routine cancer screening is critical to addressing cancer disparities as they have the potential to greatly reduce both incidence and mortality rates. To address this, Federally qualified health centers (FQHCs) are funded by the Health Resources and Services Administration to provide
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IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

by Fred Pennic 02/16/2023 Leave a Comment

IncludeHealth Launches Device Agnostic Musculoskeletal Operating System

What You Should Know: - IncludeHealth, a provider of musculoskeletal technology solutions raises $11 million in a recent financing round led by CincyTech, with participation from Tamarind Hill and other investors. - The company plans to use the funding to further expand MSK-OS™, the Company’s remote care platform powered by computer vision. AI-Powered Virtual Physical Therapy IncludeHealth partners with musculoskeletal providers to extend their reach beyond the clinic and unlock
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Home Healthcare Market is Expected to Reach $340.2B

by Fred Pennic 02/16/2023 Leave a Comment

Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients

What You Should Know: - Home Healthcare market in terms of revenue was estimated to be worth $226 Billion in 2022 and is poised to reach $340.2 billion by 2027, growing at a CAGR of 8.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. - The report reveals growth in this market is mainly driven by rapid growth in the elderly population, and the rising incidence of chronic diseases. Rising Demand for Home-Health Services & Solutions The home
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Centura Health Acquires Utah Care Sites from Steward Health Care

by Fred Pennic 02/15/2023 Leave a Comment

Centura Health Acquires Utah Care Sites from Steward Health Care

What You Should Know: Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and
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Quest Diagnostics Acquires NewYork-Presbyterian Lab Services Assets

by Fred Pennic 02/14/2023 Leave a Comment

Quest Diagnostics Acquires NewYork-Presbyterian Lab Services Assets

What You Should Know: - NewYork-Presbyterian today announced a strategic agreement with Quest Diagnostics, a provider of diagnostic information services to broaden access to quality, innovative laboratory services for the providers and patients of NewYork-Presbyterian primarily in New York as well as the Tri-State Area and beyond. - Under a definitive agreement, Quest will acquire select assets of the laboratory services business of NewYork-Presbyterian. NewYork-Presbyterian will
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BenchSci Launches ‘Map’ of Biology Research Platform for Pharmaceutical Research

by Fred Pennic 02/13/2023 Leave a Comment

BenchSci Launches ‘Map’ of Biology Research Platform for Pharmaceutical Research

What You Should Know: - BenchSci, a Canadian-based tech company and leader in AI solutions for drug discovery recently launches a Google-backed 'map' of biology research platform, ASCEND™ by BenchSci, to understand the underlying biology. - The patented machine learning platform reads millions of published and previously hidden experiment external and internal data sources to create a map that allows scientists to more quickly (50% more) and accurately understand the biological
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Hexagon Bio Raises $77.3M to Expand Mining Microbial Genomes

by Fred Pennic 02/13/2023 Leave a Comment

Hexagon Bio Raises $77.3M to Expand Mining Microbial Genomes

What You Should Know: Hexagon Bio, a biopharmaceutical company pioneering the discovery of medicines encoded in the global metagenome raises $77.3M in Series B financing and made key appointments to its leadership team. The round includes participation from existing investors, including The Column Group, Two Sigma Ventures, 8VC, and Nextech, participated in the Series B round, joined by additional new investors, including Canada Pension Plan Investment Board (CPP Investments). - Hexagon’s
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Luna to Deliver In-Home Physical Therapy for AARP Members

by Fred Pennic 02/13/2023 Leave a Comment

Luna Unveils Value-Based Savings Orthopedic Program

What You Should Know:  - Luna, a provider of in-home physical therapy, announced that it has been chosen as the exclusive provider of in-home physical therapy for AARP members.  - Based on specialty, geography, schedule, and other factors, Luna will match AARP members with local therapists at the time and location of their choosing. For consistency of care, the same therapist will treat AARP members for the entirety of the treatment plan. Additionally, AARP members and therapists
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