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Fred Pennic, Editor-in Chief | HIT Consultant

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

Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers

by Fred Pennic 02/10/2022 Leave a Comment

Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers

What You Should Know: - Today, Signify Health announced it has reached an agreement to acquire Caravan Health, a leader in enabling accountable care organizations (ACOs) to succeed in value-based care payment. Together, the companies form one of the largest networks of at-risk providers in the U.S.  - Together, Signify Health and Caravan Health will be better positioned to enable organizations to manage larger populations covered by value-based arrangements and to
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LifeOmic Acquires Bavard, an Enterprise-Grade Conversational AI Platform

by Fred Pennic 02/10/2022 Leave a Comment

LifeOmic Acquires Bavard, an Enterprise-Grade Conversational AI Platform

What You Should Know: - LifeOmic, a software company that leverages the cloud, machine learning and mobile devices to power precision health and wellness solutions announced it has acquired Bavard, a Utah-based conversational artificial intelligence (AI) company offering intelligent digital assistants and platforms. Financial details of the acquisition were not disclosed. - The acquisition comes as AI technology has experienced widespread adoption in the health care space, a trend
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Scopio Secures $50M for AI-Powered Peripheral Blood Smear App

by Fred Pennic 02/09/2022 Leave a Comment

Scopio Secures $50M for AI-Powered Peripheral Blood Smear App

What You Should Know: - Scopio Labs, provider of the world's first full-field digital cell morphology solution, today announced a $50M investment for its end-to-end hardware and software platform for digitizing, quantifying and analyzing hematology and other digital cytology samples. - The Series C round included OurCrowd, Aurum Ventures, Mizrahi-Tefahot Bank Invest and Ilex Medical, with the participation of strategic investors operating in the field and existing
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Amazon Care Expands Telehealth Services Nationwide, Expands In-Person Services in More Than 20 Cities

by Fred Pennic 02/08/2022 Leave a Comment

Amazon Care Expands Telehealth Services Nationwide, Expands In-Person Services in More Than 20 Cities

What You Should Know: - Amazon Care expands its telehealth services nationwide and in-person services will be rolled out in more than 20 new cities this year. The service is already available in Seattle, Baltimore, Boston, Dallas, Austin, Los Angeles, Washington, D.C., and Arlington. - Amazon plans to expand more than 20 additional cities—including major metropolitan areas like San Francisco, Miami, Chicago, and New York City—so customers can access care where and when they need it
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Medable Launches Decentralized Clinical Trials Partner Network

by Fred Pennic 02/08/2022 Leave a Comment

Medable Launches Decentralized Clinical Trials Partner Network

What You Should Know: - Medable Inc., a Palo Alto, CA-based provider for patient-centered clinical trials, today launched the Medable Partner Network – uniting a diverse ecosystem of technology, service, data, site, and direct-to-patient partners that work together to accelerate deployment of decentralized clinical trials. - The network includes new partnerships with Advanced Clinical, Cognizant, and CVS, and expanded relationships with Datavant, Oracle, Parexel, PPD, part of
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Epic, Galen Healthcare, Chartis Group Named 2022 Overall Best in KLAS Awards

by Fred Pennic 02/08/2022 Leave a Comment

Epic, Galen Healthcare, Chartis Group Named 2022 Overall Best in KLAS Awards

What You Should Know: - Epic, Nordic, Galen Healthcare and The Chartis Group won 2022 Overall Best in KLAS® awards, released today, which reports on the top vendors for 2022. Epic was named the top Overall Software Suite for the twelfth straight year in 2022 Best in KLAS Software & Services report, released today, which reports on the top vendors for 2021. Epic was also named the top Overall Physician Practice Vendor. Epic won nine other Best in KLAS awards in various market
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Lucira Health Secures $80M to Expand COVID-19 Test Kit

by Fred Pennic 02/08/2022 Leave a Comment

Lucira Health Secures $80M to Expand COVID-19 Test Kit

What You Should Know: - Lucira Health, Inc. (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced it has secured a debt facility of up to $80M with Hercules Capital, Inc. and Silicon Valley Bank. - Lucira's COVID-19 testing platform produces lab-quality molecular testing in a single-use, consumer-friendly, palm-size test kit powered by two AA batteries. The FDA EUA
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Koda Health Raises $3.5M to Expand Advance Directives Platform

by Fred Pennic 02/07/2022 Leave a Comment

Koda Health Raises $3.5M to Expand Advance Directives Platform

What You Should Know: - Koda Health, a Houston, TX-based advance directives platform empowering patients to take control of their healthcare journey raises $3.5M in seed funding led by Ecliptic Capital alongside participation from Headwater Ventures, Sigmas Capital, CRCM, and a number of angel investors. The funding will be used to double the size of Koda's team over the next six months and expand operations to all 50 states.  - Most commonly found Advance Directives are not detailed
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CVS Health Taps Medable to Bring Decentralized Clinical Trials to Pharmacies Nationwide

by Fred Pennic 02/07/2022 Leave a Comment

CVS Health Taps Medable to Bring Clinical Trials Platform to Pharmacies Nationwide

What You Should Know: - Medable and CVS Health announced a strategic collaboration that will make clinical research more accessible to patients of all demographics. Using Medable’s decentralized trial platform available to CVS Health’s thousands of community MinuteClinics nationwide, most people will be within just five minutes of a decentralized clinical trial research site – finally busting the longstanding barrier to research for millions of Americans - Where applicable, CVS Health will
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MedStar Health Launches Patient Experience Platform Powered by b.well

by Fred Pennic 02/04/2022 Leave a Comment

MedStar Health Joins Cerner Learning Health Network to Leverage Cerner EHR & HealtheIntent to Support Clinical Research

What You Should Know: - MedStar Health launches a new patient experience platform, a patient-focused tool that has the most comprehensive product features available in the region to greatly improve the patient experience and access to care, powered by  b.well Connected Health, a Baltimore-based digital health platform company focused on re-imagining the consumer healthcare experience and supporting healthcare stakeholders with their digital transformation efforts. - Using a smartphone,
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