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Fred Pennic, Editor-in Chief | HIT Consultant

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

Digital Senior Care Navigator Fair Square Medicare Raises $15M 

by Fred Pennic 08/26/2022 Leave a Comment

Digital Senior Care Navigator Fair Square Medicare Raises $15M

What You Should Know: - Digital senior care navigator Fair Square Medicare raises 15M in series A funding led by Define Ventures. The company, which is a YCombinator alum, has raised $19M to date. - With 10,000 people turning 65 every day, Fair Square Medicare helps seniors find the right Medicare coverage regardless of commission, and is building a full-service digital healthcare assistance platform for seniors. Care Navigator for Seniors Launched in 2020 out of YC, Fair Square
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Japanese Startup Ubie Secures $26M for AI-Powered Symptom Checker

by Fred Pennic 08/26/2022 Leave a Comment

Japanese Startup Ubie Secures $26M for AI-Powered Symptom Checker

What You Should Know: - Ubie, a Japan-based digital health startup raises $26.2 M in Series C funding to bring unprecedented medical experience by strengthening partnerships with pharmaceutical companies in Japan and the US. - Led by a team of talented developers and medical doctors, Ubie uses a machine-learning algorithm and offers Ubie AI Symptom Checker, allowing patients to check on their symptoms and determine the next appropriate course of action for free. AI-Powered Symptom
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Plume Raises $24M for Gender-Affirming Virtual Care to Support Trans & Gender Diverse Community

by Fred Pennic 08/23/2022 Leave a Comment

Plume Raises $24M for Gender-Affirming Virtual Care

What You Should Know: - Plume, a provider of virtual care services purposefully designed for the health care needs of the transgender community raises $24M in Series B funding led by led by Transformation Capital with participation from General Catalyst and Townhall Ventures. - Plume plans to use the latest round of funding to fulfill its mission to transform health care for every trans life by creating access to high-quality, safe gender-affirming care. Expanding
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Cedars-Sinai Accelerator Adds 10 New Digital Health Startups

by Fred Pennic 08/23/2022 Leave a Comment

Cedars-Sinai Accelerator Adds 10 New Digital Health Startups

What You Should Know: - Cedars-Sinai Accelerator, today announced its eighth accelerator class of ten new digital health startups. - From digital health mental health services to wearable devices to manage chronic asthma, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Cedars-Sinai Accelerator Overview During the three-month term, company representatives collaborate with
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AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

by Fred Pennic 08/22/2022 Leave a Comment

AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

What You Should Know: - Anomaly, a precision payments company streamlining healthcare billing and payments for providers and payers, today announced its new offering Anomaly Smart Response. - Smart Response uses AI to enable providers and payers to reduce avoidable claim denials and rework and increase payment transparency, top priorities for healthcare stakeholders. Smart Response complements Anomaly’s planned suite of products powered by its AI claim prediction engine, including
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Medication Intelligence Startup Arine Raises $29M

by Fred Pennic 08/19/2022 Leave a Comment

Medication Intelligence Startup Arine Raises $29M

What You Should Know: - Arine, a San Francisco-based next-generation medication intelligence company raises $29M in a Series B round funding composed of equity and debt financing led by 111° West Capital, with participation from new investors MBX Capital and New Leaf Ventures, and continued support from Katalyst Ventures.  - Founded in 2017, Arine helps health plans substantially decrease the cost of care and improve patient outcomes by reducing
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Uber Health Expands Internationally to Australia

by Fred Pennic 08/19/2022 Leave a Comment

Uber Launches Uber Health, an On-Demand Medical Transportation Service for Patients

What You Should Know: - Uber Health, Uber’s healthcare arm is expanding internationally, launching in Australia (its first market outside the U.S.), bringing Uber’s greater mission to healthcare organizations and patients across the country. - Over 3000 customers use Uber Health in the US. Following a pilot across Australia, the solution is now officially available to providers nationwide.  Uber Health in Australia By ensuring that more patients and staff are connected with
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Upfront Acquires Patient Engagement Platform PatientBond

by Fred Pennic 08/18/2022 Leave a Comment

Upfront Acquires Patient Engagement Platform PatientBond

What You Should Know: - Upfront acquires PatientBond, a digital patient engagement platform creating a single enterprise technology solution to drive patient acquisition and loyalty. - The acquisition accelerates Upfront's delivery of their next-generation personalization platform. Combined with Upfront's omnichannel communications capabilities, PatientBond's robust consumer insights build and expand loyal patient-provider relationships to influence positive behavioral changes, resulting
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Preventative Health Programs Need to Address 3 Key Components

by Jeff Ruby, Founder and CEO of Newtopia 08/18/2022 Leave a Comment

Preventative Health Programs Need to Address 3 Key Components

Combination of genetic testing, custom nutrition/exercise/mental wellbeing planning, and personal coaching thwarts chronic metabolic diseases through habit change. The most effective approach to treating chronic disease today focuses on behavior change and prevention.  Condition management is yesterday’s innovation; the real key is keeping healthy people healthy in the first place. Smart preventative treatment involves highly personalized experiences informed by behavioral genetic
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Modernizing Medical Payments: Why Providers Must Enrich the Patient Financial Experience

by Fred Pennic 08/17/2022 Leave a Comment

Modernizing Medical Payments: Why Providers Must Enrich the Patient Financial Experience

Medical billing issues cause many consumers to shop for different providers. Customers expect a simple, automated billing experience. Insider Intelligence’s recent Spotlight on Modernizing Medical Payments looks at what drives consumers away from their medical providers, and what providers can do to modernize their billing processes. Incorrect or Confusing Bill Cause Patients to Leave Their Doctors According to a December 2021 report on Patient Payment Technology, 64% of respondents
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