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Fred Pennic, Editor-in Chief | HIT Consultant

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

Geisinger Taps Cohere Health to Streamline Prior Authorizations

by Fred Pennic 07/13/2022 Leave a Comment

Geisinger Taps Cohere Health to Streamline Prior Authorizations

What You Should Know: - Today Geisinger Health Plan (GHP) and Cohere Health, a provider of utilization management (UM) technology, announced they are joining forces to streamline the prior authorization process for providers. - Cohere’s collaborative UM platform will help GHP support value-based care delivery, reduce administrative costs, and lead the nation in aligning quality improvement initiatives across all its lines of business, including
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FDA Clears Eko’s Heart Disease Detection AI for Adults and Pediatrics

by Fred Pennic 07/12/2022 Leave a Comment

FDA Clears Eko’s Heart Disease Detection AI for Adults and Pediatrics

What You Should Know: - Today, Eko, a digital health company advancing heart and lung disease detection, has announced the FDA has issued clearance for its Eko Murmur Analysis Software (EMAS), the first and only machine learning algorithm to screen for valvular heart disease (VHD). - The next generation of Eko’s murmur detection capabilities grants Eko the first and only smart stethoscope on the market that can identify and
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Particle Health Raises $25M to Scale Health Data Exchange API Platform

by Fred Pennic 07/12/2022 Leave a Comment

Particle Health Raises $25M to Scale Health Data Exchange API Platform

What You Should Know: - Particle Health, a New York-based API platform for advanced healthcare data exchange, , today announced its Series B financing of $25 million led by Canvas Ventures with participation from Menlo Ventures, Story Ventures, and Pruven Capital. The financing brings the organization’s total capital raised to $39.3M. - From a healthcare infrastructure perspective, the company is leading the industry in applying the next-generation FHIR data format to make interoperability
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What to Know About Gene Therapy

by Fred Pennic 07/12/2022 Leave a Comment

What to Know About Gene Therapy

Gene therapy is making a world where cancer and AIDS can be cured, and a person can alter their genetic makeup, changing the direction of their own and their offspring's evolution in the process. However, the effects of gene therapy are long-lasting, and may impact both your and the health of your future children.  What Is Gene Therapy? Utilizing a gene or genes to treat or cure a disease or medical condition is known as gene therapy. Gene therapy frequently involves replacing a
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Defining Cyber Immunity: A Solution to Cyberattacks

by Arti Raman, CEO and Founder of Titaniam 07/12/2022 Leave a Comment

Defining Cyber Immunity: A Solution to Cyberattacks

In recent years, the world has become aware of the effects and nature of a far-reaching virus. Biologically, a virus is something that inserts itself into the body and can replicate itself enough to infect the host. While this is true for living things, technology can also be exposed to viruses. – codes that can replicate themselves using different methodologies with the ultimate goal to destroy data, hold it for ransom, or breach security. By some counts, there are more than 2,200
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Moving Analytics Nabs $20M for Virtual & Remote Cardiac Rehab Program

by Fred Pennic 07/11/2022 Leave a Comment

What You Should Know: - Moving Analytics, an Irvine, CA-based telehealth provider of cardiovascular prevention programs raises $20M in Series A funding led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital (American Heart Association's official VC fund), Nueterra Capital, and Citi Ventures. This round brings the company's total funding to $30M. - Moving Analytics plans to use the new funds to
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5 Public Health Challenges to Watch in the Post-Pandemic Era

by Syed Hamza Sohail 07/11/2022 Leave a Comment

COVID-19 Vaccine Cyber Attacks

What You Should Know: - Public health agencies across the US are at a crossroads, finds the Reimagining Public Health Survey produced by Ernst & Young LLP (EY US). - This survey of 301 public health officials found that while slightly more than one in two (52%) are optimistic about what data can achieve for their communities, the rate of digital transformation remains uneven, and organizations face significant barriers to change. Key Public Health Obstacles Post Covid-19 Public
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GE Healthcare Launches First 5G Innovation Lab for Remote Care

by Syed Hamza Sohail 07/11/2022 Leave a Comment

GE to Form Tax-Free Spin Off of GE Healthcare Focused on Precision Health

What You Should Know:  - GE Healthcare, a leading global medical technology, diagnostics, and digital solutions innovator, inaugurated its 5G Innovation Lab in Bengaluru, India, the first for GE Healthcare across the globe. - With the advantage of massive bandwidth, high data speeds, low latency, and highly reliable connectivity, 5G has the potential to disrupt the patient care continuum, transforming diagnosis, therapy, and prognosis. 5G Enabled Precision
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Tebra Raises $72M to Help Independent Practices Thrive

by Syed Hamza Sohail 07/11/2022 Leave a Comment

Tebra Raises $72M to Help Independent Practices Thrive

What You Should Know: - Tebra, the digital backbone for independent healthcare practices, announced that it has closed more than $72M in funding at a valuation greater than $1B. - This capital infusion will accelerate Tebra’s merger plans including expanding market share, developing and launching the combined product line and advancing the new branding for the company. Tebra supports over 100,000 providers who are delivering care to more than 90 million patients in the U.S. Digital
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RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

by Syed Hamza Sohail 07/08/2022 Leave a Comment

RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

What You Should Know: - RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT) for all stages of cancer, today announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s existing $50M of debt. - The remaining $70M of the new facility will be made available upon reaching certain regulatory and commercial milestones. The funds will support the continued commercialization of the RefleXion X1
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