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Fred Pennic, Editor-in Chief | HIT Consultant

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

Genetics Startup Pleno Launches Out of Stealth with $15M

by Fred Pennic 05/25/2022 Leave a Comment

Genetics Startup Pleno Launches Out of Stealth with $15M

What You Should Know: - Pleno, a multi-omics startup, is emerging out of stealth with a $15M Pre-Series A financing and Greg Lucier as Chairman of the Board of Directors. Founded by Pieter van Rooyen, a well-known biotech engineer who built and sold his last company, Edico Genome, to Illumina for $100M. Edico's Dragen technology has become a staple in genetics research.  - Pleno's Hypercoding technology has the potential to revolutionize biological target detection for
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AWS, Deloitte Power Virtual Rapid Health Assistance Solution

by Fred Pennic 05/25/2022 Leave a Comment

AWS, Deloitte Power Virtual Rapid Health Assistance Solution

What You Should Know: - This week at AWS Summit, Washington D.C., Deloitte discussed its use of AWS Private 5G and Wickr secure technology to enable the National Emergency Tele-Critical Care Network (NETCCN) – a virtual rapid health assistance solution that allows defense teams to connect with medical teams remotely. NETCCN is managed by the US Army’s Telemedicine & Advanced Technology Research Center (TATRC), which is an integral part of the U.S. Army
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Geisinger Selects AWS as Strategic Cloud Provider to Migrate Over 400 Apps to AWS

by Fred Pennic 05/24/2022 Leave a Comment

Geisinger Expands Telehealth Services to Assess, Monitor and Triage COVID Patients At-Home

What You Should Know: - Geisinger has chosen Amazon Web Services (AWS) as its strategic cloud provider and will transition its entire digital portfolio of more than 400 applications and numerous workflows to AWS. - The project will be one of the largest electronic health record (EHR) cloud migrations to AWS to date, expected to enable life-saving technologies and save Geisinger several million annually. Geisinger's Cloud Migration to AWS The decision comes after a detailed multi-year
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KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

by Fred Pennic 05/24/2022 Leave a Comment

KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

What You Should Know:  KAID Health,makers of anartificial intelligence-enabled clinical analysis and provider engagement platform,today announced its $4.25M in Series A funding bringing their total capital raised to $6.45M. - The funding will fuel growth of the provider/payer platform that integrates with the electronic medical records (EMR) to identify high-value tactical care and coding interventions. The company will also expand its Boston, MA office and will hire new team
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Homethrive Raises $20M for Next-Gen Caregiving Platform

by Fred Pennic 05/23/2022 Leave a Comment

Homethrive Raises $20M for Next-Gen Caregiving Platform

What You Should Know: - Homethrive, a tech-enabled healthcare service company that’s disrupting and revolutionizing how employers, insurers, and affinity groups support unpaid family caregivers and their loved ones raises an additional $20M in Series B funding led by Human Capital. The round also included participation from Allianz and existing investors 7wireVentures and Pitango HealthTech. - The funding round fuel Homethrive’s aggressive expansion with self-insured employers and
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Olive Partners with Magenta to Revolutionize Risk Adjustment Process

by Fred Pennic 05/20/2022 Leave a Comment

Olive Partners with Magenta to Revolutionize Risk Adjustment Process

What You Should Know: - Olive, the automation company creating the Internet of Healthcare, today announced its partnership with Magenta Care Continuum, a HIPAA-compliant health records vault that includes care gap analytics. - Through the Olive Library, payers and providers can access Magenta's solutions to help close care gaps, improve billing and claims occurrence and ensure compliance and revenue integrity for value-based population management. Automating the Risk
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Tempus Launches Psychiatric Real-World Data Collaboration

by Fred Pennic 05/20/2022 Leave a Comment

Tempus Launches Pathology-Driven AI Platform

What You Should Know: - Tempus, an $8B precision medicine company, announced the launch of a new psychiatric real-world data program to leverage real-world data to inform mental health treatment.  - Tempus N+ is a collaboration between provider institutions across the country and Tempus to build an infrastructure for data-driven research – providers can seamlessly and securely contribute molecular and clinical data, and in turn, their clinicians and researchers can access a
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Solve.Care Launches First Crypto Healthcare Device Marketplace

by Fred Pennic 05/19/2022 Leave a Comment

Solve.Care Launches First Crypto Healthcare Device Marketplace

What You Should Know: - Solve.Care, the global healthcare blockchain technology company, has announced the world's first crypto-enabled marketplace dedicated to healthcare. - Care.Marketplace will allow for the purchase of domestic healthcare devices across the United States. This first-of-its-kind development will work to influence the use of domestic healthcare devices Crypto-Enabled Marketplace Solve.Care is creating innovative solutions to long-standing access challenges within
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Cerner Collaboration to Increase Access to Cancer Clinical Trials

by Strategic Partnerships 05/19/2022 Leave a Comment

Ochsner Health and Pfizer to Develop Innovative Models for Clinical Trials

What You Should Know: - Cerner, Elligo Health Research® and Freenome are collaborating to enable a clinical trial through the Learning Health Network to help advance early cancer detection. - Together they will be using the research-activated network of health systems, real-world data (RWD) and multiomics technology, developed by Freenome, with the goal to help accelerate early cancer detection. Importance of Early Cancer Detection Early
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Greater Good Health Raises $10M for NP-Centered Primary Care Model

by Fred Pennic 05/18/2022 Leave a Comment

Greater Good Health Raises $10M for NP-Centered Primary Care Model

What You Should Know: - Greater Good Health, the company redefining value-based care through the first primary care model centered around nurse practitioners (NPs) raises $10 million funding round led by LRVHealth, with participation from Martin Ventures, Health Velocity Capital and more.  - Committed to providing NPs with the tools they need to be successful, Greater Good Health offers access to a network of peers, training and development content and personal wellness experiences. The
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