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Fred Pennic, Editor-in Chief | HIT Consultant

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

Hyundai Motor Group & NowRx to Explore Autonomous Vehicles for Medication Delivery

by Fred Pennic 05/12/2022 Leave a Comment

Hyundai Motor Group to Pilot Autonomous Vehicles for Medication Delivery

What You Should Know: - Hyundai Motor Group (the Group), the global scale mobility provider including Hyundai Motor Company and Kia Corporation has partnered with tech-powered pharmacy NowRx on a pilot project to explore autonomous vehicles for medication delivery - The pilot project will test and develop automated dispatch, fleet management, and other last-mile optimization technologies for same-day prescription delivery, with the possibility of testing
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Bon Secours Mercy Health Launches Digital Holding Company Accrete Health Partners

by Fred Pennic 05/11/2022 Leave a Comment

Bon Secours Mercy Health Launches Digital Holding Company Accrete Health Partners

What You Should Know: - Bon Secours Mercy Health (BSMH) today announced the launch of Accrete Health Partners, a digital holding company, that will function to further expand the organization's digital health services as well as new and ongoing programs and partnerships.   - New digital holding company will coalesce a continuum of leading solutions and services to connect the technology, data and people needed to streamline healthcare and ultimately help improve
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

by Fred Pennic 05/11/2022 Leave a Comment

Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

What You Should Know: - Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global. - Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients. Direct Contracting Platform In anticipation of July payer rates
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David Blumenthal to Step Down as Commonwealth Fund President at End of Year

by Fred Pennic 05/11/2022 Leave a Comment

David Blumenthal to Step Down as Commonwealth Fund President at End of Year

What You Should Know: - David Blumenthal, M.D., will step down as president of the Commonwealth Fund at the end of 2022, after 10 years as head of the health care policy foundation. - Under his leadership, the Commonwealth Fund has implemented several new initiatives, including a major effort to eliminate racial and ethnic disparities in healthcare practice, policy, and outcomes and an expansion of work in healthcare coverage and access and international health policy and practice
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OncoHost Raises $35M for AI-Powered Precision Oncology Platform

by Fred Pennic 05/10/2022 Leave a Comment

OncoHost Raises $35M for AI-Powered Precision Oncology Platform

What You Should Know: - OncoHost, an AI-powered precision oncology platform, today announced a $35M Series C funding round led by ALIVE Israel HealthTech VC, as well as other prominent investors. Additional investors included leading Israeli financial firm Leumi Partners, Israel’s largest pension fund Menora Mivtachim, OurCrowd and other existing investors. - The funding will go towards expanding OncoHost’s ongoing multicenter PROPHETIC trial as well as support its upcoming
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Intermountain Partners with VC Firm General Catalyst on Innovation

by Fred Pennic 05/10/2022 Leave a Comment

Intermountain Partners with VC Firm General Catalyst on Innovation

What You Should Know: - Intermountain Healthcare announced a strategic partnership with digital health venture capital firm General Catalyst that will involve jointly exploring opportunities to accelerate the shift to value-based care through digital and other solutions. - As part of the collaboration, Intermountain and General Catalyst will leverage the Health Assurance Network, which is a group of tech innovation companies within General Catalyst’s investment portfolio that are dedicated
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Rimidi and ARKRAY Partner to Bring Glucose Data to the EHR

by Fred Pennic 05/09/2022 Leave a Comment

Rimidi and ARKRAY Partner to Bring Glucose Data to the EHR

What You Should Know: - In an effort to make blood glucose data more actionable for providers and patients alike, Rimidi, a leading clinical management platform announced its integration with the ARKRAY GLUCOCARD® Shine Connex Blood Glucose Monitoring System to Rimidi’s Platform. - The integration enables providers to manage blood-glucose control more proactively within existing workflows, thus boosting patient adherence. Blood Glucose Data Directly Embedded in EHR Diabetes is the
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ScionHealth Signs 10-Year End-to-End RCM Partnership with R1 RCM

by Fred Pennic 05/09/2022 Leave a Comment

ScionHealth Signs 10-Year End-to-End RCM Partnership with R1 RCM

What You Should Know: - Today, R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions, is announcing a 10-year end-to-end partnership with ScionHealth, a new Louisville-based health system comprising nearly 80 hospitals, to provide exclusive enterprise RCM services to its long-term acute care hospitals. - ScionHealth joins healthcare systems including Ascension, Intermountain Healthcare, LifePoint Health, Penn State Health and more that have chosen R1 to
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation

by Fred Pennic 05/05/2022 Leave a Comment

AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

What You Should Know: - Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning. - The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare. Growing Need for Revenue Cycle Automation Staff shortages are particularly concerning for healthcare revenue cycle
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Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

by Fred Pennic 05/04/2022 Leave a Comment

Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

Axuall’s CEO & Founder, Charlie Lougheed shares why health administration teams should embrace the power of robotic process automation (RPA). Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network
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