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Fred Pennic, Editor-in Chief | HIT Consultant

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

connectRN Secures $76M for Healthcare Workforce Platform to Address Clinician Burnout

by Fred Pennic 12/08/2021 Leave a Comment

connectRN Secures $76M for Healthcare Workforce Platform to Address Clinician Burnout

What You Should Know: - connectRN raises $76M to support the acceleration of its healthcare workforce platform and address clinician burnout. - connectRN is a tech-enabled platform connecting nurses and aides with opportunities to improve their work-life. connectRN, a Waltham, MA-based tech-enabled platform built to improve clinicians’ lives through access to community, opportunity, and support, announced it has completed a $76M financing round co-led by Suvretta Capital Management
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Suki Secures $55M for Voice-Enabled Clinical Assistants to Relieve Physician Burnout

by Fred Pennic 12/07/2021 Leave a Comment

Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

What You Should Know: - Suki raises $55M in Series C funding to expand its AI-enabled, voice-enabled clinical assistants to relieve physician burnout. - Suki will use this funding to make strategic investments that will lead to an expansion of its user base through new and existing partnerships with leading health systems and medical groups while bolstering employee growth and development. Suki, the leader in voice artificial intelligence (AI) technology for healthcare, announced
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A Troop of 800lb Gorillas are Vying to be “The Amazon of Healthcare”

by Brian Yarnell, President and Co-Founder Bluestream Health 12/06/2021 Leave a Comment

A Troop of 800lb Gorillas are Vying to be “The Amazon of Healthcare”

A Troop of 800lb Gorillas are Vying to be “The Amazon of Healthcare” and Traditional Healthcare Providers are about to get Mauled First, I love Amazon. Mr. Bezos, please don’t turn off our Bluestream servers. Now my groveling is out of the way I can say “being the Amazon” doesn’t necessarily have a positive connotation these days. Just this month, it was reported that Amazon copied products and rigged search results to promote its own brands. With trillions of dollars at stake in the
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Primary Care Model Focused On NPs Launches To Increase Access To Primary Care

by Fred Pennic 12/06/2021 Leave a Comment

Primary Care Model Focused On NPs Launches To Increase Access To Primary Care

What You Should Know: Healthcare startup Greater Good Health has launched the industry’s first primary care model centered around nurse practitioners (NPs), just as more states are allowing NPs to practice without physician supervision.    Greater Good Health, a VC-backed healthcare startup committed to redefining value-based care, has launched the industry’s first primary care model centered around nurse practitioners (NPs). Greater Good
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Nordic Consulting Acquires S&P Consultants to Expand Cerner Division

by Fred Pennic 12/03/2021 Leave a Comment

Nordic Consulting Expands Cerner Division with Acquisition of S&P Consultants

What You Should Know: Nordic Consulting expands its Cerner footprint with the acquisition of health IT consulting firm, S&P Consultants. Nordic Consulting, a global health and technology consulting company has acquired S&P Consultants, a healthcare IT consulting firm with a strong focus on Cerner services. As part of the acquisition, S&P will become a Nordic global company - alongside Bails, Healthtech, and Tasman - collectively helping healthcare
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M&A: PE Firm Carlyle Acquires Health IT Solutions Provider CNSI

by Fred Pennic 12/03/2021 Leave a Comment

M&A: PE Firm Carlyle Acquires Health IT Solutions Provider CNSI

What You Should Know: PE Firm Carlyle acquires CNSI, a provider of health information technology enterprise solutions from A&M Capital Partners. Global investment firm Carlyle (NASDAQ: CG) announced that affiliated funds managed by Carlyle have agreed to acquire CNSI from Alvarez & Marsal Capital Partners. CNSI provides innovative healthcare technology solutions for some of the most forward-thinking State and Federal clients. Financial details of the acquisition were not
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Microsoft and CVS Health Partner to Accelerate Personalized Care Experience

by Fred Pennic 12/02/2021 Leave a Comment

CVS Health Launches Transform Oncology Care Program, Partners with Tempus

What You Should Know: CVS Health and Microsoft announce a new strategic alliance to reimagine personalized care and accelerate digital transformation. CVS Health (NYSE: CVS) and Microsoft Corp. (NYSE: MSFT) today announced a new strategic alliance focused on developing innovative solutions to help consumers improve their health while empowering over 300,000 CVS Health employees – including frontline workers – with tools to better serve more than 100 million people. The collaboration with
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AWS and Pfizer Accelerate Drug Development and Clinical Manufacturing

by Fred Pennic 12/02/2021 Leave a Comment

AWS, PHDA Collaborate to Develop Breast Cancer Screening and Depression Machine Learning Models

What You Should Know: Amazon Web Services (AWS) announced it is working with Pfizer to create innovative, cloud-based solutions to accelerate drug development and clinical manufacturing for testing in clinical trials. Today, Amazon Web Services, Inc. (AWS) announced that it is working with Pfizer to create innovative, cloud-based solutions with the potential to improve how new medicines are developed, manufactured, and distributed for testing in clinical trials. The companies are
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Truepill Launches End-to-End COVID-19 Virtual Care Platform

by Fred Pennic 12/01/2021 Leave a Comment

Truepill Launches End-to-End COVID-19 Virtual Care Platform

What You Should Know: Truepill launches its end-to-end COVID-19 virtual care platform to provide convenient online care for COVID-19 alongside the rapid delivery of antiviral medication. Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare, today announced plans for a first-of-its-kind COVID-19 virtual care platform. This end-to-end solution will enable Truepill customers to create white-labeled virtual care
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M&A: HealthStream Acquires Rievent Technologies for $4M

by Fred Pennic 12/01/2021 Leave a Comment

M&A: HealthStream Acquires Rievent Technologies for $4M

What You Should Know: Leveraging its hStream open architecture, HealthStream expands its ecosystem with the acquisition of Rievent Technologies’ continuing education management and delivery application. HealthStream (Nasdaq: HSTM), a provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired substantially all of the assets of Rievent Technologies, a Virginia-based healthcare technology company for $4M in cash. Through the acquisition,
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