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Fred Pennic, Editor-in Chief | HIT Consultant

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

Enthea Secures $2M to Expand Psychedelic Healthcare Provider Network

by Fred Pennic 12/06/2022 Leave a Comment

Enthea Nabs $2M to Expand Psychedelic Healthcare Provider Network

What You Should Know: - Enthea, the first provider of insurance plans for psychedelic healthcare, has announced a $2M Seed Round raise led by Tabula Rasa Ventures to offer psychedelic-assisted therapy as a workplace benefit. - The funds will be used to launch Enthea’s services into 40 markets across the U.S. in 2023 as well as grow its customer base and provider network to increase access to new, evidence-based healing options that have proven to be very effective in improving symptoms for
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Elevance Health Launches AI-Driven Nutrition Tracker

by Fred Pennic 12/05/2022 Leave a Comment

Elevance Health Launches AI-Driven Nutrition Tracker

What You Should Know: - Elevance Health -- formerly Anthem, Inc. has announced the expansion of its Sydney Health application with the addition of a nutrition tracker function driven by artificial intelligence (AI). The new feature, called Nutrition Tracker, recognizes foods or an entire meal, providing virtual nutrition advice to improve affiliated health plan members’ overall health and well-being. - Using smartphone cameras and typing-free nutrition tracking, affiliated health plan
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Vital Launches Lab Results Tool to Help with Cures Act Compliance

by Fred Pennic 12/05/2022 Leave a Comment

Vital Launches Lab Results Tool to Help with Cures Act Compliance

What You Should Know: Today, Vital, the leading AI-driven digital health company, launches Lab Results tool to help health systems comply with the 21st Century Cures Act, educate patients and expedite the sharing of results at the point of care.  - Vital’s new tool helps health systems not only comply with the new mandate but also present results in a timely, consumer-friendly way. Critical or sensitive results are flagged as such and shared personally by the appropriate
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RevSpring Integrates with Epic Willow to Take Payments for Pharmacy Transactions

by Fred Pennic 12/02/2022 Leave a Comment

RevSpring Integrates with Epic Willow to Take Payments for Pharmacy Transactions

What You Should Know: - RevSpring announced a new integration with Epic Willow that empowers staff to take payments for pharmacy transactions.  - The Willow integration focuses on specific solutions for pharmacies and gives them more choice about how to take and process in-pharmacy credit card payments in the most streamlined fashion.  Why It Matters This integration bolsters RevSpring’s comprehensive pharmacy-specific solutions for engagement and
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UpStream Raises $140M to Expand Value-Based Care Model Nationwide

by Fred Pennic 12/01/2022 Leave a Comment

UpStream Raises $140M to Expand Value-Based Care Model Nationwide

What You Should Know: - Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date. - UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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M&A: Carenet Health Acquires Stericycle Communication Solutions

by Fred Pennic 12/01/2022 Leave a Comment

M&A: Carenet Health Acquires Stericycle Communication Solutions

What You Should Know: - Carenet Health, a leading provider of 24/7 and on-demand patient engagement solutions, today announced it has acquired Stericycle Communication Solutions, an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. The companies’ combined capabilities create the industry’s most comprehensive patient experience platform. - This acquisition emphasizes Carenet’s commitment to providing better healthcare for all, as the combined
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M&A: NextGen Healthcare to Acquire TSI Healthcare for $68M

by Fred Pennic 11/30/2022 Leave a Comment

NextGen Healthcare-Acquires TSI Healthcare

What You Should Know: - NextGen Healthcare today announced it has signed a definitive agreement to acquire TSI Healthcare, a privately held value-added reseller located in Chapel Hill, NC. The acquisition will expand NextGen’s presence in specialties including rheumatology, pulmonology and cardiology. - TSI Healthcare® is a national leader in the sales and support of customized NextGen® Practice Management and Electronic Health Record software. TSI Healthcare delivers innovative,
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St. Luke’s Health Deploys Epic-Integrated I-PASS Solution for Standardized Handoff Communication

by Fred Pennic 11/29/2022 Leave a Comment

St. Luke's Health Deploys Epic-Integrated I-PASS Solution for Standardized Handoff Communication

What You Should Know: - Idaho-based St. Luke's Health System today announced it is implementing Epic-integrated standardized communication tools across the health system and have selected the I-PASS Patient Safety Institute to implement the I-PASS solution. - The I-PASS handoff bundle enables industry-leading health organizations to rapidly adopt and implement a common language for care transitions across specialties and continuum of
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Rgenta Therapeutics Raises $52M for Integrative RNA-Targeting Discovery Platform

by Fred Pennic 11/29/2022 Leave a Comment

Rgenta Therapeutics Raises $52M for Integrative RNA-Targeting Discovery Platform

What You Should Know: - Rgenta Therapeutics Inc. raises a $52M Series A round led by AZ-CICC Healthcare Investment Fund with participation from all existing investors and new investors including Korean Investment Partners, Delos Capital. - Rgenta Therapeutics is focusing on developing RNA-targeting medicines for historically undruggable disease targets. Targeting the “Undruggables” Only a quarter of the proteins implicated in human diseases are currently druggable by traditional
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Collective Health Appoints Chief Financial Officer

by Fred Pennic 11/29/2022 Leave a Comment

What You Should Know: - Collective Health has appointed Chris Newman as its new Chief Financial Officer. Under this leadership, he will be responsible for leading the finance team at Collective Health, while ensuring the company continues to grow in a way that delivers on its brand promise. Prior to joining Collective Health, Chris served as CFO and Chief Operating Officer for over five years at Rodan + Fields. Over the duration of his career, Chris served as COO and CFO for a number of
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