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Fred Pennic, Editor-in Chief | HIT Consultant

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

Philips Capsule Surveillance Receives 510(k) Clearance

by FDA Clearances 03/15/2022 Leave a Comment

Philips Capsule Surveillance receives 510(k) clearance

What You Should Know: - Philips Capsule Surveillance solution has received 510(k) market clearance from the U.S. Food & Drug Administration (FDA), paving the way for widespread deployment across healthcare systems in the USA. - Capable of utilizing streaming data from virtually any connected medical device, the solution aggregates patient data, analyses it to generate actionable insights and alerts, and sends timely notifications to the patient’s caregivers so that they can
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House Rx Secures $30M to Optimize the Specialty Pharmacy Experience for Patients and Their Care Teams

by Fred Pennic 03/14/2022 Leave a Comment

House Rx Secures $30M to Optimize the Specialty Pharmacy Experience for Patients and Their Care Teams

What You Should Know: - Today House Rx, a health technology platform that empowers oncology and rheumatology physician practices with medically integrated dispensing, announced they’ve secured $30 million in financing. - Founded by two former Flatiron Health executives, Ogi Kavazovic and Tesh Khullar the company has partnered with four medical practices and 30 prescribers since March 2021. House Rx, a health technology platform focused on improving
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Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

by Fred Pennic 03/10/2022 Leave a Comment

Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

What You Should Know - Homeward, a new company focused on improving access to high-quality, affordable primary and specialty care in rural communities launches with an initial $20M investment. - The organization is rearchitecting care for rural Americans who have a 23% higher mortality rate than those in urban communities. Homeward – a San Francisco, CA-based mobile, in-person, and telehealth hybrid care model (with specialty and primary care providers) for people
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Gates Foundation Donates $5M for 1,000 Butterfly Ultrasounds to Sub-Saharan Africa

by Fred Pennic 03/09/2022 Leave a Comment

Butterfly iQ Expands Whole-Body Ultrasound System to Android Devices

What You Should Know: - Butterfly Network, Inc. (NYSE: BFLY), a digital health company transforming care with handheld, whole-body ultrasound, today announced it received a grant in the amount of $5 million from the Bill & Melinda Gates Foundation to improve maternal and fetal health. - Through this grant Butterfly will provide 1,000 healthcare workers in Sub-Saharan Africa with Butterfly iQ+, the world’s only handheld Advance Maternal and Fetal Health Butterfly Network will
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MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform

by Fred Pennic 03/09/2022 Leave a Comment

MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform

What You Should Know: - MediView XR, Inc., raises $9.9M in SAFE financing syndicated by Inside View Investments, LLC, a private investment firm.  MediView has raised approximately $14.4MM in total funding to date. - Investment will support key technology development, commercialization and regulatory submissions. MediView XR Inc., a Cleveland-based medtech company that leverages augmented reality, remote connectivity and spatial computing data to create revolutionary surgical
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Tift Medical Integrates Sepsis Monitoring with Cerner EHR to Improve Early Detection

by Fred Pennic 03/08/2022 Leave a Comment

Tift Medical Integrates Sepsis Monitoring with Cerner EHR to Improve Early Detection

What You Should Know: - Clinicians now access Wolters Kluwer’s real-time sepsis monitoring alerts within Cerner EHR at Tift Regional Medical Center. - POC Advisor’s highly accurate alerts and guidance are automatically delivered to the point of care to improve sepsis patient outcomes. Wolters Kluwer, Health today announced that Tift Regional Medical Center, the flagship hospital of Southwell, a Georgia not-for-profit health system, has integrated POC Advisor, its sophisticated sepsis
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BrightInsight & UCB Partner to Build Digital Care Solutions for Rare Diseases

by Fred Pennic 03/08/2022 Leave a Comment

BrightInsight & UCB Partner to Build Digital Care Solutions for Rare Diseases

What You Should Know: - BrightInsight, provider of the leading global platform for biopharma and medtech regulated digital health solutions, announced a partnership with global biopharma, UC to build digital care solutions for rare diseases. - BrightInsight will build and bring to market a digital disease management solution to support patients with Myasthenia Gravis (MG), a rare autoimmune disease that disrupts how nerves communicate with muscles, affecting more than 700,000 people
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GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

by Fred Pennic 03/07/2022 Leave a Comment

GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

What You Should Know:- GoodRx announced that it will acquire vitaCare Prescription Services, a tech-enabled pharmacy services platform that expands GoodRx’s offering to pharma manufacturers while improving patient access and adherence to affordable brand drugs.   - Over 500 million brand prescriptions are written every year, yet only half are ever filled. This acquisition will give GoodRx the tools we need to help address this problem and facilitate the brand
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MediQuant® DataArk Awarded Project to Archive All Military Health Records

by Fred Pennic 03/07/2022 Leave a Comment

MediQuant® DataArk Awarded Project to Archive All Military Health Records

What You Should Know: MediQuant®, a provider of enterprise active archiving and conversion solutions, has been selected by the US Defense Health Agency (DHA) to help consolidate all clinical data across the Military Health System as it transitions to a new enterprise electronic health records (EHR) platform by 2024. - The contract to deploy MediQuant’s DataArk solution for the DHA “Genesis” rollout was secured by ECS, a leading provider of science, engineering, and advanced technology
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Cedar Launches Cedar Pre to Transform Patient Financial Experience

by Fred Pennic 03/07/2022 Leave a Comment

Cedar Launches Cedar Pre to Transform Patient Financial Experience

What You Should Know: - Cedar launches Cedar Pre to deliver seamless and comprehensive healthcare experiences to consumers preparing for care. - By leveraging Cedar’s expanded patient engagement suite, providers can empower patients with unprecedented access and affordability from pre-registration and intake through final payment.  Cedar, a New York City-based healthcare financial technology platform built for today’s consumers, today announced the launch of Cedar Pre, an
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