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Fred Pennic, Editor-in Chief | HIT Consultant

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

Digital Health Exec Hires: Transcarent Appoints CMO, Carium, Tegria, Swift Medical, GoCheckKids, Others

by Fred Pennic 03/17/2023 Leave a Comment

Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy. Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
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HHAeXchange Adds Six Solutions Providers to its Partner Connect Program

by Fred Pennic 03/17/2023 Leave a Comment

HHAeXchange Adds Six Solutions Providers to its Partner Connect Program

What You Should Know: - HHAeXchange, a provider of homecare management solutions for state Medicaid programs, managed care organizations, and providers has added six new solutions providers to its Partner Connect program. Founded in April 2021, Partner Connect is a leading-edge community built on HHAeXchange’s innovative platform, which allows the company’s customers to connect with complementary, industry-leading solutions providers whose products and services are designed to drive homecare
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ObvioHealth Launches Decentralized Clinical Trial for Migraine Treatment Device

by Fred Pennic 03/16/2023 Leave a Comment

ObvioHealth Launches Decentralized Clinical Trials for Migraine Treatment Device

What You Should Know: - ObvioHealth and Mi-Helper, Inc. announce a partnership to conduct a decentralized clinical trial for a non-invasive neuromodulation device for the treatment of migraines. The randomized controlled trial will be fully remote, enabling data capture from home—where the device is intended to be used. - Mi-Helper has been developed to meet a massive unmet need for effective, targeted, and drug-free pain management of migraines, a condition which impacts 1 billion
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Zus Health Raises $40M, Partners with Primary Care EHR Elation

by Fred Pennic 03/16/2023 Leave a Comment

Zus Raises $40M, Partners with Primary Care EHR Elation

What You Should Know: - Zus Health, (pronounced "Zoose"), a next-generation shared health data platform bringing distributed patient data directly to the point of care, announced today that the company has closed a $40 million financing from JAZZ Venture Partners, F-Prime Capital, Maverick Ventures, and Andreessen Horowitz (a16z). - Zus is the only shared health data platform designed to accelerate healthcare data interoperability by providing easy-to-use patient data at the
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PointClickCare Acquires Value-Based Care EHR Patient Pattern

by Fred Pennic 03/15/2023 Leave a Comment

PointClickCare Acquires Value-Based Care EHR Patient Pattern

What You Should Know: - PointClickCare Technologies, a healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of Patient Pattern. Financial terms of the transaction were not disclosed. - The combination of PointClickCare and Patient Pattern will further the companies’ shared vision of enabling better care and outcomes for high-needs populations and provide
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Lucid Hearing and Independa Launch World’s First Smart TV-Based Hearing Assessment on LG Smart TVs

by Fred Pennic 03/14/2023 Leave a Comment

What You Should Know: - Lucid Hearing, a provider of holistic hearing healthcare, and Independa, an award-winning software platform providing remote engagement, education, and care, today announced the launch of the world's first smart TV-based hearing assessments. The announcement marks the first-of-a-kind offering to improve accessibility and promote better hearing health for all Americans. - The partnership's breakthrough technology is
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Orbita and Isabel Healthcare Integrate to Deliver ‘Find Care’ Search & Symptom Triage to Streamline Patient Access

by Fred Pennic 03/14/2023 Leave a Comment

Orbita and Isabel Healthcare Integrate to Deliver ‘Find Care’ Search & Symptom Triage to Streamline Patient Access

What You Should Know: - Orbita, a provider of virtual assistants for healthcare, announced a partnership with Isabel Healthcare that will improve patients’ digital experiences, helping them find the right care for their individual health circumstances. Isabel’s Symptom Checker/Triage utilizes every-day language to help patients access appropriate care with the right urgency. - Many people who turn to technology when looking for a
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Steps for Preventing Medical Malpractice Risks

by Fred Pennic 03/14/2023 Leave a Comment

New Study Reveals EHR-Related Malpractice Suits On The Rise

Doctors and other healthcare professionals are entrusted with the responsibility of safeguarding the health and well-being of their patients, ensuring they receive the highest quality of care. While healthcare professionals are expected to provide a certain standard of care, any deviation from that standard that results in harm or injury to a patient may leave them exposed to a medical malpractice claim. The consequences of medical malpractice can be severe, and in some cases, can result in
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Pfizer Acquires Seagen for $43B to Tackle Cancer

by Fred Pennic 03/13/2023 Leave a Comment

Pfizer Acquires Seagen for $43B to Tackle Cancer

What You Should Know: - Pfizer announced it will acquire biotechnology company Seagen for $229 per Seagen share in cash, for a total enterprise value of approximately $43 billion. The proposed combination enhances Pfizer’s position as a leading company in Oncology. Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio. Seagen Background Seagen is a pioneer in ADC technology, with
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Sanofi to Acquire Diabetes Therapy Maker Provention Bio for $2.9B

by Fred Pennic 03/13/2023 Leave a Comment

Sanofi to Acquire Diabetes Therapy Maker Provention Bio for $2.9B

What You Should Know: - Sanofi has agreed to acquire Provention Bio, Inc., a U.S.-based, publicly traded biopharmaceutical company focused on intercepting and preventing immune-mediated diseases including type 1 diabetes (T1D), for $25.00 per share in cash, representing an equity value of approximately $2.9B. - The acquisition is a strategic fit for Sanofi at the intersection of the company’s growth in immune-mediated diseases and disease-modifying therapies in areas of high unmet
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