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Fred Pennic, Editor-in Chief | HIT Consultant

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

Medication Intelligence Startup Arine Raises $29M

by Fred Pennic 08/19/2022 Leave a Comment

Medication Intelligence Startup Arine Raises $29M

What You Should Know: - Arine, a San Francisco-based next-generation medication intelligence company raises $29M in a Series B round funding composed of equity and debt financing led by 111° West Capital, with participation from new investors MBX Capital and New Leaf Ventures, and continued support from Katalyst Ventures.  - Founded in 2017, Arine helps health plans substantially decrease the cost of care and improve patient outcomes by reducing
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Uber Health Expands Internationally to Australia

by Fred Pennic 08/19/2022 Leave a Comment

Uber Launches Uber Health, an On-Demand Medical Transportation Service for Patients

What You Should Know: - Uber Health, Uber’s healthcare arm is expanding internationally, launching in Australia (its first market outside the U.S.), bringing Uber’s greater mission to healthcare organizations and patients across the country. - Over 3000 customers use Uber Health in the US. Following a pilot across Australia, the solution is now officially available to providers nationwide.  Uber Health in Australia By ensuring that more patients and staff are connected with
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Upfront Acquires Patient Engagement Platform PatientBond

by Fred Pennic 08/18/2022 Leave a Comment

Upfront Acquires Patient Engagement Platform PatientBond

What You Should Know: - Upfront acquires PatientBond, a digital patient engagement platform creating a single enterprise technology solution to drive patient acquisition and loyalty. - The acquisition accelerates Upfront's delivery of their next-generation personalization platform. Combined with Upfront's omnichannel communications capabilities, PatientBond's robust consumer insights build and expand loyal patient-provider relationships to influence positive behavioral changes, resulting
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Preventative Health Programs Need to Address 3 Key Components

by Jeff Ruby, Founder and CEO of Newtopia 08/18/2022 Leave a Comment

Preventative Health Programs Need to Address 3 Key Components

Combination of genetic testing, custom nutrition/exercise/mental wellbeing planning, and personal coaching thwarts chronic metabolic diseases through habit change. The most effective approach to treating chronic disease today focuses on behavior change and prevention.  Condition management is yesterday’s innovation; the real key is keeping healthy people healthy in the first place. Smart preventative treatment involves highly personalized experiences informed by behavioral genetic
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Modernizing Medical Payments: Why Providers Must Enrich the Patient Financial Experience

by Fred Pennic 08/17/2022 Leave a Comment

Modernizing Medical Payments: Why Providers Must Enrich the Patient Financial Experience

Medical billing issues cause many consumers to shop for different providers. Customers expect a simple, automated billing experience. Insider Intelligence’s recent Spotlight on Modernizing Medical Payments looks at what drives consumers away from their medical providers, and what providers can do to modernize their billing processes. Incorrect or Confusing Bill Cause Patients to Leave Their Doctors According to a December 2021 report on Patient Payment Technology, 64% of respondents
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Intelerad Acquires PenRad Technologies

by Fred Pennic 08/16/2022 Leave a Comment

Intelerad Acquires PenRad Technologies

What You Should Know: - Today, Intelerad, a leading global provider of enterprise medical imaging solutions, announced its acquisition of PenRad, a software provider for enhancing productivity for breast imaging and lung screening. - The acquisition expands Intelerad’s product offerings for mammography and lung analytics, ensuring radiologists, technologists and other healthcare professionals can drive greater productivity and meet higher oncology screening demand, while improving patient
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Philips Appoints New CEO Amid Respiratory Device Recall

by Fred Pennic 08/16/2022 Leave a Comment

Philips Appoints New CEO Amid Respiratory Device Recall

What You Should Know: - Philips today announced that Roy Jakobs is proposed to succeed Frans van Houten as President and Chief Executive Officer, effective October 15, 2022. - The Supervisory Board and current Philips CEO Frans van Houten have agreed that with the end of his third term in sight, the time is right for the change in leadership. After a comprehensive evaluation of external and internal candidates, the Supervisory Board has unanimously decided to propose Roy Jakobs as the
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Bicycle Health, Tele911 Partner to Bring OUD Care to Emergency Patients

by Fred Pennic 08/16/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a provider of virtual opioid addiction treatment, and Tele911, a telemedicine company specializing in reducing medically unnecessary ambulance transports of stable 911 patients to hospital ERs, today announced a partnership to increase access to opioid use disorder care for patients in emergency situations. - The partnership between the two organizations will ensure that patients experiencing health crises stemming from or in addition to opioid use
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UnitedHealthcare Awards $11M in Grants to Address Social Determinants of Health

by Fred Pennic 08/12/2022 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

What You Should Know: - Health insurer UnitedHealthcare has donated $11M in grants to nonprofit organizations across 11 states.  - These grants are part of our Empowering Health program focused on expanding access to care and addressing the social determinants of health (SDoH) for people in underserved communities. These grants assist individuals and families experiencing challenges from food insecurity, social isolation and behavioral health issues, and support local health
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Signal AI Acquires Healthcare Rep & Risk Insights Platform Kelp

by Fred Pennic 08/12/2022 Leave a Comment

Signal AI Acquires Healthcare Rep & Risk Insights Platform Kelp

What You Should Know: Signal AI, the leading global External Intelligence company, today announces that it has acquired US company KELP Inc., the first actionable platform for corporate reputation. Financial details of the acquisition were not disclosed. The healthcare industry is defined by reputation and trust. And through this acquisition Signal AI will now be able to build upon its risk management capabilities allowing healthcare companies to identify, mitigate and avoid emerging
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