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Fred Pennic, Editor-in Chief | HIT Consultant

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

M&A: Kyruus Acquires Epion Health

by Fred Pennic 09/13/2022 Leave a Comment

M&A: Kyruus Acquires Epion Health

What You Should Know: - Kyruus acquires Epion Health, a provider of digital patient engagement solutions. The two companies will join forces to offer healthcare organizations and providers a one-stop shop for patient access and engagement solutions.   - The acquisition demonstrates Kyruus’ commitment to the medical group market and will now provide groups and health systems with complete patient access, care coordination, online scheduling, payment collection, and digital
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Redesign Health Raises $65M to Build Next-Gen Health Startups

by Fred Pennic 09/13/2022 Leave a Comment

Redesign Health Raises $65M to Build Next-Gen Health Startups

What You Should Know: - Redesign Health,  a healthcare company that researches, builds and launches other healthcare companies raises $65M in Series C funding led by General Catalyst with participation from CVS Health Ventures, UPMC Enterprises (the innovation and venture capital arm of leading health system UPMC), Eden Global Partners, Euclidean Capital, Samsung Next, TriplePoint Capital, and founding investor Declaration Partners. - In addition, General Catalyst,
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PurpleLab Secures $40M for No-Code Healthcare Analytics Platform

by Fred Pennic 09/12/2022 Leave a Comment

PurpleLab Secures $40M for No-Code Healthcare Analytics Platform

What You Should Know: - PurpleLab, Inc. raises $40M in Series B funding led by Primus Capital, which joins existing investor Edison Partners. - Founded in 2017, PurpleLab has a strong pedigree in proprietary methodologies for data organization, cleansing, management, and governance to solve key challenges across the healthcare industry. No code needed to create fully configured analytical reports  HealthNexus™, the company's no-code analytics platform empowers life science,
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Teladoc Health Appoints First-Ever Chief Health Equity Officer  

by Fred Pennic 09/12/2022 Leave a Comment

Teladoc Health Appoints First-Ever Chief Health Equity Officer

What You Should Know: - Teladoc Health has named Saranya Loehrer, MD, MPH, as its first-ever chief health equity officer. Reporting to Teladoc Health chief medical officer, Dr. Vidya Raman-Tangella, Loehrer will serve as a key member of the executive leadership team, and will partner, create and drive strategies to expand  equitable access to quality care across the globe. - In her new role at Teladoc Health, Loehrer will set the direction for the organization’s health equity
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Castlight + Vera Appoints New CEO; Rebrands as Apree Health

by Fred Pennic 09/08/2022 Leave a Comment

Castlight + Vera Appoints New CEO; Rebrands as Apree Health

What You Should Know: - Vera Whole Health, Inc. and Castlight Health, Inc. appoints former Cerner President Donald Trigg as chief executive officer (CEO) - In addition, the companies have rebranded as apree health that will be combine Castlight’s healthcare navigation platform with Vera’s advanced primary care solutions to improve patient outcomes and transform the healthcare industry. Donald Trigg Background Donald Trigg most recently served as president of
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Headspace Health Acquires BIPOC Mental Health App, Shine

by Fred Pennic 09/08/2022 Leave a Comment

Headspace Health Acquires BIPOC Mental Health App, Shine

What You Should Know: - Today, Headspace Health, the world's most comprehensive digital mental health provider, today announced its acquisition of the Shine app, a mental health and wellness platform dedicated to providing a more representative and inclusive mental health experience for the BIPOC community.  - Founded in 2016, the Shine app serves over 45,000 paid subscribers and has reached over six million people by offering self-guided content – including daily meditations,
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XRHealth Adds NeuroReality Cognitive Training to Virtual Clinics

by Fred Pennic 09/07/2022 Leave a Comment

XRHealth Adds NeuroReality Cognitive Training to Virtual Clinics

What You Should Know: -  XRHealth, the gateway to the healthcare metaverse, announces today that the company adds NeuroReality’s cognitive training to their virtual clinics.  - The NeuroReality’s virtual reality neuro rehab, a serious game, is an immersive experience known as Koji’s Quest. NeuroReality’s VR neuro rehab is designed for individuals who suffer from the consequences of stroke and brain injuries, where patients are guided through activities aimed
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Datavant Acquires Convenet to Build Trial Tokenization in the UK

by Fred Pennic 09/07/2022 Leave a Comment

Datavant Acquires Convenet to Build Trial Tokenization in the UK

What You Should Know: - Datavant, the leader in helping organizations securely connect health data, today announced steps towards international expansion with the acquisition of Convenet, a health technology infrastructure company headquartered in the UK. - Datavant will expand privacy-preserving tokenization and data linkage capabilities to the UK in order to connect clinical trial data to real-world data. Building Trial Tokenization in the
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Techstars Relaunches Healthcare Accelerator in Los Angeles

by Fred Pennic 09/07/2022 Leave a Comment

Techstars Relaunches Healthcare Accelerator in Los Angeles

What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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CVS Health to Acquire Signify Health for $8B

by Fred Pennic 09/06/2022 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B. - Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it. Advancing CVS Health’s Value-Based Care Long-Term Strategy Signify Health is a provider of Health Risk Assessments, value-based
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