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Fred Pennic, Editor-in Chief | HIT Consultant

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

Stryker Acquires Med Device Company Gauss Surgical

by Fred Pennic 09/07/2021 Leave a Comment

Stryker Acquires Med Device Company Gauss Surgical

What You Should Know: - Stryker today announced the acquisition of Gauss Surgical, a Menlo Park, CA-based medical device company that has developed Triton™, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery. Financial details of the acquisition were not disclosed. - Triton combines the power of A.I. with the simplicity of a mobile device to deliver accurate blood loss during surgery. Triton has demonstrated improvements in maternal and
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Solv Raises $45M to Expand Same-Day Appts & Virtual Care Options Nationwide

by Fred Pennic 09/02/2021 Leave a Comment

Solv Raises $45M to Expand Same-Day Appts & Virtual Care Options Nationwide

What You Should Know: - Solv (Solv Health),  a San Francisco, CA-based national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced it has raised $45M in Series C funding led by Acrew Capital and Corner Ventures. The Series C round also included participation from prior investors Greylock Partners and Benchmark Capital. - The funding will support Solv's expansion of its national network of healthcare providers, consumer-driven
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Brightline Expands Virtual Behavioral Health Support For Kids, Teens, and Families Nationwide

by Fred Pennic 09/02/2021 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, a Palo Alto, CA-based provider of virtual behavioral health care for children and families, announced nationwide expansion of its first-of-its kind behavioral health coaching programs and digital platform, called Brightline Connect, to support families across the country. - Brightline initially launched behavioral health coaching for children, teenagers, and parents and caregivers in spring 2021 to bring families tangible support — especially in the
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H1 Launches Solution to Build More Inclusive, Successful Clinical Trials

by Fred Pennic 09/02/2021 Leave a Comment

H1 Launches Solution to Build More Inclusive, Successful Clinical Trials

What You Should Know: - H1, which provides the largest global healthcare platform connecting the healthcare ecosystem, announced today that it has launched H1 Trial Landscape, the first solution that not only helps pharma and life sciences companies determine the required clinical experience levels for their clinical trials, but also enables them to find the best patient segments to improve inclusivity, retention and recruitment for successful trials. - Studies have shown that more than
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Provation Acquires endoPRO Software Portfolio from PENTAX Medical

by Fred Pennic 09/01/2021 Leave a Comment

Provation Acquires endoPRO Software Portfolio from PENTAX Medical

What You Should Know:  - Provation, a SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of the endoPRO® endoscopy informatics and software portfolio from PENTAX Medical. Terms of the carve-out transaction were not disclosed. - The Provation-acquired endoPRO portfolio of software solutions includes endoPRO iQ® endoscopy procedure
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Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

by Fred Pennic 08/31/2021 Leave a Comment

Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

What You Should Know: - Ellipsis Health, a San Francisco-based pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale has raised $26M in Series A funding led by SJF Ventures with participation from several investors. The Series A investment round brings Ellipsis Health’s total funding to $31 million. - Founded in 2017, Ellipsis Health has pioneered an artificial intelligence-powered, speech-based vital sign to quantify and manage depression and anxiety
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Appriss/Patient Ping Rebrands as Bamboo Health for Whole-Person Care Coordination

by Fred Pennic 08/31/2021 Leave a Comment

Appriss/Patient Ping Rebrands as Bamboo Health

What You Should Know: Today, Appriss Health announced its new company name—Bamboo Health—following the acquisition of PatientPing earlier this year. The new name is representative of their newly merged company’s approach to whole-person care coordination. Bamboo is a symbol of strength, flexibility, and health. Bamboo Health supports more than 2,500 hospitals, 37 payers, 7,800 post-acute facilities, 25,000 pharmacies, and 45 state governments. Bamboo Health's care collaboration network
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RICOH 3D for Healthcare Launches for Customized 3D Anatomic Modeling

by Fred Pennic 08/31/2021 Leave a Comment

RICOH 3D for Healthcare Launches for Customized 3D Anatomic Modeling

- Today, Ricoh USA, Inc. announced RICOH 3D for Healthcare, an integrated end-to-end workflow solution that makes the development, design and production of 3D-printed anatomic models simple, accurate and easy. - For the first time, RICOH 3D for Healthcare makes it possible for healthcare providers nationwide to develop patient-specific representations of tissue and bone. The lifelike replicas serve as physical simulators to help clinicians see inside anatomy for greater visibility into
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Accenture Names 8 Finalists for HealthTech Innovation Challenge

by Fred Pennic 08/30/2021 Leave a Comment

Accenture Names 8 Finalists for HealthTech Innovation Challenge

What You Should Know: - Accenture announced eight finalists for its fifth annual Accenture HealthTech Innovation Challenge-North America, a competition that supports new and novel solutions from startups to improve the way people access, manage and finance healthcare in North America. - The finalists will participate in the final round and awards ceremony at a virtual event to be held on September 28, 2021. The judging panel will comprise executives from globally recognized health and
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Cooper University, Nuance Expand Dragon Ambient eXperience Deployment to 475 Physicians

by Fred Pennic 08/30/2021 Leave a Comment

Cooper University, Nuance Expand Dragon Ambient eXperience Deployment to 475 Physicians Nuance DAX Solution ambient clinical intelligence system

What You Should Know: - Nuance Communications and Cooper University Health Care announced a strategic collaboration to expand Cooper’s deployment of the Nuance Dragon Ambient Experience (DAX) to 475 physicians based on previous deployment success. This ambient clinical intelligence solution will expand upon Cooper’s ability to enhance patient experiences, expand access to care, and advance care quality through a renewed focus on physician-patient conversation and clinical documentation
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