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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M

by Fred Pennic 08/11/2021 Leave a Comment

Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M

What You Should Know: - Sharecare today announced its official entry into the home health market with the acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since 2010. - The
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HIMSS21 Day 2 Roundup: CVS Health Virtual Primary Care, M&A Activity, Funding, More

by Fred Pennic 08/10/2021 Leave a Comment

HIMSS21 Recap

Raintree Systems Mourns the Passing of its CEO, Richard Welty Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company's Founder and CEO, Richard Welty. Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.  Mergers & Acquisitions Olive Enters Clearinghouse Market with Acquisition of Healthcare
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Olive Enters Clearinghouse Market with Acquisition of Healthcare IP

by Fred Pennic 08/10/2021 Leave a Comment

Olive Enters Clearinghouse Market with Acquisition of Healthcare IP

What You Should Know: - Olive, a healthcare automation company today announced the acquisition of Healthcare IP, an integrated partner of healthcare provider and payer organizations, advocating data transparency and user experience in the revenue cycle. Financial details of the acquisition were not disclosed. - Healthcare IP is a clearinghouse that has been streamlining payment management since 2013 for top hospitals and health systems across the United States to help manage their
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CVS Health Rolls Out Nationwide Virtual Primary Care Solution

by Fred Pennic 08/10/2021 Leave a Comment

CVS Health Rolls Out Nationwide Virtual Primary Care Solution

What You Should Know: - Aetna, a CVS Health company, today announced the launch of Aetna Virtual Primary Care, which reimagines the primary care experience and makes it easier for people to get the health services they need, anytime, anywhere.  - Aetna Virtual Primary Care is powered by Teladoc Health's longitudinal, physician-led care team model, and complemented by the strength of Aetna's provider network, and CVS Health services. Aetna Virtual Primary Care Solution
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Innovaccer Unveils the Innovation Accelerator Program with 14 Digital Health Innovators

by Fred Pennic 08/10/2021 Leave a Comment

Innovaccer Unveils the Innovation Accelerator Program with 14 Digital Health Innovators

What You Should Know:  - Today, Innovaccer Inc. launched the Innovation Accelerator program, an exciting new partner and marketplace ecosystem aimed at helping digital health innovators rapidly create breakthrough clinical, financial, and operational solutions through the power of the Innovaccer Health Cloud.  - The Innovation Accelerator program empowers partners and digital health innovators to create truly interoperable solutions and enhancements that leverage the Innovaccer
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HIMSS21 Day 1 Roundup: Google Cloud, Salesforce, Zoom, Philips, GE Healthcare, GoodRx

by Fred Pennic 08/09/2021 Leave a Comment

oogle Cloud Unveils New Research examining COVID-19’s Acceleration of Innovation in Healthcare

Google Cloud Unveils New Research examining COVID-19’s Acceleration of Innovation in Healthcare Google Cloud revealed new research unveiling the impact of COVID-19 on reshaping technology’s role in healthcare. This research is the second phase of research that Google Cloud published in July, showcasing how critical data interoperability is in improving patient outcomes. The research reveals healthcare organizations accelerated technological upgrades over the course of the pandemic. After
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Google Cloud Research Reveals COVID-19 Accelerates Innovation, Tech Adoption Still Lags

by Fred Pennic 08/09/2021 Leave a Comment

oogle Cloud Unveils New Research examining COVID-19’s Acceleration of Innovation in Healthcare

What You Should Know: - Google Cloud revealed new research unveiling the impact of COVID-19 on reshaping technology’s role in healthcare. This research is the second phase of research that Google Cloud published in July, showcasing how critical data interoperability is in improving patient outcomes. The research reveals healthcare organizations accelerated technological upgrades over the course of the pandemic. - After a year shaped primarily by the COVID-19 pandemic, use of telehealth
Read More

Salesforce Rolls Out Care from Anywhere to Improve Patient Access

by Fred Pennic 08/09/2021 Leave a Comment

Salesforce Rolls Out Care from Anywhere to Improve Patient Access and Deepen Relationships

What You Should Know: - Salesforce launches care from anywhere, new innovations that help organizations get closer to their patients, members, and customers in an always-on, digitally-enhanced healthcare system. By tapping into these innovations, they can streamline operations and ultimately, drive better health outcomes. In addition to care from anywhere, Salesforce is also rolling out: - Remote Patient Exception Monitoring for Health Cloud, which surfaces data and insights from
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Cerner Launches Social Determinants of Health Solution to Advance Health Equity

by Fred Pennic 08/06/2021 Leave a Comment

Cerner Launches Social Determinants of Health Solution to Advance Health Equity

What You Should Know: - Cerner today announced a new solution, Cerner Determinants of Health, designed to help providers address healthcare inequities. - Cerner Determinants of Health is a dashboard and supporting set of tools, integrated into the Cerner electronic health record, to help clinicians pinpoint disparities and suggest goals and resources within the patient’s care plan to help target intervention opportunities. Leveraging SDoH to Advance Health Equity The
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Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform

by Fred Pennic 08/06/2021 Leave a Comment

Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform

What You Should Know: Cadence, a New York City-based health IT company empowering care outside the four walls of the hospital announced its official launch with $41 million in funding and a foundational partnership with national healthcare company, LifePoint Health. The funding was led by General Catalyst and Thrive Capital. - Cadence has built a breakthrough remote care management platform that will deliver better care to people managing chronic conditions at scale. - As part of the
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