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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: PE Firm Carlyle Acquires Health IT Solutions Provider CNSI

by Fred Pennic 12/03/2021 Leave a Comment

M&A: PE Firm Carlyle Acquires Health IT Solutions Provider CNSI

What You Should Know: PE Firm Carlyle acquires CNSI, a provider of health information technology enterprise solutions from A&M Capital Partners. Global investment firm Carlyle (NASDAQ: CG) announced that affiliated funds managed by Carlyle have agreed to acquire CNSI from Alvarez & Marsal Capital Partners. CNSI provides innovative healthcare technology solutions for some of the most forward-thinking State and Federal clients. Financial details of the acquisition were not
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Microsoft and CVS Health Partner to Accelerate Personalized Care Experience

by Fred Pennic 12/02/2021 Leave a Comment

CVS Health Launches Transform Oncology Care Program, Partners with Tempus

What You Should Know: CVS Health and Microsoft announce a new strategic alliance to reimagine personalized care and accelerate digital transformation. CVS Health (NYSE: CVS) and Microsoft Corp. (NYSE: MSFT) today announced a new strategic alliance focused on developing innovative solutions to help consumers improve their health while empowering over 300,000 CVS Health employees – including frontline workers – with tools to better serve more than 100 million people. The collaboration with
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AWS and Pfizer Accelerate Drug Development and Clinical Manufacturing

by Fred Pennic 12/02/2021 Leave a Comment

AWS, PHDA Collaborate to Develop Breast Cancer Screening and Depression Machine Learning Models

What You Should Know: Amazon Web Services (AWS) announced it is working with Pfizer to create innovative, cloud-based solutions to accelerate drug development and clinical manufacturing for testing in clinical trials. Today, Amazon Web Services, Inc. (AWS) announced that it is working with Pfizer to create innovative, cloud-based solutions with the potential to improve how new medicines are developed, manufactured, and distributed for testing in clinical trials. The companies are
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Truepill Launches End-to-End COVID-19 Virtual Care Platform

by Fred Pennic 12/01/2021 Leave a Comment

Truepill Launches End-to-End COVID-19 Virtual Care Platform

What You Should Know: Truepill launches its end-to-end COVID-19 virtual care platform to provide convenient online care for COVID-19 alongside the rapid delivery of antiviral medication. Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare, today announced plans for a first-of-its-kind COVID-19 virtual care platform. This end-to-end solution will enable Truepill customers to create white-labeled virtual care
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M&A: HealthStream Acquires Rievent Technologies for $4M

by Fred Pennic 12/01/2021 Leave a Comment

M&A: HealthStream Acquires Rievent Technologies for $4M

What You Should Know: Leveraging its hStream open architecture, HealthStream expands its ecosystem with the acquisition of Rievent Technologies’ continuing education management and delivery application. HealthStream (Nasdaq: HSTM), a provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired substantially all of the assets of Rievent Technologies, a Virginia-based healthcare technology company for $4M in cash. Through the acquisition,
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CVS Pharmacy “Talking” Prescription Labels Now Available Nationwide

by Fred Pennic 11/30/2021 Leave a Comment

CVS Pharmacy “Talking” Prescription Labels Now Available Nationwide

What You Should Know: - CVS Pharmacy today introduced Spoken Rx, its proprietary audio prescription label solution developed in collaboration with the American Council for the Blind, now available in all of its nearly 10,000 locations nationwide.   CVS Pharmacy, the retail division of CVS Health (NYSE: CVS) is now offering Spoken Rx™, its proprietary audio prescription label solution, in all its nearly 10,000 pharmacy locations
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Zoom Announces Cerner EHR Integration for Secure Virtual Visits

by Fred Pennic 11/30/2021 Leave a Comment

Zoom Announces Cerner EHR Integration for Secure Virtual Visits

What You Should Know: - Zoom is now accepting beta customers for Zoom’s new integration with Cerner’s electronic health record (EHR) platform, available by sending a message of interest on Cerner’s App Gallery or talking to your Zoom account executive. - Hospitals, health systems, physician offices, and clinics that use Cerner to share and access patient EHR data across the continuum of care will be able to launch secure Zoom virtual visits directly
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UC Davis Health, AWS Launches Cloud Innovation Center for Health Equity

by Fred Pennic 11/29/2021 Leave a Comment

UC Davis Health, AWS Launch World’s First Cloud Innovation Center

What You Should Know: - Today, UC Davis Health launched a Cloud Innovation Center (CIC), powered by Amazon Web Services (AWS), making the renowned academic medical center one of America's leaders in digital medicine. - Focused on digital health equity, the UC Davis Health CIC will allow clinicians, patients, developers, and students to exchange ideas, as well as design and prototype solutions focused on making digital health more equitable and accessible
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Elsevier Acquires Digital Health Education Platform Osmosis – M&A

by Fred Pennic 11/29/2021 Leave a Comment

Elsevier Acquires Digital Health Education Platform Osmosis

What You Should Know: - Elsevier acquires Osmosis – a digital health education platform that has simplified the complex learning journey for millions of medical students and healthcare professionals around the world. - A growing demand for healthcare workers and medical education, accelerated by the COVID-19 pandemic, is driving the need for digital healthcare education solutions. The highly engaging visual learning offerings of Osmosis will be applied to other areas in Elsevier’s
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Israeli Startup TailorMed Acquires Vivor to Create Provider and Pharmacy Network

by Fred Pennic 11/29/2021 Leave a Comment

Israeli Startup TailorMed Acquires Vivor to Create the Largest Provider and Pharmacy Network

What You Should Know: -  Financial navigation technology company TailorMed acquires Vivor to create the largest provider and pharmacy network. - The combined companies will offer the most comprehensive solution for addressing unprecedented financial pressures on patients and healthcare organizations. Israeli startup TailorMed, a leading financial navigation technology company that helps healthcare organizations and patients remove financial barriers to care in the U.S acquires
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