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Fred Pennic, Editor-in Chief | HIT Consultant

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

ScionHealth Signs 10-Year End-to-End RCM Partnership with R1 RCM

by Fred Pennic 05/09/2022 Leave a Comment

ScionHealth Signs 10-Year End-to-End RCM Partnership with R1 RCM

What You Should Know: - Today, R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions, is announcing a 10-year end-to-end partnership with ScionHealth, a new Louisville-based health system comprising nearly 80 hospitals, to provide exclusive enterprise RCM services to its long-term acute care hospitals. - ScionHealth joins healthcare systems including Ascension, Intermountain Healthcare, LifePoint Health, Penn State Health and more that have chosen R1 to
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation

by Fred Pennic 05/05/2022 Leave a Comment

AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

What You Should Know: - Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning. - The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare. Growing Need for Revenue Cycle Automation Staff shortages are particularly concerning for healthcare revenue cycle
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Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

by Fred Pennic 05/04/2022 Leave a Comment

Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

Axuall’s CEO & Founder, Charlie Lougheed shares why health administration teams should embrace the power of robotic process automation (RPA). Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network
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Arcadia & Datavant Partner to Accelerate Whole-Person Care & Biopharma Research

by Fred Pennic 05/04/2022 Leave a Comment

Arcadia Partners with Datavant to Accelerate Whole-Person Care & Biopharma Research

What You Should Know: - Arcadia and Datavant today announced a partnership to enable de-identified connectivity of Arcadia’s electronic health record data for life sciences research and commercial analytics. - This partnership will unlock fresh insights to accelerate whole-person care and biopharma research, extending Arcadia’s leadership in empowering a data-driven transformation of healthcare. - Datavant will allow clients to connect Arcadia data to other types of Real World Data
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Magellan Federal Launches Population Health Platform for Military Families

by Strategic Partnerships 05/04/2022 Leave a Comment

magellanhealth

What You Should Know: - Magellan Federal, which serves 300 U.S. military bases, has partnered with NeuroFlow to support United States military families with personalized, digital behavioral health and well-being support. - The platform will give hundreds of thousands of service members the ability to track their mood, report on the highs and lows of military life, and engage with counselors if needed. NeuroFlow’s Population Health Platform for Military Families The 18-month-long
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Vivalink Launches Multi-Vital Blood Pressure Patch for Remote Patient Monitoring

by Fred Pennic 05/03/2022 Leave a Comment

Vivalink Launches Multi-Vital Blood Pressure Patch for Remote Patient Monitoring

What You Should Know: - Vivalink, a leading provider of digital healthcare solutions launches a multi-vital blood pressure patch for remote patient monitoring is now available for research and development. - The advanced multimodal continuous signal processing patch captures ECG trace, heart rate, respiratory rate, systolic and diastolic blood pressure on a single device. Cuffless Blood Pressure Monitor Cuffless blood pressure is still in its infancy, but new research is exploring
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Serenity Engage Integrates with Amazon Alexa Senior Living

by Fred Pennic 05/03/2022 Leave a Comment

Serenity Engage Integrates with Amazon Alexa Senior Living

What You Should Know: - Serenity Engage announces new, innovative technology integrated with Amazon's Senior Living solution from Alexa Smart Properties. ​​ - By marrying Amazon's Alexa voice AI and video technology with Serenity's platform, Serenity's custom Alexa deployment serve as a personalized, digital concierge - bringing simplicity and connection to an otherwise complex, siloed system. Bringing Simplicity to the Complex Senior Care Ecosystem Senior care providers and
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Element5 Secures $30M to Expand Automation for Post-Acute Care

by Fred Pennic 05/03/2022 Leave a Comment

Element5 Secures $30M to Expand Automation for Post-Acute Care

What You Should Know: - Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners.  With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date.  - This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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Hello Heart Raises $70M to Expand Heart Health Solutions

by Fred Pennic 05/02/2022 Leave a Comment

Hello Heart Raises $70M to Expand Heart Health Solutions

What You Should Know: - Hello Heart, the only digital therapeutics company focused exclusively on heart disease, announced a $70M Series D funding round led by Stripes to support its rapid growth in the employer market  - The funding round will specifically support the increase in employer market demand for Hello Heart’s technology as a focus on heart health sharpens. The company has experienced massive growth in the employer market, doubling the number of clients in the last three
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Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

by Fred Pennic 05/02/2022 Leave a Comment

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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