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Fred Pennic, Editor-in Chief | HIT Consultant

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

BCBS of Michigan Launches Joint Venture with Honest Medical Group

by Fred Pennic 04/25/2022 Leave a Comment

BCBS of Michigan Launches Joint Venture with Honest Medical Group

What You Should Know: - Blue Cross Blue Shield of Michigan (BCBSM) today announced a joint venture with Nashville-based Honest Medical Group to offer physicians comprehensive operational, clinical, and financial support for shared accountability Medicare contracts. - The joint venture is the first of its kind for BCBSM and aligns with the organization's continued expansion of Blueprint for Affordability, its member-focused, value-based care and payment
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Mayo Clinic Partners with VUNO to Develop AI-Driven Precision Oncology Solutions

by Fred Pennic 04/22/2022 Leave a Comment

Mayo Clinic Partners with VUNO to Develop AI-Driven Precision Oncology Solutions

What You Should Know: - Mayo Clinic has signed a research agreement with VUNO, a global medical artificial intelligence (AI) company to develop advanced AI-driven precision oncology solutions to deliver precision oncology care. - Through this research agreement, VUNO will establish a collaboration with Mayo Clinic to develop innovative AI and machine learning solutions for more precise diagnosis, prognosis and treatment stratification in cancer. - This collaborative agreement combines
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Reify Health Secures $220M to Support Clinical Trial Diversity at $4.8B Valuation

by Fred Pennic 04/21/2022 Leave a Comment

Reify Health Secures $220M to Support Clinical Trial Diversity

What You Should Know: - Reify Health, a leading provider of solutions that empower the clinical trial ecosystem, announced a $220M Series D funding round dedicated to improving diversity in clinical research. The investment comes less than a year after its Series C and brings the company's valuation to $4.8B.  - The Series C found was co-led by Altimeter Capital and Coatue, joined by Dragoneer Investment Group and existing investors ICONIQ Growth, Adams Street, and Battery
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NexHealth Nabs $125M for End-to-End Patient Experience Platform

by Fred Pennic 04/21/2022 Leave a Comment

NexHealth Nabs $125M for End-to-End Patient Experience Platform

What You Should Know: Today, NexHealth announced its $125M Series C funding, bringing the company’s valuation to $1B for its patient experience platform. - The funding will support the company in advancing its mission to create a more streamlined doctor and patient experience while building the seamless technological infrastructure needed for future health tech entrepreneurs to innovate upon.  NexHealth, a San Francisco, CA-based patient experience management platform
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Seven Bridges, USP, Google Cloud to Build A Brazilian Reference Genome

by Fred Pennic 04/21/2022 Leave a Comment

Golden Valley Memorial Goes Live on MEDITECH Expanse Genomics

What You Should Know: - Seven Bridges, a bioinformatics ecosystem provider, announced it is collaborating with the University of São Paulo (USP) and Google Cloud, as well as the Associação Genomas Brasil (Brazil Genome Association), to assist the DNA do Brasil (DNABr) project in building a reference genome that represents the genetic diversity of the Brazilian population. - The joint effort will advance unbiased precision medicine for underrepresented populations in Brazil through the
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mPharma & TytoCare Integrate to Offer Telehealth to Pharmacies in Africa

by Fred Pennic 04/20/2022 Leave a Comment

mPharma & TytoCare Partner to Offer Telehealth to Pharmacies in Africa

What You Should Know: -  TytoCare, an all-in-one modular device and examination solution for AI-powered, on-demand, remote medical exams partners with mPharma, a technology-driven healthcare company building Africa's largest health management organization with a focus on making medications affordable and accessible to every African.  -The integration of the TytoCare solution into mPharma’s telehealth offerings enables pharmacies to provide patients with enhanced
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Synergy Health Partners Acquires SoCal Anesthesia Solutions, Inc.

by Health M&A 04/20/2022 Leave a Comment

Synergy Health Partners Acquires SoCal Anesthesia Solutions, Inc.

What You Should Know: - Synergy Health Partners, a hospital services company that improves access to patient care through innovative and custom orthopedic and general surgeon staffing programs, today announced the acquisition of SoCal Anesthesia Solutions, Inc. Financial terms of the deal were not disclosed. - Founded in 2019 by Dr. Jay Rindenau, SoCal Anesthesia Solutions is one of southern California's most trusted anesthesiology providers. They currently serve four healthcare
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THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

What You Should Know: Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners. - The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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Suki Adds “Show Me” Command to its Voice-Enabled Digital Assistant

by Fred Pennic 04/18/2022 Leave a Comment

Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

What You Should Know: Suki, a provider of voice artificial intelligence (AI) technology for healthcare launches new “show me” commands for its voice artificial intelligence (AI) technology for healthcare. - The commands allow clinicians to quickly retrieve a wide set of patient information, including vital signs, medications, allergies, and medical and surgical histories -- untethered from the electronic health record (EHR) -- enabling them to be more present with their patients. The
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