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Fred Pennic, Editor-in Chief | HIT Consultant

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

Revenue Cycle Management Company nThrive Rebrands as FinThrive

by Fred Pennic 03/28/2022 Leave a Comment

What You Should Know: - Healthcare revenue cycle management platform provider nThrive today announced it has rebranded, FinThrive™, which will be formally launched through a pending rebrand.  The new name signals the Company’s intention to break the cycle of inefficiency associated with traditional RCM technologies, while designing a modern software approach that empowers stakeholders across healthcare’s financial ecosystem. FinThrive Focus As FinThrive, the company will
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LG Launches LA Business Innovation Center for Medical Environments

by Fred Pennic 03/25/2022 Leave a Comment

LG Launches LA Business Innovation Center for Healthcare Tech

What You Should Know: - LG Business Solutions USA has opened its new Los Angeles Business Innovation Center, the first comprehensive LG technology and education hub to focus on commercial displays and devices designed for medical environments, led by LG’s diagnostic and clinical review monitors, digital X-ray detectors and smart hospital TVs. - The new Los Angeles Business Innovation Center is LG’s third in the United States (the others being in Chicago and Atlanta). They serve as
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Health Plan Invests $100M to Introduce Real-Time Claims Payments for Providers

by Fred Pennic 03/25/2022 Leave a Comment

What You Should Know: - CalOptima will be the first health plan to introduce ‘real-time claims payments’ permanently for providers as part of this historic $100+ million investment in the safety net in Southern California.  - Board also approves $100 million in technology to improve health care delivery and $8 million to launch a Street Medicine Program. CalOptima, a publicly funded health care coverage for low-income children, adults, seniors and people with disabilities in Orange
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RedDress Donates FDA-Cleared Wound Care Solution to Aid Injured Ukrainians

by Fred Pennic 03/24/2022 Leave a Comment

RedDress Donates FDA-Cleared Wound Care Solution to Aid Injured Ukrainians

What You Should Know: - RedDress, a Florida-based Israeli medical company is shipping revolutionary blood-clotting wound care systems to Ukraine to help with serious injuries and severe trauma wounds. - RedDress began shipments of 400 of their ActiGraft systems this week to multiple hospitals in Ukraine to help treat civilian casualties as a result of the indiscriminate Russian attacks. ActiGraft: Recreating the
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COTA Promotes Miruna Sasu to President and CEO

by Digital Health Executive Appointments 03/24/2022 Leave a Comment

COTA Promotes Miruna Sasu to President and CEO

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company, announced today that Miruna Sasu, Ph.D., MBA, has been appointed president and chief executive officer.  - Since April 2021 when she was hired as the company’s chief strategy officer, Miruna has helped spearhead a series of research collaborations focused on investigating racial disparities in cancer care and the drug development process, including partnerships with the University of Chicago
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UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

by Digital Health Venture Capital 03/24/2022 Leave a Comment

UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

What You Should Know: - Oliva, a London-based workplace mental health platform announced it has raised $6.3M (£4.84M) in seed funding led by Stride VC, a seed-stage VC firm based in London, along with additional investment provided by Moonfire. - The seed raise marks the largest seed funding for a mental health startup in Europe. Help with Life’s Problems, Work-Related or Not In the UK, poor mental health costs employers
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Podimetrics Secures $45M for SmartMat to Prevent Diabetic Amputations in High-Risk Patients

by Fred Pennic 03/24/2022 Leave a Comment

Independence Blue Cross Taps Podimetrics to Prevent Diabetic Amputations Via RPM

What You Should Know: - Podimetrics raises $45M to help at-risk providers and health plans prevent diabetic amputations in high-risk patients. - With this latest round of funding, Podimetrics plans to focus on hiring to build out their product development and research teams, while also expanding the breadth of services delivered by their nurse support team. Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs)
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9am.health, Ascensia Partner to Expand Virtual Diabetes Clinic

by Fred Pennic 03/23/2022 Leave a Comment

9am.health, Ascensia Partner to Expand Virtual Diabetes Clinic

What You Should Know: - 9am.health today announced it is expanding its virtual diabetes clinic through a strategic partnership with Ascensia to add the CONTOUR®NEXT ONE Blood Glucose Meter to Its patient toolkit. - 9am.health patients can now conveniently add Ascensia Diabetes Care’s blood glucose meter and test strips to their personalized treatment plan, with the meter offered free of charge to all patient care plans. The test strip add-on is available through a
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Antidote Health Secures $22M to Expand Telehealth Platform for Primary Care, Mental Health, Hypertension Care

by Fred Pennic 03/23/2022 Leave a Comment

Antidote Health Secures $22M to Expand Telehealth Platform for Primary Care, Mental Health, Hypertension Care

What You Should Know: - Antidote Health, an NYC-based telehealth provider announced it has raised $22M in Series A funding led by third-time investor iAngels, Group 11, and Flint Capital. - The company will use the funds to support R&D activity, which includes advanced AI screening and clinical decision support system capabilities. Quality healthcare doesn’t need to be expensive Founded in 2020, Antidote Health democratizes access, delivering care for the whole family for a
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Eko Unveils Newly Designed Heart Disease Detection App

by Fred Pennic 03/22/2022 Leave a Comment

Eko Unveils Newly Designed Heart Disease Detection App

What You Should Know: - Eko, a digital health company advancing heart and lung disease detection, today announced the launch of its newly-redesigned Eko App, which will transform patient interactions into an opportunity to screen for cardiovascular disease. Heart disease is the leading cause of death in the U.S., and there has not been an efficient and affordable solution to screen for heart disease at the physical exam until now. - Eko has transformed the traditional stethoscope into an
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