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Fred Pennic, Editor-in Chief | HIT Consultant

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

Caption Health, Ultromics Partner for AI-Powered Heart Disease Detection

by Fred Pennic 11/09/2021 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Caption Health and Oxford University spin-out Ultromics have teamed up to empower a broader set of healthcare providers and put heart disease detection and management tools in more hands. This is a second strategic partnership that Caption Health secured in the last three months to enable earlier disease detection and management with AI-based guidance and diagnostics. - Together, the companies will offer the Caption AI™ software platform alongside Ultromics’ EchoGo®
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Philips Acquires Cardiologs to Expand Cardiac Diagnostics & Monitoring Portfolio

by Fred Pennic 11/08/2021 Leave a Comment

Philips Acquires Cardiologs to Expand Cardiac Diagnostics & Monitoring Portfolio

What You Should Know: - Philips today announced that it has signed an agreement to acquire Paris-based Cardiologs, a France-based medical technology company focused on transforming cardiac diagnostics using artificial intelligence (AI) and cloud technology. - Cardiologs will further strengthen Philips’ cardiac monitoring and diagnostics offering with innovative software technology, electrocardiogram (ECG) analysis and reporting services. Financial details of the acquisition were not
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Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

by Fred Pennic 11/08/2021 Leave a Comment

Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

What You Should Know: - Beacon Biosignals, a neurotechnology company applying artificial intelligence to EEG (electroencephalography) to unlock precision medicine for any condition affecting the brain, has announced an oversubscribed $27M Series A financing led by General Catalyst and with participation from Casdin Capital. This capital brings Beacon Biosignals' total funding to date to $30M. - Founded in 2019 by MD/PhDs and engineers from Harvard and MIT, Beacon's launch was propelled by
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Trustmark Health Benefits. Teladoc Launches Virtual-First Health Plan Services

by Fred Pennic 11/08/2021 Leave a Comment

Trustmark Health Benefits. Teladoc Launches Virtual-First Health Plan Services

What You Should Know: - Trustmark Health Benefits, Inc. today announced the launch of their first virtual-first health plan design in partnership with Teladoc Health. - Powered by Teladoc Health’s primary care service, Primary360, the virtual care offering is specifically designed to address persistent challenges in cost and access to high-quality healthcare for millions of consumers, especially those who do not have an
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Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health

by Fred Pennic 11/05/2021 Leave a Comment

Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health

What You Should Know: - Aver, Inc., an end-to-end solution that solves the infrastructure challenges driving today’s unsustainable healthcare system announced a $58M investment led by Cox Enterprises and with participation from other existing investors to accelerate the scale and deployment of its new Enlace Health brand. The capital will be used to accelerate growth and represents the first of many financial and strategic moves planned that begin the seismic shift needed to improve
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Parkland Health Taps Current Health to Power its Hypertension Monitoring Program

by Fred Pennic 11/05/2021 Leave a Comment

What You Should Know: - Parkland Health & Hospital System – one of the largest health systems in Dallas, Texas – has selected Current Health, the leading enterprise care-at-home platform, to support patients with hypertension from the comfort of their own homes. - Through its new hypertension monitoring program, Parkland aims to mitigate this risk by providing regular monitoring, engagement, and education. Parkland will use Current Health to monitor patients’ blood pressure and other
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Accuhealth & 2bPrecise Joins Epic App Orchard Marketplace

by Fred Pennic 11/05/2021 Leave a Comment

PeraHealth Joins the Epic App Orchard for Seamless Integration with Epic EHR

What You Should Know: - Accuhealth’s remote patient monitoring platform and 2bPrecise’s precision genetic/genomic data platform announced that it is available in the Epic App Orchard. The App Orchard program enables developers to integrate their healthcare IT solutions with the Epic electronic health record (EHR) using standards-based APIs. -  The 2bPrecise platform consumes genetic/genomic data from molecular labs and clinical information from EHRs. It synthesizes
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Senior Companion Platform Papa Raises $150M at $1.4B Valuation

by Fred Pennic 11/04/2021 Leave a Comment

Senior Companion Platform Startup Papa Raises $150M at $1.4B Valuation

What You Should Know: - Senior companion and support platform Papa, today announced a $150M in Series D funding to extend the reach and scale of Papa’s innovative solution.  With a valuation of $1.4B, this funding round, led by SoftBank Vision Fund 2 and with participation from TCG, Tiger Global Management, Canaan, Initialized Capital and Seven Seven Six, brings Papa’s total funding to $240 million. - Since its 2017
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Transplant Connect and Cerner Streamline Organ Donation and Transplant Process

by Fred Pennic 11/04/2021 Leave a Comment

Transplant Connect and Cerner Streamline Organ Donation and Transplant Process

What You Should Know: Transplant Connect, a Los Angeles-based medical software company that has introduced innovative new technology known as iReferral, and Cerner Corporation announce their new collaboration to enable automated donor referrals. - For years, matching transplant donors with those who need them has been a manual process that typically takes 20 to 30 minutes of healthcare workers making calls. Slowing this process are staffing shortages and
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Notable Secures $100M to Expand Intelligent Automation in Healthcare

by Fred Pennic 11/03/2021 Leave a Comment

Notable Secures $100M to Expand Intelligent Automation in Healthcare

What You Should Know: - Notable, a San Mateo, CA-based leader in healthcare intelligent automation, today announced it has raised $100M in Series B funding led by ICONIQ Growth, including participation by Greylock, F-Prime Capital, and Oak HC/FT to accelerate growth and innovation within the healthcare industry.  - The company plans to use the new round of funding to pioneer a novel intelligent automation approach for healthcare with the mission of reducing administrative burden
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