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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Femtech Company illumigyn Raises $33M for Remote Gynecological Platform

by Fred Pennic 11/03/2021 Leave a Comment

Femtech Company illumigyn Raises $33M for Remote Gynecological Platform

What You Should Know: -  Femtech company illumigyn, the world’s first remote gynecological imaging platform, today announced that it has raised $33M from Yozma Group Korea and Ubicom Holdings Japan. - . The first FDA-cleared remote gynecological platform, the Gynescope™, digitally documents the cervix, vagina, and external genitalia. High-quality resolution and superior magnification enhance details beyond the capabilities of traditional cervix exams, enabling more accurate pap
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Kareo and PatientPop Merge to Form Tebra to Create All-in-One Practice Platform

by Fred Pennic 11/02/2021 Leave a Comment

Kareo and PatientPop Merge to Form Tebra to Create All-in-One Practice Platform

What You Should Know: - Kareo, a provider of cloud-based clinical and financial software, and PatientPop, a provider of practice growth technology, today announced the closing of their merger and the unveiling of the combined company’s new name, Tebra. - The name Tebra is derived from the word “vertebrae” and symbolizes the role the new company serves as the backbone of practice success, delivering digital technology to connect providers and their patients. The combined company currently
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EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices

by Fred Pennic 11/02/2021 Leave a Comment

EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices

What You Should Know: - Today EverCommerce Inc., a service commerce platform, announced that it has entered into a definitive agreement to acquire DrChrono Inc., a Sunnyvale, CA-based SaaS practice management and EHR platform for modern medical practices. - DrChrono offers an all-in-one, cloud-based practice management, EHR, and billing solution to make healthcare more informed, more interactive, and more personalized. Financial details of the acquisition were not
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LightForce Orthodontics Secures $50M for Customized, 3D Printed Orthodontic Solutions

by Fred Pennic 11/02/2021 Leave a Comment

LightForce Orthodontics Secures $50M for Customized, 3D Printed Orthodontic Solutions

What You Should Know: - LightForce Orthodontics, makers of the world’s only fully customizable 3D printed braces system, today announced that the company raised a $50 million Series C round led by Kleiner Perkins. Previous LightForce investors also participated in this round, including Matrix Partners, Tyche Partners, and AM Ventures. - The new funds will allow LightForce to offer training and education to orthodontists so that they are maximizing the technology for their patients while
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Medsphere Gets $50M Credit Facility to Power Health Platform Strategy

by Fred Pennic 10/29/2021 Leave a Comment

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

What You Should Know: - Medsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that Wells Fargo has extended a $50 million credit facility that will enable Medsphere to continue its current growth trajectory.  - Medsphere is continuing to develop a comprehensive health platform that incorporates existing technology platforms and service lines
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Livongo Exec Launches FemTec Health with $38M to Transform Healthcare Experience for Women

by Fred Pennic 10/28/2021 Leave a Comment

Livongo Exec Launches FemTech Health with $38M to Transform Healthcare Experience for Women

What You Should Know:  - Today, former Livongo executive Dr. Kimon Angelides announced the launch of FemTec Health, a women's health sciences and beauty company with $38M in funding focused on using technology and data to transform the total healthcare experience for women.  - Investors, capital and shareholders include Longmont Capital, Ithaca LifeSciences, Unilever Ventures, Estee Lauder, Shiseido, e.Ventures, Viking Global, and Trinity Capital with more than $38M raised to date.
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