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Fred Pennic, Editor-in Chief | HIT Consultant

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

Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide

by Fred Pennic 04/23/2021 Leave a Comment

Brave Care Pediatric Primary and Urgent Care Expands Nationally and Raises $10M Series A

What You Should Know: - Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels. - Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses

by Fred Pennic 04/22/2021 Leave a Comment

Medchart Raises $17M to Expand Medical Record Access for Businesses Transforming medical record access for businesses

What You Should Know: - Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer. - The company will apply the current investment to accelerate product innovation and hire new
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

by Fred Pennic 04/22/2021 Leave a Comment

Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

What You Should Know: - Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls. -
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InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

by Fred Pennic 04/22/2021 Leave a Comment

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

What You Should Know: - Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country. - Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry

by Fred Pennic 04/21/2021 Leave a Comment

Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry

What You Should Know: - Cerner has taken another step into the life insurance industry today with an strategic collaboration with MIB, a company providing risk management services to hundreds of insurance companies in the United States and Canada. - The agreement will establish MIB as the exclusive collaborator to provide access to digital patient data from Cerner within the life insurance industry.  MIB will now be able to facilitate access to 54 million patient
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets

by Fred Pennic 04/21/2021 Leave a Comment

Teladoc Health Integrates with Proximie’s Virtual Operating Room Platform

What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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70% of Patients Prefer A Virtual Waiting Room, Survey Reveals

by Fred Pennic 04/20/2021 Leave a Comment

70% of Patients Prefer A Virtual Waiting Room, Survey Reveals

What You Should Know: - Nearly 70% of patients would prefer a “virtual waiting room” than arriving at the office in person and completing the paperwork in a waiting room, according to survey results from LifeLink Systems. - The survey, conducted by YouGov on behalf of Lifelink Systems, polled more than 2,400 U.S. adults across age, income, ethnic, and geographic groups ). Survey participants were then presented with the concept of a Virtual
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PatientKeeper Integrates with MEDITECH Expanse EHR for Physicians’ Mobile Devices

by Fred Pennic 04/20/2021 Leave a Comment

PatientKeeper Integrates with MEDITECH Expanse EHR for Physicians’ Mobile Devices

What You Should Know: - PatientKeeper, a provider of electronic health records (EHR) optimization software solutions, today announced it has integrated its mobile app with the MEDITECH® Expanse™ hospital EHR system, enabling healthcare providers to view inpatient data stored in Expanse on their iOS and Android smartphones and tablets. - Physicians using the Expanse acute-care EHR will now have access to patients’ vital signs, test results, medications and more -- all from their iOS or
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GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

by Fred Pennic 04/19/2021 Leave a Comment

GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

What You Should Know: - GoodRx just announced the acquisition of HealthiNation, a leading producer of original health videos, as part of its continued investment in delivering high-quality content and information, and expanding its offering to pharmaceutical manufacturers. Financial details of the acquisition were not disclosed. - GoodRx works with manufacturers to deliver affordability solutions such as co-pay cards, patient assistance programs, and other savings options directly to
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Virta Health Raises $133M to Expand Type 2 Diabetes Reversal Platform

by Fred Pennic 04/19/2021 Leave a Comment

Virta Health Reaches Unicorn Status After Raising $65M to Reverse Type 2 Diabetes

What You Should Know: - Virta Health, a San Francisco, CA-based company raises $133M led by , to scale its virtual metabolic clinic and approach to reversing chronic metabolic conditions (type 2 diabetes, prediabetes, and obesity) to the masses led by Tiger Global. - The Series E financing follows a recent $65 million raise in December of 2020, nearly doubling the company’s valuation in just 5 months to $2 billion. - Buoyed by delivering transformational outcomes in patient health and
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