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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

by Fred Pennic 04/16/2021 Leave a Comment

Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

What You Should Know: - Specialty EHR vendor Modernizing Medicine has acquired TRAKnet  and other assets from podiatric electronic health records (EHR) vendor NEMO Health. The announcement follows Modernizing Medicine’s acquisition of the SammyEHR Podiatry platform last year, further solidifying Modernizing Medicine’s position as a market leader in podiatry. - Modernizing Medicine plans to accelerate innovation and bring advanced EHR, practice management, and
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FCC to Provide Additional $249M for COVID-19 Telehealth Program

by Fred Pennic 04/16/2021 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - The Federal Communications Commission’s Wireline Competition Bureau will begin accepting applications for Round 2 of the COVID-19 Telehealth Program on Thursday, April 29, 2021 at 12:00 PM ET at www.fcc.gov/covid19telehealth.   - The filing window will last seven calendar days and close on Thursday, May 6, 2021 at 12:00 PM ET.  Round 2 of
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Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

by Fred Pennic 04/15/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable, Inc., a Palo Alto, CA-based global platform for decentralized clinical trials today announced $78M in new funding to fuel advances in the delivery of digital and decentralized clinical trials, accelerating the industry’s shift to patient-centered drug development. The funding was led by Sapphire Ventures, along with new investor Obvious Ventures and follow-on investment from existing investors GSR Ventures, PPD, Inc., and Streamlined Ventures. - This is
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7wireVentures & EHIR Partner to Accelerate the Adoption of Digital Health Solutions

by Fred Pennic 04/15/2021 Leave a Comment

7wireVentures & EHIR Partner to Accelerate the Adoption of Digital Health Solutions

What You Should Know: - 7wireVentures, an early-stage digital health venture capital firm, and Employer Health Innovation Roundtable (EHIR), a coalition of the largest and most progressive employers, health plans, and health systems are announcing a partnership to accelerate digital health innovation and improve consumer health, wellness, and productivity. - Together, the two organizations will facilitate partnerships between emerging digital health companies and EHIR’s blue-chip
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Led by Sequoia, Benchling Raises $200M to Accelerate R&D Cloud Platform

by Fred Pennic 04/14/2021 Leave a Comment

Benchling Nabs $34.5M to Power Life Sciences R&D Cloud Platform

- Today Benchling, the leading life and sciences R&D cloud, announced a $200M Series E raise led by Sequoia Capital Global Equities and joined by Altimeter Capital, Byers Capital, and Elad Gil. This funding will be used to aggressively invest in product development and global expansion to support enterprise customers. The raise is also joined by existing investors Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital, and Lead Edge Capital. -
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

by Fred Pennic 04/14/2021 Leave a Comment

OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

What You Should Know: - Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities. - The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts. OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Komodo Health Launches Next-Gen AI to Accelerate Innovation and Close Gaps in Care

by Fred Pennic 04/14/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Nevis

What You Should Know: - Today, Komodo Health is capping off a month-long flurry of activity by announcing the launch of its Prism and Sentinel solutions — opening up access to its Healthcare Map to drive the next generation of AI innovation.  - Prism and Sentinel allows life sciences teams to tap into detailed patient behaviors and treatment patterns based on the real-world patient journeys of more than 325 million patients. The breakthrough software also allows life sciences teams to
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