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Fred Pennic, Editor-in Chief | HIT Consultant

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

Carlyle Group, Brighton Park Capital Invest $200M in Indian Health Tech Provider Indegene to Fuel Global Expansion

by Fred Pennic 02/03/2021 Leave a Comment

Carlyle and Brighton Park agree to invest US$200 million in Indegene

What You Should Know: - The Carlyle Group and Brighton Park Capital invests $200M in Bangalore, India-based Indegene to accelerate company's global expansion and consolidate its industry-leading position in healthtech solutions. - Founded in 1998 by five first-generation entrepreneurs, Indegene has emerged as the leading digital transformation partner to the global life sciences industry. With more than 3,000 employees across North America, Europe, China, Japan and India, Indegene provides
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ATA, Hims & Hers, Others Form Telehealth Equity Coalition to Improve Access to Telehealth Among Underserved Populations

by Fred Pennic 02/02/2021 Leave a Comment

What You Should Know: - . Together with nonprofit, academic, and industry partners, the Telehealth Equity Coalition (TEC) has formed to improve access to quality and affordable healthcare by increasing adoption of telehealth, especially among those who have been left out or left behind. - Founding members of the TEC include Adaptation Health, American Telemedicine Association, BlackDoctor.org, Foley & Lardner, Grapevine Health, Hims & Hers, Howard University Dept. of Community
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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

by Fred Pennic 02/02/2021 Leave a Comment

Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

What You Should Know: - Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
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Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network

by Fred Pennic 02/02/2021 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: - Syapse raises 68M in equity investment  led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence  through Syapse’s Learning Health Network. - The Syapse Learning Health Network is a global precision oncology data sharing network, improving cancer care across communities by using real-world data to support clinical decisions. Syapse, a San Francisco, CA-based real-world evidence company accelerating the delivery
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HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

by Fred Pennic 02/02/2021 Leave a Comment

HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

What You Should Know: - HealthTensor, an LA-based startup that uses AI to ensure no medical diagnoses are overlooked, has raised $5 million to scale operations. - To date, HealthTensor has helped physicians write more than 2,000 notes and has identified overlooked medical conditions in 95% of cases. HealthTensor, an LA-based artificial intelligence digital health startup that is creating software to help augment medical decision making, announced today that it has raised a $5 million
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Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

by Fred Pennic 02/02/2021 Leave a Comment

Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

What You Should Know: - As healthcare access continues evolving due to the pandemic, Premise Health, the world’s largest direct health care provider, today announced an acquisition of Sonic Boom Wellness, a leading provider of corporate wellness technology. - In the last year, Premise Health has emerged as a leader in digital wellness, delivering nearly 20 products virtually through its innovative Digital Wellness Center. The addition of Sonic Boom allows Premise Health — which
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Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

by Fred Pennic 02/02/2021 Leave a Comment

Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

What You Should Know: -  Volpara Health, an integrated breast care platform assisting in the delivery of personalized patient care has acquired breast cancer risk assessment platform CRA Health. - CRA Health, LLC, is a breast cancer risk assessment company spinoff from Massachusetts General Hospital — a Harvard Medical School teaching hospital. Today the company delivers more than two million assessments annually to women’s imaging clinics. - CRA software is cloud-based
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Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

by Fred Pennic 02/01/2021 Leave a Comment

Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

What You Should Know: - Google Cloud, today announced the launch of its Intelligent Vaccine Impact Solution, a set of core solutions to help regional and local governments deliver successful COVID-19 public health strategies, ranging from vaccine information and scheduling to distribution and analytics, to forecasting and modeling COVID-19 cases, and more. - The Intelligent Vaccine Impact solution includes forecasting and modeling COVID-19 cases to inform vaccine distribution, vaccine
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EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M

by Fred Pennic 02/01/2021 Leave a Comment

EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M

What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Illumina, Sequoia Capital China Launches Genomics Incubator in China

by Fred Pennic 02/01/2021 Leave a Comment

Illumina, Sequoia Capital China Launches Genomics Incubator in China

What You Should Know: - Illumina and Sequoia Capital will collaborate to build an ecosystem for life science startup companies advancing breakthrough applications in genomics. - Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will leverage the expertise of Illumina for Startups in building genomics companies with the unparalleled track record of Illumina Accelerator in San Francisco Bay Area and Cambridge, UK. - Sequoia Capital China will dedicate to
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