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Fred Pennic, Editor-in Chief | HIT Consultant

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

Fred Pennic

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Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant. Fred is a seasoned health IT strategist with fourteen years of experience in providing advisory services to executive leadership at hospitals and health systems. Some of his previous clients include Mayo Clinic, Stanford Hospital and Health Clinics, Northwell Health, Trinity Health.

Fully Modular Medicaid System Enables Kansas to Achieve CMS Certification

by Fred Pennic 03/10/2023 Leave a Comment

Fully Modular Medicaid System Enables Kansas to Achieve CMS Certification

What You Should Know: - Gainwell Technologies (Gainwell), an innovator in healthcare technology solutions, announced that the nine-module Medicaid system it designed and implemented for Kansas is the first fully modular system to achieve the Centers for Medicare & Medicaid Services (CMS) Streamlined Modular Certification. The deployment marks Kansas as the first state with a completely modular system to receive federal matching funds from the day
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Clarapath Acquires AI-Powered Digital Pathology Platform Crosscope

by Fred Pennic 03/09/2023 Leave a Comment

Clarapath Acquires AI-Powered Digital Pathology Platform Crosscope

What You Should Know: - Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissue acquires Mountain View, CA-based Crosscope. Financial details of the acquisition were not disclosed. - Crosscope is a digital pathology company with a turnkey imaging solution providing best-in-class workflow tools and slide management along with artificial intelligence (AI) and machine learning (ML) technology to assist pathologists with better
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Health Gorilla Partners with CLEAR for Consumers to Access & Control Their Health Info

by Fred Pennic 03/09/2023 Leave a Comment

Health Gorilla Partners with CLEAR for Consumers to Access & Control Their Health Info

What You Should Know: - Health Gorilla, a leading Health Information Network and interoperability provider, has partnered with CLEAR, a secure identity verification platform, to launch Individual Access Services, which allows consumers to access their personal health information securely. - Health Gorilla will embed Powered by CLEAR to seamlessly verify a consumer's identity and provide them with secure and easy access to their health information. Friction-free identity
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Risky Business of Health Trackers: What Digital Health Leaders Need to Know

by Cristina Varner, Newfront, SVP National Life Science & Healthcare Practice 03/09/2023 Leave a Comment

Risky Business of Health Trackers; What Digital Health Leaders Need to Know

Gone are the days when healthcare information was only available to us at the doctor’s office or through the office's online portals, and that’s in part due to the rapidly growing popularity of wearable technology devices. It’s estimated that 1 in 5 adults in the U.S. use a fitness or health tracker to monitor things such as heart rate, blood pressure, sleep cycle, and stress. But this information is being used beyond just monitoring specific conditions. Take me, for example; I personally use my
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Aiberry Secures $8M for AI-Powered Mental Health Screenings

by Fred Pennic 03/08/2023 Leave a Comment

Aiberry Secures $8M for AI-Powered Mental Health Screenings

What You Should Know: - Aiberry (pronounced “I” + “berry”), an AI-powered mental health screening pioneer today announced that it has secured $8M in seed funding led by Confluence Capital Group, Inc. (CCG) with participation from the VC fund Ascension AI. This brings total funding to $10M - The company plans to use the latest round of funding to accelerate the adoption of the Aiberry platform, which uses an AI-powered therapeutic assistant to conduct a conversation to detect mental health
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Opkit Launches First Insurance Verification Platform for Telehealth

by Fred Pennic 03/08/2023 Leave a Comment

Opkit Launches First Insurance Verification Platform

What You Should Know: - Y Combinator startup Opkit emerges from stealth with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are providing care for a wide range of patients across the United States. The startup has raised more than $1M from Global Founders Capital, Mischief (Plaid founder Zach Perret's fund), Socially Financed, Y Combinator and Rex Salisbury, former partner at Andreessen
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COTA and GTC Partner to Improve Precision Oncology

by Strategic Partnerships 03/08/2023 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company, today announced a new partnership with Genomic Testing Cooperative (GTC), a molecular testing company. - GTC has a very innovative approach to genetic testing, providing molecular information which is critical to determining accurate diagnoses and determining the most appropriate treatment. GTC's tissue and liquid-biopsy testing leverages DNA and RNA sequencing, which is very rare in the
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Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

by Fred Pennic 03/07/2023 Leave a Comment

Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

What You Should Know: - Assured Allies, an insurtech company for evidence-based successful aging raises $42.5M in Series B funding round co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital Partners, MS&AD Ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next. The latest round
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Wave Life Secures $6M to Increase Mental Health Access For Gen Z

by Fred Pennic 03/07/2023 Leave a Comment

Wave Life Secures $6M to Increase Mental Health Access For Gen Z

What You Should Know: - Wave Life, the science-backed mental health platform aimed at supporting Gen Z raises $6M in seed funding led by Santé Ventures. The seed round also included participation from Hannah Grey, Joyance Capital, Gaingels, and Telocity Ventures. - Created and led by clinical psychologist Dr. Sarah Adler, Clinical Associate Professor of Psychiatry at Stanford University, the Wave Life platform takes the best of science-backed traditional therapy and delivers it in a way
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

by Fred Pennic 03/06/2023 Leave a Comment

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6.  Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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