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Fred Pennic, Editor-in Chief | HIT Consultant

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

Verily Nabs $700M to Expand Baseline, Verily Health Platforms

by Fred Pennic 12/17/2020 Leave a Comment

Verily Nabs $700M to Expand Baseline, Verily Health Platforms

What You Should Know: - Verily, a subsidiary of Alphabet focused on life sciences and healthcare announced it has raised $700M from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. - The company plans to use the capital to support rapid expansion of some of Verily’s leading commercial businesses including Baseline, an end-to-end ecosystem designed to make clinical research more efficient; and Verily Health Platforms, which supports
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H1 Secures $58M to Expand Global Healthcare Data Platform

by Fred Pennic 12/17/2020 Leave a Comment

H1 Closes $58 Million Series B Co-Led by IVP and Menlo Ventures

What You Should Know: - H1, the largest database of information on every doctor in the world raises $58M in Series B funding, just six months after raising its Series A round during the pandemic. - H1 is the largest database in the world connecting that provides comprehensive in-depth profiles of more than 9 million healthcare professionals and 16,000 institutions in 70-plus countries, all of which are kept up-to-date weekly.  H1, a global platform for the healthcare
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More Than 45 Million Medical Images Are Openly Accessible Online

by Fred Pennic 12/17/2020 Leave a Comment

More Than 45 Million Medical Images Are Openly Accessible Online

What You Should Know: - CybelAngel tools scanned approximately 4.3 billion IP addresses and detected more than 45 million unique medical images left exposed on over 2,140 unprotected servers across 67 countries including the US, UK, and Germany. - The report highlights the security risks of publicly accessible images containing highly personal information including ransomware and blackmail. The analyst team at CybelAngel, a global leader in digital risk protection, has discovered
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OHSU to Deploy Virtual ICU Across 8 Sites to Extend Care to Patients in Rural Communities

by Fred Pennic 12/16/2020 Leave a Comment

OHSU to Deploy Virtual ICU Across 8 Sites to Extend Care to Patients in Rural Communities

What You Should Know: - With ICU beds near capacity across the United States, GE Healthcare announced a strategic partnership with Oregon Health and Science University (OHSU) that will allow OHSU to oversee and help provide care to ICU patients across eight hospital sites via a “Virtual ICU” (VICU), using the GE Healthcare Mural Virtual Care Solution. - The VICU provides critical care specialists at OHSU with digital tools to deploy hospital defined care protocols to remotely identify
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AI Algorithms Can Predict Outcomes of COVID-19 Patients with Mild Symptoms in ER

by Fred Pennic 12/16/2020 Leave a Comment

AI Algorithms Can Predict Outcomes of COVID-19 Patients with Mild Symptoms in ER

What You Should Know: - Artificial intelligence algorithms can predict outcomes of COVID-19 patients with mild symptoms in emergency rooms, according to recent research findings published in Radiology: Artificial Intelligence journal. - Researchers trained the algorithm from data on 338 positive COVID-19 patients between the ages of 21 and 50 by using diverse patient data from emergency departments within Mount Sinai Health System hospitals (The Mount Sinai Hospital in Manhattan, Mount
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How Hackers Are Targeting COVID-19 Vaccine Distribution Chains – Q/A

by Fred Pennic 12/16/2020 Leave a Comment

COVID-19 Vaccine Cyber Attacks

With the US and other major countries poised to begin national distribution of multiple FDA-approved COVID-19 vaccines, the cybersecurity threats to secure COVID19 vaccine distribution is imminent. Earlier this month, IBM released a report on malicious cyber actors targeting the COVID-19 cold chain—an integral part of delivering and storing a vaccine at safe temperatures. Impersonating a biomedical company, cyber actors are sending phishing and spear-phishing emails to executives and global
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M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

by Fred Pennic 12/16/2020 Leave a Comment

M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

What You Should Know:  - Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry. - This acquisition is expected to allow Cerner’s Learning Health Network client consortium and health systems with more opportunities to directly engage with life sciences for funded research studies. The acquisition is expected to close during the first half of
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FDA Authorizes First Fully Over the Counter COVID-19 Home Test

by Fred Pennic 12/16/2020 Leave a Comment

FDA Authorizes Ellume COVID-19 Home Test as First Over-the-Counter Fully At-Home Diagnostic Test

What You Should Know: - FDA grants Emergency Use Authorization for Ellume COVID-19 Home Test for non-prescription home use in symptomatic and asymptomatic individuals - The first fully over-the-counter COVID-19 Home Test demonstrated 96% accuracy in a multi-site US clinical study of both adults and children 2 years and above - Ellume is ramping up manufacture, with production on track for over 100,000 tests per day in January 2021 Ellume, a digital diagnostics announced its rapid,
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Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test

by Fred Pennic 12/15/2020 Leave a Comment

Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test

What You Should Know: - Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test that specifically detects levels of IgG antibodies that attach to the virus’ spike protein, which can be helpful to evaluate a person's immune response to vaccines. - Abbott plans to submit its test for the U.S. Food and Drug Administration (FDA) emergency use authorization soon. Abbott, today announced it received CE Mark for its new quantitative SARS-CoV-2 IgG (Immunoglobulin G)
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Mayo Clinic Researchers to Validate Interoperability of Encrypted Algorithms and Training on Encrypted Data

by Fred Pennic 12/15/2020 Leave a Comment

TripleBlind Collaborates with Mayo Clinic on Next Generation Algorithm Sharing and Training on Encrypted Data

What You Should Know: -  Mayo Clinic researchers are collaborating with TripleBlind on next generation algorithm sharing and training on encrypted data. - TripleBlind’s solution functions as the innovative data encryption conduit that keeps the data and intellectual property in the algorithm secure. TripleBlind announced today it is collaborating with Mayo Clinic researchers who will use TripleBlind tools to validate interoperability of encrypted
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