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Fred Pennic, Editor-in Chief | HIT Consultant

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

HLTH21: Roche, Ibex Medical Partner to Develop AI-Powered Digital Pathology Apps

by Fred Pennic 10/18/2021 Leave a Comment

HLTH21: Roche, Ibex Medical Partner to Develop AI-Powered Digital Pathology Apps

What You Should Know:  - Ibex Medical Analytics, the pioneer in AI-based cancer diagnostics, today announced that it has signed a deal with Roche, the world’s largest biotech company and global pioneer in pharmaceuticals and diagnostics. Ibex will be integrating its Galen™ platform into Roche’s uPath enterprise cloud software in order to help pathologists to enable pathologists to seamlessly access Ibex’s AI algorithms, insights, and decision support tools using NAVIFY Digital Pathology,
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HLTH21: TytoCare Launches Enhanced Telehealth Video Capabilities Powered by Amazon Chime

by Fred Pennic 10/18/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know:  - Today at HLTH21, TytoCare launched an expansion of its video capabilities, including enhanced video quality, multi-party calls, and the ability for clinicians to conduct remote visits on any tablet, including iPads. - The enhanced video capabilities include top-of-the-line video quality on Windows and MacOS, iOS and Android, and tablets, including iPads; multi-party calls to include primary care providers, interns, specialists, interpreters, caregivers, and
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HLTH21: Olive Launches Universal Marketplace for Digital Healthcare Solutions

by Fred Pennic 10/18/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Today at HLTH, $4B healthcare automation company Olive announced the launch of The Library, a healthcare solution marketplace that will reduce the burden for early-stage developers as they bring innovative new technology solutions to patients. - This new marketplace enables Olive’s partners — ranging from individual developers to large enterprise brands — to open a distribution channel and market to Olive’s customer base, which currently includes more than 950
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15 HLTH 2021 Predictions from Digital Health Executives to Watch

by Fred Pennic 10/14/2021 Leave a Comment

HLTH 2021 Predictions

Before HLTH 2021 kicks off in Boston on October 17th, here are 15 predictions from digital health executives to watch: "The explosion of telehealth will certainly be a hot topic at HLTH. I expect the other trend will be focusing on mental health, especially in the context of the post-Covid era. And of course, we will continue the conversation on interoperability, data, and AI." “We’re looking forward to hearing about the acceleration of technology-driven performance and accountability
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Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform

by Fred Pennic 10/14/2021 Leave a Comment

Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform

What You Should Know:  - Today, Intelerad Medical Systems™, a global leader in medical image management solutions, announced its acquisition of Ambra Health, forming the global leader in cloud PACs and enterprise imaging. The acquisition marks Intelerad’s fourth deal this calendar year, with the transaction valuing the combined company $1.7B. - Ambra powers some of the largest health systems - such as Johns Hopkins Medicine, Memorial Hermann and New York-Presbyterian, as well as
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GHX Acquires Explorer Surgical: Getting Closer to the Patient

by Fred Pennic 10/14/2021 Leave a Comment

GHX Acquires Explorer Surgical: Getting Closer to the Patient

What You Should Know:  - Today, GHX announced it has acquired Chicago-based Explorer Surgical, operator of a comprehensive digital and remote case support platform that connects suppliers with provider teams. Financial details of the acquisition were not disclosed.  - With today’s increased focus on value-based care and reimbursements increasingly being tied to positive patient outcomes, GHX and Explorer Surgical will help enhance collaboration between healthcare providers and
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Lark Health Raises $100M for Digital Care Management & Prevention Platform

by Fred Pennic 10/13/2021 Leave a Comment

Lark Health Raises $100M for Digital Care Management & Prevention Platform

What You Should Know:  - Lark Health, a healthcare technology company aimed at delivering infinitely scalable, virtual chronic and preventative healthcare through conversational AI announced it has raised $100M in Series D funding led by Deerfield Management Company. The funding round also includes crossover fund PFM Health Sciences, as well as returning investors Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology cofounder Weili Dai. -
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Backed by a16z, Sprinter Health Raises $33M to Build the “DoorDash for Lab Draws”

by Fred Pennic 10/13/2021 Leave a Comment

Backed by a16z, Sprinter Health Raises $33M to Build the “DoorDash for Lab Draws”

What You Should Know:  - Sprinter Health, an on-demand mobile health company that wants to make getting lab work done, vitals checked or a rapid Covid test as easy as ordering food delivery, today launched with $33 Million in Series A funding led by Andreessen Horowitz (a16z), with participation from General Catalyst, Accel, Google Ventures (GV), and other leading investors.  - The innovative healthcare technology company will use the funds to expand its last-mile healthcare
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Fitbit Awards 6 Researchers $300k to Drive Health Equity

by Fred Pennic 10/13/2021 Leave a Comment

Fitbit Awards 6 Researchers $300k to Drive Health Equity

What You Should Know:  - Fitbit, today announced it has awarded six researchers more than a total of $300,000 in Fitbit devices and services to support their research projects working to address health disparities in communities. Over the past decade, researchers have used Fitbit devices in over 900 health studies, in areas like diabetes, heart disease, oncology, mental health, infectious disease and more. - Additionally, Fitbit’s long-time partner, Fitabase, will provide all projects
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Best Buy Acquires Care-At-Home Platform Current Health – M&A

by Fred Pennic 10/12/2021 Leave a Comment

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

What You Should Know: - Best Buy, today announced it has signed an agreement to acquire Boston-based Current Health, an enterprise care-at-home technology platform that brings together remote patient monitoring, telehealth, and patient engagement into a single solution for healthcare organizations. Financial details of the acquisition were not disclosed.  Founded in 2015, Current Health’s enterprise care-at-home platform enables healthcare organizations to deliver high-quality,
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