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Fred Pennic, Editor-in Chief | HIT Consultant

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

DarioHealth Selected as Digital Chronic Care Solution by Self Insured, Fortune 500 Company

by Fred Pennic 11/24/2020 Leave a Comment

DarioHealth Launches Digital Diabetes Program on Walmart.com

What You Should Know: - DarioHealth Corp., a pioneer in the global digital therapeutics market, announced today that it has signed a contract to provide its digital therapeutics solution to eligible employees of a U.S.-based Fortune 500 technology company. - Dario's top-rated digital diabetes tools and coaching will be available to eligible employees and their dependents starting January 1, 2021 - Dario helps manage and improve the health of people living with chronic conditions such
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

by Fred Pennic 11/23/2020 Leave a Comment

SPAC Mergers with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

What You Should Know: - GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. - The combined company will be named UpHealth, Inc. and will continue to be listed on the NYSE under the new ticker symbol “UPH”. Blank check acquisition company GigCapital2 agreed to merge with Cloudbreak Health, LLC, a unified
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Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox

by Fred Pennic 11/23/2020 Leave a Comment

Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox

Signify Health, a leading provider of technology-enabled healthcare solutions designed to keep people healthy and happy at home has acquired PatientBlox, an Atlanta-based technology company with deep expertise in applying distributed ledger technology in healthcare. The acquisition accelerates Signify's prospective provider payment capabilities for episodes of care, supporting the company's commitment to advance value-based care through novel payment and risk arrangements. Financial details of
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GE Healthcare Acquires Swedish Photon Counting CT Startup Prismatic Sensors AB

by Fred Pennic 11/20/2020 Leave a Comment

GE Healthcare Acquires Swedish Photon Counting CT Startup Sensors AB

What You Should Know: - GE Healthcare acquires Swedish startup Sensors AB, specializing in photon counting detectors for an undisclosed amount. - The acquisition underscores the company’s continued investment and dedication in photon-counting CT technology (PCCT) - PCCT is anticipated to further expand the clinical capabilities of traditional CT technology GE Healthcare today announced its acquisition of Prismatic Sensors AB, a Swedish-based startup specializing in photon
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Medable Raises $91M for Global Decentralized Clinical Trials Platform

by Fred Pennic 11/20/2020 Leave a Comment

Medable Raises $91M for Global Decentralized Clinical Trials Platform

What You Should Know: Medable announced $91 million in new funding to accelerate the life sciences industry’s shift to digital and decentralized clinical trials, bringing Medable’s total capital raised to more than $136M. - Medable has played a pivotal role in enabling clinical trials during the COVID-19 pandemic, facilitating the continuation of existing research via remote care as well as accelerating the development of vaccines and therapeutics for COVID-19. Medable,
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Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

by Fred Pennic 11/20/2020 Leave a Comment

Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

What You Should Know: - Spring Health raises $76M to help employers modernize their behavioral health benefits with the most comprehensive solution for employee mental well-being. - Spring Health provides a single front door to any type of care — from digital exercises to ancillary employee assistance program (EAP) services, to coaching, therapy, or medication — leading to faster outcomes, higher engagement, and healthier, happier employees. Spring Health, a leading provider of
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Microsoft Launches Dedicated HealthTech Startup Program in India

by Fred Pennic 11/19/2020 Leave a Comment

Microsoft Launches Dedicated HealthTech Startup Program in India

What You Should Know: - Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. - Selected startups into the program will benefit from focused healthcare industry teams, co-innovation and collaboration, and Microsoft AI for healthcare. Today, Microsoft has announced the launch of a dedicated healthtech startup program to drive healthcare innovation in India. India faces
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Study: Asthma Patients Maintain High Medication Adherence Using Propeller Health’s Platform

by Fred Pennic 11/19/2020 Leave a Comment

Propeller Health’s Platform

What You Should Know: - New study out from Propeller and Chicago's NorthShore University HealthSystem shows that asthma patients maintain higher medication adherence and decrease their rescue inhaler use when using a digital health platform. - The study looked at 100 patients recruited from NorthShore practices, half of whom used Propeller to manage their condition and half of whom did not. - The treatment group maintained their high medication adherence at 68%, while the control
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Cerner Launches Video Visit Platform for CommunityWorks Clients

by Fred Pennic 11/19/2020 Leave a Comment

Cerner Launches Video Visit Platform for CommunityWorks Clients

What You Should Know: - Cerner launches new Video Visit platform for CommunityWorks clients at no cost through 2021 to support rural health organizations. Today in honor of National Rural Health Day, Cerner has announced the launch of their new telehealth offering to support rural health organizations through these tough times. The Video Visit platform will be offered to Cerner CommunityWorks℠ clients at no cost through 2021. The platform, which was announced at a virtual event for
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Nuance Sells Off Transcription and EHR-Go-Live Businesses to DeliverHealth

by Fred Pennic 11/18/2020 Leave a Comment

Nuance Sells Off Transcription and EHR-Go-Live Services Businesses to DeliverHealth

What You Should Know: -   Nuance announced that it’s planning to sell two sections of its healthcare business – Health Information Management (HIM) and Electronic Health Record (EHR) Go-Live Services to a new independent company, called DeliverHealth, in early 2021. - Nuance will be a minority shareholder of DeliverHealth and continue to provide its technology to the company. Nuance Communications, Inc., today announced the planned sale of the Health Information Management (HIM)
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