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Fred Pennic, Editor-in Chief | HIT Consultant

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

Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

by Don Godbee, Mobile Solutions Architect at Stratix 12/09/2020 Leave a Comment

Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

Telehealth and virtual care are not brand-new phenomena suddenly cobbled together as a rapid response to the onset of the COVID-19 pandemic, but the average US patient could be forgiven for thinking that it is. Indeed, virtual visits to care providers and remote patient monitoring have been available for quite some time, delivering two key benefits:  - Providing a platform to address cost-efficiencies and accessibility to quality healthcare for the populace at large  - Playing a
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath

by Fred Pennic 12/08/2020 Leave a Comment

M&A: Ro Acquires On-Demand, In-Home Platform Workpath

What You Should Know: - Ro announced it has acquired Workpath, a technology platform that powers on-demand, in-home healthcare and diagnostics services nationwide. - Through this acquisition, Ro’s platform will now uniquely bring together a patient's doctor, pharmacy, and diagnostics/lab--offering a personalized, end-to-end experience with no insurance required. - Ro is also announcing a partnership with Quest Diagnostics, which operates more than 2,200 locations nationwide, to
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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Wolters Kluwer Launches Alexa Skill to Keep Patients Engaged With Their Care Team at Home

by Fred Pennic 12/07/2020 Leave a Comment

What You Should Know: - Wolters Kluwer, Health launches new Alexa skill, Emmi Care Plan to keep patients engaged with their care team at home following discharge from the hospital. - Using a natural dialogue that automatically adjusts to patient responses, customers can engage with the skill on Alexa-enabled devices simply by saying, “Alexa, ask Emmi Care Plan” to complete periodic health assessments, reminders, and additional education. To keep health consumers engaged with their
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Highmark Taps Lark Health for AI-Driven Chronic Disease Management/Prevention

by Fred Pennic 12/07/2020 Leave a Comment

Highmark Taps Lark Health for AI-Driven Chronic Disease Management/Prevention

What You Should Know: - Highmark, one of the largest Blues plans, has chosen Lark Health for its chronic disease prevention and management platform. - Members will have access to Lark’s 24/7 AI-based coaching and programs to manage diabetes, hypertension, and prevent chronic conditions. Highmark Inc., America's fourth-largest overall Blue Cross Blue Shield-affiliated organization, announced a growing collaboration with Lark Health, virtual chronic disease prevention and management
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Medical AI Startup SegMed Nabs $2M to Aggregate Medical Data for Research

by Fred Pennic 12/04/2020 Leave a Comment

Medical AI Startup SegMed Nabs $2M to Aggregate Medical Data for Research

What You Should Know: - Segmed emerges out of stealth and has secured $2M in seed funding to empower medical AI efforts through easy access to high-quality, structured and anonymized training data sets. - The healthcare industry is amassing data at an unprecedented rate but unless this data is standardized, labeled, and curated for use by patients and clinicians, it is not beneficial. - Segmed simplifies the process by enabling AI developers to achieve faster development times,
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Backed by Redesign Health, MedArrive Launches with $4.5M in Funding for Care Management Platform

by Fred Pennic 12/04/2020 Leave a Comment

Backed by Redesign Health, MedArrive Launches with $4.5M in Funding for Care Management Platform

What You Should Know: - With $4.5 million in funding from Kleiner Perkins and Define Ventures, and backed by Redesign Health, MedArrive is poised to bridge the virtual care gap and make affordable at-home care the new norm. - Co-founded by the former head of Uber Health, MedArrive enables healthcare providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. - MedArrive’s fully integrated care
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CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status

by Fred Pennic 12/04/2020 Leave a Comment

What You Should Know: - CommonHealth has connected to 230 health systems in the United States, allowing patients to gather, manage and share their health and test data, including COVID test and vaccination status. By the end of this month, CommonHealth will connect to more than 340 health systems - CommonHealth extends the health data portability and interoperability model pioneered by Apple Health to the 55 percent of Americans with Android devices (85 percent globally) The Commons
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4 Actions to Elevate the Patient Experience and Spark Growth

by Fred Pennic 12/04/2020 Leave a Comment

4 Actions to Elevate the Patient Experience and Spark Growth

What You Should Know: - According to a new report from Accenture, 2 out of 3 patients are likely to switch to a new healthcare provider if their expectations for managing COVID-19 are not met, including sanitary and safety protocols, access to up-to-date information, and the availability of virtual care options. -  Accenture identified four ways to improve the patient experience, and therefore your path to recovery, during, and after the pandemic. The COVID-19 pandemic forced
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Israeli Digital Health VC Firm OTV Closes $170M Venture Fund

by Fred Pennic 12/03/2020 Leave a Comment

Israeli Digital Health VC Firm OTV Closes $170M Venture Fund

What You Should Know: - OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm closes $170 million venture fund to support innovative digital health companies worldwide. - OTV also announced today a new China office and the appointment of Jose Antonio Urrutia Rivas as Head of Asia Pacific. OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm, today announced the closing of a fund with a total value of
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