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Fred Pennic, Editor-in Chief | HIT Consultant

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

Boston Scientific Acquires Remote Cardiac Monitoring Company Preventice Solutions for $1.2B

by Fred Pennic 01/21/2021 Leave a Comment

Boston Scientific Acquires Preventice Solutions for $925M in Cash

What You Should Know: - Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B. - The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities. Boston Scientific today announced that it has acquired Preventice Solutions, Inc., a
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Biden Administration Appoints Micky Tripathi New ONC National Coordinator for Health IT

by Fred Pennic 01/21/2021 Leave a Comment

ONC Names Micky Tripathi New National Coordinator for Health IT

- The Biden administration has appointed Micky Tripathi the new National Coordinator for Health IT, succeeding Don Rucker, M.D. who held the post since April 2017. - The Office of the National Coordinator for Health Information Technology is the principal entity charged with coordination of nationwide efforts to implement and use the most advanced health information technology and electronic exchange of health information. As National Coordinator, Tripathi will be at the forefront of the
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Cerner Appoints Mark Erceg New Chief Financial Officer

by Fred Pennic 01/21/2021 Leave a Comment

Cerner Appoints Mark Erceg New Chief Financial Officer

Key Points to Know: - Cerner appoints Mark Erceg as the company’s new Executive Vice President and Chief Financial Officer (CFO), effective February 22, 2021. - Erceg will succeed Marc Naughton, who is departing from Cerner at the end of the first quarter. Naughton will serve as an Executive Advisor to ensure a smooth transition. - As Cerner’s CFO, Erceg will lead the company’s global finance organization, including accounting, treasury, financial planning and analysis, tax and
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Uber, Moderna Partner to Increase Access to COVID-19 Vaccines

by Fred Pennic 01/20/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

What You Should Know: - Moderna and Uber announced a partnership to work together initially to provide accessible, credible information on COVID-19 vaccine safety through Uber’s in-app messaging. - The two companies will also work with public health and other organizations to identify additional opportunities to support ongoing efforts to broaden access to COVID-19 vaccines. - Additional options being evaluated include incorporating ride scheduling directly into the immunization
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Biobeat Launches Home-Based Remote Patient Monitoring Kit

by Fred Pennic 01/20/2021 Leave a Comment

Biobeat Launches Home-Based Remote Patient Monitoring Kit

What You Should Know: - Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit. - The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology. Biobeat, an Israeli-based continuous remote
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Capital BlueCross Taps NeuroFlow Support Member Mental Health

by Fred Pennic 01/20/2021 Leave a Comment

NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

What You Should Know: - Capital BlueCross, a health insurer serving a 21-county region in Central Pennsylvania and the Lehigh Valley by offering health insurance products, services, and technology solutions has signed a partnership with tech-enabled behavioral health company Neuro Flow. - As part of its commitment to offering members the best healthcare experience, Capital BlueCross has expanded its innovative wellness resources to include a new mobile app focused on mental
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mPulse Mobile Acquires Digital Health Engagement Company The Big Know

by Fred Pennic 01/19/2021 Leave a Comment

mPulse Mobile Acquires Digital Health Engagement Company Big Know

What You Should Know: - mPulse Mobile, the leader in conversational AI solutions for the healthcare industry, will acquire The Big Know, a prominent digital health company transforming how healthcare educates consumers. - A deeper entrenchment in the streaming age and shifting consumer expectations demand a shift in the healthcare industry's approach to care delivery and experiences. Quality patient engagement must be acknowledged as a vital and unavoidable part of the healthcare
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HHS Awards $20M in Funds to Increase Data Sharing Between HIEs & Immunization Registries

by Fred Pennic 01/19/2021 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - The ONC today unveiled a series of investments to improve the sharing of health information related to vaccination. - The new investments will provide opportunities to track vaccination progress, help clinicians contact high-risk patients, and help identify patients due to receive the second dose of the vaccine. The U.S. Department of Health and Human Services acting through the Office of the National Coordinator for Health Information Technology (ONC) today
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Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

by Fred Pennic 01/19/2021 Leave a Comment

Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

What You Should Know: - Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). - The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed a recapitalization of RxBenefits, the
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Philips Acquires Medical Device Integration Platform Capsule for $635M

by Fred Pennic 01/19/2021 Leave a Comment

Philips Acquires Medical Device Integration Platform Capsule for $635M

What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’ strategy to transform the delivery of healthcare along the health continuum with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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