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Fred Pennic, Editor-in Chief | HIT Consultant

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

AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

by Fred Pennic 09/30/2021 Leave a Comment

AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

What You Should Know: - AlleyCorp, a NYC firm dedicated to founding, funding, and building transformative companies across industries today announced the launch of the AlleyCorp Healthcare Fund, an $100M early-stage venture capital healthcare fund and incubator. The physician-led healthcare fund builds on AlleyCorp’s momentum in digital health and responds to the growing need and opportunity, made all the more urgent by the pandemic, to enable higher-quality, lower-cost healthcare for
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Vital Raises $15M to Expand AI-Powered Emergency Department Platform

by Fred Pennic 09/29/2021 Leave a Comment

Vital Raises $15M to Expand AI-Powered Emergency Department Platform

What You Should Know: - Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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Walmart to Deploy Epic EHR Platform in 4 New Health Centers

by Fred Pennic 09/29/2021 Leave a Comment

Walmart Health Taps Zotec Partners to Power Patient Financial Experience

What You Should Know: - Walmart announces a new partnership with Epic to deploy a single enterprise EHR platform in four new Walmart Health Centers opening in Florida in early 2022. - The Epic deployment will engage patients, healthcare professionals, insurance carriers and other stakeholders while enhancing communication, personalization and information sharing amongst healthcare professionals and patients utilizing a patient portal.
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Innovaccer, Roche Partner to Develop Clinical Decision Support Solutions

by Fred Pennic 09/29/2021 Leave a Comment

Innovaccer, Roche Partner to Develop Clinical Decision Support Solutions

What You Should Know:  - Innovaccer Inc. the Health Cloud company, announced it has entered into a three-year collaboration with Roche to partner in the development of innovative clinical decision support solutions on the InnovaccerⓇ Health Cloud for the U.S. market. - As part of the strategic collaboration, the Innovaccer Health Cloud and its core Data Activation Platform will be used to integrate disparate data from EHRs, labs, claims, pharmacy—virtually any healthcare data
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M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

by Fred Pennic 09/29/2021 Leave a Comment

M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

What You Should Know: - Panalgo, a leading healthcare analytics company, has been acquired by MMIT and Evaluate, which joined forces last month to become a $1.6 billion global pharma commercial intelligence provider.  Panalgo provides software that streamlines healthcare data analytics by removing complex programming from the equation. Panalgo's Instant Health Data (IHD) software empowers teams to generate and share trustworthy results faster, enabling more impactful decisions - With
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UArizona Awarded $60M to Launch Precision Aging Network

by Fred Pennic 09/28/2021 Leave a Comment

UArizona Awarded $60M to Launch Precision Aging Network

What You Should Know: - The University of Arizona has been awarded a five-year $60 million grant from the National Institutes of Health to create and lead a Precision Aging Network that could transform the way we think about the aging brain. - The network will bring together researchers from across the country to better understand how and why people experience brain aging differently, with the ultimate goal of developing more effective treatments and interventions targeted to the
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NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

by Fred Pennic 09/28/2021 Leave a Comment

NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

What You Should Know: -  NovaSignal Corp., a Los Angeles-based medical technology and data company specializing in the assessment and management of brain health, announced today it has closed $37M in a Series C1 round of funding led by Alpha Edison and Reimagined Ventures. - By applying robotics and artificial intelligence to cerebral ultrasound, NovaSignal uniquely captures blood flow data in real time. The NovaSignal Platform empowers the clinical team with critical, real-time
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Inaugural AWS Healthcare Accelerator Finalists Announced

by Fred Pennic 09/27/2021 Leave a Comment

AWS Healthcare Accelerator Launches Digital Health Startups

What You Should Know: - Amazon Web Services (AWS), today announced the ten finalists and participants for the first ever AWS Healthcare Accelerator.  The ten companies were selected from 427 applications from 31 countries around the world by a panel from Amazon Web Services (AWS) and KidsX.  The AWS Healthcare Accelerator is a four-week technical, business, and mentorship accelerator opportunity open to U.S.-based healthcare startups or international healthcare startups that have
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TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses

by Fred Pennic 09/27/2021 Leave a Comment

TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses

What You Should Know: - TRIPP, a Los Angeles, CA-based XR wellness and digital psychedelic platform, today announced its continued expansion beyond virtual reality into augmented reality (AR), launching on Nreal’s mixed reality glasses in Japan, Korea, Hong Kong, Germany and Spain. TRIPP was also selected as one of six companies to join T-Mobile’s Wellness Accelerator Program, working directly with technologists and business leaders at T-Mobile to build other 5G-powered experiences that
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Matternet Launches World’s First City-Wide Medical Drone Delivery Network in Abu Dhabi

by Fred Pennic 09/22/2021 Leave a Comment

Matternet Launches World's First City-Wide Medical Drone Delivery Network in Abu Dhabi

What You Should Know: - Today, Matternet announced the launch of the world's first city-wide drone delivery network for the rapid transport of medical goods in Abu Dhabi, in collaboration with the Abu Dhabi Department of Health (DoH) and logistics company Skygo. The network will significantly increase the connectivity of the Emirate’s health ecosystem and position it as a global leader in advanced air mobility. The DoH shared news of the project yesterday (press release).  - To bring
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