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Fred Pennic, Editor-in Chief | HIT Consultant

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

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

by Fred Pennic 04/22/2021 Leave a Comment

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

What You Should Know: - Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country. - Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry

by Fred Pennic 04/21/2021 Leave a Comment

Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry

What You Should Know: - Cerner has taken another step into the life insurance industry today with an strategic collaboration with MIB, a company providing risk management services to hundreds of insurance companies in the United States and Canada. - The agreement will establish MIB as the exclusive collaborator to provide access to digital patient data from Cerner within the life insurance industry.  MIB will now be able to facilitate access to 54 million patient
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets

by Fred Pennic 04/21/2021 Leave a Comment

Teladoc Health Integrates with Proximie’s Virtual Operating Room Platform

What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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70% of Patients Prefer A Virtual Waiting Room, Survey Reveals

by Fred Pennic 04/20/2021 Leave a Comment

70% of Patients Prefer A Virtual Waiting Room, Survey Reveals

What You Should Know: - Nearly 70% of patients would prefer a “virtual waiting room” than arriving at the office in person and completing the paperwork in a waiting room, according to survey results from LifeLink Systems. - The survey, conducted by YouGov on behalf of Lifelink Systems, polled more than 2,400 U.S. adults across age, income, ethnic, and geographic groups ). Survey participants were then presented with the concept of a Virtual
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PatientKeeper Integrates with MEDITECH Expanse EHR for Physicians’ Mobile Devices

by Fred Pennic 04/20/2021 Leave a Comment

PatientKeeper Integrates with MEDITECH Expanse EHR for Physicians’ Mobile Devices

What You Should Know: - PatientKeeper, a provider of electronic health records (EHR) optimization software solutions, today announced it has integrated its mobile app with the MEDITECH® Expanse™ hospital EHR system, enabling healthcare providers to view inpatient data stored in Expanse on their iOS and Android smartphones and tablets. - Physicians using the Expanse acute-care EHR will now have access to patients’ vital signs, test results, medications and more -- all from their iOS or
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GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

by Fred Pennic 04/19/2021 Leave a Comment

GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

What You Should Know: - GoodRx just announced the acquisition of HealthiNation, a leading producer of original health videos, as part of its continued investment in delivering high-quality content and information, and expanding its offering to pharmaceutical manufacturers. Financial details of the acquisition were not disclosed. - GoodRx works with manufacturers to deliver affordability solutions such as co-pay cards, patient assistance programs, and other savings options directly to
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Virta Health Raises $133M to Expand Type 2 Diabetes Reversal Platform

by Fred Pennic 04/19/2021 Leave a Comment

Virta Health Reaches Unicorn Status After Raising $65M to Reverse Type 2 Diabetes

What You Should Know: - Virta Health, a San Francisco, CA-based company raises $133M led by , to scale its virtual metabolic clinic and approach to reversing chronic metabolic conditions (type 2 diabetes, prediabetes, and obesity) to the masses led by Tiger Global. - The Series E financing follows a recent $65 million raise in December of 2020, nearly doubling the company’s valuation in just 5 months to $2 billion. - Buoyed by delivering transformational outcomes in patient health and
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Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

by Fred Pennic 04/16/2021 Leave a Comment

Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

What You Should Know: - Specialty EHR vendor Modernizing Medicine has acquired TRAKnet  and other assets from podiatric electronic health records (EHR) vendor NEMO Health. The announcement follows Modernizing Medicine’s acquisition of the SammyEHR Podiatry platform last year, further solidifying Modernizing Medicine’s position as a market leader in podiatry. - Modernizing Medicine plans to accelerate innovation and bring advanced EHR, practice management, and
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FCC to Provide Additional $249M for COVID-19 Telehealth Program

by Fred Pennic 04/16/2021 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - The Federal Communications Commission’s Wireline Competition Bureau will begin accepting applications for Round 2 of the COVID-19 Telehealth Program on Thursday, April 29, 2021 at 12:00 PM ET at www.fcc.gov/covid19telehealth.   - The filing window will last seven calendar days and close on Thursday, May 6, 2021 at 12:00 PM ET.  Round 2 of
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Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

by Fred Pennic 04/15/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable, Inc., a Palo Alto, CA-based global platform for decentralized clinical trials today announced $78M in new funding to fuel advances in the delivery of digital and decentralized clinical trials, accelerating the industry’s shift to patient-centered drug development. The funding was led by Sapphire Ventures, along with new investor Obvious Ventures and follow-on investment from existing investors GSR Ventures, PPD, Inc., and Streamlined Ventures. - This is
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