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Fred Pennic, Editor-in Chief | HIT Consultant

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

Vynca Secures $30M to Expand Integrated Palliative Care Platform

by Fred Pennic 01/31/2022 Leave a Comment

Vynca Secures $30M to Expand Integrated Palliative Care Platform

What You Should Know: - Vynca, a technology provider addressing the needs of those battling serious illnesses, has raised $30 million in growth capital led by Questa Capital with participation from existing investors including Generator Ventures, First Trust Capital Partners, 4100 Group and OCA Ventures.  - Vynca will use the capital to grow its clinical services organization and expand its technology suite to meet the needs of value-based care programs, in addition to
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What the Crisis-Adoption of Telehealth Can Teach Tech Leaders

by Jessica Sweeney-Platt, VP of Research and Editorial Strategy at athenahealth 01/31/2022 Leave a Comment

What the Crisis-Adoption of Telehealth Can Teach Tech Leaders

The pandemic disrupted many industries, but few experienced the level of change seen in healthcare. During the pandemic, the healthcare industry evolved from slowly adopting technology to implementing new technology strategies virtually overnight to continue patient care, most notably through telehealth. Moreover, during the pandemic, government deregulation helped drive a surge in virtual care, which was especially critical for patients with chronic conditions and at high risk if they were to
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Clinician Burnout, Nursing Staffing Shortage: 7 Exec Predictions to Watch

by Fred Pennic 01/28/2022 Leave a Comment

5 Steps to an Efficient Data-Driven Transfer Center

From clinician burnout to nursing staffing shortages, we asked executives to share their clinical predictions to watch in 2022 and beyond. Angie Franks, CEO of ABOUT Health system leaders will be focused on addressing dangerously high rates of clinician burnout and labor shortages across all roles, coupled with continued revenue and margin pressure. So it will be more important than ever for healthcare organizations to operate as a system and leverage all of their resources to ensure
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Uber Health Hires First Chief Medical Officer, Aledade’s New CEO, Other Digital Health Appointments

by Fred Pennic 01/28/2022 Leave a Comment

Uber Health Hires First Chief Medical Officer, Aledade’s New CEO, Other Digital Health Appointments

Uber Health, Uber’s healthcare arm, announced its first Chief Medical Officer, Dr. Michael Cantor. Dr. Cantor will enable Uber Health to continue building innovative solutions that address the needs of patients, clinicians, and care coordinators. As a board-certified geriatrician, his experience designing clinical programs for older adults and vulnerable populations gives him unique insights into the most pressing gaps in care–and how technology can provide the flexible solutions needed to
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Talkiatry Lands $37M to Expand In-Network Psychiatric Care

by Fred Pennic 01/27/2022 Leave a Comment

Talkiatry Lands $37M to Expand In-Network Psychiatric Care

What You Should Know: – Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts. - The company also appointed Samson Walla as its Vice President of Operations. Walla joins Talkiatry from Uber, where he served as
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Mayo Clinic Taps Oracle Fusion Cloud for Finance, HR, and Supply Chain Management

by Fred Pennic 01/27/2022 Leave a Comment

Mayo Clinic Taps Oracle Fusion Cloud for Finance, HR, and Supply Chain Management

What You Should Know: - Mayo Clinic has selected Oracle Fusion Cloud Applications Suite and Oracle Fusion Analytics to power its business processes as it transforms the future of healthcare.  - With Oracle, Mayo Clinic will be able to support its path to 2030, an ambitious strategy to cure, connect and transform healthcare, by improving the administrative services experiences and scaling functions and business analysis to support its global growth. - As one of the world’s leading
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Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform

by Fred Pennic 01/26/2022 Leave a Comment

Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform

What You Should Know: - Today, Honeywell announced it has made a strategic investment in RapidSOS, an NYC-based emergency response data platform, to further modernize and digitize the public safety communications process. - In addition to the strategic investment, Honeywell Connected Life Safety System (CLSS) will integrate with the RapidSOS emergency response data platform to provide faster, more accurate communications
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emids Acquires Cloud Development Resources to Create Low-Code Development Practice

by Fred Pennic 01/26/2022 Leave a Comment

emids Acquires Cloud Development Resources to Create Low-Code Development Practice

What You Should Know: - emids, today announced the acquisition of Cloud Development Resources (CDR), a leading provider of low-code, enterprise-grade business solutions and services on the OutSystems platform for some of the country’s leading and largest healthcare and life sciences companies. - OutSystems is the pioneer in low-code development, and this partnership with emids creates the healthcare industry’s first dedicated low-code development practice. Financial terms of the deal were
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6 Healthcare Cybersecurity, Ransomware Predictions to Watch in 2022

by Fred Pennic 01/26/2022 Leave a Comment

Protecting Medical Device Security in the Age of Ransomware

We reached out to six healthcare executives for their trends and predictions on healthcare cybersecurity and ransomware to watch in 2022. Milan Shah, Chief Technology Officer of Biofourmis Cyberattacks on hospitals and health systems will continue their rapid pace in 2022, but as more providers launch hospitals at home and remote patient management programs and the technology has to traverse enterprise firewall boundaries, it provides attackers an extensive new surface area to attack.
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Swiftarc Ventures Launches $75M Telemedicine Venture Fund

by Fred Pennic 01/25/2022 Leave a Comment

Swiftarc Ventures Launches $75M Telehealth Venture Fund

What You Should Know: - Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund. - The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.  Investment Thesis In the past, the three-pillared U.S. healthcare system (Patients,
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