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Fred Pennic, Editor-in Chief | HIT Consultant

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

emids Acquires Healthcare Software Development Firm Macadamian

by Fred Pennic 01/28/2021 Leave a Comment

emids Acquires Canadian Design-Led Software Engineering Firm Macadamian

What You Should Know: - Healthcare IT company emids announced the acquisition of Canadian-based Macadamian, a global full-service healthcare software design and development consulting firm.   - The acquisition reflects emids’ response to accelerated investment in digital health and provides it with a competitive advantage as the addition of design capabilities allows it to support the entire continuum of customers’ digital transformation efforts. - A milestone in the company’s growth
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Lyra Health Raises $187M at $2.3B Valuation for Digital Mental Health Platform

by Fred Pennic 01/28/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B Valuation for Digital Mental Health Platform

What You Should Know: - Lyra Health just announced another massive funding round of $187M, bringing its total to approximately $462 million and the valuation to approximately $2.3 billion. - The company, which previously raised a series D round in August of $110M at a valuation slightly above $1 billion has now more than doubled in value. - Lyra Health also announced a new partnership with global benefits company ICAS, which now allows it to provide some level of mental health parity to
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M

by Fred Pennic 01/27/2021 Leave a Comment

DarioHealth Acquires Musculoskeletal Solution Upright for $31M

What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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VillageMD to Launch First Primary Care Clinic in Chicago

by Fred Pennic 01/27/2021 Leave a Comment

VillageMD to Launch First Primary Care Clinic in Chicago

What You Should Know: VillageMD announced its plans to open its first primary care clinic in Chicago through the acquisition of Primary Care Medical Associates at 1460 N. Halsted Street, Suite 202 in Chicago.   As part of the acquisition, Dr. Robert Perlmuter and providers will join Village Medical offering comprehensive primary care across a broad range of physician services, along with 24/7 care through telehealth and virtual care. The addition marks the 45th Village Medical office
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CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends

by Fred Pennic 01/26/2021 Leave a Comment

CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends

What You Should Know: - New CHIME-KLAS interoperability report reveals steady progress in some areas related to interoperability and leaps forward in others. - A total of 67% of provider organizations reported they often or nearly always had access to needed records in 2020, up from 28% in 2017. Providers noted improvements in functionality and usability for tasks like locating and viewing records.  Both providers and the companies that produce the hardware and software needed
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MetroHealth System, CareSimple Launch Remote Patient Monitoring Program

by Fred Pennic 01/26/2021 Leave a Comment

What You Should Know: - CareSimple and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership. - Under the terms of the agreement, CareSimple will empower the Cleveland, Ohio public health system with simple, patient-friendly RPM solutions to improve health outcomes for their high-risk senior and chronically ill populations.  The MetroHealth System, a nationally recognized public health care system located in
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Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

by Fred Pennic 01/26/2021 Leave a Comment

Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

What You Should Know: -  Concentra recently transitioned their three-year-old Concentra Telemed® offering from Amwell to the eVisit Virtual Care platform. - The eVisit Virtual Care platform is supporting all of Concentra’s telemedicine requirements, including its industry-leading 24/7/365 Concentra Telemed offering and Concentra Telerehab®, conducting more than 8,000 virtual visits a month. - eVisit was founded six years ago and is already in use at more than 100
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AstraZeneca and Care Access Research Collaborate on Decentralized COVID-19 Clinical Trial

by Fred Pennic 01/26/2021 Leave a Comment

16 COVID-19 Predictions and Trends for 2021 Executive Roundup 12-Available-COVID-19-Vaccine-Management-Solutions-to-Know-In-Depth-1

What You Should Know: - AstraZeneca and Care Access Research are teaming up to provide decentralized, mobile research site operations for AstraZeneca’s AZD7442 phase III clinical trial in the US. - The Phase III clinical trial called STORM CHASER will assess the safety and efficacy of AZD7442 for post-exposure prophylaxis and pre-emptive treatment in approximately 1,125 participants in the US and UK. Care Access Research, a decentralized research organization (DRO) that operates as
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From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

by Dr. Nandor Pinter, Director of Neuroimaging Research, DENT Institute & Dr. Murray Gillies, General Manager of Digital Cognitive Dx Venture, Philips 01/26/2021 Leave a Comment

From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

The field of neurology is at an inflection point. With a growing aging population, neurologists are facing an increasing number of patients needing care, and the pent-up demand for services due to COVID-19 only exacerbates this issue. The pressure on neurologists is enormous, with surveys indicating excessive stress caused by inefficient workflow and mounting paperwork 1,2. It is becoming increasingly clear that the traditional analog neurological exam and referral system is overwhelmed, and
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Hurdle Secures $5M for Digital Mental Health Platform for People of Color

by Fred Pennic 01/25/2021 Leave a Comment

Hurdle Secures $5M for Digital Mental Health Platform for People of Color

What You Should Know: - Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. - Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care for People of Color by rooting its services in evidence-based methods of cultural humility. Hurdle (formerly Henry Health), a Washington, D.C.-based innovative digital mental health platform company,
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