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Fred Pennic, Editor-in Chief | HIT Consultant

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

RapidSOS Secures $85M to Scale Emergency Response Data Platform

by Fred Pennic 02/11/2021 Leave a Comment

RapidSOS Secures $85M to Scale Emergency Response Data Platform

What You Should Know: - RapidSOS, NYC-based digital health announced it has raised $85M in Series C funding led by Insight Partners, bringing the company’s total funding to $200M - Founded in 2012, RapidSOS has created the world's first emergency response data platform that securely links life-saving data from 350M+ connected devices to emergency services and first responders. Through the platform, RapidSOS provides intelligent data that supports over 4,800 Emergency Communications Centers
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Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

by Fred Pennic 02/09/2021 Leave a Comment

Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

What You Should Know: - Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. - The startup plans to use this round to scale its commercial operations and partnerships with U.S. providers, grow its R&D team and cement its status as a world-leading provider of AI-powered Surgical Intelligence solutions. Theator, a Palto Alto,
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Verily and Janssen Launch COVID-19 Immune Response Study

by Fred Pennic 02/08/2021 Leave a Comment

What You Should Know: - Verily and Janssen launches COVID-19 Immune Response Study that aims to collect detailed information about how the coronavirus affects the immune system immediately after someone tests positive for COVID-19. Verily, an Alphabet company, is partnering with Janssen Research & Development LLC (Janssen) to launch a COVID-19 Immune Response Study as part of Verily’s Project Baseline. The study aims to collect detailed information about how the coronavirus affects
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Lyft Launches Enhanced Concierge In-App Experience for Healthcare

by Fred Pennic 02/08/2021 Leave a Comment

Lyft Launches Enhanced Concierge In-App Experience for NEMT

What You Should Know: - Lyft launches enhanced Lyft Concierge experience within the rider app like streamlined, multi-language support and advanced security — through their Lyft app account, if they have one. Lyft Business, today announced the launch of enhanced Lyft Concierge experience with advanced safety features and an enhanced experience when they open their rides in the Lyft app. Lyft Concierge enables organizations to schedule and cover the cost of a ride on behalf of a
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care

by Fred Pennic 02/05/2021 Leave a Comment

UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care

What You Should Know: - UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data. UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare quality company. Astrata uses advanced analytics and natural language processing (NLP) to improve value-based care. Founded by Rebecca Jacobson, M.D., M.S. Astrata
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6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability

by Fred Pennic 02/04/2021 Leave a Comment

6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability

What You Should Know: - A group of six health information exchanges (HIE) announced today their formation of the Consortium for State and Regional Interoperability (CSRI). - The 501(c)(3) CRSI aims to help drive individual and population health improvements across the nation through robust and innovative sharing of health information. - Collective, CRSI connects over 80 million records for patients across several states and provide a wide range of services to healthcare
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Anthem Acquires Puerto Rico’s Largest Medicare Advantage Plan

by Fred Pennic 02/04/2021 Leave a Comment

Anthem Acquires Puerto Rico’s Largest Medicare Advantage Plan

What You Should Know: - Anthem, Inc. has entered into an agreement with InnovaCare Health, L.P., to acquire its Puerto Rico-based subsidiaries, including MMM Holdings, LLC (“MMM”) and its Medicare Advantage (MA) plan MMM Healthcare, LLC as well as affiliated companies and Medicaid plan.   - MMM is Puerto Rico’s largest MA plan and one of the fastest-growing vertically integrated healthcare organizations in the United States. - With more than 267,000 MA members and over 305,000
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Kaiser Inks Multi-Year Agreement with Accenture, Microsoft for Cloud Transition

by Fred Pennic 02/03/2021 Leave a Comment

Kaiser Inks Multi-Year Agreement with Accenture, Microsoft for Cloud Transition

What You Should Know: - Kaiser Permanente signs a multi-year strategic agreement with Accenture and Microsoft to support the healthcare provider’s transition to the cloud environment. - The partnership enables stronger cloud computational power and data insights readily available to care teams, so Kaiser’s members—and patients—will benefit from more timely and personalized healthcare. Kaiser Permanente today announced a multi-year agreement with Microsoft and Accenture to leverage
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Casana Raises $14M to Expand IoT Heart Health Toilet Seat

by Fred Pennic 02/03/2021 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana raises $14M in Series A funding to pursue FDA clearance for its an IoT heart health toilet seat that captures clinically relevant measurements, including heart rate, blood pressure, blood oxygenation, and cardiac output. Casana, previously known as Heart Health Intelligence, Inc., a healthcare technology firm that is re-inventing in-home health monitoring, today announced that it has raised $14M in Series A funding, bringing the total capital raised to
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