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Fred Pennic, Editor-in Chief | HIT Consultant

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

CommonSpirit, Vital Expand Partnership After Successful Pilot to Improve Patient Experience in ED & Patient Care Delivery

by Fred Pennic 10/20/2021 Leave a Comment

CommonSpirit, Vital Expand Partnership After Successful Pilot to Improve Patient Experience in ED & Patient Care Delivery

What You Should Know: - Today at HLTH 2021, CommonSpiritHealth announced the results of its pilot with Vital, the artificial intelligence (AI)-powered software improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and inpatient stays. Vital’s digital tool, ERAdvisor, helps keep patients informed and in control of their visit by providing real-time content and text message updates to patients and their families through their smartphone. The app
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HealthEdge Acquires Wellframe to Enter Member Engagement Market

by Fred Pennic 10/19/2021 Leave a Comment

Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams

What You Should Know:  - HealthEdge Software, Inc. (“HealthEdge”), a provider of the industry’s leading next-gen integrated solution suite for health insurers, today announced it has entered into a definitive agreement to acquire digital health management platform Wellframe Inc. (“Wellframe”). Financial details of the transaction were not disclosed.  - The company’s Digital Health Management platform enables health plans to modernize member-facing services, including care
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Rev Cycle Company Ensemble Health Partners Files to Go Public

by Fred Pennic 10/19/2021 Leave a Comment

Rev Cycle Company Ensemble Health Partners Files to Go Public

What You Should Know:  - Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.  - Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to
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Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21

by Fred Pennic 10/19/2021 Leave a Comment

Skyflow Secures $45M to Expand Health Data Privacy Vaults

What You Should Know:  - Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, Skyflow has raised over $70M over the last 18 months, and is positioned for rapid growth.  - Skyflow delivers a zero-trust data
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GoCheck Raises $10M for Digital Pediatric Vision Screening to Protect Children from Vision Impairment and Blindness

by Fred Pennic 10/19/2021 Leave a Comment

GoCheck Raises $10M for Digital Pediatric Vision Screening to Protect Children from Vision Impairment and Blindness

What You Should Know:  - GoCheck, creator of GoCheck Kids, a digital vision screening platform, announced today an investment round of $10 million co-led by Hatteras Venture Partners and Pisgah Fund (affiliated with HCA). The round also included participation from new investors CU Healthcare Innovation Fund (affiliated with the University of Colorado) and WakeMed Hospitals Innovation Venture Fund, and existing investors Marc Benioff (Founder/CEO of Salesforce), Interwest Partners, FCA
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HLTH21: Roche, Ibex Medical Partner to Develop AI-Powered Digital Pathology Apps

by Fred Pennic 10/18/2021 Leave a Comment

HLTH21: Roche, Ibex Medical Partner to Develop AI-Powered Digital Pathology Apps

What You Should Know:  - Ibex Medical Analytics, the pioneer in AI-based cancer diagnostics, today announced that it has signed a deal with Roche, the world’s largest biotech company and global pioneer in pharmaceuticals and diagnostics. Ibex will be integrating its Galen™ platform into Roche’s uPath enterprise cloud software in order to help pathologists to enable pathologists to seamlessly access Ibex’s AI algorithms, insights, and decision support tools using NAVIFY Digital Pathology,
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HLTH21: TytoCare Launches Enhanced Telehealth Video Capabilities Powered by Amazon Chime

by Fred Pennic 10/18/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know:  - Today at HLTH21, TytoCare launched an expansion of its video capabilities, including enhanced video quality, multi-party calls, and the ability for clinicians to conduct remote visits on any tablet, including iPads. - The enhanced video capabilities include top-of-the-line video quality on Windows and MacOS, iOS and Android, and tablets, including iPads; multi-party calls to include primary care providers, interns, specialists, interpreters, caregivers, and
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HLTH21: Olive Launches Universal Marketplace for Digital Healthcare Solutions

by Fred Pennic 10/18/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Today at HLTH, $4B healthcare automation company Olive announced the launch of The Library, a healthcare solution marketplace that will reduce the burden for early-stage developers as they bring innovative new technology solutions to patients. - This new marketplace enables Olive’s partners — ranging from individual developers to large enterprise brands — to open a distribution channel and market to Olive’s customer base, which currently includes more than 950
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15 HLTH 2021 Predictions from Digital Health Executives to Watch

by Fred Pennic 10/14/2021 Leave a Comment

HLTH 2021 Predictions

Before HLTH 2021 kicks off in Boston on October 17th, here are 15 predictions from digital health executives to watch: "The explosion of telehealth will certainly be a hot topic at HLTH. I expect the other trend will be focusing on mental health, especially in the context of the post-Covid era. And of course, we will continue the conversation on interoperability, data, and AI." “We’re looking forward to hearing about the acceleration of technology-driven performance and accountability
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Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform

by Fred Pennic 10/14/2021 Leave a Comment

Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform

What You Should Know:  - Today, Intelerad Medical Systems™, a global leader in medical image management solutions, announced its acquisition of Ambra Health, forming the global leader in cloud PACs and enterprise imaging. The acquisition marks Intelerad’s fourth deal this calendar year, with the transaction valuing the combined company $1.7B. - Ambra powers some of the largest health systems - such as Johns Hopkins Medicine, Memorial Hermann and New York-Presbyterian, as well as
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