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Fred Pennic, Editor-in Chief | HIT Consultant

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

Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem

by Fred Pennic 07/13/2020 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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Allscripts, Microsoft Ink 5-Year Partnership to Support Cloud-based Sunrise EHR, Drive Co-Innovation

by Fred Pennic 07/13/2020 Leave a Comment

Allscripts, Microsoft Ink 5-Year Partnership to Support Sunrise EHR, Drive Co-Innovation

What You Should Know: - Allscripts and Microsoft sign a five-year partnership extension to support Allscripts’ cloud-based Sunrise electronic health record and drive co-innovation. - The alliance will enable Allscripts to harness the power of Microsoft’s platform and tools, including Microsoft Azure, Microsoft Teams, and Power BI, creating a more seamless and highly productive user experience. Today Allscripts and Microsoft Corp. announced the extension of their long-standing
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Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

by Fred Pennic 07/10/2020 Leave a Comment

Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

What You Should Know: - Repurpose.AI, has partnered with Scripps Research to discover drug candidates that may be repurposed to treat COVID-19.  - The partnership will leverage Repurpose.AI's ActivPred AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic digital chemistry engine, to discover drug candidates to treat COVID-19.  Scripps Research is teaming up with Repurpose.AI, an AI drug discovery company to develop COVID-19 therapeutics. The
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Cleveland Clinic Florida Opens Florida Research and Innovation Center

by Fred Pennic 07/10/2020 Leave a Comment

Cleveland Clinic Florida Opens Florida Research and Innovation Center

What You Should Know: - Cleveland Clinic Florida opens Florida Research and Innovation Center that will advance innovative translational research, focused on immuno-oncology and infectious diseases, including COVID-19. - The 107,000-square-foot, state-of-the-art research facility features modern laboratory space, biosafety level 3 facilities for work with infectious agents, and office space for support services on eight acres of land.   Cleveland Clinic Florida announced
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New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired

by Fred Pennic 07/09/2020 Leave a Comment

New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired

What You Should Know: - CVS introduced Spoken Rx™, a new feature of the CVS Pharmacy app that can read important prescription information out loud. It is vitally important for patient safety and adherence that prescription labels are clear and visible, but for patients with visual impairments or those who can’t read standard print labels, that’s not always the case. - Spoken Rx provides an audible label option that reads important info such as patient name, medication name,
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Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring

by Fred Pennic 07/09/2020 Leave a Comment

Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring

What You Should Know: - Philips integrates the BioIntelliSense FDA-cleared BioSticker™ sensor as part of its remote patient monitoring solutions for patients outside the hospital. - Multi-parameter sensors aid monitoring across multiple chronic conditions with medical-grade vital signs for physicians to remotely track core symptoms, including COVID-19. - Healthcare Highways is the first to leverage the BioSticker sensor as a part of Philips’ RPM program in the U.S. Philips,
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Walgreens to Invest $1B in VillageMD to Open 500 to 700 Full-Service Doctor Offices

by Fred Pennic 07/08/2020 Leave a Comment

Walgreens to Invest $1B in VillageMD to Open 500 to 700 Full-Service Doctor Offices

- Walgreens will invest $1 billion in equity and convertible debt in VillageMD to open 500 physician-led primary care clinics in more than 30 U.S. markets in the next five years. - VillageMD and Walgreens also recently announced the availability of Village Medical telehealth providers on Walgreens Find Care™, which is an online platform that connects patients with a wide range of health services. Walgreens Boots Alliance, Inc. and VillageMD announced today that Walgreens will be the
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VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans

by Fred Pennic 07/08/2020 Leave a Comment

VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans

What You Should Know: - U.S. Department of Veterans Affairs selects Philips to create the world’s largest tele-critical care system, further integrating tele-health and delivering quality care for veterans. - The ten-year contract, which enables VA to invest up to $100 million with Philips for tele-critical care technology and services, leverages Philips history of innovation, including research into technologies that can better support veterans, telehealth,
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Dealing with Medical Malpractice as a Doctor Amid a Pandemic

by Fred Pennic 07/08/2020 Leave a Comment

Dealing with Medical Malpractice as a Doctor Amid a Pandemic

Coronavirus is a deadly virus with a high transmission rate. It has become so widespread that it has now disrupted the economies of every country on the planet. Since it is a novel virus, there are still tons about it that we do not know.  However, one thing rings true—the health and safety of the general public is of utmost importance. Who is at the helm of all this? All the medical frontline workers who are risking their lives to contain the virus and treat all
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Philips Rolls Out Mobile ICUs in India to Tackle COVID-19, Can Be Deployed in 1 Day

by Fred Pennic 07/07/2020 Leave a Comment

Philips Rolls Out Mobile ICUs in India to Tackle COVID-19, Can Be Deployed in 1 Day

What You Should Know: - Philips introduces first-of-a-kind mobile ICUs in India to tackle COVID-19 and other emergencies with each ICU unit capable of being deployed in one day. - Each mobile ICU comes pre-equipped with a state-of-the-art critical-care infrastructure, such as independent patient cubicles, plus anti-bacterial paint and high-end washrooms with a self-disinfection facility to avoid cross-contamination. - Next to the mobile ICUs Philips is also offering a dedicated
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