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Fred Pennic, Editor-in Chief | HIT Consultant

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

Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

by Fred Pennic 08/20/2020 Leave a Comment

Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

What You Should Know: - Brightline raises $20 million to bring its virtual behavioral healthcare platform to kids and families across California and beyond. - Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. Brightline, a Palo Alto, CA-based provider of technology-enabled pediatric behavioral healthcare, announced it has
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Vocera Acquires Secure Communications Platform EASE Applications

by Fred Pennic 08/19/2020 Leave a Comment

Vocera Acquires Secure Communications Platform EASE Applications

What You Should Know: - Today Vocera Communications acquires EASE Applications, a provider of a secure communication platform and mobile application that delivers updates, messages to patients’ loved ones, during surgeries and at other times. - The Orlando-based EASE offers a cloud-based service that is built to improve the patient experience by enabling friends and family members to receive timely updates about the progress of loved ones in the hospitals. Care team members can send
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Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io

by Fred Pennic 08/19/2020 Leave a Comment

Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io

What You Should Know: - Change Healthcare acquires Nucleus.io to create the first of its kind end-to-end, cloud-native Enterprise Imaging to integrate Change Healthcare’s next-generation medical imaging platform. - The acquisition will accelerate Change Healthcare’s timeline to implement a complete cloud-based, end-to-end Enterprise Imaging solution with customers by leveraging the 7,500+ organizations Nucleus.io currently serves. Change Healthcare (Nasdaq: CHNG) today announced the
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Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

by Fred Pennic 08/19/2020 Leave a Comment

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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Bridge Connector Lands $25.5M to Expand Healthcare Integration Platform

by Fred Pennic 08/18/2020 Leave a Comment

Bridge Connector

What You Should Know: - Bridge Connector raises $25.5 million in Series B funding to advance interoperability layer for healthcare organizations as demand for integrated health data intensifies during COVID-19 pandemic. - The investment will support the growth of Destinations, the company’s new integration-platform-as-a-service (iPaaS) that connects health data systems using use-case-based interoperability blueprints to speed integrations with major vendors. Bridge Connector, a
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Cerner Technology to Support COVID-19 Testing for HBCUs Nationwide

by Fred Pennic 08/18/2020 Leave a Comment

Cerner Technology to Support COVID-19 Testing for HBCUs Nationwide

What You Should Know: - Cerner announces a commitment to help expand COVID-19 testing at Historically Black Colleges and Universities (HBCUs) across the U.S through a partnership with Testing for America. - As part of the partnership, Cerner will serve as the national technology partner for a return to school effort led by the Thurgood Marshall College Fund (TMCF) and The United Negro College Fund (UNCF). The strategic initiative aims to support HBCUs in their COVID-19 testing of
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Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

by Fred Pennic 08/17/2020 Leave a Comment

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital

What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health.  - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
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Memorial Health Deploys Chatbots to Virtualize Waiting Room Experience

by Fred Pennic 08/14/2020 Leave a Comment

What You Should Know: - Memorial Health System selects LifeLink Conversational AI technology to virtualize the waiting room experience for patients - Mobile chatbots to automate intake for telehealth and in-person visits, while maintaining COVID-19 social distancing and safety protocols. Memorial Health System , a community-based, not-for-profit corporation serving the people and communities of central Illinois through five hospitals has selected LifeLink to deploy advanced
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Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

by Fred Pennic 08/14/2020 Leave a Comment

Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

What You Should Know: - Direct-to-consumer telehealth company Thirty Madison raises $47M in Series B round from Johnson & Johnson and Polaris Partners. - Thirty Madison's three portfolio brands — Keeps, Cove, and Evens — enables patients to easily access specialist-level care combined with the convenience of telemedicine and treatment delivery.  Thirty Madison, a New York City-based digital health company reinventing the patient experience
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CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

by Fred Pennic 08/14/2020 Leave a Comment

CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

What You Should Know: - CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer. - CancerIQ’s technology enables hospitals to use genomics to personalize the prevention and early detection of cancer. - Two new hires recently joined CancerIQ’s newly formed Integrated Products team from Epic, with the goal of advancing CancerIQ’s integration with leading
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