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Fred Pennic, Editor-in Chief | HIT Consultant

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

100Plus Raises $25M for Remote Patient Monitoring Platform

by Fred Pennic 03/11/2021 Leave a Comment

100Plus Raises $25M for Remote Patient Monitoring Platform

What You Should Know: -  100Plus, a Remote Patient Monitoring (RPM) platform for doctors and their patients, announced series seed investments totaling $25M, led by Henry Kravis, George Roberts, and other super angel investors. - 100Plus is an RPM solution that helps physicians remotely monitor patients and provides data that informs clinical decisions throughout their course of care, which can lead to better outcomes and cost avoidance. 100Plus is the only RPM product to utilize
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Moderna, IBM Partner on COVID-19 Vaccine Supply Chain & Distribution Data Sharing

by Fred Pennic 03/08/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

What You Should Know: - Moderna and IBM announced their intentions to explore technologies, including artificial intelligence, blockchain and hybrid cloud, that could help support smarter COVID-19 vaccine management. Central to the effort will be a pilot of open, standardized, technology-enabled vaccine distribution approaches aimed to improve supply chain visibility and foster near real-time tracking of vaccine administration.   - The goal of the partnership is to identify ways
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bene : studio Launches HealthTech Product Accelerator Starting April 1st

by Fred Pennic 03/05/2021 Leave a Comment

bene : studio Launches HealthTech Product Accelerator Starting April 1st

What You Should Know: - bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies' design and technology. - This accelerator is tailored to advanced Health Tech startups with $1M+ yearly revenue or overall funding, with programs including, but not limited to, Telehealth, IoMT devices, Biotech, and
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Reperio Health Raises $6M to Expand At-Home Wellness Kits to Employer Market

by Fred Pennic 03/05/2021 Leave a Comment

Reperio Health Raises $6M Expand At-Home Wellness Kits to Employer Market

What You Should Know: - Portland, Oregon-based Reperio Health announced it has raised $6M in seed funding co-led by Caduceus Capital Partners in Nashville, Tenn., and Rogue Venture Partnersin Portland, Ore., with additional investment from Liquid 2 Ventures and G Ventures, both out of the San Francisco Bay Area. - Reperio’s patent-pending at-home health assessment brings a broad range of screenings right to peoples’ doors.
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Philips, Disney Partner to Improve Pediatric Experience During MRI Exams

by Fred Pennic 03/04/2021 Leave a Comment

Philips, Disney Partner to Improve Pediatric Experience During MRI Exams

What You Should Know: - Philips and Walt Disney Company, today announced a partnership partners to conduct first of its kind clinical research pilot program that aims to help reduce fear and anxiety to improve children’s patient experience during MRI exams - As part of the partnership, Philips will investigate how Philips Ambient Experience – using a series of animated stories, including some of Disney’s most beloved characters, can improve the patient and clinician experience during
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CorVista Health Nabs $65M for Non-Invasive Cardiac Diagnostic Platform

by Fred Pennic 03/04/2021 Leave a Comment

CorVista Health Nabs $65M for Non-Invasive Cardiac Diagnostic Platform

What You Should Know: - CorVista Health, a Toronto-based digital health company dedicated to improving cardiovascular disease diagnosis, announced it has closed a $65 million Series C financing, bringing the total funding to nearly $100 million. - This significant capital provides a runway for ongoing research, development and commercialization efforts for CorVista® System, the company’s non-invasive, point-of-care solution that allows physicians to rapidly test for heart disease. - The
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Canadian Online Pharmacy PocketPills Nabs $30M to Fuel Same Day Delivery Nationwide

by Fred Pennic 03/03/2021 Leave a Comment

What You Should Know: -PocketPills, Canada’s largest and fastest-growing online pharmacy, announced it has raised $30M in Series B funding, led by TELUS Ventures. The investment will be used to broaden PocketPills’ product offering and further accelerate its national expansion, with facilities opening in Quebec and Alberta that will help achieve its goal of nationwide same-day delivery. - PocketPills is a technology-first online pharmacy, and its research and development team of 30
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First Databank Clinician Addresses COVID-19 Vaccine Skepticism – Q/A

by Fred Pennic 03/03/2021

As the Biden administration ramps up its efforts to increase the access of COVID-19 vaccines to more Americans, there are a large number of Americans who are skeptical about of the COVID-19 vaccine. About 1 in 3 Americans stated they definitely or probably won’t get the COVID-19 vaccine, according to a recent poll from the Associated Press-NORC Center for Public Affairs Research. The poll reveals while 67% of Americans plan to get vaccinated or have already done so, 15% are certain they
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DispatchHealth Reaches $1.7B Valuation, Raises $200M for In-Home Care Model

by Fred Pennic 03/03/2021 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion.  - DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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Wellstar Invests $10M to Become First Sharecare-Enabled Health System

by Fred Pennic 03/03/2021 Leave a Comment

Wellstar Invests $10M to Become First Sharecare-Enabled Health System

Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and consumer engagement. Through this partnership, Wellstar also will become the first “Sharecare-enabled” health system in the country, utilizing Sharecare’s solutions to
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