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Fred Pennic, Editor-in Chief | HIT Consultant

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

Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

by Fred Pennic 11/20/2020 Leave a Comment

Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

What You Should Know: - Spring Health raises $76M to help employers modernize their behavioral health benefits with the most comprehensive solution for employee mental well-being. - Spring Health provides a single front door to any type of care — from digital exercises to ancillary employee assistance program (EAP) services, to coaching, therapy, or medication — leading to faster outcomes, higher engagement, and healthier, happier employees. Spring Health, a leading provider of
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Microsoft Launches Dedicated HealthTech Startup Program in India

by Fred Pennic 11/19/2020 Leave a Comment

Microsoft Launches Dedicated HealthTech Startup Program in India

What You Should Know: - Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. - Selected startups into the program will benefit from focused healthcare industry teams, co-innovation and collaboration, and Microsoft AI for healthcare. Today, Microsoft has announced the launch of a dedicated healthtech startup program to drive healthcare innovation in India. India faces
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Study: Asthma Patients Maintain High Medication Adherence Using Propeller Health’s Platform

by Fred Pennic 11/19/2020 Leave a Comment

Propeller Health’s Platform

What You Should Know: - New study out from Propeller and Chicago's NorthShore University HealthSystem shows that asthma patients maintain higher medication adherence and decrease their rescue inhaler use when using a digital health platform. - The study looked at 100 patients recruited from NorthShore practices, half of whom used Propeller to manage their condition and half of whom did not. - The treatment group maintained their high medication adherence at 68%, while the control
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Cerner Launches Video Visit Platform for CommunityWorks Clients

by Fred Pennic 11/19/2020 Leave a Comment

Cerner Launches Video Visit Platform for CommunityWorks Clients

What You Should Know: - Cerner launches new Video Visit platform for CommunityWorks clients at no cost through 2021 to support rural health organizations. Today in honor of National Rural Health Day, Cerner has announced the launch of their new telehealth offering to support rural health organizations through these tough times. The Video Visit platform will be offered to Cerner CommunityWorks℠ clients at no cost through 2021. The platform, which was announced at a virtual event for
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Nuance Sells Off Transcription and EHR-Go-Live Businesses to DeliverHealth

by Fred Pennic 11/18/2020 Leave a Comment

Nuance Sells Off Transcription and EHR-Go-Live Services Businesses to DeliverHealth

What You Should Know: -   Nuance announced that it’s planning to sell two sections of its healthcare business – Health Information Management (HIM) and Electronic Health Record (EHR) Go-Live Services to a new independent company, called DeliverHealth, in early 2021. - Nuance will be a minority shareholder of DeliverHealth and continue to provide its technology to the company. Nuance Communications, Inc., today announced the planned sale of the Health Information Management (HIM)
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

by Fred Pennic 11/18/2020 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. - Access to over one million patient data records and additional funding support enhanced real-world data and analytics services in oncology. COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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FDA Authorizes First At-Home COVID-19 Test, Results in 30 Mins or Less

by Fred Pennic 11/18/2020 Leave a Comment

FDA Authorizes First At-Home Molecular COVID-19 Test

What You Should Know: - FDA approves emergency use authorization (EUA) for Lucira Health’s all-in-one-test kit for COVID-19 self-testing at home. - The streamlined Lucira COVID-19 All-In-One Test Kit, which fits in the palm of a hand, extracts genetic material from the virus and amplifies it. This process takes up to 30 minutes, but a positive test result can be generated in as few as 11 minutes. On late Tuesday, the Food and Drug Administration (FDA) issued an emergency use
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Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

by Fred Pennic 11/18/2020 Leave a Comment

Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

What You Should Know: - Upfront Healthcare has raised $11.5 million in its Series B with new investor Baird Capital co-leading the round with existing investor LRVHealth (venture capital arm for 22 health systems, payers, and vendors). - Upfront’s Enterprise Care Traffic Control Platform is the multi-channel patient communication hub that activates every patient to get the care they need at the appropriate clinical service throughout their care journey. Upfront Healthcare, a leading
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Amazon Launches Digital Pharmacy Store: 6 Key Things to Know

by Fred Pennic 11/17/2020 Leave a Comment

Amazon Launches Digital Pharmacy Store: 6 Key Things to Know

Amazon.com, Inc. today announced the expansion of its foothold into the pharmacy business with two new pharmacy offerings to help customers conveniently purchase their prescription medications. Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App. Here are six key things to know about this landmark announcement: 1. Using a secure pharmacy profile, customers can add their insurance
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M&A: Central Logic Acquires Patient Care Transition Platform Ensocare

by Fred Pennic 11/17/2020 Leave a Comment

M&A: Central Logic Acquires Patient Care Transition Platform Ensocare

What You Should Know: - Central Logic has acquired Omaha-based Ensocare, which automates the referral process for patients from hospital to post-acute care (PAC) when they are being discharged. - This acquisition means that Central Logic’s technology solution will now expand its reach across the care continuum, from acute to post-acute care—into, through and out of the health system. This combined capability is key to increasing patient satisfaction while also increasing patient census by
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