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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response

by Fred Pennic 08/13/2020 Leave a Comment

Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response

What You Should Know: - Cerner launches a new Command Center dashboard to help organizations visualize and optimize operations in a centralized location by leveraging real-time data and predictive analytics to provide situational awareness and decision support during COVID-19. - Powered by AI and predictive models, helps organizations align patient needs, staffing, and resources to improve care and operational efficiency. Healthcare IT leader Cerner recently launched a new tool to
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Bayer, Verizon Partner to Build Next-Gen Global Network Infrastructure

by Fred Pennic 08/13/2020 Leave a Comment

Bayer, Verizon Partner to Build Next-Gen Global Network Infrastructure

What You Should Know: - Bayer announced that it has chosen Verizon Business to build a next-gen global network infrastructure to support the pharmaceutical giant’s global business operations.  - Verizon will enhance Bayer’s existing network capabilities to enable easier and more cost-effective network management and will deploy next-generation network technologies, such as software-defined networking (SDN), to further improve resilience, flexibility,
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Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

by Fred Pennic 08/13/2020 Leave a Comment

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
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Cone Health to Merge with Sentara Healthcare Totaling $11B in Assets

by Fred Pennic 08/13/2020 Leave a Comment

Cone Health to Merge with Sentara Healthcare Totaling $11B in Assets

What You Should Know: - Cone Health has signed a letter of intent to merge with Norfolk, Virginia-based Sentara Healthcare for a combined $11B in assets. - The merger creates one large health system totaling of 17 hospitals – 11 Sentara hospitals in Virginia and one in Elizabeth City, N.C., and five Cone Health hospitals in the area surrounding Greensboro. Cone Health has signed a letter of intent to merge with Norfolk, Virginia-based Sentara Healthcare. The merger will
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HHS Announces Investments for STAR HIE Program to Support State and Local Public Health Agencies

by Fred Pennic 08/12/2020 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - HHS Office of the National Coordinator for Health Information Technology (ONC) will award up to five 5 cooperative agreements under the Strengthening the Technical Advancement and Readiness of Public Health Agencies via Health Information Exchange (STAR HIE) Program. The U.S. Department of Health and Human Services (HHS) today issued a Notice of Funding Opportunity to expand and accelerate innovative
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