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Fred Pennic, Editor-in Chief | HIT Consultant

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

Intel, UPenn Form AI Initiative to Identify Brain Tumors via Secure Data

by Fred Pennic 05/11/2020 Leave a Comment

Intel & UPenn Announce AI Initiative to Identify Brain Tumors Through Secure Data

What You Should Know: - To coincide with brain tumor awareness month in May, today Intel and the Perelman School of Medicine at the University of Pennsylvania (UPenn) announced an NIH-funded program that uses AI to identify brain tumors while protecting patient data. - Funded by the National Institutes of Health, UPenn and these health care institutions will use Intel’s federated learning technology to produce a new AI model that is trained on the largest brain tumor dataset to
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Mount Sinai Deploys Google Nest Cameras for Nurses to Communicate & Monitor COVID-19 Patients

by Fred Pennic 05/11/2020 Leave a Comment

Mount Sinai Deploys Google Nest Cameras for Nurses to Communicate & Monitor COVID-19 Patients

What You Should Know: - Mount Sinai deploys Google Nest cameras across the system to help patients with COVID-19 that will enhance the safety of patients and staff, as well as reducing PPE demands. - Google Nest partnered with Mount Sinai in April to pilot the console in a hospital setting as the virus reached peak levels in New York City.  The Mount Sinai Health System has teamed up with Google Nest to use the latest in video and audio technologies to monitor some of the
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New Coin-Size Disposable Wearable Medical Device Enables COVID-19 Symptom Monitoring

by Fred Pennic 05/08/2020 Leave a Comment

New Coin-Size Disposable Wearable Medical Device Enables COVID-19 Symptom Monitoring

What You Should Know: - As the government guides state re-openings, digital health startup BioIntelliSense announced the newest advancements of its medical-grade biosensor solution portfolio and Data-as-a-Service (DaaS) platform. - The company’s new COVID-19 Return to Work and School solution generates a more reliable clinical assessment of an individual’s infectious risk status through home-based screening tools and data-driven clearance
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COVID-19 Crisis: Only 27% of Nurses Have Enough PPE for May

by Fred Pennic 05/08/2020 Leave a Comment

COVID-19 Survey Reveals Only 27% of Nurses Have Enough PPE for May

What You Should Know: - New survey data From NurseFly reveals more than 50% Of nurses are dissatisfied with the level of resources and training from hospitals battling the COVID-19 crisis. - Only 27% of nurses noted that their hospital has an adequate amount of PPE for them to conduct their job for the next month. NurseFly, a temporary healthcare staffing technology platform, released a new round of findings from a national survey of 1,380+ nurses
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Wellth Lands $10M for Behavioral Economic Platform to Improve Health Outcomes

by Fred Pennic 05/07/2020 Leave a Comment

Wellth Lands $10M for Behavioral Economic Platform to Improve Health Outcomes

What You Should Know: - Digital behavior change startup Wellth closes $10M in Series A funding led by Boehringer Ingelheim and yabeo - DaVita, and others will help drive care plan adherence for high-risk patient populations - Powered by a behavioral economics engine paired with an intuitive, consumer-grade smartphone experience designed to motivate and delight, Wellth rewards members with daily financial incentives for verifying adherence to prescribed care plan.  Wellth, a platform
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LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

by Fred Pennic 05/06/2020 Leave a Comment

LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

LetsGetChecked, a leading direct-to-consumer at-home health testing and insights company, today announced the closing of $71 million in its Series C round of financing co-led by Illumina Ventures and HLM Venture Partners. The round also includes new investors Deerfield, CommonFund Capital, and Angeles Investments and existing investors Transformation Capital, Optum Ventures, and Qiming Venture Partners USA. Nick Naclerio, Founding Partner at Illumina Ventures and Steven Tolle, Partner at HLM
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Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

by Fred Pennic 05/06/2020 Leave a Comment

Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

What You Should Know: Philips unveils first of its kind ultrasound solution for pediatric assessment to provide a gentler approach to imaging children.  It combines dedicated transducers, enhanced processing, and software tools that are optimized for the pediatric diagnostic workflow to help improve the experience of both young patients and staff. Royal Philips, a global leader in health technology, announced the ultimate ultrasound
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AdhereHealth Launches COVID-19 Adherence Solution for High Risk Populations

by Fred Pennic 05/06/2020 Leave a Comment

AdhereHealth Launches COVID-19 Adherence Solution for High Risk Populations

What You Should Know:- AdhereHealth launches COVID-19 Adherence Solution to help protect high-risk populations and reduce unnecessary hospitalizations during COVID-19 pandemic.- The new solution combines predictive analytics, proactive outreach and home-delivered pharmacy services to help high-risk patients overcome SDOH challenges and continue taking their prescribed medications throughout the COVID-19 crisis. Nashville, TN-based AdhereHealth today announced the immediate availability of its
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Change Healthcare Buys Back Pharmacy Network for $213M in Cash

by Fred Pennic 05/05/2020 Leave a Comment

Change Healthcare Buys Back Pharmacy Network for $213M in Cash

What You Should Know: - Change Healthcare buys back pharmacy network eRx Network (eRx) for $212.9 million-plus cash on the balance sheet. - eRx Network runs a network connected to about 59,000 pharmacies that process more than 1.5 billion transactions annually and also markets insurance verification, e-prescribing, and claims billing services, among others. Change Healthcare buys back pharmacy unit eRx Network (“eRx”), a leading provider of comprehensive, innovative,
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Medable Lands $25M to Expand Platform for Decentralized Clinical Trials

by Fred Pennic 05/05/2020 Leave a Comment

Medable Lands $25M to Expand Platform for Decentralized Clinical Trials

What You Should Know: - Medable raises $25M in funding to expand global platform for decentralized clinical trials led by GSR Ventures, with additional investment from existing investor PPD, Inc.  - Founded in 2015, Medable’s global decentralized trial platform streamlines design, recruitment, retention and data quality, replacing siloed systems with integrated digital tools, data and interfaces to accelerate trial execution. Medable, Inc., a Palo Alto, CA-based global platform for
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