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Fred Pennic, Editor-in Chief | HIT Consultant

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

Fitbit Receives $2.5M Award from Army for COVID-19 Early Detection

by Fred Pennic 10/29/2020 Leave a Comment

Fitbit Receives $2.5M Award to Validate COVID-19 Early Detection Algorithm

What You Should Know: - The U.S. Army Medical Research and Development Command selects Fitbit to advance the development of a wearable diagnostic capability for the early detection of COVID-19 infection. - Fitbit plans to initiate a prospective study with Northwell Health’s Feinstein Institutes for Medical Research to validate its COVID-19 early detection algorithm. Fitbit announced today it has been selected by the U.S. Army Medical Research and Development Command (USAMRDC) to
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HHS Extends Compliance Dates for Information Blocking Requirements

by Fred Pennic 10/29/2020 Leave a Comment

What You Should Know: - HHS released an interim final rule to extend compliance dates and timeframes to meet information blocking beyond those identified in April 21, 2020, enforcement discretion announcement and establishes new future applicability dates for information blocking provisions. - The interim final rule also adopts updated standards and makes technical corrections and clarifications to the ONC Cures Act Final Rule. Today the U.S. Department of Health and Human Services’
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CVS Health Adds 1,000 COVID-19 Rapid-Result Testing at Retail Pharmacy Locations

by Fred Pennic 10/28/2020 Leave a Comment

CVS Health Adds 1,000 COVID-19 Rapid-Result Testing at Retail Pharmacy Locations

What You Should Know: - CVS Health announced plans to expand COVID-19 testing services by offering rapid-result testing at select CVS Pharmacy locations and through the company’s return to work COVID-19 testing solution, Return Ready. - Rapid-result tests can help to slow the spread of the virus, especially when combined with other preventive measures including social distancing and “mask-wearing” because it provides patients with the opportunity for a quick diagnosis, appropriate
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XRHealth to Launch Virtual Reality Telehealth Clinic in Israel In November

by Fred Pennic 10/28/2020 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth announce it will launch a new virtual reality telehealth clinic in Israel, slated to open on November 1st. - The VR-driven telehealth clinic treats patients in Israel for symptoms related to Stress & Anxiety, ADHD, Motor & Cognitive Rehabilitation, post-COVID-19, Parkinson’s, Brain Injury, and more. XRHealth, a Boston, MA-based provider of extended reality therapeutic applications, today announced a new virtual reality
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Northwestern to Deploy FDA-Cleared Deploy AI-Guided Cardiac Ultrasounds

by Fred Pennic 10/28/2020 Leave a Comment

What You Should Know: - Northwestern Memorial Hospital is the first in the nation to deploy FDA-cleared AI-guided ultrasound by Caption Health, including measurement of ejection fraction – the most widely used measurement to assess cardiac function. - Caption Health's AI-guided cardiac ultrasound enables clinicians – including those without experience – to accurately perform diagnostic-quality exams -- accelerating the availability of information and saving lives. - Caption AI has been
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Nice Healthcare Nabs $5M to Power ‘Frictionless’ Virtual Primary Care

by Fred Pennic 10/28/2020 Leave a Comment

Nice Healthcare Nabs $5M to Power ‘Frictionless’ Virtual Primary Care

What You Should Know: -  Nice Healthcare raises $5M in seed funding to power the next phase of growth of its in-home and virtual primary care services. - Nice contracts directly with employers to provide unlimited access to its service under a transparent and capitated rate of $30 - $36 per employee per month. Nice Healthcare, a Minneapolis, MN-based provider of in-home and virtual primary care services, today announced it has raised $5 million in seed funding to pioneer the
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Healthify, Algorex Health & Excellus BCBS Tap into SDoH Analytics to Address Social Disparities

by Fred Pennic 10/28/2020 Leave a Comment

Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care

What You Should Know: - Healthify in partnership with Algorex Health Technologies, announced the results of new social determinants of health (SDoH) population analysis of Excellus BlueCross BlueShield (BCBS) members. - SDoH are non-clinical conditions that significantly affect health outcomes. The analysis identified Excellus BCBS members who are struggling with SDoH such as unstable housing, food insecurity and neighborhood stress – which has enabled Excellus BCBS to develop a targeted
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Human API Raises $20M+ to Scale User-Controlled Health Data Ecosystem

by Fred Pennic 10/27/2020 Leave a Comment

Human API Raises $20M+ to Scale User-Controlled Health Data Ecosystem

What You Should Know: - Human API, the consumer-controlled health data platform announced it has closed a Series C round of $20M+ this week. - Human API’s consumer-controlled platform gives users a streamlined means of accessing and sharing their personal health records with physicians, trusted startups and enterprises, and insurers. - The platform harnesses a machine learning-powered data pipeline that structures health data into a consistent format, making it easier for medical
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Medidata Acquires Digital Biomarker Business of MC10 / Clinical Trials & Wearable Sensors

by Fred Pennic 10/27/2020 Leave a Comment

Medidata Acquires Digital Biomarker Business of MC10 / Clinical Trials & Wearable Sensors

What You Should Know: - Clinical trials technology company Medidata has acquired the digital biomarker business of MC10. - MC10’s offerings will bring novel clinical analytics and biosensor capabilities to Medidata’s existing technology solutions, enhancing Medidata’s capabilities to integrate data from wearable sensors – including clinical grade metrics – in clinical trials. - With this acquisition, Medidata’s integrated offering will help provide life sciences companies and device
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COVID-19 Pandemic Further Exposes Systemic Racism…

by Michael A Greeley, Co-Founder & General Partner at Flare Capital Partners 10/27/2020 Leave a Comment

Pandemic Further Exposes Systemic Racism… Healthcare Technology Digital Health

This will be ugly and sad. Racism has cost this country $16 trillion over the last twenty years according to a recent Citigroup report. Much of this loss ($13 trillion) was attributed to discriminatory lending practices and the 6.1 million fewer jobs created as a result, while disparity in wages ($2.7 trillion) and discrimination in housing policies and lost income due to restricted access to higher education accounted for the balance. The report estimates that if these gaps were to be
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