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Fred Pennic, Editor-in Chief | HIT Consultant

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

Providence Combines 9 Investments & Acquisitions to Form Tegria

by Fred Pennic 10/12/2020 Leave a Comment

Providence Combines 9 Investments & Acquisitions to Form Tegria

What You Should Know: - Providence combines nine operating companies to form Tegria into a comprehensive suite of offerings for organizations across the health care sector -Tegria will focus on three key initiatives—healthcare consulting and technology services, revenue cycle management solutions and software technology and platforms. Providence, one of the nation's largest health systems announce the formation of Tegria, a new company designed to provide next-generation
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HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

by Fred Pennic 10/12/2020 Leave a Comment

HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

What You Should Know: - HealthStream acquires ShiftWizard, a SaaS-based nurse scheduling software saves your hospital time & money with an innovative scheduling solution and mobile app made by nurses, for nurses. - HealthStream acquired ShiftWizard, Inc. for approximately $32.0 million in cash, subject to working capital and other customary purchase price adjustments. HealthStream today announced that it has acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company
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UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

by Fred Pennic 10/12/2020 Leave a Comment

UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to all patients faster, such as predicting the need for blood transfusions or detecting tumors on X-rays, while maintaining patient privacy using Confidential Computing technology. UC
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Comcast Spinoff Quil Unveils Home-Based Sensor Network for Seniors

by Fred Pennic 10/12/2020 Leave a Comment

Comcast Spinoff Quil Unveils Home-Based Sensor Network for Seniors

What You Should Know: - Comcast spinoff Quil announces its entry into the senior market -- via integrated sensor-based home monitoring. - Quil plans to launch Quil Assure to consumers by the third quarter of 2021 following a series of pilots beginning this December. Today, Quil Engage is available to consumers via partnering providers and health plans. Quil—the healthcare joint venture of Comcast NBCUniversal and Independence Health Group—announced plans to
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Lyft Integrates with Epic EHR to Enable Hospitals to Schedule Rides for Patients

by Fred Pennic 10/08/2020 Leave a Comment

Lyft Integrates with Epic EHR to Enable Hospitals to Schedule Rides for Patients

What You Should Know: - Lyft is continuing to expand rideshare for non-emergency medical transportation (NEMT) through a first of market direct integration with Epic, the largest electronic health record (EHR) in the U.S. - This will have an immediate impact on hospital operations and patients, with currently committed customers including Tampa General and Ochsner Health. Today, ridesharing leader Lyft announced an integration with EHR provider Epic to enable health system staff to
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Apple Rolls Out Health Records on iPhone to the UK, Canada

by Fred Pennic 10/07/2020 Leave a Comment

Apple Rolls Out Health Records on iPhone to the UK, Canada:

Today, Apple announced the Health Records feature within the Health app is now available for users in the UK and Canada to securely view and store their medical records right on their iPhone, with their privacy protected at all times. Oxford University Hospitals and Women’s College Hospital has been selected the first healthcare institutions in the UK and Canada to make this feature available to their patients. How Health Records Works Health Records creates a direct connection between
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Butterfly Network Launches Mobile, Whole-Body Ultrasound with Integrated Telehealth Platform

by Fred Pennic 10/07/2020 Leave a Comment

Butterfly Network Launches Mobile, Whole-Body Ultrasound with Integrated Telehealth Platform

What You Should Know: -  Butterfly Network launched its next-gen ultrasound product, the new Butterfly iQ+ featuring the world’s only Ultrasound-on Chip™ technology and announced a landmark collaboration with the American College of Cardiology (ACC). Butterfly Network, Inc., today announced the launch of its next-gen ultrasound product, the new Butterfly iQ+, the world’s only single-probe, whole-body ultrasound system that connects to a mobile device and features
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Cigna’s Evernorth Expands Digital Health Formulary with Addition of Omada MSK by Physera

by Fred Pennic 10/07/2020 Leave a Comment

Cigna’s Evernorth Expands Digital Health Formulary with Addition of Omada MSK by Physera

What You Should Know: - Cigna Corporation’s health services segment, Evernorth expands its digital health formulary with the addition of Omada MSK by Physera. - Omada MSK by Physera joins Omada’s existing formulary programs for diabetes prevention, type 2 diabetes, and hypertension. Cigna Corporation’s health services segment Evernorth today announced the expansion of its industry-first Digital Health Formulary, adding Omada Health’s program for at-home physical therapy and
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AMA Adds New CPT Codes Multi-Virus Tests to Detect COVID-19 and Flu

by Fred Pennic 10/07/2020 Leave a Comment

AMA Approves 2 New CPT Codes to Support Response to COVID-19

What You Should Know: - AMA announces new CPT codes for multi-virus tests to detect COVID-19 and flu for immediate use.  The American Medical Association (AMA) today published an update to the Current Procedural Terminology (CPT®) code set that includes new code additions and editorial revisions for reporting medical services sparked by the public health response to the COVID-19 pandemic. The update to the CPT code set was approved by the CPT Editorial Panel, the
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Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding

by Fred Pennic 10/06/2020 Leave a Comment

Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding

What You Should Know: - Augmedix closes $25 million in private placement funding and completion of a reverse merger transaction with Malo Holdings Corp. - Following the transaction, the merged entity will be named "Augmedix, Inc.", and will continue the historic and innovative business of Augmedix.  Augmedix, a company specializing in providing remote medical documentation and live clinical support services, today announced the closing of a $25 million private placement
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