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Fred Pennic, Editor-in Chief | HIT Consultant

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

Itamar Medical Acquires Technology and Assets of Spry Health

by Fred Pennic 01/12/2021 Leave a Comment

Spry Health Clinical-Grade Wearable

What You Should Know: - Itamar Medical Ltd. acquired the technology and assets of Spry Health in a move to expand its product offering beyond Sleep Apnea identification. - Itamar Medical’s acquisition of Spry Health will enable the company to develop a wearable watch-like remote patient monitoring solution. Itamar Medical Ltd., a medical device and digital health company focused on the integration of sleep apnea management into the cardiac patient care
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Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

What You Should Know: - Central Logic acquires Acuity Link to power the company’s Intelligent Transport capabilities, speeding time to care in the best setting. - In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available beds across the enterprise for improved access and enhanced revenue capture. Central Logic, a St. Paul, MN-based healthcare access and orchestration company, has acquired Acuity Link, a
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Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

What You Should Know: -  Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks. Net Health, a provider of cloud-based software for specialty medical providers across the continuum of care, today announced that it has acquired PointRight Inc., a leading provider of analytics and data-driven tools for the post-acute market. The acquisition adds to Net Health’s expanding
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VBC Expert Talks Best Practices to Optimize Value-Based Contracts for Providers

by Fred Pennic 01/11/2021 Leave a Comment

VBC Expert Shares Best Practices to Optimize Value-Based Contracts for Providers

In a bid to shift the foundation of healthcare reimbursement, CMS is pushing for significantly more reimbursements for Medicare and Medicaid services to be tied to value-based care (VBC) contracts. To accomplish this, tackling the biggest healthcare cost line items, such as anesthesia, will be at the top of the list. Additionally, anesthesiology, with its convoluted hospital/practice ties and complex reimbursement process, represents a prime example of the challenges and exponential potential
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Komodo Health Acquires Cloud-Based Life Sciences Platform Mavens- M&A

by Fred Pennic 01/11/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Mavens- M&A

What You Should Know: - Komodo Health announces the acquisition of Mavens, a cloud-based platform for life sciences to expand its software capabilities. - The acquisition of Mavens offers customers a cloud-based platform with a suite of software that ends reliance on fragmented data and expensive single-point solutions. Komodo Health today announced its acquisition of Mavens, a leader in cloud-based technology solutions for the life sciences. The acquisition will enable Komodo
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Teladoc Health, Dexcom Offers CGM-Powered Insights to People with Type 2 Diabetes

by Fred Pennic 01/11/2021 Leave a Comment

Teladoc Health, Dexcom Offers CGM-Powered insights to People with Type 2 Diabetes

What You Should Know: - Teladoc Health and Dexcom announced an expanded partnership on a new offering measures the impact of continuous glucose monitoring and real-time health recommendations for people with Type 2 diabetes at no cost. Teladoc Health, Inc., the first and only comprehensive virtual care system, and DexCom, Inc., the leader in real-time continuous glucose monitoring (CGM), today announced that joint Livongo for Diabetes and Dexcom members will now
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Verily, Broad, Microsoft Partner to Expand Life Sciences Research with Azure Cloud

by Fred Pennic 01/11/2021 Leave a Comment

Verily, Broad, Microsoft Partner to Expand Life Sciences Research with Azure Cloud

What You Should Know: - Verily and The Broad Institute have partnered with Microsoft to expand health and life sciences research utilizing the Microsoft Azure cloud. - The new partnership brings together Microsoft’s cloud, data, and AI technologies, and a global network of more than 168,000 health and life sciences partners to accelerate the development of global biomedical research through the Terra platform, provide greater access and empower the open-source community. Broad
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COVID-19 Deferrals Lead to 3 Major Conditions Payers/Providers Must Address in 2021

by Fred Pennic 01/08/2021 Leave a Comment

COVID-19 Deferrals Lead to 3 Major Conditions Payers/Providers Must Address in 2021

What You Should Know: - COVID-19 care deferrals lead to three major boomerang conditions that payers and providers must proactively address in 2021, according to a newly released report by Prealize. - COVID-19’s hidden victims—those who avoided or deferred care during the pandemic—will increasingly return to the healthcare system, and many will be diagnosed with new conditions at more advanced stages. Healthcare leaders must act now to keep this boomerang from driving worse outcomes
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Transformation Capital Launches $500M Digital Health Fund

by Fred Pennic 01/08/2021 Leave a Comment

Transformation Capital Launches $500M Digital Health Fund

What You Should Know: - Transformation Capital Partners, L.P. (“Transformation Capital”) announced the launches of it’s $500M growth equity fund, Transformation Capital Fund II, L.P. - The new fund will focus on investing between $10 to $30M in commercial-stage digital health companies and technology-enabled service businesses that are improving the healthcare system. - Led by Todd Cozzens, Dr. Jared Kesselheim and Mike Dixon, Transformation Capital manages over $800 million across the
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Xealth’s CEO Shares Impact of Digital Health in 2020 and What’s Ahead in 2021

by Fred Pennic 01/07/2021 Leave a Comment

Xealth’s CEO Shares Impact of Digital Health in 2020 and What’s Ahead in 2021

HIT Consultant sat down with Mike McSherry, CEO, and co-founder of Seattle-based digital prescription platform Xealth to discuss digital health lessons learned in 2020 and what we can expect in 2021. As Xealth’s CEO, Mike also works with Duke Health, UPMC, Atrium Health, and The Froedtert & the Medical College of Wisconsin health network where he uses his background in digital health to connect patients and care teams outside of traditional care settings.  HITC: In 2021, How can digital
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