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Fred Pennic, Editor-in Chief | HIT Consultant

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

Nomi Health Acquires Benefits Analytics Platform Artemis Health for $200M

by Fred Pennic 01/07/2022 Leave a Comment

Nomi Health Acquires Benefits Analytics Platform Artemis Health for $200M

What You Should Know: Nomi Health, a direct healthcare provider, announced its acquisition of healthcare analytics provider Artemis Health -- the partner of choice for more than 500 U.S. employers and benefits advisors to make health benefits higher quality and more affordable using data. - The acquisition gives Nomi Health customers actionable, data-driven insights to materially lower costs and improve the quality of care they deliver to their communities. The acquisition will also
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Little Otter Raises $22M to Expand Pediatric Mental Health Platform

by Fred Pennic 01/06/2022 Leave a Comment

Little Otter Raises $22M to Expand Pediatric Mental Health Platform

What You Should Know: - Little Otter today announced a $22 million Series A raise - one of the largest rounds for a children’s mental health company at this stage - led by CRV. - The mental health startup provides a full umbrella of services to children and their families in a number of states and will use the investment to scale nationally by 2023. Little Otter, a San Francisco, CA-based digital mental health company to provide tools and treatment for both children and their
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PointClickCare & Sound Physicians Partner to Drive Fully Integrated Virtual Health

by Fred Pennic 01/06/2022 Leave a Comment

PointClickCare & Sound Physicians Partner to Drive Fully Integrated Virtual Health

What You Should Know: - PointClickCare, a cloud-based healthcare software for the long-term and post-acute care (LTPAC) market) announced a new partnership with Sound Physicians, a national physician partner to hospitals, post-acute providers, physicians' groups and payers to offer a fully integrated virtual health solution to U.S. LTPAC providers.   - The partnership between PointClickCare and Sound Physicians will deliver
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Protai Nabs $8M for AI-Powered Drug Discovery Platform

by Fred Pennic 01/05/2022 Leave a Comment

Protai Nabs $8M for AI-Powered Drug Discovery Platform

What You Should Know: - Protai, a Tel Aviv, Israel-based AI-powered drug discovery startup, today announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech. - Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat complex diseases. Proteomics-based Platform for Faster and More Accurate Drug Discovery Despite the significant
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Carenet Health Acquires Provider Scheduling Platform OpenMed

by Fred Pennic 01/04/2022 Leave a Comment

Carenet Health Acquires Provider Scheduling Platform OpenMed

What You Should Know: - Carenet Health – a provider of 24/7 healthcare engagement and on-demand telehealth solutions—announced today that they have acquired OpenMed, a digital innovator in closing care gaps, enabling access to care and supporting real-time collaboration between healthcare payers/risk-bearing entities (RBOs) and providers. - The acquisition will add a state-of-the-art communications and scheduling
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symplr Acquires Midas Health Analytics Solutions for $340M

by Fred Pennic 01/04/2022 Leave a Comment

symplr Acquires Conduent’s Midas Health Analytics Solutions Division for $340M

What You Should Know: - symplr, a global leader in enterprise healthcare operations including governance, risk management, and compliance (“GRC”) SaaS solutions announced it has agreed to acquire Midas Health Analytics Solutions (“Midas”) from Conduent Incorporated for $340M. The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals.   - The acquisition
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Aetion Acquires Synthetic Data Platform Replica Analytics

by Fred Pennic 01/04/2022 Leave a Comment

Aetion Acquires Synthetic Data Platform Replica Analytics

What You Should Know: - Aetion, a real-world evidence (RWE) tech platform, has just announced its acquisition of Replica Analytics, a pioneer in using ML to generate synthetic data. Financial details of the acquisition were not disclosed. - This acquisition allows Aetion to solve for one of the toughest problems in RWE: access to fit-for-purpose data. Synthetic data acts as a “digital clone” of real-world data by maintaining the source data’s statistical properties, while also protecting
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CareMetx Acquires Patient Adherence Platform Human Care Systems

by Fred Pennic 01/03/2022 Leave a Comment

CareMetx Acquires Patient Adherence Platform Human Care Systems

What You Should Know: - Strategic acquisition of leading patient adherence technology and services provider to complement CareMetx current suite of patient access products. CareMetx, LLC, a leading technology-enabled hub services company focused on improving patient access to specialty medications, announced today the acquisition of Human Care Systems, Inc. (HCS), a company focused on helping patients adhere to and benefit from pharmaceutical and biotechnology products. Details of the
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4 Rural Healthcare IT Predictions to Watch in 2022

by Fred Pennic 12/31/2021 Leave a Comment

rural healthcare broadband access

What You Should Know: - Azalea Health Innovations Inc. (Azalea Health or Azalea), a leading provider of cloud-based patient management and health IT solutions shares 4 predictions for the new realities of rural healthcare in 2022 and how IT solutions can help them rise to the challenges. - Two years into the COVID-19 pandemic, the healthcare system is in a precarious position as labor shortages and ever-increasing cyberattacks threaten hospitals’ recovery from COVID-19. However, there are
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Quidel Corporation Acquires Ortho Clinical Diagnostics for $6B

by Fred Pennic 12/28/2021 Leave a Comment

Quidel Corporation Acquires Ortho Clinical Diagnostics for $6B

What You Should Know: - Quidel Corporation (NASDAQ: QDEL) (“Quidel”) and Ortho Clinical Diagnostics Holdings plc (NASDAQ: OCDX) (“Ortho”) jointly announced that they have entered into a definitive agreement in which Quidel will acquire Ortho. - The acquisition will create a global leader in diagnostics, bringing together two highly complementary portfolios with world-class technologies and platforms spanning high-throughput systems to near-patient and at-home testing. Financial Terms of
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