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Fred Pennic, Editor-in Chief | HIT Consultant

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

R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

by Fred Pennic 06/03/2020 Leave a Comment

R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

R1 RCM Inc., a provider of technology-enabled revenue cycle management services to healthcare providers, today announced that it will acquire Cerner RevWorks services business and commercial, non-federal client relationships. R1’s electronic health record-agnostic revenue cycle platform seamlessly complements a healthcare organization’s infrastructure, quickly driving transformative improvements to net patient revenue and cash flows while reducing operating costs. Integration
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OurCrowd Launches $100M Pandemic Innovation Fund to Invest in Companies on Front Lines of COVID-19

by Fred Pennic 06/02/2020 Leave a Comment

OurCrowd Launches $100M Pandemic Fund to Target Solutions for COVID-19

What You Should Know: - Israeli venture capital platform OurCrowd launches $100M Pandemic Fund to invest in companies on the front lines of COVID-19. - The fund plans to raise $100M to invest in 15-20 companies focused on prevention & containment, treatment & healing, and community & disruption mitigation technology solutions to combat current and future pandemic. OurCrowd, a Jerusalem, Israel-based crowdfunded-venture investment platform, today announced the launch of
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PE Firm Rubicon Technology Partners Acquires Central Logic – M&A

by Fred Pennic 06/02/2020 Leave a Comment

PE Firm Rubicon Technology Partners Acquires Central Logic to Accelerate Growth

What You Should Know: - Private equity firm Rubicon Technology Partners acquires Central Logic, a provider of patient orchestration and tools to accelerate access to care for healthcare organizations. - Rubicon will be aggressively driving Central Logic’s growth with additional cash investments into the business, with a focus on product innovation, sales expansion, delivery and customer support, and the pursuit of acquisition opportunities. Rubicon Technology Partners, a Boulder,
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Same-Day Pharmacy Delivery NowRx Nabs $3M to Expand COVID-19 Pharmacy Delivery

by Fred Pennic 06/01/2020 Leave a Comment

Same-Day Pharmacy Delivery NowRx Nabs $3M to Expand COVID-19 Pharmacy Delivery

What You Should Know: Same-day pharmacy delivery startup NowRx raises $3M in funding from Decathlon Capital to expand COVID-19 related pharmacy deliveries. The coronavirus pandemic has caused demand for pharmacy delivery to jump as pharmacy customers skip the pharmacy lines in favor of quick, convenient, and safe doorstep delivery. NowRx, a Mountain View, CA-based same-day pharmacy delivery company experiencing rapid growth during the coronavirus pandemic, has raised $3M in funding
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Cerner Appoints Jerome Labat New Chief Technology Officer

by Fred Pennic 06/01/2020 Leave a Comment

Cerner Appoints Jerome Labat New Chief Technology Officer

What You Should Know: Cerner appoints former HPE Software executive Jerome Labat Chief Technology Officer to strengthen Cerner’s technology focus and accelerate cloud-enabled SaaS platforms and solutions. Cerner Corporation announced today that Jerome Labat has joined the company as Chief Technology Officer (CTO). As CTO, Labat will lead efforts to strengthen Cerner’s technology focus and accelerate cloud-enabled SaaS platforms and solutions. Labat has extensive experience in
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Built on Google Cloud Platform, The National Response Portal Launches for COVID-19 Insights

by Fred Pennic 05/29/2020 Leave a Comment

Built on Google Cloud Platform, The National Response Portal Launches for COVID-19 Insights

What You Should Know: National Response Portal launches to ensure healthcare providers and policymakers have access to the most up-to-date COVID-19 analytics. The open data platform built on Google Cloud enables decision-makers in healthcare and the government to make data-driven decisions toward ending the COVID-19 crisis and restarting the economy. SADA, a leading global business and technology consultancy, announces the official launch of the National Response Portal
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Google Awards Morehouse School of Medicine $1M to Study Racial Impact of COVID-19

by Fred Pennic 05/28/2020 Leave a Comment

Google Awards Morehouse School of Medicine $1M to Study Racial Impact of COVID-19

What You Should Know: - Google awards a $1M grant to Satcher Health Leadership Institute at Morehouse School of Medicine to study the racial impact of COVID-19 and address racial disparities. - The partnership will enable the real-time COVID-19 collection and study of detailed demographic data about the communities of color that are being hit hardest by the pandemic. The research project will help policymakers better understand how to ensure those communities receive the targeted help
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Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

by Fred Pennic 05/28/2020 Leave a Comment

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

What You Should Know: - Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine. - Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine. Syapse, a San Francisco, CA-based provider of precision oncology solutions announced $30
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Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

by Fred Pennic 05/28/2020 Leave a Comment

Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

What You Should Know: - Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners. - Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

by Fred Pennic 05/27/2020 Leave a Comment

Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

What You Should Know: Innovaccer has launched the Care As One campaign to raise funds to donate to Feeding America, the nation’s largest domestic hunger-relief organization, working to connect people with food and end hunger.  The campaign features a collection of stories from all over the world that people have shared as examples of heroism and acts of kindness they have witnessed during the pandemic. The COVID-19 pandemic has shown the human race some of its worst days
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