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Fred Pennic, Editor-in Chief | HIT Consultant

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

DispatchHealth Launches New Clinic Without Walls for Enhanced Virtual Visits to MultiCare Patients

by Fred Pennic 12/11/2020 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - DispatchHealth launches Clinic Without Walls, a new service line offering patients a telemedicine visit with in-person assistance for more complex medical visits. - The initial service line will be available in a pilot to MultiCare patients in the Tacoma and Spokane areas in an effort to its senior patients' alternative visits during the pandemic. DispatchHealth, a provider of in-home high-acuity medical care, today announced the launch of Clinic Without
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M&A: HealthStream Acquires myClinicalExchange for $4.5M in Cash

by Fred Pennic 12/10/2020 Leave a Comment

HealthStream Acquires myClinicalExchange for $4.5M in Cash

What You Should Know: - HealthStream acquires substantially all of the assets of myClinicalExchange LLC,  for approximately $4.5 million in cash. - For the first time, HealthStream’s footprint expands to include the healthcare workforce before graduation, providing new opportunities to make the transition-to-practice by medical, nursing, and allied healthcare students more seamless. HealthStream, a Nashville, TN-based provider of workforce and provider solutions for the
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Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care

by Fred Pennic 12/10/2020 Leave a Comment

Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care

What You Should Know: - Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 14,000 independent primary care clinicians serving 7 million patients - including an EHR raises $40M in Series C funding from Al Gore's sustainable investment firm, Generation Investment Management. - Elation’s API-enabled platform also allows organizations to transform the patient and provider experience and implement their own models of data-driven,
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LeanTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

by Fred Pennic 12/10/2020 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19.  - LeanTaaS provides software solutions that combine lean principles, predictive analytics, and machine learning to transform hospital and infusion center operations to improve operational efficiencies, increase access, and
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Powered by Doctor on Demand, ArcBest Rolls Out Virtual Primary Care Health Plan to its 13k Employees

by Fred Pennic 12/10/2020 Leave a Comment

Powered-by-Doctor-on-Demand-ArcBest-Rolls-Out-Virtual-First-Health-Plan-to-its-13k-Employees

What You Should Know: - Publicly traded logistics company ArcBest announced its deal with Doctor On Demand to introduce its virtual-first health plan to its 13,000 employees, who are largely "essential workers" as long-haul truckers. - Employees appreciated the convenience and safety of 24/7 virtual care – from their homes, from the road – and ArcBest is now doubling down on virtual care for 2021 – and offering a holistic, virtual-first primary care health plan – one where patients see
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Google Health Studies App Launches in Partnership with Harvard Medical School & Boston Children’s Hospital

by Fred Pennic 12/09/2020 Leave a Comment

Google Health Studies App Launches in Partnership with Harvard Medical School & Boston Children’s Hospital

What You Should Know: - Google announces the launch of its Google Health Studies App with the first study focused on respiratory illness in partnership with Harvard Medical School & Boston Children’s Hospital. - Google Health Studies aims to create opportunities for more people to participate in health research. By contributing, you’ll represent your community and start improving the future of health for everyone. To make it easier for leading research institutions to connect
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Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations

by Fred Pennic 12/09/2020 Leave a Comment

Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations

What You Should Know: - San Francisco-based digital health startup Pair Team emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins, Craft Ventures, & YC. - Pair Team provides both a remote team and AI that automates workflows, provides infrastructure & improves medical practices — efficiencies and billing as you’d expect, but all driving toward value-based, quality patient care. - Pair’s wrap-around technology tripled the rate of annual wellness visits
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Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

by Don Godbee, Mobile Solutions Architect at Stratix 12/09/2020 Leave a Comment

Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

Telehealth and virtual care are not brand-new phenomena suddenly cobbled together as a rapid response to the onset of the COVID-19 pandemic, but the average US patient could be forgiven for thinking that it is. Indeed, virtual visits to care providers and remote patient monitoring have been available for quite some time, delivering two key benefits:  - Providing a platform to address cost-efficiencies and accessibility to quality healthcare for the populace at large  - Playing a
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath

by Fred Pennic 12/08/2020 Leave a Comment

M&A: Ro Acquires On-Demand, In-Home Platform Workpath

What You Should Know: - Ro announced it has acquired Workpath, a technology platform that powers on-demand, in-home healthcare and diagnostics services nationwide. - Through this acquisition, Ro’s platform will now uniquely bring together a patient's doctor, pharmacy, and diagnostics/lab--offering a personalized, end-to-end experience with no insurance required. - Ro is also announcing a partnership with Quest Diagnostics, which operates more than 2,200 locations nationwide, to
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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