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Fred Pennic, Editor-in Chief | HIT Consultant

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

Gates Foundation Awards Caption Health $4.95M Grant to Develop AI-Guided Lung Ultrasound System

by Fred Pennic 11/12/2020 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Bill & Melinda Gates Foundation awards Caption Health a $4.5M grant to support the development of an AI-guided lung ultrasound system. - The grant from the Bill & Melinda Gates Foundation will be leveraged to create new AI technology that allows medical professionals without prior ultrasound experience to perform lung ultrasounds, expanding access to quality medical care. Caption Health, a leading medical artificial intelligence (AI) company, today
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Amwell Launches New Offerings to Increase Doctor-to-Patient Virtual Connectivity

by Fred Pennic 11/12/2020 Leave a Comment

Amwell Launches New Offerings to Increase Doctor-to-Patient Virtual Connectivity

What You Should Know: - Amwell just announced some new offerings Amwell Now, Touchpoint Tablet software, and C500 to help increase doctor-to-patient virtual connections as patient and doctor preferences change in light of the pandemic. - The new solutions (a quick-to-deploy video visit offering, new tablet software, and a telemedicine cart) are designed to be easy-to-use but fully integrated in the provider’s systems and secure. Amwell, a national telehealth leader, today announced
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AMA Unveils 2 Vaccine-Specific CPT Codes for Coronavirus Immunizations

by Fred Pennic 11/11/2020 Leave a Comment

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

What You Should Know: - The American Medical Association (AMA) published an update to the Current Procedural Terminology (CPT®) code set that includes new vaccine-specific codes to report immunizations for the novel coronavirus (SARS-CoV-2). - The new Category I CPT codes and long descriptors for the vaccine products 91300 and 91301 for better tracking, reporting, and analysis that supports data-driven planning and allocation. The American Medical Association (AMA) today published an
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Addressing Social Determinants of Health: IT Solutions to Engage Community Resources

by Fred Pennic 11/11/2020 Leave a Comment

Addressing Social Determinants of Health: IT Solutions to Engage Community Resources

What You Should Know: - The latest report from Chilmark Research examines the new approaches and tools for utilizing community resources that can address social determinants of health, giving providers the ability to extend care beyond the confines of the clinic. - This research indicates that the next two years will largely bring an expansion of product capabilities with slow and steady growth in implementation as the market better defines key variables and sets standards for
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Mount Sinai Develop Machine Learning Models to Predict Critical Illness and Mortality in COVID-19 Patients

by Fred Pennic 11/11/2020 Leave a Comment

What You Should Know: - Mount Sinai researchers have developed machine learning models that predict the likelihood of critical events and mortality in COVID-19 patients within clinically relevant time windows. - The new machine learning models were outlined in a recent study published in the Journal of Medical Internet Research—could aid clinical practitioners at Mount Sinai and across the world in the care and
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

by Fred Pennic 11/10/2020 Leave a Comment

Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

What You Should Know: - Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. - Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team. Buoy Health, a Boston, MA-based AI-powered healthcare navigation platform, today announced the completion of a $37.5 million Series C funding round. Cigna
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Cleveland Clinic Develop COVID-19 Risk Prediction Model through Epic MyChart

by Fred Pennic 11/10/2020 Leave a Comment

Cleveland Clinic Develop COVID-19 Risk Prediction Model through Epic MyChart

What You Should Know: - Cleveland Clinic develops the COVID-19 risk prediction model through Epic MyChart that is now available to health systems around the world. - Healthcare organizations can present the clinically validated model to patients in MyChart to assess their risk of having COVID-19. Cleveland Clinic researchers have developed a COVID-19 risk prediction model that uses information from the patient’s comprehensive health records combined with patient-centered information
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Peregrine Ventures Launches $300M VC Fund for Late-Stage Life Science Companies

by Fred Pennic 11/10/2020 Leave a Comment

Peregrine Ventures Launches $300M VC Fund for Late Stage Life Science Companies

What You Should Know: - Israeli-based Peregrine Ventures launches a new $300 million venture capital fund named Peregrine Growth to focus on late-stage life science companies. - Peregrine Growth will invest $20 to $30 million per funding round, with a strong emphasis on companies that are on the verge of an IPO or M&A.  Peregrine Ventures, one of Israel’s premier venture capital firms focused on the life sciences, today announced the launch of a new growth fund, Peregrine
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Innovaccer, Surescripts Integrate to Leverage Medication Data for Patients

by Fred Pennic 11/10/2020 Leave a Comment

Innovaccer, Surescripts Integrate to Leverage Medication Data for Patients

What You Should Know: - Innovaccer partners with Surescripts to power its data activation platform with the most comprehensive medication data. - The partnership will enable the company to conduct smart medication reconciliation and ensure that patients are complying with their care protocols. Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, announced its partnership with Surescripts, the nation’s leading health information network, to leverage the
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M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio

by Fred Pennic 11/09/2020 Leave a Comment

M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio

What You Should Know: - Centene Corporation acquires AI healthcare analytics platform Apixio to additional data and AI capability to technology portfolio. - Apixio will remain an operationally independent entity as part of Centene's Health Care Enterprises group to continue bringing value to its clients and the industry. Centene Corporation, today announced it has signed a definitive agreement to acquire Apixio Inc., an AI healthcare analytics company offering Artificial
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