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Fred Pennic, Editor-in Chief | HIT Consultant

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

Transcarent Inks Partnership with RUSH, Will Support 9,000 Employees

by Fred Pennic 02/18/2022 Leave a Comment

Transcarent Inks Partnership with RUSH, Will Support 9,000 Employees

What You Should Know: - Rush University System for Health (RUSH) announced a partnership with Transcarent, a new and different health and care experience company for employees of self-insured employers and their families led by Glen Tullman, to provide 9,000 RUSH employees with a new way to access high-quality medical care. - With Transcarent, RUSH employees can use Transcarent’s digital health care app, 24/7 personalized Health Guides, and other tools and resources to enhance their
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Teladoc Health Launches Chronic Condition Management Solution

by Fred Pennic 02/17/2022 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know: - Teladoc Health, today announced the launch of Chronic Care Complete, a first-of-its-kind chronic condition management solution to help individuals improve their health outcomes while living with multiple chronic conditions.  - The solution provides members with a unified, comprehensive experience that leverages connected health monitoring devices, access to health coaches and support from physicians and mental health specialists. Unified Chronic
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H1 Acquires London-Based Faculty Opinions to Broaden Global Doctor Network

by Fred Pennic 02/16/2022 Leave a Comment

H1 Acquires London-Based Faculty Opinions to Broaden Global Doctor Network

What You Should Know: H1, a global healthcare professional data ecosystem to enable life sciences, academic medical institutions, health systems, and payors acquires London-based Faculty Opinions Ltd, formerly known as Faculty of 1000 and F1000 Prime.  Financial details of the acquisition were not disclosed. - A close partner of H1, Faculty Opinions fuses the comments and opinions of thousands of top researchers in the Life and Medical Sciences to highlight and validate the most
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

by Fred Pennic 02/16/2022 Leave a Comment

Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

What You Should Know: Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M. The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

by Fred Pennic 02/15/2022 Leave a Comment

Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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FitOn Acquires Peerfit, Raises $40M to Expand Reach

by Fred Pennic 02/15/2022 Leave a Comment

FitOn Acquires Peerfit, Raises $40M to Expand Reach

What You Should Know: - FitOn, the No. 1 fitness app and digital fitness platform, announced today it has raised $40M in new funding and is expanding its reach in healthcare and wellness through the acquisition of Peerfit, a corporate wellness leader. - Peerfit’s founder, Ed Buckley, will stay on in his current role as CEO to continue leading the tremendous growth of the Peerfit business. Redefine wellness at work Peerfit is a longtime leader in the corporate wellness space,
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Ro Raises $150M, Launches New Digital Clinic for Skincare

by Fred Pennic 02/15/2022 Leave a Comment

Ro Raises $150M, Launches New Digital Clinic for Skincare

What You Should Know: - Ro raises $150M in new funding led by ShawSpring Partners, with participation from General Catalyst, FirstMark Capital, TQ Ventures, SignalFire, BoxGroup, The Chernin Group, Initialized Capital, Altimeter Capital, Baupost Group, and Seven Seven Six. - Ro also announced today the launch of Ro Derm -- a digital clinic for skincare and the latest Ro-branded offering following the launch of Ro Mind, a digital clinic for mental health, and Ro Pharmacy, a cash-pay online
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TytoCare Receives CE Mark Approval for its Lung Sounds Analyzer

by Fred Pennic 02/15/2022 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - TytoCare has received CE Mark approval for its AI-backed Tyto Lung Sounds Analyzer, a web-based software system designed to aid in the clinical assessment of lung auscultation sound data by analyzing recorded lung sounds to determine whether wheezing is detected within the recording. - The Lung Sounds Analyzer will further enable physicians to better diagnose respiratory conditions remotely. The CE Mark paves the way for the immediate European
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Season Health, Geisinger, CommonSpirit Health, Cricket Health Launches Anchor Partnerships to Scale Food as Medicine Initiatives

by Fred Pennic 02/15/2022 Leave a Comment

Season Health, Geisinger, CommonSpirit Health, Cricket Health Launches Anchor Partnerships to Scale Food as Medicine Initiatives

What You Should Know: - Season Health announces anchor partnerships with Geisinger, CommonSpirit Health, and Cricket Health to scale Food as Medicine initiatives. Season is funded by LRV Health, 8VC, Bain Capital, Healthy.VC and Company Ventures, Toyin Ajayi (Co-founder and CMO of Cityblock Health), and Max Mullen (Co-founder of Instacart). - These partnerships will combine Season’s industry-leading digital food pharmacy and medically tailored meal program with Geisinger, CommonSpirit and
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LifeSpeak To Acquire Wellbeats for up to $92.5M

by Fred Pennic 02/14/2022 Leave a Comment

LifeSpeak To Acquire Wellbeats for up to $92.5M

What You Should Know: - LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs. - Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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