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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer

by Fred Pennic 08/05/2020 Leave a Comment

Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer

What You Should Know: - Sight Diagnostics, the company behind the first FDA-approved fingerstick Complete Blood Count analyzer, announced it has raised $71 million in Series D funding from leading strategic investors including Koch Industries, OurCrowd, and others. - The Series D round – which more than doubles the company’s total funding to date – will support the expansion of Sight’s commercial operations globally, with a specific focus on the US and UK, and advance its R&D into the
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Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

by Fred Pennic 08/05/2020 Leave a Comment

Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

What You Should Know: - Centauri Health Solutions acquires Applied Revenue Analytics (AppRev) for undisclosed terms to enhance Centauri’s market leadership in hospital revenue cycle optimization. - AppRev delivers technology-enabled revenue cycle optimization services in a Software-as-a-Service (SaaS) model. Centauri Health Solutions (“Centauri” or the “Company”), an innovative healthcare technology and services company, announced today that it has acquired Applied Revenue Analytics
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Innovaccer, CareSignal Partner to Enable Deviceless Remote Patient Monitoring

by Fred Pennic 08/04/2020 Leave a Comment

Innovaccer, CareSignal Partner to Enable Deviceless Remote Patient Monitoring

What You Should Know: - Innovaccer has recently partnered with CareSignal to address healthcare’s urgent need amidst the COVID-19 pandemic: to create and maintain solid, clinically actionable relationships with patients in a new set of predominantly virtual care. - CareSignal offers evidence-based end-to-end support services for chronic medical conditions such as asthma, CHF, COPD, diabetes, depression, hypertension, and hospital discharge support, and maternal health monitoring.
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DAS Health Acquires Managed IT Services and CyberSecurity Company Technology Seed

by Fred Pennic 08/03/2020 Leave a Comment

DAS Health Lands $6M to Accelerate Company Acquisition Strategy

- Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to
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Hinge Health Expands Capabilities to Launch First Digital Musculoskeletal Clinic

by Fred Pennic 08/03/2020 Leave a Comment

Hinge Health Raises $90M to Expand Digital Musculoskeletal Care Solution

What You Should Know: - Hinge Health announces the expansion of its digital MSK clinical capabilities to be the first Digital Musculoskeletal Clinic from prevention to post-surgery care. - Nearly 200 employers expand healthcare access with digital clinic covering the full MSK care continuum; Hinge to add 100+ physical therapists and doctors. Hinge Health, the top-selling musculoskeletal (MSK) solution for employers and health plans, is announcing an expansion of clinical
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Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform

by Fred Pennic 07/31/2020 Leave a Comment

Lemonaid Health Closes oversubscribed $33M Series B to expand telehealth services

What You Should Know: - Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients. - To date, the company has treated more than a million patients online for a variety of medical conditions ranging from erectile dysfunction to sinus infections to depression and anxiety for roughly $25/visit (less than a typical co-pay). Lemonaid Health, a convenient, affordable,
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Cerner Integrates Nuance’s Virtual Assistant Platform with Millennium EHR to Reduce Physician Burnout

by Fred Pennic 07/30/2020 Leave a Comment

Cerner Integrates Nuances Virtual Assistant Platform with Millennium EHR to Reduce Physician Burnout

What You Should Know: - Cerner expands its AI collaboration with Nuance to provide joint customers with more advanced natural language virtual assistant technology to navigate electronic health records (EHRs) using just their voice, giving clinicians more time to spend with patients and less time with a computer. - As part of the expanded collaboration, Nuance will offer Cerner deeply embedded virtual assistant technology that delivers sophisticated conversational
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Philips Launches Pre-Hospital Wireless Monitoring Solution for Emergency Medical Response

by Fred Pennic 07/29/2020 Leave a Comment

Philips Launches Pre-Hospital Wireless Monitoring Solution for Emergency Medical Response

What You Should Know: - Philips receives 510(k) clearance from the FDA for its pre-hospital wireless monitoring solution (Tempus LS- Manual), now offering its remote monitor and defibrillator solution (Tempus ALS) to EMS customers in the U.S. - Solution delivers real-time bidirectional data transfer for remote patient monitoring, giving EMS responders a new approach to pre-hospital care. Philips, today announced the launch of its remote monitoring and defibrillator solution
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Open APIs in Healthcare: The Future of Data Integration Report

by Fred Pennic 07/28/2020 Leave a Comment

Open APIs in Healthcare: The Future of Data Integration Report

What You Should Know: - The latest Chilmark Research report examines how data-oriented APIs are contributing to development and integration efforts across healthcare from the perspective of the developer. - Reeling from the impact of the COVID-19 pandemic and seeking more effective ways to implement new functionality, healthcare enterprises of all kinds are looking to alternatives for prevailing development and integration practices. Unlocking value from the data scattered across
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W2O Acquires Discern Health to Strengthen Value-Based Care Capabilities

by Fred Pennic 07/28/2020 Leave a Comment

W2O Acquires Discern Health to Strengthen Value-Based Care Capabilities

What You Should Know: - W2O announced today the acquisition of Discern Health, a leading healthcare consultancy based in Washington, DC, and Baltimore, to strengthen its strategic capabilities in assisting clients with critical healthcare policy trends and value-based reimbursement models. - Discern Health brings experts with decades of experience in quality, health care measurement, and payment models to W2O’s analytics-driven, technology-enabled marketing and communications solutions.
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