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Fred Pennic, Editor-in Chief | HIT Consultant

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

Teladoc Health Acquires Virtual Care Platform InTouch Health for $600M

by Fred Pennic 01/12/2020 Leave a Comment

Teladoc Health Acquires Virtual Care Platform InTouch Health for $600M

- Teladoc Health announced this morning it will acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems for $600M. - The acquisition establishes Teladoc Health as the only virtual care provider covering the full range of acuity – from critical to chronic to everyday care – through a single solution across all sites of care including home, pharmacy, retail, the physician office, ambulance, and more. Teladoc Health, Inc., a global
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SCI Solutions Acquires Mobile Patient Data Collection & Payments Platform Tonic Health

by Fred Pennic 01/10/2020 Leave a Comment

SCI Solutions Acquires Mobile Patient Data Collection & Payments Platform Tonic Health

- SCI Solutions (SCI) acquires patient data collection and payments platform Tonic Health to meaningfully engage consumers at every step in their digital healthcare journey. - The acquisition will allow SCI to offer a comprehensive suite of patient self-service technologies to deliver maximum value to their combined client base. SCI Solutions (SCI), a Seattle, WA-based EHR-agnostic online care coordination marketplace, today announced it has acquired Tonic Health, a leading SaaS-based digital
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RUSH Taps R1 for End-to-End Revenue Cycle Management, Value-Based Care Innovation Lab

by Fred Pennic 01/10/2020 Leave a Comment

Rush University Medical Center Taps R1 for End-to-End Revenue Cycle Management, Innovation Lab

- R1 RCM and Rush University Medical Center (RUSH) announce a new end-to-end revenue cycle management partnership to achieve revenue cycle performance excellence and accelerate innovation in healthcare. - The two will also collaborate to launch an innovation lab that will focus on delivering value-based care, incorporating advanced analytics to help to educate other healthcare institutions and preparing the healthcare workforce of the future.   Rush University System for Health (RUSH) has
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Grand Rapids Launches Initiative to End Homelessness by Addressing Social Determinants of Health

by Fred Pennic 01/09/2020 Leave a Comment

New Initiative to Address the Social Determinants of Health Impacting Family Homelessness in Grand Rapids

- A new community-wide initiative focused on ending homelessness by addressing social determinants of health has launched in Grand Rapids, Michigan.- For the first time in the state, healthcare and social service providers will collaborate on Signify Health’s outcomes-proven social determinants of health platform, Signify Community, to address the social needs of at-risk individuals, connecting them to community programs that contribute to homelessness, such as employment, financial stability,
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MTBC Acquires Cloud-based EHR Platform CareCloud

by Fred Pennic 01/08/2020 Leave a Comment

MTBC Acquires Cloud-based EHR Platform CareCloud

- MTBC acquires cloud-based, practice management EHR platform CareCloud on a cash-free, debt-free basis. - Founded in 2009, CareCloud’s integrated clinical and financial platform technology and its suite of solutions enables clients to increase profitability, streamline workflow and improve patient care outcomes nationwide.MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced the closing of its acquisition of CareCloud which provides
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Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

by Fred Pennic 01/08/2020 Leave a Comment

Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

- Together, PGDx and Mayo Clinic will focus on technology optimization and clinical utility studies for liquid biopsy and tissue-based genomic applications.- The shared vision and overall goal for PGDx and Mayo Clinic is to improve patient care by advancing the capabilities of oncology diagnostics testing. Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics, today announced a strategic collaboration with Mayo Clinic to enhance the development of clinical diagnostic solutions for
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Kyruus Lands $42M to Expand Patient-Providing Matching Solutions for Health Systems

by Fred Pennic 01/08/2020 Leave a Comment

Kyruus

- Kyruus, a provider search and scheduling solutions company raises $42 million in a Series D round led by Venrock and Highland Capital Partners, with financing from other VCs such as Providence Ventures and Salesforce Ventures. - Kyruus will tap into the new funds to enhance its product suite for health systems and forge partnerships with payers and large employers, as consumers also seek providers via those entities.Kyruus, a Boston, MA-based suite of patient-provider matching solutions for
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Cleveland Clinic Appoints Inaugural Chief Research Information Officer

by Fred Pennic 01/07/2020 Leave a Comment

- Lara Jehi, M.D., has been appointed the inaugural Chief Research Information Officer at Cleveland Clinic. - As part of her role as Chief Research Information Officer at Cleveland, Dr. Jehi will work closely with information technology, research, finance, and other key departments to optimize the enterprise’s digital infrastructure to support research activities and accelerate new treatments for patients. Lara Jehi, M.D., has been appointed the inaugural Chief Research Information
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Healthgrades Acquires Consumer & Physician Engagement Company Evariant

by Fred Pennic 01/07/2020 Leave a Comment

Healthgrades Acquires Consumer & Physician Engagement Company Evariant

- Healthgrades acquires Evariant, a leading healthcare consumer and physician engagement company to create the most comprehensive consumer website to help educate consumers and connect them with a physician.- The acquisition signals a major shift in our industry, where health systems are moving towards a more consumer-centric system of care. Healthgrades, a Denver, CO-based resource that connects consumers, physicians and health systems, today announced it has acquired Evariant, a Farmington,
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Anika Therapeutics to Acquire Parcus Medical and Arthrosurface

by Fred Pennic 01/06/2020 Leave a Comment

Anika Therapeutics to Acquire Parcus Medical and Arthrosurface

- Anika Therapeutics announced plans to acquire Parcus Medical, a privately-held sports medicine company, and Arthrosurface, a privately-held provider of joint surface and preservation solutions for active patients. - These acquisitions will significantly enhance Anika’s commercial capabilities and infrastructure, diversify its revenue mix and expand its product portfolio and pipeline. - Additionally, it will solidify Anika’s position in the $7 billion sports and regenerative medicine
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