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Fred Pennic, Editor-in Chief | HIT Consultant

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

Growth in the Adoption of 3D Printing Technology After COVID-19 Isn’t A Coincidence

by Fred Pennic 09/18/2020 Leave a Comment

3D Printing in Healthcare

The concerning additive manufacturing media keeps on getting notifications about how the 3D printing technology keeps on growing. Both, through news stories, as well as through blogs from the 3D printing community. However, only after the coronavirus pandemic spread enough, people realized how other manufacturing options are not as effective as 3D printing is. More and more news stories about how 3D printers can work as a solution to supply chain challenges came to the notice of people. And, all
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Olive Raises Another $106M for AI-Powered Digital Employee Platform

by Fred Pennic 09/17/2020 Leave a Comment

Olive Raises Another $106MM for AI-Powered Digital Employee Platform

What You Should Know: - The company that built healthcare’s first digital employee, Olive, today announced an additional $106M in financing in a round led by General Catalyst and Drive Capital. - Hospitals were implementing an AI workforce to manage administrative tasks before the pandemic started, and recent events have kicked adoption into overdrive. - Olive’s quick growth is a testament to hospitals’ urgent need for administrative efficiency as they navigate the public
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Amazon Alexa, Sharecare Integrate to Answer More than 80k Health & Wellness Questions

by Fred Pennic 09/17/2020 Leave a Comment

Amazon Alexa Devices Can Now Answer Medication-Related Questions

What You Should Know: - Sharecare integrates with Amazon Alexa’s voice service to answer more than 80,000 health and wellness questions. - And now, when Alexa responds to customers’ questions about health topics, Sharecare is among the roster of trusted health information sources to which the voice service attributes answers.  Sharecare, the digital health company that helps people manage all their health in one place through its comprehensive and data-driven virtual heath
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Nuance Integrates with Microsoft Teams for Virtual Telehealth Consults

by Fred Pennic 09/17/2020 Leave a Comment

Nuance Integrates with Microsoft Teams for Virtual Telehealth Consults

What You Should Know: - Nuance Communications Inc. and Microsoft Corp. announced that Nuance Dragon Ambient eXperience (DAX), an ambient clinical intelligence (ACI) solution, is now integrated into Microsoft Teams for virtual health consults. - The ongoing strategic partnership between Microsoft and Nuance aims to combat burnout while supporting the telehealth movement by improving healthcare experiences—for patients and physicians—with seamlessly integrated
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M&A: Provation Acquires Perioperative Care Coordination Platform ePreop

by Fred Pennic 09/16/2020 Leave a Comment

Provation Acquires Perioperative Care Coordination Platform ePreop

What You Should Know: - Provation announces the acquisition of ePreop, a comprehensive perioperative care coordination, and quality reporting solutions for an undisclosed sum. - Acquisition creates a comprehensive clinical productivity SaaS platform, streamlining workflows, and documentation from patient intake and pre-op through recovery and follow-up. Provation, a software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital
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Redox Interoperability Platform Now Available in AWS Marketplace

by Fred Pennic 09/16/2020 Leave a Comment

Redox Interoperability Platform Now Available in AWS Marketplace

What You Should Know: - Today, Redox announced the availability of the Redox EHR Integration in AWS Marketplace. Now, healthcare providers and vendors can access the largest package of pre-built EHR integrations and achieve value from applications more quickly and easily. - The digital transformation of healthcare has gained momentum this year, and AWS is one of many tech giants working to spur innovation in healthcare. AWS Marketplace is a platform that helps healthcare organizations
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Medigate Raises $30M for Medical & IoT Device Security Solution

by Fred Pennic 09/16/2020 Leave a Comment

Medigate Raises $30M for Medical & IoT Device Security Solution

What You Should Know: - Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety. - Medigate fuses the knowledge and understanding of medical workflow and device identity and protocols with the reality of today’s cybersecurity threats. With Medigate, hospital networks can safely operate all medical devices on their network, enabling deployment of existing and new devices to patients while ensuring privacy and
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CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M

by Fred Pennic 09/16/2020 Leave a Comment

CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M

What You Should Know: - CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M - The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions. CloudMD Software & Services Inc., a Vancouver,
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XRHealth Secures Patent to Incorporate Apple Watch into VR/AR Therapy

by Fred Pennic 09/15/2020 Leave a Comment

XRHealth Secures Patent to Incorporate Apple Watch into VR/AR Therapy

What You Should Know: - XRHealth has just received a patent for its approach to incorporate biofeedback from devices such as an Apple watch into its remote healthcare therapy platform that utilizes virtual/artificial reality (VR/AR). - XRHealth plans to incorporate their VR/AR therapy with the Apple Watch, specifically since the watch has advanced features including a medical-grade, FDA-cleared electrocardiogram (EKG) that measures heartbeat. XRHealth, the leader in extended
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LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

by Fred Pennic 09/15/2020 Leave a Comment

LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

What You Should Know: - LexaGene's closes CAD$13 million funding round as it prepares to launch its gold standard diagnostic device called MiQLab that applies a proprietary RT-qPCR-based method to analyze each sample's contents for up to 27 different pathogens in approximately one hour. - MiQLab is uniquely open-access, which allows users to customize their tests and create new tests easily. In the case where a new test was needed because of a mutation, the open-access feature allows new
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