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Fred Pennic, Editor-in Chief | HIT Consultant

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

Lifespeak Lands $42M for Digital Mental Health and Wellness Platform

by Fred Pennic 09/15/2020 Leave a Comment

Lifespeak Lands $42M for Digital Mental Health and Wellness Platform

What You Should Know: - Toronto-based digital mental health and wellness platform, LifeSpeak raises $42M CAD in minority equity investment to accelerate its global growth trajectory. - The platform, offered remotely to employees and health plan members, covers topics such as preventative health, mental health (including depression, anxiety, addiction, isolation, suicide, etc.), marital and relationship advice, parenting, and eldercare. LifeSpeak Inc., a Toronto, ON-based
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Fitbit Awarded Regulatory Clearance in U.S. and Europe for ECG App to Identify AFib

by Fred Pennic 09/14/2020 Leave a Comment

Fitbit Awarded Regulatory Clearance in U.S. and Europe for ECG App to Identify AFib

What You Should Know: - Fitbit has received 510(k) clearance from the FDA, as well as CE marking in the European Union, for its ECG app to assess heart rhythm for atrial fibrillation. The Fitbit ECG App is a simple way people can take an on-the-spot reading of their heart rhythm at any time, including whenever they notice any unusual cardiac symptoms.  - Fitbit Sense is the company’s first device compatible with an ECG app that enables users to take a spot
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Revint Merges with Triage to Deliver Comprehensive Revenue Integrity

by Fred Pennic 09/14/2020 Leave a Comment

Revint Merges with Triage to Deliver Comprehensive Revenue Integrity

What You Should Know: - Revint, a leader in technology-enabled revenue integrity solutions for healthcare providers, announced they will be merging with Triage Consulting Group, one of the nation’s premier healthcare revenue integrity companies. - With this merger, Revint continues to invest in its technology and product solutions that recover revenue through a guaranteed ROI model that hospital systems can depend on. Revint Solutions, a leader in technology-enabled revenue integrity
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Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

by Fred Pennic 09/14/2020 Leave a Comment

Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

What You Should Know: - Radiology Partners acquires MEDNAX Radiology Solutions, a division of MEDNAX, Inc. for $885M in cash. - The acquisition accelerates Radiology Partners’ mission to transform radiology, offer unparalleled clinical value and service at scale, and further elevate the role of radiologists within the healthcare field. Radiology Partners (RP),a radiology practice in the U.S., announced a definitive agreement to acquire MEDNAX Radiology Solutions, a division
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Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

by Fred Pennic 09/11/2020 Leave a Comment

Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

Evidation’s Board of Directors has appointed Christine Lemke as Co-CEO alongside Executive Chair Deborah Kilpatrick. Greenway Health appoints Pratap Sarker as President to oversee all commercial and customer-focused functions including sales, marketing, and customer success. He will also work closely with Greenway’s clearinghouse, revenue cycle and IT teams to ensure the delivery of quality solutions that are critically needed to support practices’ business continuity, as well as their
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Change Healthcare Launches New AI Model to Extract Diagnostic Data from EHRs for Case Management

by Fred Pennic 09/11/2020 Leave a Comment

Change Healthcare Launches New AI Model to Extract Diagnostic Data from EHRs for Case Management

What You Should Know: - Change Healthcare launches a new artificial intelligence model that automatically extracts diagnostic data from clinical notes to increase the efficiency of automated medical necessity reviews by over 20%. - The new Change Healthcare AI models are trained using clinical data and are honed by expert physicians. Change Healthcare unveils new innovative new Artificial Intelligence models, trained by expert physicians, which extract meaningful diagnostic
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Verisk Acquires MSP Compliance Provider Franco Signor for $160M

by Fred Pennic 09/11/2020 Leave a Comment

Verisk Acquires MSP Compliance Provider Franco Signor for $160M

What You Should Know: - Verisk acquires Franco Signor, a Bradenton, FL-based full-service provider of MSP compliance software and services for $160M. - Property/casualty insurers, self-insureds, and TPAs will benefit from the most comprehensive suite of fully integrated Medicare compliance solutions and greater access to the nation’s top Medicare experts. Verisk, a data analytics provider, announced today that it has acquired Franco Signor, a Medicare Secondary Payer (MSP) service
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Intel, Samsung Collaborate on AI-Powered Fetal Ultrasound Smart Workflow

by Fred Pennic 09/10/2020 Leave a Comment

Intel, Samsung Collaborate on AI-Powered Fetal Ultrasound Smart Workflow

What You Should Know: - Samsung Medison and Intel collaborate on AI-powered new smart workflow solutions to improve obstetric measurements that contribute to maternal and fetal safety. - BiometryAssist automates and standardizes fetal measurements in approximately 85 milliseconds with a single click, providing over 97% accuracy. - BiometryAssist and LaborAssist are already in use in 80 countries, including the United States, Korea, Italy, France, Brazil and Russia. The solutions
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Finland, Cerner to Co-Develop Health and Social Services Digital Platform

by Fred Pennic 09/10/2020 Leave a Comment

Cerner Launches AI-Powered Chart Assist to Combat Physician Burnout

What You Should Know: - Finland regional leadership has selected Cerner to establish a new healthcare and social services digital platform to support four regions in Central Finland. -  The co-design digital platform will support Aster, a co-operational organization across four of Finland’s nineteen regions; including Central Finland, Ostrobothnia, South Savo, and North Karelia. Today, Cerner announced it has been selected by Finland regional leadership to deliver more coordinated
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Grand Rounds Nabs $175M to Expand Clinical Navigation Platform

by Fred Pennic 09/09/2020 Leave a Comment

Grand Rounds Launches Population Health Solution to Address SDoH

What You Should Know: - Grand Rounds raises $175 million in funding, led by The Carlyle Group, to accelerate clinical navigation and virtual primary care. - Grand Rounds has raised over $270 million to date, allowing the business to continue scaling its operations across the country. Grand Rounds, a San Francisco, CA-based healthcare company that matches employers and employees to high-quality healthcare, announced today it raised $175M in funding led by The Carlyle Group. The
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