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Fred Pennic, Editor-in Chief | HIT Consultant

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

CVS Health Launches COVID-19 Testing Solution for Companies Returning to Worksites

by Fred Pennic 06/24/2020 Leave a Comment

CVS Health Launches COVID-19 Program for Companies Returning to Worksites

What You Should Know: CVS Health today announced Return Ready™, a COVID-19 testing solution, to help return and maintain healthy populations at work. Return Ready offers organizations clinical consultation, end-to-end testing execution, integrated reporting, and additional health and safety solutions to help reduce COVID-19 transmission. The testing technology options include point-of-care testing with results in a few minutes or third-party lab-processed testing with results in a
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56% of Health Leaders State Their Current PHM Solution Falls Short, Fails to Address Current Needs

by Fred Pennic 06/24/2020 Leave a Comment

56% of Health Leaders State Their Current PHM Solution Falls Short, Fails to Address Current Needs

What You Should Know: - More than half (56%) healthcare leaders say their current population health management (PHM) solution doesn’t meet their needs, according to a new survey from Persivia. - Almost two-thirds (62%) say a lack of clinician engagement is the top reason they’re looking to replace their PHM solution. This was followed by the inability to convert data to action (48%), and inability to engage patients (43%) or perform sufficient analytics (43%) tied for third. - The
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HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities

by Fred Pennic 06/24/2020 Leave a Comment

HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities

What You Should Know: - Morehouse School of Medicine (MSM) partners with the U.S. Department of Health and Human Services on a three-year project to combat COVID-19 and advance health equity in minority communities. - The initiative – the National Infrastructure for Mitigating the Impact of COVID-19 within Racial and Ethnic Minority Communities – is a three-year project designed to work with community-based organizations across the nation to deliver education and information on resources
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

by Fred Pennic 06/23/2020 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know - Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors. - The additional funding enables DispatchHealth to continue to provide in-home medical care to even more vulnerable, high-needs patients by growing its existing 19 markets, expanding to new markets, and launching additional services.  - Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model

by Fred Pennic 06/23/2020 Leave a Comment

Somatus Lands $64M to Expand Value-Based Kidney Care Model

What You Should Know: - Somatus raises $64M in Series C funding led by Longitudinal Capital to fuel the expansion of its value-based kidney care model. - Somatus will use the funding to continue to scale its model nationally and invest in technology and product development to better support patients and health plan partners. Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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Verily, Cognizant Collaborate on Baseline COVID-19 Testing Program

by Fred Pennic 06/23/2020 Leave a Comment

Verily, Cognizant Collaborate on Baseline COVID-19 Testing Program

What You Should Know: - Cognizant has announced its collaboration with Verily Life Sciences to facilitate and help increase easy and efficient COVID-19 testing across the U.S – which will be critical to ensuring the safety of individuals going out and back to work as states reopen. - Through this collaboration, Cognizant is providing a team of its life sciences experts to support Verily’s Baseline COVID-19 Testing Program to increase access to individuals needing to schedule COVID-19
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BrightInsight Raises $40M for Regulated Digital Health Platform for Biopharma & Medtech

by Fred Pennic 06/23/2020 Leave a Comment

BrightInsight Raises $40M Regulated Digital Health Platform for Biopharma & Medtech

What You Should Know: - BrightInsight, provider of the leading global regulated digital health platform for biopharma and medtech, today announced a Series B funding round of $40 million, led by global venture capital and private equity firm, Insight Partners. - Already the partner of choice to four global pharmaceutical leaders—AstraZeneca, Roche, CSL Behring, and Novo Nordisk—the Series B financing will enable BrightInsight to speed up hiring, expand its global footprint and add
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Cedar Nabs $102M to Modernize Patient Financial Experience

by Fred Pennic 06/22/2020 Leave a Comment

Cedar Nabs $102M to Modernize Patient Financial Experience

What You Should Know: - Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform. - Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease. - The company also announced it has partnered with
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SynsorMed, Charles Barkley Foundation Partner to Combat Health Disparities for Black Americans Impacted by COVID-19

by Fred Pennic 06/22/2020 Leave a Comment

SynsorMed, Charles Barkley Foundation Partner to Combat Health Disparities for Black Americans Impacted by COVID-19

What You Should Know: - Charles Barkley Foundation forms a partnership with health IT company SynsoMed to combat health disparities for Black Americans impacted by the COVID-19 pandemic. - Launches Save Our Selves (S.O.S) Council, comprised of Black influencers, technologists, healthcare professionals, and policymakers concerned about the health of Black Americans. SynsorMed, a Birmingham, AL-based provider of remote patient monitoring (RPM) and chronic care management (CCM)
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Epic MyChart Helps Deliver COVID-19 Drive-Thru Tests at 1,000+ CVS Pharmacies

by Fred Pennic 06/19/2020 Leave a Comment

Epic MyChart Helps Power 1,000+ COVID-19 Drive-Thru Tests for CVS Health

As states cautiously re-open, convenient access to COVID-19 testing is critical so that those who are infected can self-isolate quickly to minimize its spread. EHR leader Epic is helping deliver COVID-19 test results via MyChart as part of an effort to increase nationwide testing capacity being led by CVS Health. Epic's software allows patients to access test results online in a timely and efficient manner. Patients registering for an appointment at the 1,000+ COVID-19 drive-thru test sites
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