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Fred Pennic, Editor-in Chief | HIT Consultant

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

Report: Digital Health Tools Fail to Keep Up with Patients’ Expectations

by Fred Pennic 02/18/2020 Leave a Comment

Report: The future of the Digital Patient Experience

- New research report from the Center for Connected Medicine (CCM) finds that health system apps and other digital health tools for patients are not providing the best consumer patient experience. - CCM partnered with HIMSS Media to conduct a survey of 136 qualified professionals at U.S. hospitals and health systems in September 2019. - The report reveals that fewer than 1 in 3 respondents believe their organization is providing a best-in-class digital experience for patients. The result
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IBM Watson Health Launches Data-Driven Tool to Optimize Clinical Trials

by Fred Pennic 02/18/2020 Leave a Comment

IBM Watson Health Launches Data-Driven Tool to Optimize Clinical Trials

- Today, IBM announced its data-driven tool, IBM Study Advance that optimizes clinical trial protocol design by providing access to real-world patient population data, a collaborative workplace and standardizing protocol template guidance. - IBM Study Advance’s collaborative workspace is designed to allow near real-time collaboration with study design team members who can manage and assign the team to specific sections of the protocol.  IBM Watson Health today unveiled its newest
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Sharecare Integrates App-Based Tobacco Cessation Program into Digital Health Platform

by Fred Pennic 02/17/2020 Leave a Comment

Sharecare Adds App-Based Mindfulness Program for Tobacco Cessation

- Sharecare integrates MindSciences’ mindfulness-based smoking cessation program called Craving to Quit into their digital health platform. - The Craving to Quit program targets the neurological function that enables habit formation to instead lead the user to curb tobacco use.  Sharecare, the digital health company that helps people manage all their health in one place, and MindSciences, the leader in evidence-based behavior change apps, today announced a partnership to
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Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

by Fred Pennic 02/17/2020 Leave a Comment

Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

- Medtronic acquires Digital Surgery, a London-based provider of artificial intelligence (AI) driven surgical data and analytics company Digital Surgery for an undisclosed sum. - The acquisition will accelerate Medtronic’s strategy to provide AI and data within laparoscopic and robotic-assisted surgery. Medtronic, a global provider of medical technology solutions and services, announced the acquisition of Digital Surgery, a London-based privately-held pioneer in surgical artificial
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Innovaccer Raises $70M to Expand Healthcare Data Activation Platform

by Fred Pennic 02/14/2020 Leave a Comment

Innovaccer Unveils InData

- Innovaccer has recently raised $70 million in Series C funding from Tiger Global, Steadview Capital, Dragoneer, Westbridge, Mubadala and M12 (Microsoft’s Venture Fund) bringing their total capital raised to $120 million. - With the latest round of funding, Innovaccer will focus on its vision to help healthcare organizations care as one and scale the unified patient record. Innovaccer Inc., a Silicon Valley-based healthcare data platform company, announced today it has raised a total of
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UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform

by Fred Pennic 02/13/2020 Leave a Comment

UK-Based Startup Oxford VR Nabs $12.5M to Expand Augmented VR Therapy Platform into U.S.

- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S. - The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions. VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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HealthLynked Acquires Cura Health & ACO Health Partners

by Fred Pennic 02/13/2020 Leave a Comment

Roche Acquires Rest of Foundational Medicine for $2.4B to Enhance Precision Medicine

- HealthLynked acquires Cura Health Management and its wholly-owned subsidiary ACO Health Partners LLC for $1.75M. - The acquisition is expected to contribute approximately $2.25M of revenue and $500k in EBITDA in year one, increasing HealthLynked's consolidated revenues by 47% and reducing the company's current annual cash burn by over 50%.HealthLynked Corp, a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors,
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XRHealth Launches First Virtual Reality TeleHealth Clinic

by Fred Pennic 02/12/2020 Leave a Comment

XRHealth Launches First Virtual Reality TeleHealth Clinic

- XRHealth launches first virtual reality telehealth clinic that will provide VR therapy to patients. - New VR Telehealth Clinic Certified in Massachusetts, Connecticut, Florida, Michigan, Delaware, California, New York, Washington D.C., and North Carolina and is Covered by Medicare and Most Major Insurance Providers. XRHealth, formerly known as VRHealth, the leader in extended reality and therapeutic applications, today announced the first virtual reality telehealth clinics that will
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CarePort’s Epic-Built Referral Platform Launches in Epic App Orchard

by Fred Pennic 02/12/2020 Leave a Comment

CarePort’s Epic-Built Referral Platform Launches in Epic App Orchard Marketplace

- CarePort Health, a provider of care coordination and post-acute outcomes management, announces that CarePort Transition Extender is now available in the Epic App Orchard marketplace. - With the Transition Extender, Epic EHR users can embed CarePort Transition, a post-acute referral management application, within their discharge planning workflow to streamline the creation, sending and management of post-acute referrals from directly within the EHR. CarePort Health, a pioneer in
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Wellin5 Acquires Mental Health Journaling and Tracking App Therachat

by Fred Pennic 02/11/2020 Leave a Comment

Wellin5 Acquires Mental Health Journaling and Tracking App Therachat

- Wellin5 acquires Therachat, a HIPAA-compliant smart journaling tool that keeps clients engaged in-between therapy sessions for an undisclosed term. - The acquisition supports Wellin5’s long-term strategy of expansion into the United States telehatlh market.  Wellin5, an innovative online telehealth counseling platform, today announced its acquisition of Therachat, a San Francisco, CA-based mental health platform designed to help therapists, psychologists, and mental health
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