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Fred Pennic, Editor-in Chief | HIT Consultant

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

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

by Fred Pennic 05/28/2020 Leave a Comment

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

What You Should Know: - Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine. - Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine. Syapse, a San Francisco, CA-based provider of precision oncology solutions announced $30
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Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

by Fred Pennic 05/28/2020 Leave a Comment

Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

What You Should Know: - Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners. - Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

by Fred Pennic 05/27/2020 Leave a Comment

Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

What You Should Know: Innovaccer has launched the Care As One campaign to raise funds to donate to Feeding America, the nation’s largest domestic hunger-relief organization, working to connect people with food and end hunger.  The campaign features a collection of stories from all over the world that people have shared as examples of heroism and acts of kindness they have witnessed during the pandemic. The COVID-19 pandemic has shown the human race some of its worst days
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Premier & 15 Health Systems Acquires Minority Stake in PPE Company to Address Shortage from COVID-19

by Fred Pennic 05/27/2020 Leave a Comment

Premier & 15 Health Systems Acquire Minority Stake in PPE Company to Address Shortage from COVID-19

What You Should Know: - Premier and 15 of its members acquired a minority stake in Prestige Ameritech, the nation’s largest domestic producer of face masks, as well as other personal protective equipment (PPE) to address shortage due to COVID-19 pandemic. - The minority stake represents a long-term strategy to invest in or partner with PPE suppliers that source from multiple regions as well as domestic markets to help ensure that a greater proportion of healthcare products are
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Philips Awarded FDA Clearance for Wearable Biosensor to Monitor COVID-19 Patients

by Fred Pennic 05/26/2020 Leave a Comment

Philips Awarded FDA Clearance for Wearable Biosensor to Monitor COVID-19 Patients

What You Should Know: Wireless wearable biosensor (Philips Biosensor BX100) receives 510(k) clearance from the FDA and CE mark to help monitor COVID-19 patients in the hospital, with the first install at OLVG Hospital in the Netherlands Philips Biosensor BX100 enhances Philips portfolio of devices, software, and services for identifying patients at risk for deterioration while limiting exposure to help improve staff and patient safety and preserve valuable personal protective equipment.
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Oncology Analytics Lands $28M to Expand Oncology Capabilities

by Fred Pennic 05/26/2020 Leave a Comment

Oncology Analytics Lands $28M to Expand Oncology Capabilities

What You Should Know: - Oncology Analytics raises $28M in Series C funding led by Baird Capital to expand its oncology-focused capabilities, accelerate real-world data and analytics solutions for health plans, and increase the market share of its technology-enabled utilization management solution.  - Oncology Analytics' prior authorization platform is used by physicians to support 5 million health plan members in the US and Puerto Rico and covers the full spectrum of therapeutics, across
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Intelligent Care Robot Could Detect COVID-19 Symptoms in Under 10 Seconds

by Fred Pennic 05/22/2020 Leave a Comment

Intelligent Care Robot Could Detect COVID-19 Symptoms in Under 10 Seconds

What You Should Know: - Vayyar and Meditemi partner to create a more intelligent care robot that could detect early-stage COVID-19 symptoms in under 10 seconds.   - The solution will be used to soften social distancing, restore public confidence in the workplace, and care for people in homes. Vayyar Imaging an Israeli-based provider of 4D imaging sensor technology and Berlin-based Meditemi (JV of Ogawa and Medisana) a pioneer in robotic healthcare
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BHE Partners with Premier for Access to All-Payer Database Including COVID-19 Data

by Fred Pennic 05/22/2020 Leave a Comment

BHE Partners with Premier for Access to All-Payer Database Including COVID-19 Data

What You Should Know: Boston Health Economics (BHE) inks partnership Premier Inc. to streamline data analytics and more quickly uncover strategies to improve patient care. Researchers and data scientists will have on-demand access to the all-payer database, including recent COVID-19 data, and the capability to complete analyses 85% faster and at higher quality than traditional custom programming. Boston Health Economics (BHE), a healthcare
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2020 H1 Deep Dive on the Global Digital Health Sector Landscape Report

by Fred Pennic 05/21/2020 Leave a Comment

2020 H1 Deep Dive on the Global Digital Health Sector Landscape Report

What You Should Know: Global venture capital firm White Capital publishes its first series of sector reports diving into the global digital health sector focusing on virtual care, mobile health, software, and communication, while also exploring the outlook of the sector from North America, Europe, and Asia. In Q1 of 2020, $9.8bn of new VC capital was invested in digital health globally, which is 12% more than what was invested in Q1 2019. The COVID-19 pandemic has provided an accelerated
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2020 MedTech Breakthrough Award Winners Announced

by Fred Pennic 05/21/2020 Leave a Comment

2020 MedTech Breakthrough Award Winners Announced

What You Should Know: - MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today. - The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services.  MedTech Breakthrough, a market intelligence organization that recognizes
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