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Fred Pennic, Editor-in Chief | HIT Consultant

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

Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement

by Fred Pennic 07/15/2020 Leave a Comment

Cleveland Clinic, GYANT Partner to Drive Post-Discharge Engagement

What You Should Know: - GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. - The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth. - Current customers include Intermountain Healthcare, OSF Healthcare, Adventist Health, Health First, Integris, etc. GYANT, a San Francisco, CA-based care navigation
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7 Day Moving Average for COVID-19 Cases Is Up 148% Nationwide

by Fred Pennic 07/14/2020 Leave a Comment

7 Day Moving Average for COVID-19 Cases Is Up 148% Nationwide

What You Should Know: - Nationwide, the seven-day moving average for COVID-19 cases is up 148% from June 7th to July 7th. In many states across the country, the “curve” never flattened. Since June there hasn’t been a flattening effect, but rather a significant spike in the number of COVID-19 cases. - States hit hardest with new waves of COVID-19 cases like Arizona, California, Texas and Florida have the highest percentage of hospital beds occupied by patients with COVID-19. If there are
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eConsult Platform AristaMD Raises Additional $6M to Close $24M Series B Round

by Fred Pennic 07/14/2020 Leave a Comment

AristaMD Joins Epic App Orchard Marketplace to Streamline eConsult Process

What You Should Know: - AristaMD, a digital health company that provides a platform to connect primary care providers with timely and documented specialist insights through eConsults, has secured an additional $6M in investments to top off the company’s Series B funding round at $24 million. - With non-emergency, proactive care and elective procedures being canceled during the COVID-19 pandemic, there is a backlog of appointments. eConsults will continue to be an effective triage tool now
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Change Healthcare Offers Providers Free Access to Lab Orders/Results for COVID-19 Tests

by Fred Pennic 07/14/2020 Leave a Comment

Change Healthcare Offers Providers Free Access to Lab Orders/Results for COVID-19 Tests

What You Should Know: - Change Healthcare offers healthcare providers free access to lab orders and results for COVID-19 tests through one of the nation’s largest lab networks and adds in-home testing. - The Change Healthcare Clinical Network expands test ordering through one of the nation’s largest lab networks and adds in-home testing. - Providers can choose labs from one of the nation’s largest lab networks, with over 1,400 lab testing sites, of which over more than 100 are
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UnitedHealth Group Launches New Digital Health Therapy for Type 2 Diabetes

by Fred Pennic 07/13/2020 Leave a Comment

UnitedHealth Group Launches New Digital Health Therapy for Type 2 Diabetes

What You Should Know: - UnitedHealth Group launches a new pilot for digital health therapy for Type 2 Diabetes to nearly a quarter-million members at no additional cost to more than 230,000 employer-sponsored, fully insured UnitedHealthcare members in 27 states and Washington, D.C. - The therapy, known as Level2, helps participants gain real-time insights about their condition and, for some, successfully reduces spikes in blood sugar levels or achieves Type 2 Diabetes remission. - The
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Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem

by Fred Pennic 07/13/2020 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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Allscripts, Microsoft Ink 5-Year Partnership to Support Cloud-based Sunrise EHR, Drive Co-Innovation

by Fred Pennic 07/13/2020 Leave a Comment

Allscripts, Microsoft Ink 5-Year Partnership to Support Sunrise EHR, Drive Co-Innovation

What You Should Know: - Allscripts and Microsoft sign a five-year partnership extension to support Allscripts’ cloud-based Sunrise electronic health record and drive co-innovation. - The alliance will enable Allscripts to harness the power of Microsoft’s platform and tools, including Microsoft Azure, Microsoft Teams, and Power BI, creating a more seamless and highly productive user experience. Today Allscripts and Microsoft Corp. announced the extension of their long-standing
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Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

by Fred Pennic 07/10/2020 Leave a Comment

Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

What You Should Know: - Repurpose.AI, has partnered with Scripps Research to discover drug candidates that may be repurposed to treat COVID-19.  - The partnership will leverage Repurpose.AI's ActivPred AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic digital chemistry engine, to discover drug candidates to treat COVID-19.  Scripps Research is teaming up with Repurpose.AI, an AI drug discovery company to develop COVID-19 therapeutics. The
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Cleveland Clinic Florida Opens Florida Research and Innovation Center

by Fred Pennic 07/10/2020 Leave a Comment

Cleveland Clinic Florida Opens Florida Research and Innovation Center

What You Should Know: - Cleveland Clinic Florida opens Florida Research and Innovation Center that will advance innovative translational research, focused on immuno-oncology and infectious diseases, including COVID-19. - The 107,000-square-foot, state-of-the-art research facility features modern laboratory space, biosafety level 3 facilities for work with infectious agents, and office space for support services on eight acres of land.   Cleveland Clinic Florida announced
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