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Fred Pennic, Editor-in Chief | HIT Consultant

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

ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

by Fred Pennic 07/19/2019 Leave a Comment

ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

ELLKAY, LLC, a provider of healthcare connectivity and interoperability solutions has acquired the assets of Tampa-based Legal Easy, Inc., including the industry-leading X-Link medical software interfacing solution. With the strategic acquisition, ELLKAY expands its healthcare footprint and empowers providers with an easier, more cost-effective way to achieve Promoting Interoperability (PI) objectives and quality measures. In addition, the acquisition strengthens ELLKAY’s core mission of
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Stanford, Sutter Health to Explore Joint Cancer Care Services in East Bay

by Fred Pennic 07/19/2019 Leave a Comment

Stanford Health Care and Sutter Health have signed a letter of intent to explore opportunities to jointly provide cancer care for patients and their families in the East Bay region of the San Francisco/Oakland metropolitan area. The intent of the collaboration is to increase access to high-quality cancer care for patients as close to home as possible by building on the strength of Stanford’s leadership in cancer care and clinical research, the Stanford Medicine network and Sutter’s integrated
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John Muir Health to Outsource All Non-Clinical Operations to Optum

by Fred Pennic 07/18/2019 Leave a Comment

John Muir Health to Outsource All Non-Clinical Operations to Optum

John Muir Health has announced a strategic partnership with UnitedHealth Group’s (UHG) division, Optum to outsource their key non-clinical functions, including information technology, revenue cycle management, analytics, purchasing and claims processing. Through Optum’s operational technologies, analytic solutions and tools, and administrative services expertise, the partnership will ensure John Muir Health further advance its clinical and operational performance. The outsourcing agreement will
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Philips Acquires Patient Navigation Platform Medumo

by Fred Pennic 07/17/2019 Leave a Comment

Philips Acquires Patient Navigation Platform Medumo

Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
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UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care

by Fred Pennic 07/17/2019 Leave a Comment

UCLA Spin Out Dear Health Lands $6M for AI-Powered Pathways for Chronic Care

DEARhealth, a health IT spin-out from the University of California, Los Angeles (UCLA) has raised $6.8 million in Series A funding to expand its AI-powered pathway platform for chronic care. Participants in the Series A funding round include Philips Health Technology Ventures, Vesalius Biocapital III and Health Innovations. DEARhealth was founded in 2011 by Daniel Hommes as a research project when a team of UCLA specialists designed a value-based care program for the management of chronic
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Did EHRs Light the Physician Burnout Fuse?

by Christopher Maiona, M.D., SFHM, Chief Medical Officer of PatientKeeper 07/17/2019 Leave a Comment

When Will Health IT Become Part of the Solution (Rather than the Problem) for Physicians?

According to the American Medical Association, about 50 percent of practicing doctors are experiencing burnout and EHRs are a significant driver of this problem. For every hour physicians spend on direct patient care, the report indicates that they spend two hours on EHR data entry and other administrative tasks. All of this adds up to more time spent with computers than with patients. Organizational, regulatory, and technological factors are eroding many physicians’ passion for the profession,
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Notable Nabs $40M to Expand Drug Discovery Platform for Personalized Oncology

by Fred Pennic 07/17/2019 Leave a Comment

Notable Nabs $40M to Expand Drug Discovery Platform for Personalized Oncology

Notable, a San Francisco, CA-based company redefining cancer treatment with a clinically validated platform that rapidly advances cancer drug development has raised $40M in Series B funding. The Series B round is co-led by B Capital Group and LifeForce Capital. LifeForce is a returning investor, joined by new investors B Capital and Industry Ventures. This latest round brings Notable’s total funding to over $55M.Notable was founded in 2017 by Matt De Silva after helping his own father Marc, who
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets

by Fred Pennic 07/17/2019 Leave a Comment

Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets

 The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019

by Fred Pennic 07/16/2019 Leave a Comment

VC Funding in Digital Health Hits $5.1 Billion in 1H 2019,

Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Redox Partners With Georgia’s Tech Incubator to Help Health IT Startups Scale

by Fred Pennic 07/16/2019 Leave a Comment

Redox Partners With Georgia's Tech Incubator to Help Health IT Startups Scale

Healthcare interoperability provider Redox, today announced it has partnered with Advanced Technology Development Center (ATDC), Georgia’s technology incubator, to help health technology startups scale their business. Startups in ATDC's HealthTech Program get access to Redox's full-service integration platform. By working with Redox, startups in the program can overcome the industry's interoperability challenge, and focus on developing and establishing new technologies that will benefit
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