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Fred Pennic, Editor-in Chief | HIT Consultant

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

Lumeon Lands $30M to Expand Care Pathway Management Platform

by Fred Pennic 08/11/2020 Leave a Comment

Medtronic to Leverage Lumeon’s Care Pathway Management Platform to Deliver Value-Based Care in Europe

What You Should Know: - Lumeon, the leader in care pathway orchestration announced it has raised $30M in Series D funding to extend the reach of its Care Pathway Management (CPM) platform. - The platform empowers providers to improve care quality, deliver better outcomes, reduce costs, and ultimately develop and scale new models of care delivery – particularly important right now as COVID-19 accelerates the technology-driven transformation of healthcare. Lumeon, a Boston,
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Philips Launches Virtual Care Station to Deliver Personalized Telehealth

by Fred Pennic 08/11/2020 Leave a Comment

Philips Delivers Personalized Telehealth to Local Communities with Virtual Care Station

What You Should Know: - Philips announced the launch of Virtual Care Station, a telehealth environment delivering virtual care services to patients in convenient neighborhood locations, such as retail settings, libraries, town halls and universities. - Using proven Philips technology developed for the ATLAS program (Accessing Telehealth through Local Area Stations), which was created to serve healthcare needs of U.S. Veterans, Virtual Care Station provides all patients, including those
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DreaMed Diabetes Supports Research on Efficacy of Virtual Diabetes Care

by Fred Pennic 08/10/2020 Leave a Comment

diabetes management qualcomm medtronic diabetes

What You Should Know: - DreaMed Diabetes, the developer of personalized, AI-based diabetes management solutions, will participate in a clinical study, led by Jaeb Center for Health Research Foundation, to evaluate the efficacy of virtual treatment for diabetes patients. The research is funded by a grant from The Leona M. and Harry B. Helmsley Charitable Trust.  - DreaMed uses AI-powered technology to seamlessly treat patients remotely with its virtual diabetes management service by
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Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions

by Fred Pennic 08/10/2020 Leave a Comment

Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions

What You Should Know: - Salesforce and CVS Health announced a strategic relationship to help organizations, including employers and universities, return critical populations to the workplace or campus. With this new joint offering, which combines Salesforce Work.com capabilities with CVS Health’s Return Ready, worksite and campus locations will be able to provide complementary services for wellness assessments, COVID-19 testing and manual contact
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Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

by Fred Pennic 08/06/2020 Leave a Comment

Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

What You Should Know: - Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost - By offering remote care, via phone or virtually online, Cricket Health’s approach to kidney care is designed to keep Blue Shield members living with kidney disease healthy at home, and out of clinics or hospitals whenever possible.  Health
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

by Fred Pennic 08/06/2020 Leave a Comment

Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

What You Should Know: - Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians

by Fred Pennic 08/06/2020 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

What You Should Know: - Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. - These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation. - Cerner and LRVHealth have together invested $6 million in Xealth as part of this agreement, with Cerner and Xealth planning
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Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know

by Fred Pennic 08/05/2020 Leave a Comment

Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know

What You Should Know: - Teladoc Health to merge with Livongo for $18.5B in cash and stock to create a powerhouse leader in consumer-centered virtual care. - Teladoc Health shareholders will own approximately 58 percent and existing Livongo shareholders will own approximately 42 percent of the combined company. - Jason Gorevic, current CEO of Teladoc Health, will be the CEO of the combined company. Teladoc Health (TDOC) and Livongo (LVGO), today announced that they have entered
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Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer

by Fred Pennic 08/05/2020 Leave a Comment

Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer

What You Should Know: - Sight Diagnostics, the company behind the first FDA-approved fingerstick Complete Blood Count analyzer, announced it has raised $71 million in Series D funding from leading strategic investors including Koch Industries, OurCrowd, and others. - The Series D round – which more than doubles the company’s total funding to date – will support the expansion of Sight’s commercial operations globally, with a specific focus on the US and UK, and advance its R&D into the
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Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

by Fred Pennic 08/05/2020 Leave a Comment

Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

What You Should Know: - Centauri Health Solutions acquires Applied Revenue Analytics (AppRev) for undisclosed terms to enhance Centauri’s market leadership in hospital revenue cycle optimization. - AppRev delivers technology-enabled revenue cycle optimization services in a Software-as-a-Service (SaaS) model. Centauri Health Solutions (“Centauri” or the “Company”), an innovative healthcare technology and services company, announced today that it has acquired Applied Revenue Analytics
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