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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide

by Fred Pennic 05/21/2020 Leave a Comment

COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide

The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has released a state by state breakdown of the estimated cost to COVID-19 test every nursing home resident and staff just once, which would cost $440 million nationwide.  As this shows, the cost of ongoing COVID-19 testing of nursing home residents and staff is unsustainable without additional funding and support from federal and state governments. Even the CDC’s recent recommendation to test all nursing
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Amwell Raises $194M to Expand Telehealth Platform to Combat COVID-19 Pandemic

by Fred Pennic 05/20/2020 Leave a Comment

Amwell Raises $194M to Expand Telehealth Platform to Combat COVID-19 Pandemic

What You Should Know: - Telehealth leader American Well (Amwell) raises $194 million in Series C funding in an effort to expand to better serve patients and healthcare providers amid the COVID-19 pandemic. - As COVID-19 swept across the United States, Amwell has seen a significant expansion in the usage of its core Amwell Platform.  American Well® (Amwell), a national telehealth technology and services company announced it has raised $194 million in Series C funding with
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FCC’s COVID-19 Telehealth Programs Surpasses $50M in Funding

by Fred Pennic 05/20/2020 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - To date, the FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 132 healthcare providers across 33 states plus Washington, DC for a total of just over $50M in funding.  The Federal Communications Commission’s Wireline Competition Bureau today approved an additional 43 funding applications for the COVID-19 Telehealth Program.  The seventh set of healthcare providers in both urban and rural areas of the
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Mount Sinai Researchers Develops AI Algorithm to Detect COVID-19 from CT Scans

by Fred Pennic 05/20/2020 Leave a Comment

Mount Sinai Researchers Develops AI Algorithm to Detect COVID-19 from CT Scans

What You Should Know: - Mount Sinai researchers develop a unique artificial intelligence (AI) algorithm to detect COVID-19 based on CT scans and patient data. - The Mount Sinai team integrated data from those CT scans with the clinical information to develop an AI algorithm. It mimics the workflow a physician uses to diagnose COVID-19 and gives a final prediction of positive or negative diagnosis.  Mount Sinai researchers are the first in the country to use
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Omada Health Acquires Telehealth Physical Therapy Company Physera

by Fred Pennic 05/19/2020 Leave a Comment

Omada Health Acquires Telehealth Physical Therapy Company Physera

What You Should Know Tele-physical therapy company Physera announced that they are joining Omada Health, a digital health company that offers programs for chronic disease prevention and management, and mental health support.  Through the deal, Omada adds Physera’s musculoskeletal solution to its suite of digital care programs for the prevention and self-management of diabetes, hypertension, and mental health. Physera recently launched a
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PE Firm Exploring Sale of Provider Scheduling Solution QGenda

by Fred Pennic 05/19/2020 Leave a Comment

PE Firm Exploring Sale of Provider Scheduling Solution QGenda

Private equity firm Francisco Partners is exploring the sale of Atlanta, GA-based automated physician scheduling platform QGenda, PE Hub reports. The PE firm is just starting the process and is waiting for more clarity around pricing once the COVID-19 pandemic weakens. Francisco made a strategic investment in QGenda in 2016. Businesses that improve productivity in healthcare have been among the strongest performing since the downturn hit, said Sarah Pringle, Editor at PE Hub.
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