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Fred Pennic, Editor-in Chief | HIT Consultant

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

Litmus Health Launches Next-Generation Data Science Platform for Clinical Research

by Fred Pennic 08/07/2019 Leave a Comment

Litmus Health Launches Next-Generation Data Science Platform for Clinical Research

 Litmus Health, the research-ready infrastructure platform for real-world data has announced the release of the next generation of their platform focused on reliable data engineering, data quality, and flexible deployment. The end-to-end platform supports the entire trial process: from data collection at the point of experience to laboratory analytics that can inform decision making.Pharma Industry Increasingly Turning to Real-World DataThe pharmaceutical industry has been increasingly looking
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Fitbit Launches New Research Pledge to Address Evolving Privacy Risks

by Fred Pennic 08/06/2019 Leave a Comment

Fitbit Research Pledge

Fitbit launches Researcher Pledge and updates to their Terms of Service to help educate the research community on user privacy risks.  In response to these evolving user privacy issues, Fitbit has developed a new Researcher Pledge and updates to their Terms of Service to help educate the research community on these risks and specify the commitments we require from researchers to help protect the privacy of our users. The new Research Pledge outlines best practices to help ensure research study
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Axia Women’s Health to Power Pregnant Patients With Babyscripts Prenatal App During Their Prenatal Journey

by Fred Pennic 08/06/2019 Leave a Comment

Prenatal App Babyscripts Announces Partnership with Axia Women’s Health

Axia Women’s Health, the nation’s largest independent, physician-led women’s health network, today announced a partnership with Babyscripts, a virtual care platform for managing obstetrics. With nearly 300 providers and more than 115 health centers across New Jersey and Pennsylvania., Axia will provide their pregnant patients access to the Babyscripts app during the entirety of their prenatal journey and beyond. Babyscripts Program Offered Through Axia Women’s HealthThe Babyscripts program
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary

by Fred Pennic 08/06/2019 Leave a Comment

Research: July Digital Health IPOs, M&A Activity, Public Company Performance

Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July. Digital Health IPOs in July Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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NYC Health + Hospitals Launches Primary Care-Centered Diabetes Management Program

by Fred Pennic 08/06/2019 Leave a Comment

NYC Health + Hospitals, the largest public health care system in the nation announced the launch of a comprehensive, primary care-centered diabetes management program. The diabetes management program includes investing in new clinical pharmacy staff, equipment, and technology to improve health outcomes and expand services through telehealth techniques for more than 60,000 New Yorkers with diabetes who receive care in the City’s public hospitals and community-based health centers.Impact of
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M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B

by Fred Pennic 08/05/2019 Leave a Comment

M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B

Guidehouse (formerly PwC’s US Public Sector business), a portfolio company of private equity firm Veritas Capital has acquired global management consulting firm Navigant Consulting, Inc. for approximately $1.1 billion. The newly combined entity will bring together each organization’s strong expertise in highly regulated industries across both the commercial and government sectors, with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National
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Accolade Acquires MD Insider for Machine Learning Physician Performance

by Fred Pennic 08/05/2019 Leave a Comment

Accolade Acquires Machine Learning Physician Performance Company MD Insider

Accolade, a Seattle-based leader in personalized advocacy solutions for employers has acquired MD Insider, a Santa Monica, CA-based provider of machine learning-enabled physician performance transparency. Enabled by the acquisition of MD Insider, Accolade is launching new solution called Accolade Total Care that combines data-driven physician quality insights with cost transparency to ensure members have the best health outcomes while reducing costs for them and their employers.Machine Learning
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OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

by Fred Pennic 08/02/2019 Leave a Comment

OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

 OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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DAS Health Acquires Health IT and Medical Billing Conglomerate

by Fred Pennic 08/02/2019 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

DAS Health, an industry leader in health IT and management, announced today it completed the acquisition of a Milwaukee-based healthcare solutions conglomerate, including WRT Specialties, Inc., Easy PC Solutions, LLC, EasyMed Billing, LLC and Houston-based Systech Solutions. This follows DAS’ acquisition of Houston-based Altex Business Solutions earlier this year, and three Chicago-based companies at the end of 2018. Financial details of the acquisition were not disclosed.DAS Health Growth
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Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

by Fred Pennic 08/02/2019 Leave a Comment

Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

Karate Health merges with Progentec to pursue comprehensive disease management solutions for lupus and multiple sclerosis (MS) that combine laboratory testing with digital technologies. Progentec Diagnostics, Inc. and Karate Health, Inc. announced that they have merged, offering laboratory testing and digital technologies for the diagnosis and management of lupus (SLE), multiple sclerosis (MS), and other autoimmune diseases. The merger is a substantive step towards the Progentec mission of
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