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Fred Pennic, Editor-in Chief | HIT Consultant

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

UnitedHealth to Acquire Payment Integrity Company Equian for $3.2B

by Fred Pennic 06/21/2019 Leave a Comment

UnitedHealth to Acquire Payment Integrity Company Equian for $3.2B

UnitedHealth Group Inc. has agreed to acquire payment integrity provider Equian from its private-equity owner New Mountain Capital for about $3.2 billion, according to the Wall Street Journal report on Thursday evening.Equian delivers payment integrity solutions through proprietary content, enabling technology, and highly responsive customer service. The company analyzes over $500B in healthcare and insurance data to ensure payments are fair, accurate, and paid by the correct party—resulting in
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Surescripts Inks Partnerships with National Health Plans to Streamline Prior Authorization

by Fred Pennic 06/21/2019 Leave a Comment

Surescripts Inks Partnerships with National Health Plans to Streamline Prior Authorization

Surescripts announced that several national, regional and local PBMs and health plans representing virtually all U.S. patients are replacing their manual prior authorization process with Surescripts Electronic Prior Authorization solution. Over the past 18 months, several national, regional and local PBMs and health plans representing virtually all U.S. patients have signed on, increasing the number of insured lives covered by Surescripts Electronic Prior Authorization by nearly 20%.Impact of
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Geisinger Appoints Dr. Jaewon Ryu as New CEO

by Fred Pennic 06/20/2019 Leave a Comment

Geisinger Appoints Dr. Jaewon Ryu as New CEO

Geisinger today announced that its Board of Directors has appointed Jaewon Ryu, M.D., J.D., as president and chief executive officer. Dr. Ryu, who has served as interim president and CEO since November 2018 and executive vice president and chief medical officer since September 2016, becomes the seventh chief executive officer in Geisinger’s 104-year history. He succeeds David T. Feinberg, M.D., MBA, who left Geisinger earlier this year to assume a leadership role at Google. “On
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VisualDx Joins Epic App Orchard Marketplace to Support Diagnostic Accuracy

by Fred Pennic 06/20/2019 Leave a Comment

VisualDx Joins Epic App Orchard Marketplace to Support Diagnostic Accuracy

VisualDx, a Rochester, NY-based diagnostic clinical decisions support tool for physicians announced that it has joined the Epic App Orchard marketplace to support diagnostic accuracy, save clinicians’ time and enhance patient care. Improve Clinical Decisions & Enhance Clinical Workflow The VisualDx SMART app employs the HL7® standard SMART® on FHIR® technology and the integration extracts the sex, age, medications, and problem lists from the patient's record. This information is used to
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Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

by Fred Pennic 06/20/2019 Leave a Comment

Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

Medable Inc., a Silicon Valley-based provider of data driven and digitally enabled clinical trials has announced the launch of their global Trial-Fit™ Telemedicine Solution designed to address critical trial barriers of low patient retention and lack of access. Medable’s Trial-Fit Telemedicine enables sites all over the world to conduct secure, HIPAA-compliant video consultations with clinical study participants in an integrated eCOA solution. Medable telemedicine is the only integrated,
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Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health

by Fred Pennic 06/19/2019 Leave a Comment

Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health

Vida Health, a personalized virtual care platform for physical and behavioral health has raised $30M in Series C funding from strategic investors including GuideWell Mutual Holding Corporation, Teladoc Health, and Workday Ventures. Existing investors from previous rounds also participated.Impact of Chronic Disease in the U.S.Sixty percent of adults in the United States have one chronic disease, and 40% have two or more. More than 68% of adults with a mental health condition have at least one
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Fundamental Surgery Appoints Mayo Clinic Surgeon to Global Medical Panel

by Fred Pennic 06/19/2019 Leave a Comment

Fundamental Surgery Appoints Mayo Clinic Surgeon to Global Medical Panel

Today, Fundamental Surgery, the innovative surgical training platform that combines virtual reality with haptics (the sense of touch), announced Dr. David R. Farley as the newest member of their Global Medical Panel.Dr. Farley is a surgical consultant in the Department of Surgery at Mayo Clinic, who holds the academic rank of professor of surgery, Mayo Clinic College of Medicine and Science with a focus on general, endocrine, breast and minimally invasive surgery disciplines. He has helped train
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Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

by Fred Pennic 06/18/2019 Leave a Comment

Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

VirtualHealth, a NYC-based care management platform, today announced it has closed a Series B financing round bringing the total amount raised by the company to more than $25 million. Led by Edison Partners and existing investors, the latest funding provides strategic capital to fuel the company’s rapid growth and product innovations.One Platform for the Entire Care TeamFounded in 2012, the VirtualHealth HELIOS solution is the first comprehensive care management platform purpose-built to provide
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Mount Sinai, Philips, LabCorp to Launch Digital & AI-Enabled Pathology Center of Excellence

by Fred Pennic 06/18/2019 Leave a Comment

Mount Sinai, Philips, LabCorp to Launch Digital & AI-Enabled Pathology Center of Excellence

Mount Sinai, LabCorp, and Philips announced they are collaborating to establish the Mount Sinai Digital and Artificial Intelligence (AI)-Enabled Pathology Center of Excellence. The new center will feature the Philips IntelliSite Pathology Solution, the first digital pathology system FDA approved for primary diagnostic use, which will help the organizations enhance the quality and lower the costs of patient care.Role of LabCorpLabCorp will lead the integration of Philips’ system at Mount Sinai,
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Centene Leads $60M Round for Behavioral Health Platform Quartet

by Fred Pennic 06/14/2019 Leave a Comment

Centene Leads $60M Round for Behavioral Health Platform Quartet

Quartet, an NYC-based innovative healthcare technology, and services company has announced a strategic partnership with Centene Corporation to ensure the most vulnerable populations have access to mental healthcare. In addition, Quartet has raised $60 million in Series D funding led by Centene Corporation, and returning investors F-Prime Capital Partners, GV (formerly Google Ventures), Oak HC/FT, and Polaris Partners. The latest round brings total funding raised to date to $153M.Growing Focus on
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