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Fred Pennic, Editor-in Chief | HIT Consultant

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

Blue Shield of California, Lyft Launches Pilot Program to Provide Rides to Members in Sacramento

by Fred Pennic 09/19/2019 Leave a Comment

Blue Shield of California, Lyft Launches Pilot Program to Provide NEMT Rides to Members in Sacramento

- Blue Shield of California and Lyft launches a pilot program to provide convenient rides to its eligible members in the Sacramento area at no additional cost. - To participate in the program, eligible Blue Shield members need an SMS capable mobile phone. Once they call to self-enroll online and agree to the program's terms and conditions, they can receive rideQSM rides to and from pre-approved healthcare appointments as patients of Associated Family Physicians, Inc.Blue Shield of California, in
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InsightRX Lands $10M for Precision Medicine Dosing at the Point of Care Platform

by Fred Pennic 09/19/2019 Leave a Comment

InsightRX Raises $10 Million to Enable Precision Dosing at Point of Care

- InsightRX raises $10M led by HealthX Ventures to accelerate the adoption of its precision dosing at the point of care platform. - The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient’s unique pharmacological profile to guide treatment decisions. - InsightRX plans to use the new funding to deepen its integration capabilities, broaden development across additional therapeutic areas, and continue its expansion into health
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OSF HealthCare Integrates CancerIQ with Epic EHR to Expand Genetics to Primary Care

by Fred Pennic 09/18/2019 Leave a Comment

OSF Healthcare In Talks To Merge With Little Company of Mary Hospital, Expected to Close Early 2020

 - OSF HealthCare integrates CancerIQ’s genetic cancer risk assessment program with Epic’s EHR platform to reduce cancer disparities and deaths. - OSF has screened nearly 70k patients using CancerIQ’s platform and will be deployed to primary care practices throughout the system. OSF HealthCare, an integrated healthcare network with locations in Illinois and Michigan, has integrated CancerIQ’s genetic cancer risk assessment program with Epic’s EHR platform as part of a system-wide population
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TEAMFund Closes $30M Impact Fund to Invest in Medical Tech Startups Improving Patient Access in Low-Resource Settings

by Fred Pennic 09/18/2019 Leave a Comment

TEAMFund Closes $300M Impact Fund to Invest in Medical Tech Startups

TEAMFund ("Transforming Equity and Access for MedTech") closes $30M inaugural fund to invest in medical tech startups that improve patient access in low-resource settings. TEAMFund invests in commercial-stage companies addressing non-communicable diseases in low-resource settings, with an initial geographic focus in India and Sub- Saharan Africa. TEAMFund has a 10-year horizon and expects to have 8-10 portfolio companies in the Fund with up to 5 years to commit the
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Baptist Health Offers Free Virtual Urgent Visits to All South Florida Residents

by Fred Pennic 09/18/2019 Leave a Comment

Baptist Health Offers Free Virtual Urgent Visits to All South Florida Residents

- Baptist Health South Florida CEO offers all South Florida residents to experience Baptist Health’s Care On Demand urgent care service for free. - South Florida residents can simply use the code FREEURGENTCARE when launching the Care On Demand app for their first virtual visit. Brian E. Keeley, President & CEO of Baptist Health South Florida has invited all South Florida residents to experience Baptist Health’s Care On Demand urgent care service for free in a letter
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HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash

by Fred Pennic 09/17/2019 Leave a Comment

HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash

 - HMS Holdings Corp acquires VitreosHealth, the first Insights-as-a-Service delivery model for advanced population health analytics for $36M in cash. - HMS is currently using VitreosHealth’s technology as the predictive analytics engine for HMS’ Elli, a risk intelligence solution that is part of the company’s integrated Population Health Management (PHM) portfolio.HMS believes the integration of VitreosHealth will enhance our predictive modeling and analytics capabilities within its PHM
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Former Walgreens Executive Launches New Digital Health Startup, ATX Therapeutics

by Fred Pennic 09/17/2019 Leave a Comment

Former Walgreens Executive Launches Digital Health Startup, ATX Therapeutics

- ATX Therapeutics launches to create evidence-based digital therapeutic products to address specific chronic health conditions and associated risk behaviors - ATX Therapeutics is founded by CEO Adam Falat, who previously led award-winning consumer digital health teams at Walgreens and athenahealth. Former Walgreens executive Adam Falat today announced the launch of his new Austin-TX-based digital health company, ATX Therapeutics. The new company will create evidence-based digital
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Navigating Cancer Lands $26M to Expand Oncology Patient Relationship Management Platform

by Fred Pennic 09/17/2019 Leave a Comment

Navigating Cancer Lands $26M to Expand Oncology Patient Relationship Management Platform

- Navigating Cancer raises $26M in Series D funding in an over-subscribed round (TTCP) for its comprehensive oncology patient relationship management solution. - Navigating Cancer’s PRM platform helps providers manage patient interactions, improve the patient experience, and deliver value-based care more effectively – increasing the flow of communications between in-office visits, which, in turn, boosts patient engagement in their own care. - Funding will enable NC to accelerate innovation of
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Drugmaker Bayer to License One Drop’s Digital Diabetes Management Platform, Leads $40M Series B Funding

by Fred Pennic 09/17/2019 Leave a Comment

Apple to Sell One Drop’s Blood Glucose Monitors in Select Retail Stores

- Drugmaker Bayer leads One Drop’s $40M Series B funding round and enters commercial agreement to license One Drop's digital diabetes management platform in its global bio-digital efforts in therapeutic areas. - Bayer will leverage One Drop's data science and predictive capabilities, and harness its mobile platform to deliver innovative bio-digital solutions across a broad array of therapeutic areas.- One Drop provides personalized health programs to drive sustainable behavior change as part of
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Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

by Fred Pennic 09/17/2019 Leave a Comment

Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

- Digital therapeutics startup Kaia Health raises $8M in funding led by Optum Ventures to support the accelerated execution of clinical trials required to demonstrate efficacy to the FDA.- Kaia Health utilizes multimodal therapy, which combines physical, psychological and educational elements to relieve back pain at home, without medication.- Optum’s investment in Kaia Health will consider use of Kaia Health’s digital therapeutic offerings for back pain and COPD with Optum and UnitedHealth
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