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Fred Pennic, Editor-in Chief | HIT Consultant

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

Medsphere Launches Wellsoft Urgent Care EHR, PM/RCM Solution

by Fred Pennic 04/08/2019 Leave a Comment

Medsphere Launches Wellsoft Urgent Care EHR, PM/RCM Solution

Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced the launch of their new urgent care EHR solution, Wellsoft Urgent Care. The launch of Wellsoft Urgent Care comes just two months after Medsphere acquired Wellsoft, a Somerset, NJ-based Emergency Department (ED) EHR platform.Wellsoft Urgent Care EHR/PM/RCM Platform OverviewWellsoft Urgent Care’s cloud-based platform features advanced Electronic
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Montefiore St. Luke’s Cornwall Goes Live on Mobile Physician Query Solution

by Fred Pennic 04/08/2019 Leave a Comment

Montefiore St. Luke’s Cornwall (MSLC) announced today that MSLC is live on Artifact Health's mobile physician query solution to improve workflow for its clinicians and expedite the accurate coding of patient records. Artifact was able to accommodate the hospital’s requirement to implement, integrate with Meditech’s EHR system and go live within four weeks.Optimizing the Physician Query Process for PhysiciansTraditionally, the query process is onerous and time-consuming for physicians, clinical
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary

by Fred Pennic 04/06/2019 Leave a Comment

A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March. Noteworthy News Amazon, JP Morgan, Berkshire Names New Joint Venture Haven Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Accenture: How New Science is Reshaping The Biopharma Landscape

by Fred Pennic 04/05/2019 Leave a Comment

Accenture: How New Science is Reshaping The Biopharma Landscape

Accenture has released new research that unveils strong evidence that the biopharma industry is facing compressive disruption when a series of innovations, macroeconomic factors, and other changes combine to squeeze profits over a decade or more.  However, it also unveils a powerful growth engine: an emerging category that Accenture calls 'New Science' that is expected to drive 54% of the biopharma industry’s growth through 2022. What is New Science? New Science is an evolving, unique
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Study: Telerehabilitation Could Improve Patients With Late-Stage Cancer

by Fred Pennic 04/05/2019 Leave a Comment

Study: Telerehabilitation Could Improve Patients With Late-Stage Cancer

Telerehabilitation services to patients with late-stage cancer can improve their physical function, pain and quality of life while allowing them to spend less time in hospitals and nursing homes, according to recent research led by Andrea Cheville, M.D., a Mayo Clinic physical medicine and rehabilitation physician. The research team also included Timothy Moynihan, M.D.; and Charles Loprinzi, M.D. -- all from Mayo Clinic -- as well as Jeph Herrin, Ph.D., Yale School of Medicine, and Kurt Kroenke,
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Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

by Fred Pennic 04/04/2019 Leave a Comment

Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

Innovaccer Inc., the leading San Francisco-based data activation company, announced today the launch of its SDOH Management solution tailored to capture SDOH data and leverage it to deliver enhanced care, powered by its Data Activation Platform. Created after months of extensive research & development (R&D), Innovaccer's goal of the solution is to empower physicians and care teams with visibility into the social needs of their patients, right in the moment of care. How Non-Clinical
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Healthgrades Launches AI-Powered CDP Platform to Improve Patient Experience

by Fred Pennic 04/04/2019 Leave a Comment

Healthgrades Launches AI-Powered CDP Platform to Improve Patient Experience

Today, Healthgrades announced the first Customer Data Platform (CDP) built for healthcare. Healthgrades CDP – powered by AI & Deep Learning tech - will allow health systems to bring together once disparate data into a single platform. It will provide health systems with a holistic view of patients, with the long term goal of transforming and personalizing the patient experience. Healthgrades Benefits Healthgrades CDP will also serve as the underlying data management solution for powering CRM
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HealthVerity Raises $25M for Cloud Marketplace for Licensing Patient Data

by Fred Pennic 04/04/2019 Leave a Comment

HealthVerity Raises $25M for Cloud Marketplace for Licensing Patient Data

HealthVerity, a Philadelphia, PA-based company focused on the rapid creation, exchange, and management of healthcare and consumer data has raised $25 million in Series C funding led by existing investor Foresite Capital with participation from Flare Capital Partners, Greycroft Partners, and other existing investors. The company plans to use the funding to support continued growth and investment in HealthVerity’s technology platform and go-to-market activities.HealthVerity BackgroundFounded in
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Blue Cross NC, Duke Health Form New Company to Offer Medicare Advantage Plan for Seniors

by Fred Pennic 04/03/2019 Leave a Comment

Blue Cross NC, Duke Health Form New Company to Offer Medicare Advantage Plan for Seniors

Blue Cross and Blue Shield of North Carolina and Duke University Health System have together formed Experience Health, a new health insurance company to offer a Medicare Advantage Plan in 2020. Jointly owned by Blue Cross NC and Duke Health, Experience Health brings together two of the most trusted and innovative names in healthcare to create a locally owned and operated non-profit health plan.Why Experience Health?Blue Cross NC and Duke Health formed Experience Health to take advantage of the
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AMA, UnitedHealthcare Develop ICD-10 Codes to Support Social Determinants of Health

by Fred Pennic 04/03/2019 Leave a Comment

Social determinants of health

UnitedHealthcare and the American Medical Association (AMA)  are teaming up to support using data for social determinants of health (SDOH) to improve and simplify how referrals are made to social services. The collaboration builds off work initiated by UnitedHealthcare to standardize how data is collected, processed and integrated regarding critical social and environmental factors that contribute to patient well-being. New ICD-10 related to Social Determinants of Health (SDOH) Today, nearly 80%
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