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Fred Pennic, Editor-in Chief | HIT Consultant

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

MTBC Acquires Cloud-based EHR Platform CareCloud

by Fred Pennic 01/08/2020 Leave a Comment

MTBC Acquires Cloud-based EHR Platform CareCloud

- MTBC acquires cloud-based, practice management EHR platform CareCloud on a cash-free, debt-free basis. - Founded in 2009, CareCloud’s integrated clinical and financial platform technology and its suite of solutions enables clients to increase profitability, streamline workflow and improve patient care outcomes nationwide.MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced the closing of its acquisition of CareCloud which provides
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Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

by Fred Pennic 01/08/2020 Leave a Comment

Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

- Together, PGDx and Mayo Clinic will focus on technology optimization and clinical utility studies for liquid biopsy and tissue-based genomic applications.- The shared vision and overall goal for PGDx and Mayo Clinic is to improve patient care by advancing the capabilities of oncology diagnostics testing. Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics, today announced a strategic collaboration with Mayo Clinic to enhance the development of clinical diagnostic solutions for
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Kyruus Lands $42M to Expand Patient-Providing Matching Solutions for Health Systems

by Fred Pennic 01/08/2020 Leave a Comment

Kyruus

- Kyruus, a provider search and scheduling solutions company raises $42 million in a Series D round led by Venrock and Highland Capital Partners, with financing from other VCs such as Providence Ventures and Salesforce Ventures. - Kyruus will tap into the new funds to enhance its product suite for health systems and forge partnerships with payers and large employers, as consumers also seek providers via those entities.Kyruus, a Boston, MA-based suite of patient-provider matching solutions for
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Cleveland Clinic Appoints Inaugural Chief Research Information Officer

by Fred Pennic 01/07/2020 Leave a Comment

- Lara Jehi, M.D., has been appointed the inaugural Chief Research Information Officer at Cleveland Clinic. - As part of her role as Chief Research Information Officer at Cleveland, Dr. Jehi will work closely with information technology, research, finance, and other key departments to optimize the enterprise’s digital infrastructure to support research activities and accelerate new treatments for patients. Lara Jehi, M.D., has been appointed the inaugural Chief Research Information
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Healthgrades Acquires Consumer & Physician Engagement Company Evariant

by Fred Pennic 01/07/2020 Leave a Comment

Healthgrades Acquires Consumer & Physician Engagement Company Evariant

- Healthgrades acquires Evariant, a leading healthcare consumer and physician engagement company to create the most comprehensive consumer website to help educate consumers and connect them with a physician.- The acquisition signals a major shift in our industry, where health systems are moving towards a more consumer-centric system of care. Healthgrades, a Denver, CO-based resource that connects consumers, physicians and health systems, today announced it has acquired Evariant, a Farmington,
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Anika Therapeutics to Acquire Parcus Medical and Arthrosurface

by Fred Pennic 01/06/2020 Leave a Comment

Anika Therapeutics to Acquire Parcus Medical and Arthrosurface

- Anika Therapeutics announced plans to acquire Parcus Medical, a privately-held sports medicine company, and Arthrosurface, a privately-held provider of joint surface and preservation solutions for active patients. - These acquisitions will significantly enhance Anika’s commercial capabilities and infrastructure, diversify its revenue mix and expand its product portfolio and pipeline. - Additionally, it will solidify Anika’s position in the $7 billion sports and regenerative medicine
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CES 2020: Philips Expands Its Range of Consumer-Focused Digital Health Solutions

by Fred Pennic 01/06/2020 Leave a Comment

CES 2020: Philips Expands Its Range of Consumer-Focused Digital Health Solutions

- Philips unveils new data-driven personalized connected care solutions for sleep, oral health, and mother & child care that offers consumers the benefits of evidence-based solutions, expert advice, and always-on connection to professional help at CES 2020. At CES 2020, Royal Philips, a global leader in health technology, today announced its expansion of personalized consumer health solutions that help shape the industry of consumer health. With the expansion of the collaboration with
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AMIA President & CEO, Douglas B. Fridsma Steps Down

by Fred Pennic 01/06/2020 Leave a Comment

AMIA President & CEO, Douglas B. Fridsma Steps Down

- Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA is stepping down as President and CEO of The American Medical Informatics Association (AMIA). - Karen Greenwood, Executive Vice President, and Chief Operating Officer will serve as interim CEO while the Board of Directors begins the search for a replacement.  The American Medical Informatics Association (AMIA) has announced the departure of President and CEO Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA, effective January 1, 2020.
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Duke, Deerfield Management Form Four Points Innovation to Invest Up $130M in Drug Discovery

by Fred Pennic 01/06/2020 Leave a Comment

Duke, Deerfield Management Form Four Points Innovation to Invest Up $130M in Drug Discovery

- Duke University and Deerfield Management Company form major translation research collaboration company, Four Points Innovation. - Deerfield will invest up to $130 million of initial funding to accelerate drug discovery at Duke for 10 years. Duke University and Deerfield Management Company, a healthcare investment firm has announced the creation of a major translational research collaboration company, Four Points Innovation. Spearheaded by Duke University’s Office of Licensing &
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ObjectiveGI Raises $6.6M for Integrated GI Research to Address NASH Epidemic

by Fred Pennic 01/02/2020 Leave a Comment

ObjectiveGI Raises $6.6M for Integrated GI Research to Address NASH Epidemic

- ObjectiveGI, the Nashville-based clinically integrated ancillary care platform has raised $6.6M in Series A funding. - Taking on the rising NonAlcoholic SteatoHepatitis (NASH) epidemic, ObjectiveGI establishes premier clinical trial centers within local gastroenterology (GI) practices across the country to develop new therapies and improve patient outcomes. - The company opened its 10th Center of Research Excellence in September 2019 and, with this funding, ObjectiveGI aims to double
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