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Fred Pennic, Editor-in Chief | HIT Consultant

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

Amazon Acquires Health Navigator to Become Part of Amazon Care Services

by Fred Pennic 10/24/2019 Leave a Comment

Amazon Acquires Health Navigator to Become Part of Amazon Care Group Services

- Amazon acquires Chicago-based Health Navigator platform, a comprehensive clinical vocabulary, and decision-support system.- The announcement marks Amazon’s second acquisition in the healthcare space after acquiring online pharmacy market PillPack for $750M last year. - CNBC confirms Health Navigator will not renew existing contracts with their customers moving forward and will become part of Amazon Care, it's pilot healthcare service program for employees.Amazon has acquired Health Navigator,
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AppliedVR Awarded $2.9M Grants to Study Virtual Reality As An Opioid-Sparing Treatment

by Fred Pennic 10/23/2019 Leave a Comment

AppliedVR, NCI Partner to Evaluate VR As Therapy for Cancer-Related Anxiety AppliedVR Awarded $2.9M Grants to Study Virtual Reality As An Opioid-Sparing Treatment

 - AppliedVR awarded more than $2.9M in NIDA grants to support clinical trials to study virtual reality platforms as an opioid-sparing tool for acute and chronic pain. - The grants will enable the company to advance two clinical trial programs respectively with Geisinger and Cleveland Clinic.AppliedVR, a Los Angeles, CA-based next generation of digital medicine announced that it has been awarded two multi-year grants totaling more than $2.9 million from the National Institute on Drug Abuse
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Sleep Wearable Beddr Launches First Sleep Health Solution for Employers

by Fred Pennic 10/23/2019 Leave a Comment

Sleep Wearable Beddr Launches First Sleep Health Solution for Employers

- Beddr launches first holistic sleep wellness program for employers that leverages clinical-grade data from Beddr’s FDA cleared wearable.- Beddr expands upon its FDA-listed sleep wearable with improved data and insights, expert-led sleep coaching and sleep physician telemedicine network.Beddr, a pioneer in precision sleep health launched an industry-first comprehensive solution for employers focused on helping employees identify and treat the root causes of chronic sleep issues. The program
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AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets

by Fred Pennic 10/23/2019 Leave a Comment

AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets

- AVIA raises $22M to expand its leading healthcare innovation network to expand its service offerings and reach new markets. - Specifically, AVIA will tap into the new funds to grow its offerings in areas including consumerism, population health, and risk management, and to reach new markets such as pediatric hospitals and payers.- Members of the AVIA Innovator Network access unique insights, participate in collaborative strategic initiatives, and engage in consulting services to increase speed
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XLerateHealth Awarded $1.7M Grants to Fuel Healthcare Innovation in Under-Resourced States

by Fred Pennic 10/22/2019 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

- XLerateHealth (XLH) has been awarded a total of $1.7M in grants to continue building the XLerator Network and support academic healthcare innovation across the Southeast. - The continuation of the grant secures a second year of funding for XLH and its partners to build on foundational assessment and planning work completed in year one.XLerateHealth (XLH), a Louisville, KY-based healthcare accelerator has been awarded grants totaling $1.7M to continue building the XLerator Network and support
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Philips, Dept. of Defense Partner to Develop AI-Algorithm to Detect Infection 48 Hours Before Observable Symptoms

by Fred Pennic 10/22/2019 Leave a Comment

Philips Launches AI-Powered Patient Risk Prediction Algorithm for ICU

- Philips and the U.S. Department of Defense are teaming up to develop an AI-algorithm to identify infection more than 48 hours before observable symptoms. - Using large data sets & machine learning across biomarkers, innovative tech can speed time to detection, intervention & treatment, while improving outcomes & reducing the spread of disease. - Future research is currently being planned to leverage this information as an algorithm to be integrated into a wearable device,
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Onegevity Health Acquires Global Licensing Rights to Mount Sinai’s Lab100

by Fred Pennic 10/22/2019 Leave a Comment

Onegevity Health Acquires Global Licensing Rights to Mount Sinai's Lab100

- Onegevity Health announced it has acquired global licensing rights to Mount Sinai’s Lab100 clinic that uses precision diagnostics to empower patients and help scientists advance our understanding of human health. - Clinic and research lab offers patients access to comprehensive health assessment, expands clinical understanding of disease prevention and provides a wealth of health outcomes data. Today, NYC-based health tech company, Onegevity Health, announced it acquired the global
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CHG Healthcare Acquires Physician Credentialing Company Modio Health

by Fred Pennic 10/21/2019 Leave a Comment

Change Healthcare Acquires Physician Credentialing Company Modio Health

- CHG Healthcare has acquired physician credentialing company Modio Health for an undisclosed term. - Modio and CHG are combining forces to improve credentialing for CHG employees and the thousands of providers and healthcare facilities it works with, making the process faster, safer, and more cost-effective.Healthcare staffing company CHG Healthcare has acquired Modio Health, a San Francisco, CA-based physician credentialing provider. The acquisition will improve credentialing for Change
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Partners HealthCare Launches $80M Investment Funds Towards AI & Digital Translation

by Fred Pennic 10/21/2019 Leave a Comment

Partners HealthCare Transitions to Medicare Shared Savings Program (MSSP)

- Partners HealthCare launches two new investment funds aimed at addressing the lack of translational funding in pre-clinical life sciences, Artificial Intelligence (AI) and digital technology development. - The Partners HealthCare Artificial Intelligence and Digital Translation Fund (AIDIF) has an initial funding of $30M over five years and the Translational Innovation Fund (TIF) has funding of $50M over six years.Partners HealthCare today announced the creation of two new investment venture
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Cleveland Clinic, American Well Launches New Company to Offer Virtual Visits

by Fred Pennic 10/21/2019 Leave a Comment

Cleveland_Clinic

- Cleveland Clinic and American Well form a new joint venture, The Clinic, to distribute comprehensive health services through virtual visits. - Through a secure digital platform powered by American Well, people from around the world will be able to connect with Cleveland Clinic's leading specialists and receive insights, opinions, recommendations, and assistance for a variety of conditions.Cleveland Clinic and American Well are partnering on a first-of-its-kind initiative to provide broad
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