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Fred Pennic, Editor-in Chief | HIT Consultant

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

Verato Raises $10M to Eliminate Duplicate Medical Records with Patient Matching Technology

by Fred Pennic 01/07/2019 Leave a Comment

Verato Raises $10M to Eliminate Duplicate Medical Records with Patient Matching Technology

Verato, a McLean, VA-based provider of cloud-based patient matching and master patient index (MPI) technology, today announced that it has raised $10 million in Series C financing led by existing investors Bessemer Venture Partners and Columbia Capital with participation from Blue Heron Capital and California Health Care Foundation.  The company plans to use the latest round of funding to accelerate the adoption of Verato’s revolutionary new technology by all segments within healthcare –
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VRHealth Launches First Telehealth VR Medical Platform

by Fred Pennic 01/07/2019 Leave a Comment

VRHealth Launches First Telehealth VR Medical Platform

VRHealth, a Boston and Israel-based digital health company providing specialized virtual reality (VR) technology solutions and data analysis, today announced the launch of the first telehealth-VR medical platform that includes apps specifically designed for consumers to use at home.  VR Health is participating in AARP Innovation Labs. As part of the company’s collaboration with AARP, VRhealth has a residency in AARP Innovation Lab and is integrating core features of its product into the “Health
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Cerner, CoverMyMeds Integrate to Improve Prescription Price Transparency at Point of Care

by Fred Pennic 01/03/2019 Leave a Comment

Electronic Prescriptions for Controlled Substances

Cerner, today announced a new collaboration with CoverMyMeds to integrate patient-specific information into the EHR for providers to review prescription pricing information with their patients at the point of care. Prescription price transparency can help simplify conversations between individuals and their providers to create personalized care plans that meet a person’s medical and financial needs.Integration BenefitsWhen implemented, providers will be able to view prescription benefit
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3 Use Cases for Utilizing Blockchain Technology in Small Practices

by Rahul Kumar, Analyst at Software Advice 12/27/2018 Leave a Comment

How Blockchain Technology Could Help Prevent Medical Fraud

Until a couple of years ago, "blockchain" was a buzzword in financial circles, especially regarding cryptocurrencies. But that's no longer the case—blockchain technology is set to disrupt major industries such as healthcare, legal, education, banking, real estate, data security, and even the government.The blockchain is expected to completely redesign the DNA of healthcare delivery systems in the coming years. The global blockchain market for healthcare is forecast to rise to $1.4 billion by
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Ochsner to Deliver Remote Monitoring Service to Cardiac Implant Patients Across Southeast

by Fred Pennic 12/21/2018 Leave a Comment

Ochsner to Deliver Remote Monitoring Service to Cardiac Implant Patients

Ochsner Health System announced it will deliver remote monitoring service for patients with cardiac implants will be utilized in the throughout Louisiana, Arkansas, Mississippi, Alabama, and Georgia. The provider has signed an agreement with Geneva Health Solutions (GHS), a device data management platform and remote monitoring service for implantable cardiac devices to provide the service. The GHS system will drive full automated scheduling and reporting in collaboration with Ochsner’s Epic
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Johns Hopkins Deploys Nuance’s AI-Powered Clinical Documentation to Combat Clinician Burnout

by Fred Pennic 12/21/2018 Leave a Comment

Nuance Dragon Medical One

Nuance announced that Johns Hopkins has implemented Nuance’s conversational AI-powered clinical documentation solutions, including Dragon Medical One and Dragon Medical Advisor, to advance its “Joy at Johns Hopkins Medicine” initiative to help combat physician burnout. Nuance’s solutions are purpose-built to augment the physician’s role and reduce clinical documentation time, placing a greater emphasis on meaningful patient-provider interactions.Combatting Clinician BurnoutBurnout is an
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Walgreens, Verily Partner on Medication Adherence Pilot, Virtual Diabetes Program

by Fred Pennic 12/20/2018 Leave a Comment

The Walgreens-VA Partnership Demonstrates the Benefits of EHRs

Walgreens Boots Alliance and Verily, an Alphabet company, announced they will collaborate on multiple projects under a broad agreement aimed at improving health outcomes for patients with chronic conditions, while also lowering the cost of care. “We are well aligned with Walgreens on the need to develop and bring to market solutions that help people better engage with their health and manage their chronic conditions. This relationship affords us the opportunity to jointly tackle real-world
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3M to Acquire M*Modal’s Technology Business for $1B

by Fred Pennic 12/20/2018 Leave a Comment

M*Modal Will Receive Approval to Emerge From Chapter 11

3M announced a definitive agreement to acquire the technology business of M*Modal, for a total enterprise value of $1 billion dollars. M*Modal is a healthcare technology provider of cloud-based, conversational Artificial Intelligence (AI)-powered systems that help physicians efficiently capture and improve the patient narrative so they can spend more time with their patients and provide a higher quality of care.M*Modal Acquisition DetailsAs part of the acquisition, 3M will maintain a strategic
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PeaceHealth to Acquire On-Demand Healthcare Provider ZOOM+Care

by Fred Pennic 12/19/2018 Leave a Comment

PeaceHealth to Acquire On-Demand Healthcare Provider ZOOM+Care

PeaceHealth to acquire ZOOM+Care to expand access to on-demand primary and specialty care for patients across the Pacific Northwest. PeaceHealth, a Vancouver, WA-based nonprofit Catholic health system serving the Pacific Northwest community, today announced it will acquire ZOOM+Care, a provider of on-demand retail and digital healthcare services including telemedicine. The acquisition increases access to a continuum of care that offers consumers in Oregon and Washington with more choice and
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Atrium Health Appoints Rasu B. Shrestha, MD as New Executive VP & Chief Strategy Officer

by Fred Pennic 12/18/2018 Leave a Comment

Atrium Health Appoints Rasu B. Shrestha, MD as New Executive VP & Chief Strategy Officer

Atrium Health, previously Carolinas HealthCare System, today announced the appointment of former University of Pittsburgh Medical Center (UPMC) chief innovation officer Rasu B. Shrestha, MD, MBA as the new executive vice president and chief strategy officer. In his new role, Dr. Shrestha will focus on leading enterprise strategy, including planning and tactical direction for Atrium Health's strategic roadmap. In addition, he will spearhead a renewed focus on innovation, launching new healthcare
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