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Fred Pennic, Editor-in Chief | HIT Consultant

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

Curavi Acquires Post-Acute Telemedicine Provider Platform TripleCare

by Fred Pennic 12/04/2018 Leave a Comment

Curavi Acquires Post-Acute Telemedicine Provider Platform TripleCare

Curavi Health Inc., a comprehensive telemedicine solution for the nursing home today announced the acquisition of TripleCare, a Long Island City, New York-based provider of telemedicine solutions for the post-acute, long-term care industry, including skilled nursing facilities. For Curavi, the acquisition positions itself as a leader in the telemedicine market for the post-acute care space.Triple Care OverviewSimilar to Curavi, TripleCare uses a comprehensive telemedicine platform to give
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ResMed to Acquire Propeller Health for $225M, Will Operate as Standalone Business

by Fred Pennic 12/03/2018 Leave a Comment

RESMED to acquire Propeller Health

ResMed to acquire digital therapeutics maker Propeller Health for $225 million, establishing itself as a leader in COPD management.ResMed, a provider of cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions, today announced it has entered a definitive agreement to acquire digital therapeutics startup Propeller Health for $225M. For ResMed, the acquisition will help establish the company as a leader in COPD management across all stages of the
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KLAS Report: Cerner and Epic Most Widely Adopted Clinical Surveillance Tools

by Fred Pennic 11/30/2018 Leave a Comment

KLAS: Cerner and Epic Leaders in Adoption of Clinical Surveillance Tools

Cerner and Epic are the only vendors by KLAS validated as having extensive adoption of their clinical surveillance tools, according to a new KLAS report. For the report, KLAS conducted interviews with healthcare professionals for their insights on vendors providing clinical surveillance tools. KLAS validated that a wide number of clinical surveillance tools are currently in place and that provider organizations are using them for many different use cases; however, some vendors do not currently
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Robotic Process Automation Saves Steward Health Care Systems $2.75M in Operational Costs

by Fred Pennic 11/30/2018 Leave a Comment

Robotic Process Automation Saves Steward Health Care Network $2.75M in Operational Costs

The use of Robotic Process Automation (RPA)-a robotics precursor to artificial intelligence in the past two years has led to drastic improvements in productivity at Steward Health Choice Network (SHCN) Health Plan Division, a division of Steward Health Care Systems. Steward Health Choice Network (SHCN) implemented RPA. Within 30 days of implementing its first RPA script, SHCN began realizing an ROI. Since that time, the labor automation—Foxtrot RPA from EnableSoft—has processed 4.5 million
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Bright Health Raises $200M to Expand Care Partner Health Plan Model

by Fred Pennic 11/30/2018 Leave a Comment

Bright Health Raises$200M to Expand Care Partner Health Plan Model

Bright Health, a provider of exclusive Care Partner Health Plans for everyday individuals at competitive prices has raised $200M in Series C funding. Investors in the Series C round includes two new investors, Declaration Partners and Meritech Capital, as well as existing investors Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates (NEA), Redpoint Ventures, and Town Hall Ventures. The insurance tech startup plans
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2018 Patient Access Journey Report: 6 Patient Access Trends to Watch

by Fred Pennic 11/29/2018 Leave a Comment

2018 Patient Access Journey Report: 6 Patient Access Trends to Watch

The annual survey from Kyruus Highlights patient access trends & opportunities for health systems to differentiate with a comprehensive and cohesive patient access strategy. Within a relatively short number of years, patient experience has become a top priority for many healthcare organizations as consumerism continue to grow in healthcare. However, with so many players involved in delivering patient care, health systems are at a disadvantage relative to organizations in other industries
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Revenue Cycle Startup Medpilot Nabs $1.7M to Expand Patient Financial Engagement Platform

by Fred Pennic 11/29/2018 Leave a Comment

Revenue Cycle Startup Medpilot Nabs $1.7M to Expand Patient Financial Engagement Platform

MedPilot, a patient financial engagement platform working with outpatient facilities, hospitals, revenue cycle management companies, and practice management systems, announced it has raised $1.7 million in funding led by Hudson River Capital Partners, Valley Growth Ventures, Cedars-Sinai, TechStars, and investor Tom Hirschfeld. MedPilot’s will use the latest round of funding to further bolster their team and roll out additional new functionality in their patient financial engagement platform for
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BD Expands Integrated Medication Management to Help Tackle Hospital Drug Diversion

by Fred Pennic 11/29/2018 Leave a Comment

Drug Pricing Transparency: Can Health IT Lower Drug Pricing for Patients?

The news is full of stories about the opioid crisis and its impact on American society. Healthcare organizations are not immune to this crisis. High-stress jobs, injuries, and greater access to drugs are some of the key factors that contribute to “drug diversion” in hospitals, which can lead to serious patient safety issues, harm to the diverter, and significant liability risk to the organization. Analytics are transforming healthcare -- and because there are many points where diversion may
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Nuance Unveils AI Marketplace for Diagnostic Imaging

by Fred Pennic 11/26/2018 Leave a Comment

Nuance Unveils AI Marketplace for Diagnostic Imaging

Today at RSNA, Nuance announced that their AI Marketplace for Diagnostic Imaging, the first workflow-integrated marketplace, has mobilized a collaborative community of developers, researchers and technology leaders to build, test, validate, and share algorithms for radiology. This community can seamlessly create, distribute, and utilize continuously learning algorithms for 25,000 radiologists across 5,500 connected healthcare facilities.Nuance AI Marketplace for Diagnostic Imaging OverviewThe AI
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Ambra Health and Google Cloud Partner to Leverage AI with Secure Access to Medical Imaging for Researchers

by Fred Pennic 11/26/2018 Leave a Comment

Ambra Health's New App Offers Providers Instant Access to Medical Images

Ambra Health, makers of the leading cloud-based, medical image management suite, today announced a new collaboration with Google Cloud to advance healthcare research with anonymized medical imaging data. The partnership will leverage Google Cloud’s Healthcare API for their Ambra Health Cloud PACS solution for Google Cloud allows researchers to turn data into insights by easily de-identifying patient medical imaging data for use in research studies. Anonymized Medical Imaging DataIn order for
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