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Fred Pennic, Editor-in Chief | HIT Consultant

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

Nuance Launches AI-powered Radiology Reporting Platform, PowerScribe One

by Fred Pennic 11/25/2018 Leave a Comment

Nuance Adds Reporting, Advanced Lung Cancer Screening Registry to Radiology Solution

Nuance announced the introduction of PowerScribe One, a radiology reporting platform that harnesses Nuance’s advanced natural language understanding capabilities and cloud technology at RNSA18. The  PowerScribe One platform delivers AI-powered diagnostic and decision-support tools to improve radiologists’ workflow efficiency and accuracy, ultimately advancing disease detection, diagnosis, and treatment.PowerScribe One OverviewPowerScribe One is the next generation of the industry’s most widely
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8 Common Characteristics of Successful Standalone Hospitals

by Fred Pennic 11/24/2018 Leave a Comment

8 Common Characteristics of Successful Standalone Hospitals

The Chartis Group shares 8 characteristics of successful independent hospitals and provides an assessment for hospital executives. Over the last 20 years, the percentage of U.S. hospitals over 200 beds, that are part of health systems, has risen from 56 percent to 77 percent. This trend continues as local regional and national health systems expand in search of greater scale, financial stability, and market presence. This seemingly inexorable trend towards systems expansion has caused industry
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Medtronic Acquires Nutrino Health to Integrate Diabetes Capabilities with Nutritional Data

by Fred Pennic 11/23/2018 Leave a Comment

3 Strategic Insider Tips to Follow When Selling Your Digital Health Startup

Medtronic acquires Nutrino Health to augment diabetes capabilities with Nutrino’s nutritional database and data science. Medtronic, a provider of medical technology announced it will acquire Tel Aviv-based Nutrino Health, a provider of nutrition-related data services, analytics, and technologies. For Medtronic, the acquisition is an opportunity to improve clinical outcomes for people with diabetes through the integration of Nutrino’s extensive food analysis infrastructure, nutrition science
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Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform

by Fred Pennic 11/19/2018 Leave a Comment

Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform

Jump Technologies, a hospital supply chain solutions provider, today announced it has raised $2 million in funding led by Black Granite Capital and includes new strategic investor Mount Sinai Ventures and reinvestment by two large investors. The Eagan, MN-based company plans to use the latest round of funding to expand the company’s national sales efforts and support broader product development.Supply Chain Management Is Often Overlooked in HospitalsInventory management in hospitals is often
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Wake Forest Baptist Health Launches Tele-ICU Services for Real-Time Clinical Data

by Fred Pennic 11/16/2018 Leave a Comment

Wake Forest Baptist Health Launch Tele-ICU Services for Real-Time Clinical Data

Wake Forest Baptist Health, an academic medical center and healthcare system based in Winston-Salem, NC has announced the launch of tele-ICU services at three hospitals within the health system through Advanced ICU Care. Advanced ICU Care’s high-acuity telemedicine services treat more ICU patients and save more lives than any other independent tele-ICU provider in the nation. Tele-ICU Services Supports ICU Care Delivery at System HospitalsWake Forest Baptist Health’s ICUs will be monitored
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RenalytixAI Lands $29M for AI-Driven Kidney Disease Diagnosis Platform, Will Launch Product with Mount Sinai in 2019

by Fred Pennic 11/15/2018 Leave a Comment

RenalytixAI Lands $29M for AI-Driven Kidney Disease Diagnosis Platform, Will Launch Product with Mount Sinai in 2019

RenalytixAI, an NYC-based developer of artificial intelligence-enabled clinical diagnostics for kidney disease, today announced it raised $29 million in funding to support the development and commercialization of two product categories for the early detection of kidney disease and accurate management of kidney transplant rejection. Following the successful completion of its fundraising on November 6, 2018, RenalytixAI started trading publicly on AIM, a market of the London Stock Exchange. Kidney
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CareCloud Expands Revenue Cycle Management Offerings for Accurate Billing & Faster Payments for Practices

by Fred Pennic 11/15/2018 Leave a Comment

CareCloud Expands Revenue Cycle Management Offerings for Accurate Billing & Faster Payments for Practices

CareCloud, the platform for high-growth medical groups, today announced that it has expanded its revenue cycle management (RCM) services to help practices realize greater productivity and revenue gains through more accurate billing and faster payments. Starting today, current CareCloud clients may now add an additional payment posting service layer on top of their CareCloud practice management or electronic health record software subscription. Through this service, CareCloud will make sure every
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Teladoc Health, USC Launch 5-Year Virtual Care Prescribing Study

by Fred Pennic 11/14/2018 Leave a Comment

Teladoc Rebrands as Teladoc Health to Reflect Broad Virtual Care Service Offerings

Virtual care provider Teladoc Health is teaming up the University of Southern California (USC) Schaeffer Center for Health Policy & Economics and Northwestern University, to launch a large-scale study to assess antibiotic prescribing practices in telehealth. With concerted proactive initiatives in place, including both provider and member education programs, prescribing rates fall at or below the industry average. Researchers will now look to build on this work, accessing the organization’s
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UCSF Launches SUGAR Clinical Trial Study to Compare Livongo’s Diabetes Management Program to Standard Diabetes Care

by Fred Pennic 11/14/2018 Leave a Comment

UCSF Launches SUGAR Clinical Trial Study to Compare Livongo’s Diabetes Management Program to Standard Diabetes Care

Applied Health Signals company Livongo Health, today announced the launch of the Study to Understand Gaining Access to Blood Glucose Records (SUGAR), or SUGAR study, a randomized controlled trial in collaboration with the University of California, San Francisco (UCSF). The aim of the clinical trial is to measure the impact of the Livongo for Diabetes program compared to the average standard of care approach to diabetes management utilizing a traditional Bluetooth glucose meter. SUGAR Study
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Seniors Can Now Dial 0 Through Their Jitterbug Phone for Lyft Rides Nationwide

by Fred Pennic 11/13/2018 Leave a Comment

Seniors Can Now Dial 0 Through Their Jitterbug Phone for Lyft Rides Nationwide

By simply dialing "0," GreatCall customers can stay independent by scheduling Lyft rides with their Jitterbug phone without requiring a smartphone app GreatCall, today announced the nationwide availability of GreatCall Rides, a partnership with Lyft that addresses one of the top issues that seniors face: transportation. With GreatCall Rides, customers are able to stay independent by scheduling Lyft rides via a personal operator, without needing a smartphone or smartphone app.GreatCall Rides: How
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