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Fred Pennic, Editor-in Chief | HIT Consultant

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

M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M

by Fred Pennic 12/12/2018 Leave a Comment

M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M

On December 3rd, ResMed announced the acquisition of digital therapeutics maker Propeller Health for $225 million to help establish itself as a leader in COPD management across all stages of the disease. Digital medicines can help to personalize treatments, monitor patients in real-time, detect day-to-day changes in disease condition and increase patient adherence. Founded in 2010, Propeller helps people and their doctors better manage their COPD and asthma. Propeller’s digital medicine platform
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Hill-Rom and EarlySense Launch Smart Hospital Bed w/ Integrated Monitoring Technology

by Fred Pennic 12/11/2018 Leave a Comment

Hill-Rom and EarlySense Launch Smart Hospital Bed w/ Integrated Monitoring Technology

Hill-Rom, a global provider of medical technologies and the world’s leading hospital bed manufacturer, today announced that EarlySense, the market leader in contact-free continuous monitoring solutions across the care continuum, has integrated its continuous contact-free heart rate and respiratory rate sensing and analytics technology into Hill-Rom’s Centrella® Smart+ bed platform.The Rise of the Smart Hospital BedThe hospital bed -a consistent fixture in every hospital room- now takes on an
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NewYork-Presbyterian Hospital Inks 10-Year Contract with Philips to Deploy Clinical Informatics Solution

by Fred Pennic 12/11/2018 Leave a Comment

NY-Presbyterian Hospital Inks 10-Year Contract with Philips to Deploy Clinical Informatics Solution

Today, Philips announced that NewYork-Presbyterian Hospital has chosen to implement IntelliSpace Enterprise Edition solution across its hospitals and facilities. In a 10-year agreement, IntelliSpace Enterprise Edition will provide the health system with access to Philips’ full suite of informatics solutions across radiology, cardiology, and analytics to help improve efficiencies and care delivery. Implementation DetailsNewYork-Presbyterian is one of the nation’s most comprehensive, integrated
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HSHS integrates SeamlessMD with Epic EHR Using New SMART on FHIR

by Fred Pennic 12/10/2018 Leave a Comment

HSHS integrates SeamlessMD with Epic EHR Using New SMART on FHIR

Hospital Sisters Health System (HSHS) has announced its first ever integration using the new SMART on FHIR platform with Epic and SeamlessMD to deliver a unified experience for patient engagement. Starting with the Prairie Heart Institute at HSHS St. John’s Hospital, the health system is using SeamlessMD within the EpicCare environment to deliver patient engagement, enable care management, and leverage artificial intelligence to improve patient outcomes.Since 2017, Prairie Heart Institute has
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Dutch Startup Launches First Cancer Fatigue App to Support Cancer Patients & Survivors

by Fred Pennic 12/06/2018 Leave a Comment

Dutch Startup Launches First Cancer Fatigue App to Support Cancer Patients & Survivors

Tired of Cancer, a Dutch-based digital health startup whose mission to help as many cancer patients and survivors fight cancer-related fatigue (CRF), today announced the first mobile app to address CRF. Now available for free, the Untire app is the first digital solution to support the 30-40% cancer patients and survivors suffering from cancer fatigue worldwide.Fatigue: The Most Common Side Effect of CancerCRF, characterized by feelings of exhaustion and weakness is the most common side effect
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Imprivata Integrates with DigiCert to Enable Fully Integrated Remote Identity Proofing for EPCS

by Fred Pennic 12/05/2018 Leave a Comment

The Imprivata Report on the Economic Impact of Inefficient Communications in Healthcare

Health IT security company Imprivata, today announced a new collaboration with DigiCert, a leading provider of TLS/SSL, IoT and other PKI solutions and a federally approved certificate authority (CA), to deliver a streamlined, fully integrated workflow for remote identity proofing to support customers meeting U.S. Drug Enforcement Agency (DEA) requirements for electronic prescribing for controlled substances (EPCS).Growing Importance of EPCS Amidst the Opioid CrisisEPCS continues to gain
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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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