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Fred Pennic, Editor-in Chief | HIT Consultant

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

Cerner Names Amazon Web Services (AWS) As Preferred Cloud Provider

by Fred Pennic 07/30/2019 Leave a Comment

Cerner Names Amazon Web Services (AWS) As Preferred Cloud Provider

Cerner names Amazon Web Services (AWS) as its preferred cloud provider to power enhanced clinical experiences, etc.Cerner Corporation (CERN) today announced a multi-faceted, strategic collaboration with Amazon Web Services, Inc. (AWS), an Amazon.com company, to accelerate healthcare innovation across the globe including naming AWS its preferred cloud provider. This expanded relationship is expected to power enhanced clinical experiences, increase efficiencies by lowering operational burdens for
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Rite Aid Launches Telehealth Kiosks With RediClinic Express in Pennsylvania

by Fred Pennic 07/30/2019 Leave a Comment

Rite Aid Launches Telehealth Kiosks With RediClinic Express in Pennsylvania

  Rite Aid Corporation has announced the launch of RediClinic Express, in partnership with InTouch Health, a leading telehealth company that offers telehealth kiosks stations. As part of the partnership, Rite Aid will leverage InTouch Health's virtual care software platform, Solo by InTouch, to power the virtual health program to connect patients to clinicians via RediClinic Express kiosks located in Rite Aid stores. Patients will be able to speak with RediClinic clinicians directly via a
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HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

by Fred Pennic 07/29/2019 Leave a Comment

HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

Ciox Health, a provider of health information management solutions has raised $30 million in equity investment capital led by Merck Global Health Innovation Fund (Merck GHIF) and private equity owner New Mountain Capital.  Every record represents a real person. Each data point is a potential game-changer in someone’s life: a connection to be understood and acted upon. Ciox rapidly and securely facilitates access to clinical records on behalf of its healthcare provider customers, enabling
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UK Startup Flow Raises $1.5M for Brain Stimulation Headset, Therapy App

by Fred Pennic 07/26/2019 Leave a Comment

Flow Launches Medical-Grade Headset, Therapy App for Depression

Flow, a London-based medical device startup using a brain stimulation headset and therapy app to treat depression has raised $1.5 million in seed funding led by Khosla Ventures. In Europe, Flow has been approved as a Class II medical device intended for use as a treatment for depression – and is the first approved treatment of its kind in Europe available to buy and use at home. The investment will be used to support Flow’s European rollout, introduce Flow to healthcare clinics, and fund
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Backed by Mayo Clinic Study, Eko Launches Cardiac Remote Monitoring App, Eko Home

by Fred Pennic 07/25/2019 Leave a Comment

Eko Duo Receives FDA Clearance to Market Combined Digital Stethoscope/ECG Smart Device

Currently being used in a study by Mayo Clinic, cardiac monitoring app Eko Home enhances outpatient cardiac data collection and demonstrates real world efficacyEko, a Silicon Valley-based digital health company applying machine learning in the fight against heart disease, today announced its cardiac remote monitoring app, Eko Home. The app is a first-of-its-kind service that enables precise remote monitoring of cardiac function using ECG and heart sounds. Eko Home can be used to create drug-data
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UK Medical 3D Printing Startup axial3D Lands $3M to Support US Expansion

by Fred Pennic 07/25/2019 Leave a Comment

UK Medical 3D Printing Startup axial3D Lands $3M to Support US Expansion

axial3D, a U.K.-based, medical 3D printing company specializing in the use of patient-specific medical models to advance both standards and efficiency of surgical intervention has raised $3M in funding led by London-based Imprimatur Capital Fund Management. The round also included participation from an U.S. consortium consisting of a number of surgical angel investors, Techstart Ventures, Clarendon Fund Managers and Innovation Ulster Ltd. What is 3D Printing? 3D printing (also referred to as
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StartUp Health Adds 6 New Healthcare Transformers to its Portfolio

by Fred Pennic 07/25/2019 Leave a Comment

StartUp Health Adds 6 New Healthcare Transformers to its Portfolio

StartUp Health, a platform where health transformers, partners, customers, investors, patients, and caregivers connect and accelerate the progress of the health moonshots announced it has added six new companies to its army of Healthcare Transformers.Every quarter, StartUp Health coaches its army of Health Transformers on how to create value, amplify their story, and ultimately achieve their Health Moonshot. Each company is supported for the entire journey of their business, through multiple
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Joe Kvedar, MD Elected Next President of American Telemedicine Association

by Fred Pennic 07/25/2019 Leave a Comment

JOE KVEDAR, MD, Joe Kvedar Elected Next President of American Telemedicine Association

The American Telemedicine Association (ATA) today announced the election of Joseph C. Kvedar, MD, as President-Elect. Beginning in April 2020, Dr. Kvedar will become President for a year-long term, succeeding John Glaser, Ph.D., Executive Senior Advisor, Cerner, who will become Immediate Past President. Dr. Kvedar Background Dr. Kvedar is Vice President of Connected Health at Partners HealthCare, and Professor of Dermatology at Harvard Medical School. Dr. Kvedar previously served as President of
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Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

by Fred Pennic 07/24/2019 Leave a Comment

Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

Tenet Healthcare Corporation has announced its intention to pursue a tax-free spin-off of its revenue cycle management business unit Conifer Health as a separate, independent publicly-traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in December 2017.Spin-Off ProcessThe separation process will include a thorough review of the necessary executive leadership
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund

by Fred Pennic 07/23/2019 Leave a Comment

Health Tech VC Firm Flare Capital Partners Closes $255M Fund

Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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