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Fred Pennic, Editor-in Chief | HIT Consultant

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

Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Health Data

by Fred Pennic 07/12/2018 Leave a Comment

Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Data

 In the span of 10 years, healthcare organizations (HCOs) have gone from having very little information available for data mining to nearly drowning in vast and complex digital information. Simultaneously, the effort required to enter and clean the data has been unsustainably high, affecting clinician morale and analysts’ ability to extract insights for improving population health.All that is about to change for the better. As revealed in the latest Chilmark Research report, Natural Language
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GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

by Fred Pennic 07/12/2018 Leave a Comment

GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

Healthcare supply chain provider GHX announced that the company has entered into an agreement to acquire a majority of assets and employees from Germany-based Medical Columbus, a provider of market leading content management and healthcare procurement software across Germany, Switzerland, Austria, and the Netherlands.With this acquisition, GHX will expand its supply chain and procurement solution offering and trading partner network in key European markets. Both companies’ solutions serve
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Report: 10 Disruptive Digital Business Models for Health Insurers

by Fred Pennic 07/11/2018 Leave a Comment

Report: 10 Disruptive Digital Business Models For Health Insurers

Digital technologies will transform the health insurance business and early adopters have started to implement new digital business models with initial success, according to a new Research2Guidance report. The report reveals new digital models are changing the way the insurers interact with patients.For example, digital insurers have reworked the trust equation with the patient, outsourced much of their value chain to their members, and now know much more about them. Digital business models tend
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Candor Healthcare to Implement Medsphere EHR in New Hospitals

by Fred Pennic 07/11/2018 Leave a Comment

Medsphere OpenVista EHR

Medsphere today announced an agreement with Texas-based Candor Healthcare to implement the company's healthcare IT solutions and services.Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced that the company has reached an agreement with Texas-based Candor Healthcare to implement Medsphere healthcare IT solutions in new hospitals Candor manages. The two companies will officially kick off the
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Rimidi Raises $6.575M for Cloud-based Enterprise Solution for Diabetes Management

by Fred Pennic 07/11/2018 Leave a Comment

Rimidi Raises $6.575M for Cloud-based Enterprise Solution for Diabetes Management

Rimidi, Inc.(formerly known as Rimidi Diabetes), an Atlanta-based digital health startup that provides software and clinical analytics for chronic disease management, announced it has raised $6.575 million in Series A-1 financing, which includes a strategic investment by Eli Lilly and Company, an investment from Turner Investments, and participation from existing investors Cox Enterprises, Village Capital, The Jump Fund, and JAMB Global. The company plans to use the funding round to fuel growth
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Medtronic and UnitedHealthcare’s Value-based Relationship Results in Lower Costs, Fewer Hospital Readmissions

by Fred Pennic 07/11/2018 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

Today, Medtronic and UnitedHealthcare announced positive first-year results from their value-based relationship focused on improving health outcomes for people with diabetes. Results demonstrated cost-savings and reduced hospital admissions for UnitedHealthcare members with type 1 diabetes on Medtronic insulin pumps, when compared to other members on multiple daily injections (MDI) of insulin. Starting in 2016, more than 6,000 UnitedHealthcare members were given access to the Medtronic MiniMed
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Cedars-Sinai Accelerator Reveals 4th Class of 9 Digital Health Startups

by Fred Pennic 07/10/2018 Leave a Comment

Cedars-Sinai Accelerator Reveals 4th Class of 9 Digital Health Startups

Cedars-Sinai, today announced 9 new digital health startups selected to participate in its fourth class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Through their innovations, the companies seek to address some of healthcare’s most pressing challenges, particularly the experience of patients. The program is based in
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Change Healthcare Launches Consumer Payment Solution to Transform Their Financial Experience

by Fred Pennic 07/10/2018 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

This week, Change Healthcare unveiled Member Healthcare Payments, a consumer payment solution that enables health plans to display consolidated patient financial information in a single destination, and empower consumers to better understand and manage their healthcare finances. Additionally, Member Healthcare Payments helps health plans better support providers by collecting patient payments, which can eliminate the provider's need to collect those payments.The first health plan to utilize
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AdvancedMD Acquires NueMD to Expand Footprint by 27%

by Fred Pennic 07/09/2018 Leave a Comment

AdvancedMD Acquires NueMD to Expand Footprint by 27%

AdvancedMD, today announced it has acquired Marietta, Georgia-based Nuesoft Technologies (“NueMD”), a SaaS platform providing practice management, clinical and medical billing applications to simplify all aspects of running an independent practice. Post acquisition, AdvancedMD’s North American footprint will increase by 27%, expanding the total number of medical practice clients and practitioners to 11,000 and 33,000, respectively. AdvancedMD will retain NueMD offices in Marietta,
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Cleveland Clinic Adds EHR Data to Apple Health Records on iPhone for Patients

by Fred Pennic 07/03/2018 Leave a Comment

Cleveland Clinics Adds EHR Data to Apple Health Records on iPhone for Patients

On Tuesday, Cleveland Clinic announced that patients can now access their personal health data via the Apple Health Records on iPhone feature. The new functionality provides another convenient way for patients to access their personal health data in addition to using the Epic MyChart via computer or downloading the app. Both ways provide patients the ability to access:- Allergies- Conditions- Immunizations- Lab Results- Procedures & Vitals- Organized medical information from various
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