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Fred Pennic, Editor-in Chief | HIT Consultant

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

Current State of Value-based Care in Oncology: 13 Key Trends to Know

by Fred Pennic 03/22/2019 Leave a Comment

Value-Based Health Care is Antithetic to Patient-Centered Care_ Value-based Care in Oncology

New data on the state of value-based care in oncology has found that while community oncologists are optimistic about the beneficial potential of value-based care, they see a conflict between the need to decrease episode costs and the rising prices of the most innovative novel therapies. In an effort to dig deeper into current attitudes toward new value-based reimbursement models and novel therapies in cancer care, Integra Connect surveyed leaders and decision-makers in oncology practices.
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Chilmark: 2019 Healthcare Provider Analytics Market Trends Report

by Fred Pennic 03/22/2019 Leave a Comment

Chilmark 2019 Healthcare Provider Analytics Market Trends Report,

Healthcare providers are recognizing the value of increasing volumes of data they hold and expanding their use of mainstream and advanced analytics solutions to more use cases and more user groups Vendor analytics and reporting solutions are rapidly evolving to serve provider needs for enterprise performance management (EPM), according to Chilmark's latest report. While value-based care (VBC) initiatives remain the driving business reason for analytics adoption, leading healthcare organizations
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Vixiar Medical Nabs $1.5M to Expand Hand-Held Devices for Cardiac Monitoring

by Fred Pennic 03/21/2019 Leave a Comment

Vixiar Medical Nabs $1.5M to Expand Hand-Held Device for Cardiac Monitoring

Vixiar Medical, Inc., a Baltimore, Maryland-based company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases has raised $1.5 million from new and existing investors. New investors joining in this round included Emerald Development Managers, MMG Opportunities and several individual investors. Existing investors included The Maryland Technology Development Corporation (TEDCO) through its seed fund, the Abell Foundation, individual investors and
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HLTH, Boston Children’s Partner to Explore Impact of Voice Technology in Healthcare

by Fred Pennic 03/21/2019 Leave a Comment

HLTH, Boston Children’s Partner to Explore Impact of Voice Technology in Healthcare

HLTH, a conference focused on health innovation, today announced a partnership with Boston Children's Hospital to explore the impact of voice technology in healthcare. As part of the partnership, HLTH will feature a Voice.HLTH track, a voice hackathon as part of HACK/HLTH and a showcase exploring the impact of voice technology in healthcare.The Voice Technology in Healthcare Initiative, born out of Boston Children's Hospital Innovation & Digital Health Accelerator, seeks to accelerate the
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Cambia Health Forms Da Vinci Project to Improve Health Data Sharing in Value-based Care Arrangements

by Fred Pennic 03/21/2019 Leave a Comment

Cambia Health Forms Da Vinci Project to Improve Health Data Sharing in Value-based Care Arrangements

  Cambia Health Solutions has announced new partnerships with two major provider networks to deliver data interoperability use cases as part of the Da Vinci Project. In collaboration with Oregon Health & Science University (OHSU) and MultiCare Connected Care (MCC), Cambia is building resources to enable critical data exchange in real-time, offering better communication, more efficient care, and less administrative burden for providers.   Da Vinci Project Overview   Founded by
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Hackensack Meridian Health Expands $25M Healthcare Innovation Program to all Network Hospitals

by Fred Pennic 03/20/2019 Leave a Comment

Hackensack Meridian Health Expands Healthcare Innovation Program to all Network Hospitals

  Hackensack Meridian Health, New Jersey’s largest and most integrated health network is expanding their healthcare innovation program, Bear’s Den, to all hospitals to encourage the network’s 34,000 team members to bring forth their best ideas to transform care delivery and enhance patient satisfaction.   Bear's Den Overview   Launched in 2017, Bear’s Den features a panel of experts, including CEO Robert C. Garrett, leading physicians, key network executives, venture capitalists,
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OptiScan Biomedical Nabs $20M for FDA-Cleared Continuous Glucose Bedside Monitor for ICU

by Fred Pennic 03/20/2019 Leave a Comment

OptiScan Biomedical Nabs $20M for FDA-Cleared Continuous Glucose Bedside Monitor for ICU

OptiScan Biomedical, a developer of an innovative continuous monitoring system for use in the surgical intensive care unit (SICU) has raised $20 million in Series E funding. The company plans to use the funding to support the commercialization of the company’s lead product, the OptiScanner 5000, in the United States. OptiScan will also use a portion of the funding to continue the expansion of the company’s OptiScanner platform to monitor additional analytes of interest for critically ill
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LifeBridge Health Taps Artifact Health to Streamline Physician Queries

by Fred Pennic 03/20/2019 Leave a Comment

AHIMA, Artifact Health Team Up for Standardized Physician Query Templates

Artifact Health, a Boulder, CO-based mobile platform that streamlines the physician query process, announced today that LifeBridge Health has selected Artifact’s solution to improve workflow for its clinicians and expedite the accurate coding of patient records. Artifact’s solution will be deployed in early spring 2019 starting at Sinai Hospital and Northwest Hospital.Transforming Time-Consuming Physician Query ProcessTraditionally, the query process is onerous and time-consuming for physicians,
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Teladoc Acquires French Telemedicine Provider MédecinDirect to Expand Global Footprint

by Fred Pennic 03/19/2019 Leave a Comment

Teladoc Acquires French Telemedicine Provider MédecinDirect to Expand Global Footprint

Virtual care provider Teladoc Health has acquired Paris, France-based telemedicine provider MédecinDirect to offer its full continuum of services to insurers and employers in Europe’s third largest market. Co-founded by François Lescure and Marc Guillemo in 2008, MédecinDirect’s accredited and mobile platform of medical expertise provides secure and completely confidential, doctors are committed to answering all medical questions by telephone and Internet seven days a week. MédecinDirect
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Amazon Choice Integrates with One Drop for Diabetes and Hypertension Management

by Fred Pennic 03/19/2019 Leave a Comment

Amazon Choice Partners with One Drop for Diabetes and Hypertension

One Drop, a provider of digital therapeutics solutions, today announced an integration partnership with Amazon’s exclusive health brand, Choice. The integration with One Drop’s app will provide Amazon’s Choice customers living with diabetes and hypertension with affordable, accessible, and comprehensive digital health management services.One Drop/Amazon Choice Integration BenefitsLaunched in late 2018, Amazon Choice was developed by Arcadia Group to offer an array of affordable medical devices
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