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Fred Pennic, Editor-in Chief | HIT Consultant

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

Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

by Fred Pennic 06/20/2019 Leave a Comment

Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

Medable Inc., a Silicon Valley-based provider of data driven and digitally enabled clinical trials has announced the launch of their global Trial-Fit™ Telemedicine Solution designed to address critical trial barriers of low patient retention and lack of access. Medable’s Trial-Fit Telemedicine enables sites all over the world to conduct secure, HIPAA-compliant video consultations with clinical study participants in an integrated eCOA solution. Medable telemedicine is the only integrated,
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Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health

by Fred Pennic 06/19/2019 Leave a Comment

Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health

Vida Health, a personalized virtual care platform for physical and behavioral health has raised $30M in Series C funding from strategic investors including GuideWell Mutual Holding Corporation, Teladoc Health, and Workday Ventures. Existing investors from previous rounds also participated.Impact of Chronic Disease in the U.S.Sixty percent of adults in the United States have one chronic disease, and 40% have two or more. More than 68% of adults with a mental health condition have at least one
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Fundamental Surgery Appoints Mayo Clinic Surgeon to Global Medical Panel

by Fred Pennic 06/19/2019 Leave a Comment

Fundamental Surgery Appoints Mayo Clinic Surgeon to Global Medical Panel

Today, Fundamental Surgery, the innovative surgical training platform that combines virtual reality with haptics (the sense of touch), announced Dr. David R. Farley as the newest member of their Global Medical Panel.Dr. Farley is a surgical consultant in the Department of Surgery at Mayo Clinic, who holds the academic rank of professor of surgery, Mayo Clinic College of Medicine and Science with a focus on general, endocrine, breast and minimally invasive surgery disciplines. He has helped train
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Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

by Fred Pennic 06/18/2019 Leave a Comment

Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

VirtualHealth, a NYC-based care management platform, today announced it has closed a Series B financing round bringing the total amount raised by the company to more than $25 million. Led by Edison Partners and existing investors, the latest funding provides strategic capital to fuel the company’s rapid growth and product innovations.One Platform for the Entire Care TeamFounded in 2012, the VirtualHealth HELIOS solution is the first comprehensive care management platform purpose-built to provide
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Mount Sinai, Philips, LabCorp to Launch Digital & AI-Enabled Pathology Center of Excellence

by Fred Pennic 06/18/2019 Leave a Comment

Mount Sinai, Philips, LabCorp to Launch Digital & AI-Enabled Pathology Center of Excellence

Mount Sinai, LabCorp, and Philips announced they are collaborating to establish the Mount Sinai Digital and Artificial Intelligence (AI)-Enabled Pathology Center of Excellence. The new center will feature the Philips IntelliSite Pathology Solution, the first digital pathology system FDA approved for primary diagnostic use, which will help the organizations enhance the quality and lower the costs of patient care.Role of LabCorpLabCorp will lead the integration of Philips’ system at Mount Sinai,
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Centene Leads $60M Round for Behavioral Health Platform Quartet

by Fred Pennic 06/14/2019 Leave a Comment

Centene Leads $60M Round for Behavioral Health Platform Quartet

Quartet, an NYC-based innovative healthcare technology, and services company has announced a strategic partnership with Centene Corporation to ensure the most vulnerable populations have access to mental healthcare. In addition, Quartet has raised $60 million in Series D funding led by Centene Corporation, and returning investors F-Prime Capital Partners, GV (formerly Google Ventures), Oak HC/FT, and Polaris Partners. The latest round brings total funding raised to date to $153M.Growing Focus on
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R1 RCM, Intermountain Opens Technology and Innovation Center

by Fred Pennic 06/14/2019 Leave a Comment

R1 RCM, Intermountain Opens Technology and Innovation Center

On Tuesday, R1 RCM announced the grand opening of its new Salt Lake City Technology and Innovation Center in collaboration with Intermountain Healthcare. This state-of-the-art facility will be the first of its kind to test and develop new technology to redefine the healthcare revenue cycle process and the patient financial experienceThe grand opening event brought together R1 and Intermountain Healthcare leaders, community business leaders, and local nonprofit organizations for a ribbon cutting,
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IBM, KPMG, Merck and Walmart to Launch FDA Blockchain Pilot Program

by Fred Pennic 06/13/2019 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

IBM, KPMG, Merck, and Walmart today announced that the companies have been selected by the United States Food and Drug Administration (FDA) to be included in a blockchain pilot program in support of the U.S. Drug Supply Chain Security Act (DSCSA) that addresses requirements to identify, track and trace prescription medicines and vaccines distributed within the United States.Pilot Program OverviewThe FDA pilot program is intended to evaluate the use of blockchain technology to assist drug supply
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Revenue Cycle Startup Nym Lands $6M for Autonomous Medical Coding Solution

by Fred Pennic 06/13/2019 Leave a Comment

Revenue Cycle Startup Nym Lands $6M for Autonomous Coding Technology

Nym, an Israeli-based autonomous medical coding technology provider announced that it has secured a $6 million seed funding, led by Bessemer Venture Partners. Founded in 2018 by Amihai Neiderman and Adam Rimon, Nym’s automatic medical language understanding technology streamlines the hospital revenue cycle.Traditional Cumbersome Medical Coding ProcessThere are over 250,000 medical coders in the United States today manually reviewing patient charts and assigning the applicable medical codes
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Women’s Health Network to Launch AI- Enabled Digital Voice Assistant for its 1500 Physicians

by Fred Pennic 06/13/2019 Leave a Comment

Women’s Health Network to Launch AI- Enabled Digital Voice Assistant for its 1500 Physicians

National women’s health network Unified Physician Management (Unified) announced that it is teaming up with Suki to offer an artificial intelligence-powered, voice-enabled digital assistant to its national network of women’s health care providers. Suki uses a combination of voice commands from physicians and the context in which they practice to create a clinically accurate note that is then sent to an electronic health record (EHR) system.Unified LocationsUnified has medical practice
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