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Fred Pennic, Editor-in Chief | HIT Consultant

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

LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

by Fred Pennic 05/08/2019 Leave a Comment

LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

LunaPBC, founder of LunaDNA, the first community-owned genomic and health data platform, has raised $4.6 million from ARCH Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures, and Osage University Partners. The latest round brings the company’s total funding to date to $7.6 million. First Community-Owned Health & DNA Research Platform Founded in 2017 on the belief that health data sharing and community ownership are the new philanthropy, LunaDNA is the first
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Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

by Fred Pennic 05/08/2019 Leave a Comment

Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

Velano Vascular, a San Francisco, CA-based vascular access technology innovator today announced that it has raised $10 million from strategic investor Intermountain Healthcare following the system’s rollout of the PIVO™ needle-free blood collection technology. The funding also included participation from Becton Dickinson’s former Chairman and CEO Edward Ludwig; notable entrepreneur, investor, and health sector philanthropist Marc Benioff; Baxter International’s former Chairman and CEO Robert
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Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

by Fred Pennic 05/07/2019 Leave a Comment

Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

Clinical operations function makes the highest use of artificial intelligence (AI) (61%), followed by pharmacovigilance/safety/risk management (57%), and information technology (IT) (55%), according to an analysis recently completed by the Tufts Center for the Study of Drug Development. The analysis, summarized in the May/June Tufts CSDD Impact Report, reveals the pharmaceutical industry is adopting artificial intelligence (AI) on numerous fronts, from discovery and clinical development to risk
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Kaiser Permanente Launches EHR Integrated Social Health Network to Address SDoH

by Fred Pennic 05/07/2019 Leave a Comment

Kaiser Permanente Launches EHR Integrated Social Health Network to Address SDoH

Kaiser Permanente is partnering with social coordination platform Unite Us to launch a comprehensive health network called Thrive Local. The social health network will connect healthcare and social services providers to address the pressing social needs including housing, food, safety, utilities and more for millions of people across the United States.In addition to being integrated into Kaiser Permanente's Epic electronic health record (EHR) system to comprehensively serve its members, Thrive
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Brightree Integrates With CommonWell to Improve Post-Acure Care Interoperability

by Fred Pennic 05/07/2019 Leave a Comment

Brightree Integrates With CommonWell to Improve Post-Acure Care Interoperability

SaaS provider Brightree announced plans to connect its tens of thousands of home health and hospice customers with 50,000+ provider locations and health systems around the country via the CommonWell Health Alliance, and through CommonWell to Carequality. As the first CommonWell integration focused solely on post-acute care, this is a major milestone in improving interoperability for post-acute care providers and their patients, solving for the “black-hole” phenomenon that occurs when patients
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Vericred Launches Medicare Advantage API to Support Insur Tech & Digital Health Companies

by Fred Pennic 05/06/2019 Leave a Comment

Vericred Launches Medicare Advantage API to Support Insur Tech & Digital Health Companies

Vericred, an NYC-based data services platform powering the digital distribution of health insurance and employee benefits, announced today a Medicare Advantage rating API enabling InsurTech and digital health companies to build innovative solutions that serve the fast-growing Medicare-eligible population.Growth of Medicare Advantage PlansMedicare Advantage – also known as Medicare Part C – is a program in which individuals who qualify for Medicare enroll in certified health plans offered by
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5 Opportunities to Increase Electronic Exchange of Medical Documentation

by Fred Pennic 05/06/2019 Leave a Comment

5 Opportunities to Increase Electronic Exchange of Medical Documentation

Today, 84 percent of “attachments” sharing medical information between providers and health plans are exchanged through mail or fax, resulting in administrative inefficiency and delays in patient care, according to a new white paper released by CAQH CORE. The white paper, “CAQH CORE Report on Attachments: A Bridge to a Fully Automated Future to Share Medical Documentation“ highlights challenges associated with the exchange of medical information and supplemental documentation used for healthcare
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Pfizer, McKesson, Others Join MediLedger’s Blockchain Project Working Group

by Fred Pennic 05/06/2019 Leave a Comment

Pfizer, McKesson, Others Join MediLedger’s Blockchain Project Working Group

Leading life sciences and healthcare companies Pfizer Inc., McKesson Corporation, AmerisourceBergen Corporation, and Premier Inc. have joined the MediLedger Project Contracting and Chargebacks working group, a second working group running in parallel to the ongoing DSCSA working group started in 2017. MediLedger is an initiative of Chronicled, Inc., a San Francisco-based technology company, that builds blockchain-powered ecosystems and supply chain solutions.Network VisionMediLedger uses
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Telepsychiatry Improves Access to Mental Healthcare in Rural Areas, Study Finds

by Fred Pennic 05/03/2019 Leave a Comment

Telepsychiatry Improves Access to Mental Health Care in Rural Areas

A new study by Genoa Healthcare and Relias found that combining telepsychiatry with in-person visits improved the timeliness of care and increased the number of regular psychiatric appointments for people with severe mental illness in non-metropolitan areas where provider resources tend to be scarce. Study Key FindingsRecently published in the American Psychological Association’s Journal of Rural Mental Health, the peer-reviewed study analyzed data from 242 Medicaid patients in rural Missouri
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FDA Grants Breakthrough Designation to RenalytixAI for AI-Enabled Diagnostic for Kidney Disease

by Fred Pennic 05/03/2019 Leave a Comment

RenalytixAI Lands $29M for AI-Driven Kidney Disease Diagnosis Platform, Will Launch Product with Mount Sinai in 2019

RenalytixAI, a developer of artificial intelligence-enabled clinical diagnostics for kidney disease, today announced that it has been granted Breakthrough Device designation by the U.S. Food and Drug Administration (FDA), for its lead diagnostic, KidneyIntelX™. This is the first such designation for an AI-enabled diagnostic for kidney disease publicly announced by any company.FDA Breakthrough Devices Program OverviewThe FDA’s Breakthrough Devices Program is a voluntary program for certain
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