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Fred Pennic, Editor-in Chief | HIT Consultant

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

NYC Health + Hospitals Launches Primary Care-Centered Diabetes Management Program

by Fred Pennic 08/06/2019 Leave a Comment

NYC Health + Hospitals, the largest public health care system in the nation announced the launch of a comprehensive, primary care-centered diabetes management program. The diabetes management program includes investing in new clinical pharmacy staff, equipment, and technology to improve health outcomes and expand services through telehealth techniques for more than 60,000 New Yorkers with diabetes who receive care in the City’s public hospitals and community-based health centers.Impact of
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M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B

by Fred Pennic 08/05/2019 Leave a Comment

M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B

Guidehouse (formerly PwC’s US Public Sector business), a portfolio company of private equity firm Veritas Capital has acquired global management consulting firm Navigant Consulting, Inc. for approximately $1.1 billion. The newly combined entity will bring together each organization’s strong expertise in highly regulated industries across both the commercial and government sectors, with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National
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Accolade Acquires MD Insider for Machine Learning Physician Performance

by Fred Pennic 08/05/2019 Leave a Comment

Accolade Acquires Machine Learning Physician Performance Company MD Insider

Accolade, a Seattle-based leader in personalized advocacy solutions for employers has acquired MD Insider, a Santa Monica, CA-based provider of machine learning-enabled physician performance transparency. Enabled by the acquisition of MD Insider, Accolade is launching new solution called Accolade Total Care that combines data-driven physician quality insights with cost transparency to ensure members have the best health outcomes while reducing costs for them and their employers.Machine Learning
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OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

by Fred Pennic 08/02/2019 Leave a Comment

OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

 OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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DAS Health Acquires Health IT and Medical Billing Conglomerate

by Fred Pennic 08/02/2019 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

DAS Health, an industry leader in health IT and management, announced today it completed the acquisition of a Milwaukee-based healthcare solutions conglomerate, including WRT Specialties, Inc., Easy PC Solutions, LLC, EasyMed Billing, LLC and Houston-based Systech Solutions. This follows DAS’ acquisition of Houston-based Altex Business Solutions earlier this year, and three Chicago-based companies at the end of 2018. Financial details of the acquisition were not disclosed.DAS Health Growth
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Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

by Fred Pennic 08/02/2019 Leave a Comment

Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

Karate Health merges with Progentec to pursue comprehensive disease management solutions for lupus and multiple sclerosis (MS) that combine laboratory testing with digital technologies. Progentec Diagnostics, Inc. and Karate Health, Inc. announced that they have merged, offering laboratory testing and digital technologies for the diagnosis and management of lupus (SLE), multiple sclerosis (MS), and other autoimmune diseases. The merger is a substantive step towards the Progentec mission of
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DrFirst Integrates with Epic’s Real Time Prescription Benefits Prescribing Workflow

by Fred Pennic 08/01/2019 Leave a Comment

Taking New Medications: Consumers Blame Anxiety on Lack of Time with Physicians

DrFirst, a provider of e-prescribing, price transparency, and medication management solutions announced today that it has entered into an integration agreement with leading EHR provider Epic to make DrFirst’s myBenefitCheck (real-time benefit check) service available to clients in Epic’s RTPB (Real-Time Prescription Benefits) prescribing workflow to help doctors and patients understand the cost of the drugs and drive medication adherence.How myBenefitCheck WorksVia myBenefitCheck, prescribers
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VA Transfers 23.5 Million Patient Health Records to Cerner’s Data Center

by Fred Pennic 08/01/2019 Leave a Comment

1Vision and AMC Health Lands VA Contract to Provide Telehealth Solutions to Veterans

The U.S. Department of Veterans Affairs (VA) recently transferred the health records of 23.5 million Veterans to a Cerner's data center, setting the stage for the records to be processed this summer in support of VA’s and Department of Defense’s (DoD) common electronic health record (EHR) solution.Data Migration PhaseThis initial data migration phase of VA’s Electronic Health Record Modernization (EHRM), which began in late spring, is an important milestone reflecting the decision to replace
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Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

by Fred Pennic 08/01/2019 Leave a Comment

Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

Many Medicare Advantage health plans (35%) struggle with internal challenges in keeping pace with growth, including technology and infrastructure limitations, according to results of its latest Voice of the Market Survey. In addition, 33.8% struggle with a lack of IT staff or resources to make necessary changes and 29.4% lack the in-house Medicare experts necessary to implement adjustments in response to business fluctuation.The survey was commissioned by HealthEdge and conducted by Survata, an
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CoxHealth Taps MDLIVE to Optimize The Virtual Care Experience for Patients & Providers

by Fred Pennic 07/31/2019 Leave a Comment

MDLIVE Inc., a virtual healthcare provider, today announced a strategic and landmark partnership with CoxHealth. As part of the partnership, MDLIVE’s virtual care platform will be seamlessly integrated into CoxHealth’s existing digital framework to optimize the virtual care experience for both consumers and providers across the state of Missouri. CoxHealth will leverage MDLIVE’s holistic virtual experience to better support the many complexities and systems involved in providing virtual
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