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Fred Pennic, Editor-in Chief | HIT Consultant

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

Telehealth Adoption: Convenience & Cost Drive Adoption For Consumers

by Fred Pennic 08/27/2019 Leave a Comment

Telehealth Adoption: Convenience & Cost Drive Adoption For Consumers

Convenience and cost are the key drivers of telehealth adoption for American consumers, but lack of awareness is an issue, according to recent findings from American Well’s Telehealth Index: 2019 Consumer Survey. Telehealth leader American Well commissioned Harris Poll to conduct an online study among over 2,000 adults to measure usage and sentiment toward telehealth. The results are weighted to be representative of the American adult population across standard demographics.Majority of Consumers
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PeerWell Lands $6.5M to Commercialize its Worker’s Comp Musculoskeletal Surgery Optimization Platform

by Fred Pennic 08/27/2019 Leave a Comment

PeerWell Announces $6.5 Million in Series A Funding to Rollout Musculoskeletal Surgery Optimization Platform

Today PeerWell, a San Francisco, CA-based PreHab company helping patients prepare physically and mentally for orthopedic surgery and recover faster has raised $6.5M in Series A funding led by OMERS Ventures with participation from investors Emmett Shear (Co-Founder CEO of Twitch) and Travis May (CEO of Datavant). Existing investors include XSeed Capital and angel investors Auren Hoffman (CEO SafeGraph, Co-founder of LiveRamp), Kevin Lin (COO of Twitch), Michael Seibel (CEO of Y Combinator),
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Patient Engagement Platform Luma Health Nabs $16M to Optimize Patient Experience

by Fred Pennic 08/27/2019 Leave a Comment

https://media.licdn.com/dms/image/C561BAQGOBRpvgkvLoA/company-background_10000/0?e=1566939600&v=beta&t=T9HYLkt_SkyqH9dL_n6m8RDXGX7id5Cw2hh6L4H41yw

Luma Health Patient Engagement Platform enables healthcare providers and health systems to maximize patient outcomes across the entire patient journey.Luma Health, a patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million. Led by PeakSpan Capital and with strategic investments from Cisco Investments, the Texas Medical Center, and continued investment from U.S. Venture Partners, Luma Health will use this round of funding
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UPenn Taps Medable’s Digital Trials Platform to Power LITE Psoriasis Study

by Fred Pennic 08/27/2019 Leave a Comment

UPenn Taps Medable’s Digital Trials Platform to Power LITE Psoriasis Study

The University of Pennsylvania School of Medicine has partnered with Medable, a provider of digital trials platform to accelerate patient enrollment and increase patient retention in the Light Treatment Effectiveness (LITE) study, which evaluates home versus office-based narrowband ultraviolet B phototherapy for the treatment of psoriasis.Phase 4 Pragmatic StudyMedable’s direct-to-patient app was selected for LITE, a Phase 4 pragmatic study that will enroll 1050 patients across 20-40 clinical
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New Bariatric Surgical Risk/Benefit Calculator Can Predict Patient’s Risk of Postoperative Complications

by Fred Pennic 08/26/2019 Leave a Comment

New Bariatric Surgical Risk/Benefit Calculator Can Predict Patient’s Risk of Postoperative Complications

The Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program (MBSAQIP) has announced the launch of a new surgical risk/benefit calculator that will provide metabolic and bariatric surgeons and their patients with accurate, patient-specific information to guide surgical decision making and informed consent. Risk calculator has the ability to predict a patient’s possibility of postoperative remission at one year for up to five different weight-related comorbiditiesBariatric
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Digital Medical Tech Raises $1.5M for Hospital Management & Asset Tracking

by Fred Pennic 08/26/2019 Leave a Comment

Digital Medical Tech (DMT), an Annapolis, MD-based solution provider for hospital management and asset tracking, recently raised $1.5 million in seed capital led by DMTI Capital Partners, LLC. The company plans to use the funding to launch a nationwide engagement program for targeting healthcare providers and potential partnerships. Solutions for Hospital Management & Asset Tracking Founded in 2016 by CEO Matthew Nicholson, Digital Medical Tech’s enables health systems to proactively
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ResApp Awarded CE Mark for Smartphone-Based Diagnostic Test for Respiratory Disease

by Fred Pennic 08/23/2019 Leave a Comment

ResApp Awarded CE Mark for Smartphone-Based Diagnostic Test for Respiratory Disease

ResApp Health, the developers of the world’s first smartphone-based diagnostic test for respiratory disease where one simply coughs into the phone and the machine learning-based algorithm diagnoses the underlying respiratory disease, has received CE Mark certification as a Class IIa medical device.Significance of CE Mark CertificationCE Mark certification indicates that ResAppDx-EU meets the essential requirements of all the applicable European regulations as a medical device and allows for the
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Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

by Fred Pennic 08/23/2019 Leave a Comment

Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

MDClone, an Israeli-based provider of the world’s first healthcare data sandbox has raised $26 million in Series B funding led by aMoon with participation from existing investors OrbiMed Israel Partners and Lightspeed Venture Partners. MDClone plans to utilize the funding to further develop its existing platform and build new products and novel approaches leveraging data across its global network, as well as accelerate sales and marketing efforts.Healthcare Data Sandbox: Explore and Discover
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Apple Health Records Now Available to Allscripts EHR Clients & Patients

by Fred Pennic 08/23/2019 Leave a Comment

Apple Health Records Now Available to Allscripts EHR Clients & Patients

Allscripts announced that Apple Health Records is now available for Allscripts Sunrise, TouchWorks and Professional EHR clients and their patients. Apple Health Records brings together hospitals, clinics and the existing Apple Health app to make it easy for individuals to see their available health data from multiple providers whenever they choose.Health Records is available for iPhone users running iOS 11.3 or higher. This latest offering is an addition to Allscripts robust patient engagement
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Partners HealthCare Transitions to Medicare Shared Savings Program (MSSP)

by Fred Pennic 08/23/2019 Leave a Comment

Partners HealthCare Transitions to Medicare Shared Savings Program (MSSP)

Partners HealthCare has transitioned to a Medicare Shared Savings Program (MSSP) through the Centers for Medicare and Medicaid Services (CMS), from its previous Medicare ACO, the Next Generation Accountable Care model, without disruption to patient care. The Medicare Shared Savings Program (MSSP) is an alternative payment model that promotes accountability for a patient population, coordinates items and services for Medicare fee-for-service beneficiaries, and encourages investment in high
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