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Fred Pennic, Editor-in Chief | HIT Consultant

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

DrChrono, Stitch Integrate to Provide Practices EHR Physician Collaboration Tools

by Fred Pennic 07/16/2018 Leave a Comment

drchrono EHR

DrChrono, a company enabling the medical practice of the future, today announced a new partnership with Stitch, a company that has created a free HIPAA-compliant app for healthcare teams to send internal messages, communicate with patients and track daily tasks. Both DrChrono and Stitch are Y Combinator portfolio companies.In the past, physicians and medical staff would need to communicate with each other about patients using email, text and phone calls or other outdated chat software that
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Bright.md Integrates with GOeVisit, Enters Canadian Market with Virtual Care Platform

by Fred Pennic 07/13/2018 Leave a Comment

Bright.md Lands $8M for Virtual Physician Assistant, Partners with Adventist Health System

This week, Bright.md announced a new and unique customer deployment with Vancouver-based MyCare MedTech, marking its initial expansion into the global marketplace. Until now, the company’s SmartExam platform has been implemented exclusively by traditional brick and mortar healthcare systems like Providence Health & Services, Presbyterian Health Systems and Rush University. However MyCare MedTech tapped Bright.md to enhance its own existing virtual platform, dubbed GOeVisit.SmartExam enables
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Octave Bioscience Grabs $14M for Care Management Platform Focused on Neurodegenerative Diseases

by Fred Pennic 07/12/2018 Leave a Comment

Octave Bioscience Grabs $14M for Care Management Platform Focused on Neurodegenerative Diseases

Octave Bioscience lands $14M to bring expertise in chronic neurodegenerative markets and molecular Insights for improved care.Octave Bioscience, a Menlo Park, CA-based developer of a fully integrated care management platform delivering powerful insights for patients with neurodegenerative diseases, today announced it has raised $14 million in Series A funding. The round was led by BCBS Venture Partners with participation from Echo Health Ventures (a strategic collaboration of Cambia Health
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Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Health Data

by Fred Pennic 07/12/2018 Leave a Comment

Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Data

 In the span of 10 years, healthcare organizations (HCOs) have gone from having very little information available for data mining to nearly drowning in vast and complex digital information. Simultaneously, the effort required to enter and clean the data has been unsustainably high, affecting clinician morale and analysts’ ability to extract insights for improving population health.All that is about to change for the better. As revealed in the latest Chilmark Research report, Natural Language
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GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

by Fred Pennic 07/12/2018 Leave a Comment

GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

Healthcare supply chain provider GHX announced that the company has entered into an agreement to acquire a majority of assets and employees from Germany-based Medical Columbus, a provider of market leading content management and healthcare procurement software across Germany, Switzerland, Austria, and the Netherlands.With this acquisition, GHX will expand its supply chain and procurement solution offering and trading partner network in key European markets. Both companies’ solutions serve
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Report: 10 Disruptive Digital Business Models for Health Insurers

by Fred Pennic 07/11/2018 Leave a Comment

Report: 10 Disruptive Digital Business Models For Health Insurers

Digital technologies will transform the health insurance business and early adopters have started to implement new digital business models with initial success, according to a new Research2Guidance report. The report reveals new digital models are changing the way the insurers interact with patients.For example, digital insurers have reworked the trust equation with the patient, outsourced much of their value chain to their members, and now know much more about them. Digital business models tend
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Candor Healthcare to Implement Medsphere EHR in New Hospitals

by Fred Pennic 07/11/2018 Leave a Comment

Medsphere OpenVista EHR

Medsphere today announced an agreement with Texas-based Candor Healthcare to implement the company's healthcare IT solutions and services.Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced that the company has reached an agreement with Texas-based Candor Healthcare to implement Medsphere healthcare IT solutions in new hospitals Candor manages. The two companies will officially kick off the
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Rimidi Raises $6.575M for Cloud-based Enterprise Solution for Diabetes Management

by Fred Pennic 07/11/2018 Leave a Comment

Rimidi Raises $6.575M for Cloud-based Enterprise Solution for Diabetes Management

Rimidi, Inc.(formerly known as Rimidi Diabetes), an Atlanta-based digital health startup that provides software and clinical analytics for chronic disease management, announced it has raised $6.575 million in Series A-1 financing, which includes a strategic investment by Eli Lilly and Company, an investment from Turner Investments, and participation from existing investors Cox Enterprises, Village Capital, The Jump Fund, and JAMB Global. The company plans to use the funding round to fuel growth
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Medtronic and UnitedHealthcare’s Value-based Relationship Results in Lower Costs, Fewer Hospital Readmissions

by Fred Pennic 07/11/2018 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

Today, Medtronic and UnitedHealthcare announced positive first-year results from their value-based relationship focused on improving health outcomes for people with diabetes. Results demonstrated cost-savings and reduced hospital admissions for UnitedHealthcare members with type 1 diabetes on Medtronic insulin pumps, when compared to other members on multiple daily injections (MDI) of insulin. Starting in 2016, more than 6,000 UnitedHealthcare members were given access to the Medtronic MiniMed
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Cedars-Sinai Accelerator Reveals 4th Class of 9 Digital Health Startups

by Fred Pennic 07/10/2018 Leave a Comment

Cedars-Sinai Accelerator Reveals 4th Class of 9 Digital Health Startups

Cedars-Sinai, today announced 9 new digital health startups selected to participate in its fourth class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Through their innovations, the companies seek to address some of healthcare’s most pressing challenges, particularly the experience of patients. The program is based in
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