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Fred Pennic, Editor-in Chief | HIT Consultant

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

Cerner Appoints Tracy Platt As New EVP & Chief Human Resources Officer

by Fred Pennic 07/08/2019 Leave a Comment

Cerner Launches AI-Powered Chart Assist to Combat Physician Burnout

Cerner announced today the appointment of Tracy Platt as its new Executive Vice President and Chief Human Resources Officer, effective July 15th. Under her leadership, she will be responsible for leading the company’s global Human Resources (HR) function, including organization development, integrated talent management, leadership development , and culture. Platt has more than 20 years of experience and joins Cerner after spending nearly 10 years in executive HR roles at Medtronic, a global
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KLAS: Are Revenue Cycle Outsourced Services Worth The Investment?

by Fred Pennic 07/08/2019 Leave a Comment

Revenue Integrity Dysfunctional Patient Billing Major Distraction for Patients & Clinicians 6 Metrics to Improve Hospital Revenue Cycle ROI_revenue cycle makret

One-third of providers have buyer’s remorse when it comes to purchasing revenue cycle outsourcing services, according to a recent KLAS report. Provider organizations investing in outsourced revenue cycle services to relieve cost and resource burdens need their firms to take true ownership of the complex revenue cycle and deliver accordingly.For the report, KLAS spoke to 140 provider organizations using RCO or EBOS to determine which firms are delivering and which are falling behind. The KLAS
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Physician Launches Orsini Way to Bring Compassion to Medical Communication

by Fred Pennic 07/05/2019 Leave a Comment

Physician Launches Orsini Way to Bring Compassion to Medical Communication

Dr. Anthony Orsini has announced the launch of his new company, The Orsini Way, a groundbreaking program and digital platform that shows healthcare professionals a completely new way to communicate, dramatically enhance patient satisfaction and improve outcomes. Anthony Orsini, a Board-Certified Neonatologist for more than 20 years, developed the program to help professionals practice compassion when interacting with patients.Originally founded as BBN, The Orsini Way’s initial goal was to help
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Survey: How Healthcare Deploys Software as a Service (SaaS) Apps

by Fred Pennic 07/05/2019 Leave a Comment

How Healthcare Deploys Software as a Service (SaaS)

The global healthcare cloud computing market was recently valued at approximately $18 billion and is expected to generate around $61 billion USD by 2025, at a CAGR of around 18.7% between 2019 and 2025. Key factors driving this growth are the adoption of IoT, wearable devices, and big data analytics.Software as a Service (SaaS) is a service model in cloud computing whereby the vendor provides a complete package of software applications over the Internet to their customers, who subscribe for this
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University of Arkansas Launches Statewide Digital Health Spine Clinic

by Fred Pennic 07/03/2019 Leave a Comment

University of Arkansas Launches Statewide Digital Health Spine Clinic

 The University of Arkansas for Medical Sciences (UAMS) has launched a new statewide digital health spine clinic that will allow patients with spinal disorders, and spinal cord tumors to see a specialist at the closest location to their homes without visiting Little Rock. The UAMS Institute for Digital Health & Innovation and the UAMS Jackson T. Stephens Spine & Neurosciences Institute recently held the first digital spine clinic consultations in Arkansas in April. The virtual spine
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Rock Health Report: Is 2019 The Year of the Digital Health IPO?

by Fred Pennic 07/02/2019 Leave a Comment

Rock Health Report: Is 2019 The Year of the Digital Health IPO?

Digital health funding reached a new record of $4.2 billion across 180 deals in the first half of 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The digital health sector is on track for an $8.4B year in 2019—and may even break 2018’s annual funding total. The report also validates the continued trend of the large $100M+ mega deals, attributing to 30% of venture funding in H1 2019. The 2019 Midyear Digital Health Market Update reflects a maturing digital
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Net Health Acquires Post-Acute Care EHR Provider Optima Healthcare Solutions

by Fred Pennic 07/02/2019 Leave a Comment

Net Health Acquires Post-Acute Care EHR Provider Optima Healthcare Solutions

Net Health, a provider of cloud-based software solutions for specialized outpatient care, today announced it has acquired cloud-based post-acute care EHR provider Optima Healthcare Solutions. Optima post-acute care EHR platform supports contract therapy companies, skilled nursing and assisted living facilities, outpatient therapy clinics, home health therapy providers and hospice organizations.Acquisition Benefits for Net HealthOnce the acquisition closes, the combined company will serve
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Carenet Health Acquires Engagement, Telehealth Subsidiary of Citra Health

by Fred Pennic 07/02/2019 Leave a Comment

Carenet Health Acquires Engagement, Telehealth Subsidiary of Citra Health

Carenet Health, a San Antonio, TX-based provider of healthcare engagement, clinical support, advocacy and 24/7 telehealth solutions, has acquired the engagement and telehealth solution subsidiary of Citra Health Solutions. The acquisition is the second acquisition of its kind by Carenet in a span of seven months. Financial terms of the acquisition were not disclosed.The recent acquisition complements Carenet’s ongoing commitment to delivering high-quality, cost-effective, on-demand telehealth
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Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups

by Fred Pennic 07/02/2019 Leave a Comment

Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups

Cedars-Sinai Accelerator, today announced 11 new digital health startups selected to participate in its fifth class from across the United States and Europe. From artificial intelligence to a smart brace for knee replacement patients, 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,
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AMA Grants New CPT Code for KidneyIntelX to Support Medicare & Reimbursement

by Fred Pennic 07/01/2019 Leave a Comment

5 Opportunities to Increase Electronic Exchange of Medical Documentation

The American Medical Association (AMA) has granted a CPT® Proprietary Laboratory Analyses (PLA) Code for Renayltix AI’s lead product, KidneyIntelX. The new code, 0105U, has been approved and published by the AMA CPT Editorial Panel, and is scheduled to become effective on October 1, 2019.Medicare Price for New CPT CodeA payment rate for the new code will be established for Medicare patients through the 2019 Clinical Lab Fee Schedule (CLFS) Annual Public Meeting process. Renayltix AI will shortly
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