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Fred Pennic, Editor-in Chief | HIT Consultant

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

CirrusMD Lands $15M to Fuel Adoption of Chat-First Virtual Care Solution

by Fred Pennic 05/02/2019 Leave a Comment

CirrusMD Chat-First Virtual Care Platform

CirrusMD, a Denver, CO-based chat-first virtual care solution, today announced that it has raised $15 million in Series B funding led by Drive Capital, Colorado Impact Fund and other prior investors, bringing total funding to-date to $26 million. The company also announced a new contract with Iron Bow as a subcontractor to the United States Department of Veteran Affairs (VA) for improved care access and delivery for the veteran community. Care Without Barriers Founded in 2012 by Blake
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Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019

by Fred Pennic 05/01/2019 Leave a Comment

Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019

Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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Accenture Launches AI-Driven Solution to Tackle Elderly Loneliness

by Fred Pennic 05/01/2019 Leave a Comment

Accenture Launches AI-Driven Solution to Tackle Elderly Loneliness

Accenture has released a groundbreaking new project that uses a unique conversational artificial intelligence to address the challenges of elderly loneliness. The project named Memory Lane is being used by Accenture Interactive and Stockholm Exergi, one of Sweden’s largest energy suppliers to provide an innovative social solution which allows people, particular the elderly, to capture memorable stories for future generations while also providing companionship. Project Memory Lane
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NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

by Fred Pennic 05/01/2019 Leave a Comment

NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

NASSCOM and GE Healthcare have formed a strategic partnership to foster healthcare innovation to bring digital health solutions to the market in India. NASSCOM CoE-IoT is India’s largest deep-tech Innovation hub for startups that provides a platform for collaborative innovation.Strategic Partnership DetailsThrough NASSCOM’s Center of Excellence-Internet of Things (CoE-IoT), GE Healthcare will work with India-based startups to co-create solutions for real-world healthcare challenges in the areas
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Blue Cross Blue Shield, BHI Launches Data Innovation Challenge

by Fred Pennic 05/01/2019 Leave a Comment

Blue Cross Blue Shield, BHI Launches Data Innovation Challenge

The Blue Cross Blue Shield Association (BCBSA) and Blue Health Intelligence® (BHI) has announced the launch of the BlueCross BlueShield Data Innovation Challenge to develop solutions that increase access to care, enhance patient engagement, and improve care delivery and outcomes. BCBSA and BHI are collaborating with HIMSS and Healthbox, a HIMSS Innovation company, to implement the BlueCross BlueShield Data Innovation Challenge.BlueCross BlueShield Data Innovation Challenge OverviewTo advance
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CMS Approves Livongo As An Enrolled Provider for Medicare Advantage Members

by Fred Pennic 04/30/2019 Leave a Comment

CMS Approves Livongo As An Enrolled Provider for Medicare Advantage Members

Livongo, the leading Applied Health Signals company announced that it has been approved by the Centers for Medicare and Medicaid Services (CMS) as an enrolled provider for Medicare Advantage members. In addition, starting in June, the Livongo for Diabetes program will be available to Medicare Advantage members of Cambia Health Solutions' regional health plans.Empowering America's Senior PopulationCambia reaches nearly 70 million Americans nationwide, including more than two million people in the
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MEDITECH Launches Professional Services Division to Optimize Expanse EHR Implementations

by Fred Pennic 04/30/2019 Leave a Comment

MEDITECH Launches Professional Services Division to Optimize Expanse EHR

EHR vendor MEDITECH has announced the new formation of its Professional Services division designed to optimize its cloud-based Expanse EHR platform. Led by Executive Vice President, Hoda Sayed-Friel, these professional services will complement the company’s Expanse implementation program known as READY. MEDITECH Professional Services Offering Tracks MEDITECH Professional Services two tracks consist of: 1. Implementation Professional Services: On-premise Project Management Leadership,
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Opioid Crisis Survey: Patients Support Prescription Drug Monitoring Programs to Curb Abuse

by Fred Pennic 04/30/2019 Leave a Comment

Opioid Crisis Survey: Patients Support Prescription Monitoring Programs

According to a DrFirst sponsored Opioid crisis survey, 76% of consumers favor the utilization of prescription drug monitoring programs (PDMP) and 68% of them support the use of PDMPs even if it slows clinicians down. Many states require physicians and pharmacists to consult a PDMP before prescribing or dispensing controlled substances, allowing clinicians to spot patients who may be misusing prescription opioids and are at risk for overdose. However, the survey reveals providers often ignore
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HIMSS Appoints Dr. Sebastian Krolop As Global Chief Operating & Strategy Officer

by Fred Pennic 04/30/2019 Leave a Comment

HIMSS Appoints Dr. Sebastian Krolop As Global Chief Operating & Strategy Officer

HIMSS, has announced the appointment of Dr. Sebastian Krolop, MD, PhD, MSc, to the role of chief operating & strategy officer (COSO). Under his leadership as COSO, Dr. Krolop will lead the alignment of HIMSS’s operational goals with the organization’s strategic plan. In addition, he will guide the direction of HIMSS Analytics, HIMSS Media and foster additional support services in international markets. Dr. Krolop Background/Experience Dr. Krolop comes to the organization
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FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States

by Fred Pennic 04/29/2019 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

The U.S. Food and Drug Administration (FDA) has approved a multi-regional pilot studying the use of blockchain-enabled data technology to track and verify specialty prescription drugs, to ensure safety, enhance value and improve health outcomes.Blockchain Pilot Consortium & Implementation TimelineThe pilot consortium is comprised of Rymedi,Temptime/Zebra, Indiana University Health, WakeMed Health & Hospitals, Good Shepherd Pharmacy and its RemediChain project, as well as the Center for
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