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Fred Pennic, Editor-in Chief | HIT Consultant

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

Change Healthcare, TIBCO Collab to Bring Blockchain-Powered Smart Contracts to Healthcare

by Fred Pennic 11/05/2018 Leave a Comment

Change Healthcare, TIBCO Collab to Bring Blockchain-Powered Smart Contracts to Healthcare

Change Healthcare and TIBCO Software, today announced a collaboration to build the first blockchain-powered smart contract system for healthcare to enable payers to automate processes across the healthcare transaction lifecycle. Using the Change Healthcare Intelligent Healthcare Network blockchain technology and TIBCO's smart contract developer project, Project Dovetail automates events across the healthcare transaction processing lifecycle.Benefits of Blockchain-Powered Smart Contracts in
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BREAKING: ResMed to Acquire MatrixCare EHR for $750M

by Fred Pennic 11/05/2018 Leave a Comment

MatrixCare Acquires Long-Term Care EHR Vendor SigmaCare

Connected care company ResMed announced it will acquire MatrixCare, a provider of long-term care EHR software, for $750M to expand its out-of-hospital SaaS portfolio. Named "Best in KLAS" for long-term post-acute care software, MatrixCare’s solutions help Accountable Care Organizations, skilled nursing and senior living providers, life plan communities, and home health organizations to connect, collaborate and prosper as we migrate to a fee-for-value healthcare system. In addition to electronic
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Value-Based Care in Action: BCBS AZ Shared Savings Program Outperforms Cohorts Across Cost & Quality Measures

by Fred Pennic 11/02/2018 Leave a Comment

Value-Based Care in Action: BCBS AZ Shared Savings Program Outperforms Cohorts Across Cost & Quality Measures

BCBS AZ’s value-based care program outperformed cohort across cost and quality measures, underscoring program’s effectiveness at improving population health.Change Healthcare and ACO Partner released the results for the first complete plan year of its novel shared value-based care savings program with Blue Cross Blue Shield of Arizona (BCBS AZ). More than 600 in-network primary care providers treated over 41,500 patients through 2017 leading to the program remitting a total of $1 million to 603
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IntelyCare Nabs $10.8M to Expand On-Demand Nurse Staffing Management Platform

by Fred Pennic 11/01/2018 Leave a Comment

IntelyCare Nabs $10.8M to Expand On-Demand Nursing Staffing Management Platform

IntelyCare raises $10.8M to cure nationwide nursing shortage with Intelligent Workforce Management to streamline administration and improve care.Solving the nursing shortage that’s expected to reach 1.2 million RN vacancies by 2022 (according to the Bureau of Labor Statistics) will take a multi-faceted approach. Part of the solution will be better allocating nursing professionals in a way that considers the needs of both nurses and local facilities. IntelyCare, a digital health startup announced
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Saint Luke’s Health System Joins KHIN Health Information Exchange to Improve Care Coordination

by Fred Pennic 11/01/2018 Leave a Comment

Saint Luke’s Health System, a faith-based, not-for-profit health system with a significant presence in Kansas and Missouri announced this week it is the newest addition to the list of healthcare participants now sending and receiving patient data through the Kansas Health Information Network (KHIN). Saint Luke’s Health System includes 16 hospitals and campuses, several primary and specialty care practices, inpatient and outpatient care, home care and hospice, and a life care senior living
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Patient Leakage Trends: Understanding the Gap Between Priority and Action

by Fred Pennic 10/31/2018 Leave a Comment

Patient Leakage Report: Understanding the Gap Between Priority and Action

The vast majority of healthcare executives recognize the importance of referral management; however, their ability to analyze and address patient leakage lags behind, according to a new survey conducted by Fibroblast, a referral management platform. The survey reveals almost a quarter (23%) of healthcare executives do not even track patient leakage at all. All this despite almost 9 in 10 who say it’s a priority.Survey Report BackgroundHealthcare organizations have many strategic priorities, but
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WellSpan Health, Sweetch Partner to Deploy AI-Driven App for Diabetes Prevention

by Fred Pennic 10/31/2018 Leave a Comment

WellSpan Health, Sweetch Partner to Deploy AI-Driven App for Diabetes Prevention

WellSpan Health partners with Sweetch to deploy its AI-based app to deliver large-scale prediction and prevention of diabetes to augment its employee wellness program.Diabetes is an epidemic, and our health systems are paying the price. With one in 11 adults affected globally and costs for people suffering from diabetes over 2x higher than those without the disease, it’s a pressing issue – and the latest technologies can help alleviate it.Today, integrated healthcare system WellSpan Health
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FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M

by Fred Pennic 10/30/2018 Leave a Comment

FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M

FundamentalVR, a London-based virtual reality (VR) training, and data analysis technology startup, today announced a three-year strategic partnership with Mayo Clinic to co-develop new VR simulations leveraging haptic (sense of touch) technology for general surgical procedures, patient-specific modeling and emerging interfaces for robotic surgery.Additional $1.4M in FundingIn addition, the company has raised an additional $1.4 million in funding from existing investor Tern Plc. The company plans
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Livongo Health Unveils Applied Health Signals to Silence Noisy Healthcare

by Fred Pennic 10/30/2018 Leave a Comment

Livongo Health Unveils Applied Health Signals to Silence Noisy Healthcare

Livongo, a consumer health company empowering people with chronic conditions to live better and healthier lives, today announced the first voice-enabled, at-home, cellular blood pressure monitoring system, free medication incentives for eligible members, and a number of new data science capabilities and partnerships.  This voice-enabled cellular BP monitoring system builds on Livongo’s previously announced cellular blood pressure monitoring system, which allows members to instantly and
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Philips Launches Its Smallest Portable Nebulizer in North America

by Fred Pennic 10/29/2018 Leave a Comment

Philips Launches Its Smallest Portable Nebulizer in North America

Today, Philips launched InnoSpire Go, its smallest and lightest portable hand-held nebulizer. This innovative technology not only provides portable, fast and effective medication delivery but is also proven to reduce treatment time by up to 25 percent.  The easy-to-use and virtually silent InnoSpire Go puts hospital-grade nebulizer technology into the hands of the user for portable, fast and effective medication delivery. InnoSpire Go is available in the United States and additional countries
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