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Fred Pennic, Editor-in Chief | HIT Consultant

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

Akouos Raises $50M to Advance Precision Medicine for Hearing Disorders

by Fred Pennic 08/09/2018 Leave a Comment

Akouos Raises $50M to Advance Precision Medicine for Hearing Disorders

Akouos, a Boston, MA-based precision genetic medicine company developing gene therapies that restore and preserve hearing has raised $50 million in Series A funding co-led by 5AM Ventures and New Enterprise Associates (NEA) with participation from existing investor Partners Innovation Fund and new investors Sofinnova Ventures, RA Capital Management and Novartis Venture Fund. The company plans to use the funding round to advance its lead program to first-in-human clinical trials and bolster its
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Mount Sinai Researchers Create RNA and DNA-Sequencing Platform to Find Effective Therapies for Blood Cancer Patients

by Fred Pennic 08/08/2018 Leave a Comment

Google Cancer Research

Mount Sinai researches have finished the first ever clinical trial using RNA-sequencing-based drug repurposing to find effective therapies for multiple myeloma patients (potentially for any cancer). Dr. Samir Parekh and his genomics and precision health colleagues at Mount Sinai created this first-ever trial to better inform the way patient’s therapies are chosen. The trial involved 64 patients who had run out of treatment options and many of whom had been referred to hospice. The trial
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Fitbit Partners with Blue Cross Blue Shield to Deliver Fitbit Devices to Over 60M Members

by Fred Pennic 08/07/2018 Leave a Comment

Fitbit Partners with Blue Cross Blue Shield to Deliver Fitbit Devices to Over 60M Members

Blue365, the health and wellness program for Blue Cross and Blue Shield (BCBS) members, today announced a connected health partnership with Fitbit to help consumers create and maintain healthy habits. Through this new connected health program, more than 60 million BCBS members have access to this special offer on Fitbit activity trackers and smartwatches, and also have access to an additional offer by bundling their purchase with a Fitness Your Way gym membership from Tivity Health. Blue365 is
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Health Navigator, Macadamian Partner to bring Health triage to Consumers with New Alexa Skill

by Fred Pennic 08/07/2018 Leave a Comment

Health Navigator, Macadamian Partner to bring Health triage to Consumers with New Alexa Skill

 Health Navigator, a company that delivers clinical content for digital health, telemedicine, and eHealth, has partnered with Macadamian, a healthcare-focused software design, and development consulting firm, to develop and demonstrate a proof-of-concept skill for voice-enabled digital assistants. The Alexa Skill lets people seek health information and care advice through their digital assistant anytime, anywhere.Recent surveys from the Pew Research Center show 80 percent of internet users
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4 Barriers to Overcome Before AI in Medical Imaging Becomes Mainstream

by Fred Pennic 08/07/2018 Leave a Comment

4 Barriers to Overcome Before AI in Medical Imaging Becomes Mainstream

The world market for artificial intelligence (AI) in medical imaging, comprising software for automated detection, quantification, decision support, and diagnosis, is forecasted to reach $2 billion by 2023, according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry. The report, “Machine Learning in Medical Imaging – 2018 Edition” provides a data-centric and global outlook on the current and
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iGlucose Integrates with Validic’s Data Connectivity Platform to Simplify Diabetes Management

by Fred Pennic 08/07/2018 Leave a Comment

iGlucose Integrates with Validic's Data Connectivity Platform to Simplify Diabetes Management

 Smart Meter, LLC, makers of the iGlucose® Cellular Diabetes Care Solution, announced its integration with Validic, a healthcare data connectivity platform. The integration brings a simple, convenient and affordable diabetes management solution to people with diabetes, healthcare teams, and population management programs. The iGlucose solution, which uses cell-enabled technology to automatically transmit real-time blood glucose results, removes complex technology issues by automatically
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Behavioral Health Startup Praestan Health Raises $12M to Drive Behavioral Health Transformation

by Fred Pennic 08/01/2018 Leave a Comment

Behavioral Health Startup Raises $12M to Drive Behavioral Health Transformation

Praestan Health, a Minneapolis, MN-based behavioral health technology-focused startup, announced that it has closed a private placement for $12 million to fund completion of its technology platform and build a national organization to serve clinicians, healthcare organizations, employers, and patients. Praestan Health is committed to driving improved health and wellbeing through behavior change at the individual and population health level, In addition, the company has launched hree-way health
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AT&T and ZOTT Team Up to Redefine the Patient Journey and Improve Patient Satisfaction

by Fred Pennic 08/01/2018 Leave a Comment

AT&T and ZOTT Team Up to Redefine the Patient Journey

ZOTT, the new, cutting-edge patient experience solution, and AT&T, a leader in empowering the digital healthcare transformation, today announced a collaboration to further advance the patient experience. Through innovative uses of cloud computing and over-the-top content distribution technology, the companies are redefining the patient journey.Now, patients and their families can access DIRECTV for BUSINESS through ZOTT's hospital platform, improving overall patient satisfaction. Research
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Teladoc Rebrands as Teladoc Health to Reflect Broad Virtual Care Service Offerings

by Fred Pennic 07/31/2018 Leave a Comment

Teladoc Rebrands as Teladoc Health to Reflect Broad Virtual Care Service Offerings

Virtual care provider Teladoc, today announced it will be changing its corporate name to Teladoc Health in order to better reflect its broad portfolio of virtual care services and mission to transform how people access healthcare around the world. Teladoc currently offers the only comprehensive virtual care solution spanning traditional telehealth, expert medical, and licensed platform and program services. As such, the Teladoc Health corporate brand will unify the combined capabilities and
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Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences

by Fred Pennic 07/31/2018 Leave a Comment

Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences

Verana Health formerly known as DigiSight Technologies), a healthcare technology developer of a cutting-edge platform for life science innovation that utilizes regulatory-grade specialty data sets has raised $30M in Series C funding led by  GV (formerly Google Ventures) with participation from existing investors Biomatics Capital, Brook Byers, founder of Kleiner, Perkins, Caufield & Byers, GE Ventures, and Lagunita Biosciences.In addition to the Series C funding, the company has appointed
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