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Fred Pennic, Editor-in Chief | HIT Consultant

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

Syapse Precision Medicine Council Launches to Advance Precision Oncology Adoption

by Fred Pennic 06/08/2018 Leave a Comment

Syapse_Syapse Forms Precision Medicine Council to Advance Precision Oncology Adoption

Syapse, a San Francisco, CA-based precision medicine company, announced today the formation of the Syapse Precision Medicine Council, a group of oncology, operations, and research leaders from health systems dedicated to advancing precision oncology adoption through sharing best practices.Inaugural members include Henry Ford Health System, Catholic Health Initiatives and Dignity Health (the Precision Medicine Alliance), Providence St. Joseph Health, Aurora Health Care, and the University of
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Infographic: Using Social Determinants of Health Data to Generate Value

by Fred Pennic 06/08/2018 Leave a Comment

Infographic: Using Social Determinants of Health Data to Generate Value

Up until somewhat recently, socioeconomic data wasn’t part of the conversation on how best to improve health outcomes. Where people live, learn, work and play – commonly known as social determinants of health (SDOH), are today, considered essential factors for gaining a more complete picture of members – revealing how members’ daily lives impact their mental and physical health.Take Larry and Bill for example, on the surface they appear equal, they are the same age, live in a similar area, both
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nference Raises $11M to Synthesize the World’s Biomedical Knowledge

by Fred Pennic 06/07/2018 Leave a Comment

nference Raises $11M to Synthesize the World’s Biomedical Knowledge

nference, a Cambridge, MA-based company on a mission to synthesize the exponentially growing biomedical knowledge has raised $11 million in Series A funding led by  Matrix Partners. The round also included participation from existing investor Matrix Capital Management. The company plans to utilize the funding to develop the company’s AI and R&D platforms, expand scientific operations in Cambridge MA and establish nference Labs in Bangalore, India.Founded by Murali Aravamudan and Venky
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New York Expands Patient Care Alerts Statewide Through SHIN-NY

by Fred Pennic 06/06/2018 Leave a Comment

New York Expands Patient Care Alerts Statewide Through SHIN-NY

The New York eHealth Collaborative (NYeC) today announced the expansion of patient care alerts across the state's eight regional health information exchanges through the Statewide Health Information Network for New York (SHIN-NY). Healthcare professionals can now receive real-time alerts free of charge when their patients is admitted, discharged or transferred from a hospital, promoting  timelier interventions and improved planning for a patient's care at home or at another facility.The
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DrFirst Helps Clinicians Personalize Treatment Plans Through Genomics Testing

by Fred Pennic 06/06/2018 Leave a Comment

DrFirst Partners with Greenway to Bring Controlled Substance E-prescribing to Greenway Users Nationwide

DrFirst, a provider of medication management and secure communications solutions, has added a new pharmacogenomics (PGx) capability within the workflow of its Rcopia electronic prescribing suite. The new PGx solution, developed in collaboration with Translational Software Inc. (TSI) and in conjunction with Exceltox and Alpha Genomix Laboratories, allows physicians to order genomic tests for patients to understand how patients will respond to current or planned medications.DrFirst’s PGx
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North Mississippi Health Taps Mercy to Help Implement Epic Ambulatory EHR

by Fred Pennic 06/05/2018 Leave a Comment

North Mississippi Health Taps Mercy to Help Implement Epic Ambulatory EHR

North Mississippi Health Services (NMHS), a private, not for profit hospital which serves 730,000 patients in 24 counties in north Mississippi and northwest Alabama, has selected Mercy Technology Services to help implement Epic ambulatory EHR platform across enterprise. As the nation’s first Epic-accredited provider, Mercy Technology Services will provide project leadership and proven methodology from more than 50 previous installations, Epic module expertise, revenue cycle support, training and
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Health Tech Startup Bridge Connector Raises $4.5M for Healthcare Data Integration Platform

by Fred Pennic 06/05/2018 Leave a Comment

Bridge Connector Raises $4.5M for Healthcare Data Integration Platform

Bridge Connector, a healthcare data integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations, today announced it has raised $4.5 million in seed funding led by Axioma Ventures LLC. The seed round also includes participation from  Alex Jenkins, co-founding partner of Axioma Ventures; Hannibal Baldwin, Chief Financial Officer of Baldwin Beach Capital and Co-CEO of SiteZeus; and Jeffrey S. Wenger, M.D., a board-certified
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Parachute Health Nabs $9.5M for ePrescribing Platform for DME and Supplies

by Fred Pennic 06/05/2018 Leave a Comment

Parachute Health Nabs $9.5M for Eradicate Outdated Model for Ordering DME and Supplies

Parachute Health, a New York-based ePrescribing platform transforming the way patients receive the care they need to properly manage their health and recovery at home has raised $9.5 million in new funding led by Harley Miller and Dan Ahrens of Insight Venture Partners. The funding also included participation from GNYHA Ventures, the business arm of the Greater New York Hospital Association and Anthony Welters, formerly of UnitedHealth Group. The company plans to use the funding to expand
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock

by Fred Pennic 06/04/2018 Leave a Comment

Teladoc Acquires Global Virtual Care Provider Advance Medical for $325M

Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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Premier Launches Physician Enterprise Collaborative to Identify Margin Improvements for Medical Groups

by Fred Pennic 06/01/2018 Leave a Comment

Premier’s Physician Enterprise Collaborative

Premier Inc., a healthcare improvement company, is launching a new performance improvement collaborative to help health systems navigate the integration and alignment of employed and affiliated medical groups while optimizing overall practice performance. The Physician Enterprise Collaborative seeks to help medical groups identify margin improvements equivalent to 5 to 7 percent of professional net patient revenue (cash collections of billing activity).Officially beginning in June 2018,
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