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Fred Pennic, Editor-in Chief | HIT Consultant

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

HLTH: Walmart Launches Nationwide Same-Day Pharmacy Delivery

by Fred Pennic 10/22/2024 Leave a Comment

Walmart Launches Nationwide Same-Day Pharmacy Delivery

What You Should Know:  - Walmart today announced Pharmacy Delivery, an innovative service that saves customers time by bringing prescriptions – along with the rest of their Walmart orders – right to their doorsteps.   - This innovative offering allows customers to seamlessly integrate prescription orders with their regular grocery and merchandise purchases, all delivered to their doorstep. Expanding Reach and Impact Currently live in six states (Arkansas, Missouri, New
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HLTH: Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

by Fred Pennic 10/22/2024 Leave a Comment

Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

What You Should Know:  - Tennr, a healthcare technology company transforming the patient referral process, has secured $37M in Series B funding led by Lightspeed Ventures, with participation from existing investors Andreessen Horowitz (a16z) and Foundation Capital. This latest investment brings Tennr's total funding to over $61M, following a Series A round just six months ago. - Tennr has monetized their business through an automation platform that works for everyday healthcare
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LeanTaaS Appoints Rami Karjian to Lead Operating Rooms Business

by Executive Hires 10/22/2024 Leave a Comment

LeanTaaS Appoints Rami Karjian to Lead Operating Rooms Business

What You Should Know:  - LeanTaaS, Inc., a provider of AI-powered capacity management solutions for health systems, has appointed Rami Karjian as the new leader of its Operating Rooms business.  - Karjian brings extensive experience in healthcare transformation and a proven track record of building and scaling innovative companies. - Karjian's career has been marked by a focus on optimizing healthcare operations and improving patient care. He co-founded Medically Home, a
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HLTH: Cleveland Clinic, Amazon One Medical Partner to Expand Primary Care Access in Northeast Ohio

by Fred Pennic 10/21/2024 Leave a Comment

Amazon to Acquire One Medical for $3.9B

What You Should Know:  - Academic health system Cleveland Clinic and Amazon One Medical, a hybrid virtual and in-person primary care provider, are collaborating to improve access to seamless and coordinated care in Northeast Ohio.  - The strategic partnership will leverage the strengths of both organizations to offer patients a comprehensive and convenient healthcare experience. Expanding Access to Primary Care Amazon One Medical will open its first primary care office in
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HLTH: CopilotIQ & Biofourmis Merge to Create AI-Driven Platform for In-Home Care

by Fred Pennic 10/21/2024 Leave a Comment

CopilotIQ and Biofourmis Merge to Create First End-to-End AI-Driven Platform for In-Home Care

What You Should Know:  - CopilotIQ, a health tech company focused on improving the lives of older adults with chronic conditions, and Biofourmis, a global leader in technology-enabled home care solutions, have announced a strategic merger.  - The combined company creates an AI-driven platform to deliver comprehensive in-home care across the entire care continuum, from pre-surgical optimization to acute, post-acute, and chronic care management. As part of this merger, investors
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HLTH: Medbridge Acquires Rehab Boost, Launching AI-Powered Motion Capture for Enhanced Patient Care

by Fred Pennic 10/21/2024 Leave a Comment

Medbridge Acquires Rehab Boost, Launching AI-Powered Motion Capture for Enhanced Patient Care

What You Should Know:  - Medbridge, a leading provider of healthcare technology solutions, has acquired Rehab Boost, an innovative motion capture and movement-based AI company. Financial details of the acquisition were not disclosed.  - The strategic acquisition will relaunch Rehab Boost as Medbridge Motion Capture, a key component of Medbridge AI. This move reinforces Medbridge's commitment to integrating cutting-edge technology into patient care, improving access to
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HLTH: Blue Shield of California, Salesforce Partner on Real-Time AI Prior Authorizations

by Fred Pennic 10/21/2024 Leave a Comment

Blue Shield of California, Salesforce Partner on Real-Time AI Prior Authorizations

What You Should Know:  - Blue Shield of California and Salesforce are joining forces to tackle a major pain point in healthcare: the lengthy and often frustrating process of prior authorizations.  - The new AI-powered platform solution, built on Salesforce Health Cloud, aims to deliver near real-time prior authorization decisions, streamlining healthcare delivery and improving patient experience. Addressing the Burden of Prior Authorizations Prior authorizations are a
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HLTH: General Catalyst Spinout HealthEx Launches with $14M for AI-Generated Consent Platform

by Fred Pennic 10/21/2024 Leave a Comment

HLTH: General Catalyst Spinout HealthEx Launches with $14M for AI-Generated Consent Platform

What You Should Know:  - HealthEx, a new healthcare technology company, has emerged from stealth mode with $14M in Seed and Series A funding.  - The company, hatched by General Catalyst with participation from Electric Capital, is building a global consumer preference and consent platform designed to simplify and streamline data access in healthcare. Transforming Consent Management with AI In today's data-driven healthcare landscape, patients and healthcare organizations
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The Fine Print of Health Insurance: Why Surprise Bills Are So Common?

by Charlie Byrge, Senior Vice President of Tendo 10/21/2024 Leave a Comment

The Fine Print of Health Insurance: Why Surprise Bills Are So Common?

Surprise medical bills can be a major headache for anyone, but they can be annoyingly common for those with high-deductible health insurance plans (HDHPs). In fact, half of patients with an HDHP state they have received a surprise medical bill, even though they have insurance coverage. High-deductible plans typically feature lower monthly premiums but higher out-of-pocket expenses. However, these plans can leave patients on the hook for unexpected medical costs that they may not be able to
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How Technology Is Transforming Medical Marijuana Access

by Fred Pennic 10/21/2024 Leave a Comment

How Technology Is Transforming Medical Marijuana Access

Medical marijuana has been used for many years to help patients who may suffer from pain and other ailments. While still controversial in some states and countries, medical marijuana and over the counter products like mood gummies do have their benefits for those who use them.. Unfortunately according to the CDC, 52.5 million people used it illegally in the USA in 2021. According to Pew Research, nine out of 10 people said it should be legalized for medical and recreational use across all of
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