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Fred Pennic

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

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Fred Pennic

Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant. Fred is a seasoned health IT strategist with fourteen years of experience in providing advisory services to executive leadership at hospitals and health systems. Some of his previous clients include Mayo Clinic, Stanford Hospital and Health Clinics, Northwell Health, Trinity Health.

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Health Care Consumerism | Nexsen Pruet, PLLC

Health Care Consumerism | Nexsen Pruet, PLLC
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Life Sciences | News, Analysis, Insights

Life Sciences | News, Analysis, Insights - HIT Consultant
What You Should Know: - Qualio — the trusted cloud quality management system software for the entire life sciences ecosystem announced their $50M Series B funding round led by Tiger Global. Menlo Ventures also joined this round, alongside the following current Qualio investors: Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, and Storm Ventures. - This latest round of funding will support Qualio’s efforts to expand accessibility of their electronic quality management
What You Should Know: - Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction. - The acquisition, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year. -

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Behavioral Health | News, Analysis, Insights

Behavioral Health | News, Analysis, Insights - HIT Consultant
What You Should Know: - Hurdle, a Washington D.C.-based digital mental health company, announced the publication of a white paper on Black mental health before and after George Floyd's death. - Co-authored by leading mental health researchers Dr. Harold "Woody" Neighbors, Professor Emeritus, University of Michigan School of Public Health, and Dr. Norma L. Day-Vines, Associate Dean for Diversity and Faculty Development in the School of Education at Johns Hopkins
What You Should Know: - Amazon today launched a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week, and include access to free counseling sessions in-person or through the phone, video, or text. - This system-wide benefit, called

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Reprints and Permissions - HIT Consultant

Reprints and Permissions
Permissions
HIT Consultant is protected in its entirety by copyright. No material that appears online may be reprinted in whole or part without permission. To obtain permission for individual articles or if you would like to syndicate
HIT Consultant content on a regular basis, please contact Fred Pennic Fpennic@hitconsultant.net or 404-941-4887
Reprints
Reprints are a great promotional tool for your business. Our reprint services include: 1. Custom Reprints Quality customized reprints of HIT Consultant articles that are of particular interest to your healthcare organization can be utilized as a powerful promotional tool for your in-house marketing and/or training material. 2. E-Prints (electronic reprints for online display) In addition to custom reprints, HIT Consultant can also create customized, digital version of HIT Consultant articles in high resolution PDF format that can be posted directly on your company or healthcare provider’s website or intranet. To learn more, please contact: Jasmine Pennic – Director of Marketing Jpennic@hitconsultant.net

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Wearables in Healthcare | Medical Grade Wearables

What You Should Know: - Best Buy Health, today announced it is offering a full array of health and safety services available on the Apple Watch to help to make it easier for older adults to stay safe, healthy, and connected. - Now Apple Watch users with the Lively app can get help from highly trained Lively Urgent Response Agents to get help in an emergency and non-emergency situations, from medical emergencies to car trouble and more. How to Access Lively Health & Safety Services

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mHealth | Mobile Health | Mobile Healthcare

mHealth | Mobile Health | Mobile Healthcare - HIT Consultant
What You Should Know: -PocketPills, Canada’s largest and fastest-growing online pharmacy, announced it has raised $30M in Series B funding, led by TELUS Ventures. The investment will be used to broaden PocketPills’ product offering and further accelerate its national expansion, with facilities opening in Quebec and Alberta that will help achieve its goal of nationwide same-day delivery. - PocketPills is a technology-first online pharmacy, and its research and development team of 30
What You Should Know: - Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B. - The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities. Boston

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Healthcare Mergers & Acquisitions | M&A Activity

What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem

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ACO | Accountable Care Organizations News

- CareMount Medical’s next-generation ACOs have saved more than $778,582 in shared savings in 2018. CareMount ACO was one of 38 Next Generation ACOs nationally to achieve earned savings for 2018 Performance Year.- In 2019, CMS awarded CareMount Health Solutions ACO, LLC a perfect score of 61 out of 61 points on its Initial Readiness Review (IRR). CMS conducts IRRs for all ACOs entering the Next Generation ACO Model.Chappaqua, NY-based CareMount Medical announces its next-generation ACOs have

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