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Fred Pennic, Editor-in Chief | HIT Consultant

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

OpenAI Acquires Torch: Building the ‘Unified Medical Memory’ for ChatGPT Health”

by Fred Pennic 01/12/2026 Leave a Comment

OpenAI Acquires Torch: Building the 'Unified Medical Memory' for ChatGPT Health"

What You Should Know - OpenAI has officially acquired the healthcare technology startup Torch, marking a significant expansion of its ChatGPT Health capabilities. - The deal, valued at approximately $60M -$100M according to reports, aims to create a "unified medical memory" for AI by consolidating scattered patient data from hospitals, labs, and wearables into a single, context-aware engine. The "Unified Medical Memory" Pivot: Solving Data Silos For most patients, medical data is
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Digital Health Funding Hits $14.2B in 2025: A Year of AI Exuberance and Market Bifurcation

by Fred Pennic 01/12/2026 Leave a Comment

Digital Health Funding Hits $14.2B in 2025: A Year of AI Exuberance and Market Bifurcation

What You Should Know:  - If 2024 was a year of correction, 2025 was the year of crystallization. The tremors of innovation have settled into bedrock infrastructure, and the market has responded with a distinct roar. - Annual funding for U.S. digital health startups climbed to $14.2Bin 2025, a meaningful 35% increase over the previous year, according to Rock Health’s annual year-end report. While we haven't returned to the fever dream of pandemic-era peaks, the data reveals a "new
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Mitch Rales Leads $43M Round to Scale VieCure’s AI Oncology Platform

by Fred Pennic 01/12/2026 Leave a Comment

Mitch Rales Leads $43M Round to Scale VieCure’s AI Oncology Platform

What You Should Know:  - VieCure has raised $43M led by Mitch Rales (co-founder of Danaher) and Northpond Ventures. The funding will scale VieCure's Halo Intelligence™ platform, an AI-powered clinical decision support system that has already increased tumor sequencing rates by 8x for 30,000 patients. - Through a partnership with Rales' firm New Bearing, VieCure will implement a world-class business system to modernize community oncology clinics, which treat 80% of U.S. cancer
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NVIDIA and Eli Lilly Launch AI Co-Innovation Lab to Reinvent Drug Discovery

by Fred Pennic 01/12/2026 Leave a Comment

NVIDIA and Eli Lilly Launch AI Co-Innovation Lab to Reinvent Drug Discovery

What You Should Know - NVIDIA and Eli Lilly and Company have announced a historic $1B, five-year investment to launch an AI co-innovation lab in the San Francisco Bay Area. - Utilizing the NVIDIA BioNeMo platform and the next-generation Vera Rubin architecture, the lab will co-locate top AI engineers with biology experts to build a "continuous learning system" that integrates agentic wet labs with robotic manufacturing and physical AI. The "Continuous Learning" Framework: Connecting
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Anthropic Debuts ‘Claude for Healthcare’ and Opus 4.5 to Engineer the Future of Life Sciences

by Fred Pennic 01/12/2026 Leave a Comment

Anthropic Debuts ‘Claude for Healthcare’ and Opus 4.5 to Engineer the Future of Life Sciences

What You Should Know - Anthropic has officially launched Claude for Healthcare, a suite of HIPAA-ready tools that allow providers and payers to use its latest model, Opus 4.5, for high-stakes medical tasks like prior authorization and claims appeals. - Simultaneously, the company has significantly expanded Claude for Life Sciences, adding deep integrations with platforms like Medidata and ClinicalTrials.gov to automate clinical trial operations and regulatory submissions. The Engine:
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Abridge and Availity Partner to Automate Prior Authorization at the Point of Conversation

by Fred Pennic 01/12/2026 Leave a Comment

Abridge and Availity Partner to Automate Prior Authorization at the Point of Conversation

What You Should Know - Abridge, the leader in clinical conversational AI, and Availity, the nation’s largest health  information network, have launched a first-of-its-kind collaboration to automate prior authorization in real-time. - By embedding Availity’s FHIR-native Intelligent Utilization Management solution into Abridge’s Contextual Reasoning Engine, the partnership aims to provide clinicians with visibility into coverage requirements and enable payer determinations during the
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HealthEx and Anthropic Partner to Bring Personal Health Records Directly to Claude

by Fred Pennic 01/11/2026 Leave a Comment

HealthEx and Anthropic Partner to Bring Personal Health Records Directly to Claude

What You Should Know - HealthEx and Anthropic have launched a first-of-its-kind integration that allows Claude Pro and Max users to securely connect their medical records from over 50,000 provider organizations directly to the AI.  - The partnership leverages the federal TEFCA framework and a new Model Context Protocol (MCP) to provide personalized health summaries and lab interpretations while ensuring that sensitive patient data is never used for model training. Bridging the
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Eli Lilly Taps Chai Discovery’s Frontier AI to Design ‘Computer-Aided’ Biologics

by Fred Pennic 01/09/2026 Leave a Comment

OpenAI-Backed Chai Discovery Raises $130M to Tackle "Undruggable" Targets with Generative AI

What You Should Know - Eli Lilly and Company has entered a strategic collaboration with Chai Discovery to deploy frontier AI for the design of novel biologic therapeutics. - The partnership includes the development of an exclusive, purpose-built AI model trained on Lilly’s proprietary data, leveraging Chai's Chai-2 platform to compress discovery timelines from months to weeks. The "Zero-Shot" Revolution: Slashing Discovery Timelines In the world of biologics, antibody design has
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AccurKardia Secures Second FDA Clearance for AccurECG 2.0 to Tackle Cardiac Backlogs

by Fred Pennic 01/09/2026 Leave a Comment

AccurKardia Secures Second FDA Clearance for AccurECG 2.0 to Tackle Cardiac Backlogs

What You Should Know - AccurKardia has announced its second FDA 510(k) clearance for the AccurECG™ Analysis System (v2.0). This enterprise-grade, cloud-based platform is designed to ingest data from any ECG hardware—including patches and Holters—and deliver fully automated, near real-time interpretation for 13 rhythm classifications with 99% accuracy. - As cardiac data volumes surge due to the proliferation of wearables, AccurECG 2.0 allows hospitals and independent diagnostic testing
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DiMe Launches Initiative to Scale Trusted AI Care Navigation

by Fred Pennic 01/09/2026 Leave a Comment

DiMe Launches Initiative to Scale Trusted AI Care Navigation

What You Should Know - The Digital Medicine Society (DiMe) has launched a new multi-stakeholder initiative, "Scaling Trusted, High-Impact AI Care Navigation," to accelerate the responsible adoption of AI tools that help patients manage appointments, referrals, and insurance.  - Led by title sponsor Intel and a founding coalition of tech and healthcare leaders, the project will develop open-access resources to ensure AI-enabled care journeys are patient-centered, equitable, and
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