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Fred Pennic, Editor-in Chief | HIT Consultant

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

Abridge Unveils AI-Native Clinician Intelligence Platform with Enterprise-Wide Northwestern Medicine Rollout

by Fred Pennic 06/12/2026 Leave a Comment

Abridge Unveils AI-Native Clinician Intelligence Platform with Enterprise-Wide Northwestern Medicine Rollout

What You Should Know At its keynote in New York City, generative AI pioneer Abridge unveiled the first AI-native clinician intelligence platform built to orchestrate clinical, financial, and evidence-based decisions.The expansion shifts Abridge from a passive, post-visit ambient documentation tool to an active, end-to-end intelligence layer spanning pre-visit chart synthesis, intra-visit clinical decision support, and real-time billing codes.Expanding its inpatient care footprint, Abridge
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Nordic Appoints Alicia Harkness as Chief Executive Officer

by Healthcare Executive Hires 06/12/2026 Leave a Comment

Nordic Appoints Alicia Harkness as Chief Executive Officer

What You Should Know Global health technology and consulting firm Nordic has announced the appointment of Alicia Harkness as Chief Executive Officer, effective June 15, 2026.Harkness succeeds a strong baseline, transitioning into the role after a distinguished tenure as a founding partner at Guidehouse, where she built and scaled their Global Health business into a dominant market sector within six years.The executive onboarding lands as Application Managed Services (AMS) undergo a major
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M&A: Med-Metrix Acquires CanAide to Automate Patient Access

by Fred Pennic 06/11/2026 Leave a Comment

Med-Metrix Acquires CanAide to Automate Patient Access

What You Should Know Technology-enabled revenue cycle management (RCM) platform Med-Metrix, LLC has signed a definitive agreement to acquire front-end automation specialist CanAide, Inc. from HCAP Partners.This marks Med-Metrix's second major acquisition agreement within a single week, arriving immediately on the heels of its $147 million acquisition of Health Catalyst’s mid-revenue cycle software business, Vitalware.Backed by private equity heavyweights Harvest Partners and A&M Capital
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Surgical AI Startup Uncovr Emerges from Stealth with $7M Seed Funding

by Fred Pennic 06/11/2026 Leave a Comment

What You Should Know Surgical computer vision pioneer Uncovr has emerged from stealth with a $7M seed funding round led by Index Ventures.The investment features strategic backing from Seedcamp, Frst, No Label Ventures, and Entrepreneurs First, alongside notable healthcare angels including Color Health CEO Othman Laraki and Digital Surgery founder Jean Nehme.Founded by Ines Iraki, Johann Diep, and renowned surgeon Professor Eric Vibert, the platform targets a massive operational bottleneck:
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Scispot Secures $8M to Expand AI-Native Operating Layer for Modern Labs

by Fred Pennic 06/09/2026 Leave a Comment

Scispot Secures $8M to Expand AI-Native Operating Layer for Modern Labs

What You Should Know Kitchener-Waterloo-based lab informatics innovator Scispot has finalized an $8M Series A funding round led by growth equity firm Avenue Growth Partners.The platform addresses severe laboratory fragmentation by functioning as a unified, AI-native operating layer that replaces manual data handoffs between disconnected instruments, spreadsheets, and legacy LIMS configurations.Scispot’s operational infrastructure is deployed across more than 100 enterprise labs in biotech,
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Blue Cross MA Inks Its First Oncology Value-Based Deal with Thyme Care

by Fred Pennic 06/09/2026 Leave a Comment

Thyme Care Launches Integrated Social Support (ISS) Model Powered by AI Acuity Engine

What You Should Know Blue Cross Blue Shield of Massachusetts ("Blue Cross") has formalized its first-ever specialty-specific, outcomes-based value-based contract by partnering with cancer care orchestration innovator Thyme Care.The risk-bearing model shifts oncology reimbursement metrics entirely away from traditional, volume-driven fee-for-service loops to prioritize reimbursement tied directly to patient health outcomes.While this marks the plan's first specialized oncology venture, Blue
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Stepful Secures $55M to Expand AI-Powered Healthcare Workforce Training

by Fred Pennic 06/09/2026 Leave a Comment

Stepful Secures $55M to Expand AI-Powered Healthcare Workforce Training

What You Should Know Healthcare workforce infrastructure leader Stepful has announced a $55M Series C funding round led by premier venture firm Oak HC/FT.The financing round features strategic backing from new investors Foresite Capital, Hearst Ventures, and the Citi Impact Fund, alongside existing investors including Y Combinator and Intermountain Health.The platform addresses severe, systemic labor shortages by serving as a vertically integrated school-as-a-service provider for more than 35
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AGS Health Launches InnovationWorks™ Center of Excellence to Scale Revenue Cycle AI

by Fred Pennic 06/09/2026 Leave a Comment

AGS Health Launches InnovationWorks™ Center of Excellence to Scale Revenue Cycle AI

What You Should Know Tech-enabled revenue cycle management (RCM) pioneer AGS Health has launched AGS Health InnovationWorks™, a dedicated center of excellence purpose-built to deliver pragmatic, ROI-driven RCM AI solutions.The center addresses severe operational barriers by engineering AI tools to adapt natively to a health system's specific payer mix, localized workflows, and rigid compliance mandates.Backed by global tech and investment leaders including Blackstone and Amazon Web Services
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Tegria Appoints Former TriZetto CEO Craig Mengert to Succeed Retiring Brian Cahill

by Healthcare Executive Hires 06/09/2026 Leave a Comment

Tegria Appoints Former TriZetto CEO Craig Mengert to Succeed Retiring Brian Cahill

What You Should Know Global healthcare consulting and services leader Tegria has announced the appointment of Craig Mengert as Chief Executive Officer, effective immediately.Mengert succeeds Brian Cahill, who is retiring after a 47-year career and transitioning to serve as an independent director on Tegria’s Board of Directors.The executive transition follows Tegria's recent acquisition by Altaris, LLC, a healthcare-dedicated private equity firm focused on tech modernization and operational
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Klinic Inc. Secures $24M to Scale Specialty Care Enablement Platform

by Fred Pennic 06/08/2026 Leave a Comment

What You Should Know Frisco, Texas-based health technology provider Klinic Inc. has successfully secured $24M in a newly finalized equity financing round. Formally signed by co-founder and CEO Avish Bhama, the publicly available SEC Form D filing indicates the company closed its first sale in January 2026, pulling capital from 34 independent investors. Operating as a "Shopify for independent healthcare providers," the digital enablement platform equips medical practices with comprehensive tools spanning marketing, intake software, EHR integration, RCM, and prior authorization tracking. While initially focused on high-friction behavioral health sectors (including therapy, psychiatry, and Suboxone access), Klinic has expanded its platform across 12 medical specialties, including oncology, cardiology, and rare disease therapies. The company maintains a strategic, multi-sided network structure, collaborating with the independent clinician group Klinic Medical while offering specialized service lines that connect pharmaceutical brands directly with prescribers. The clinical and operational marketplace for independent specialty medical practices is navigating an intensive period of structural realignment. For over a decade, independent practitioners and localized medical groups across the United States have faced a complex uphill battle. While consumer demand for hyper-targeted, specialized medical intervention has grown exponentially, the backend technological infrastructure required to launch, market, and safely maintain an independent clinic remains incredibly fragmented. Small practices are routinely forced to spend thousands of dollars trying to stitch together disconnected software platforms—handling patient acquisition, rigid intake workflows, electronic health records (EHR), medical billing, and complex insurance navigation entirely from scratch. When clinical administrative overhead begins to rival actual patient care time, independent practices inevitably experience severe operational burnout or choose to collapse back into massive corporate hospital systems. This consolidation restricts consumer choice, drives up unmanaged commercial care expenditures, and deepens localized access gaps for complex chronic conditions. For the healthcare ecosystem, preserving medical equity demands a centralized, turnkey technology framework capable of automating the entire care-delivery process end to end. To eliminate this operational friction and build a predictable system of clinical action, specialty care enablement pioneer Klinic Inc. has finalized a $24 million equity financing round. Backed by an extensive network of 34 distinct investors—including prominent early-stage tech champions such as Tau Ventures, Upstream Ventures, Proofpoint Capital, Draper Associates, and Wicklow Capital—the Frisco, Texas-based enterprise will leverage the fresh capital to aggressively scale its direct practice infrastructure across North America. Activating a Unified Practice Operating System Across 12 Specialties Founded in 2021 by serial entrepreneurs Avish Bhama and Dan Cheung, Klinic operates under a straightforward, disruptive mandate: serve as an all-encompassing digital enablement layer, effectively acting as a "Shopify" for independent medical professionals. Rather than forcing a physician to become a software integration engineer, Klinic delivers a fully integrated, cloud-native operational stack that handles everything required to build a compliant medical brand from day one. The platform provides an exhaustive suite of core back-office and patient-facing software capabilities: Growth and Patient Acquisition: Natively manages marketing pipelines and localized patient intake routing to predictably drive down subscriber acquisition costs. Practice Workflow Optimization: Embeds custom customer relationship management (CRM) tools, care coordination frameworks, and a secure Electronic Health Record (EHR) system explicitly built for rapid patient chart auditing. Financial Integrity Infrastructure: Deploys automated Revenue Cycle Management (RCM) modules paired with intelligent prior authorization software to accelerate insurance collections and protect cash flow. While Klinic’s initial software versions focused heavily on alleviating the intense access bottlenecks inside behavioral health and addiction medicine—providing scalable virtual infrastructure for medical weight loss, therapy, and Suboxone delivery—the platform has expanded into 12 distinct medical specialties. Today, independent specialists across highly complex fields, including cardiology, oncology, and rare disease or gene therapy pipelines, utilize the platform to deploy their clinical expertise without absorbing traditional institutional overhead. Bridging the Gap for Specialty Pharmaceuticals A major, highly defensive commercial moat for Klinic resides within its specialized service line engineered directly for specialty pharmaceutical manufacturing companies. High-value, specialized medications often face immense distribution hurdles, getting trapped behind complex prior authorization cycles, fragmented laboratory verifications, and sparse prescriber awareness. Klinic addresses this marketplace bottleneck by creating a direct, automated link that bridges the historic gap between hard-to-access medications, independent licensed clinicians, and the vulnerable patients who need them most. To complement this technology, the organization maintains an operational partnership with an independent physician network known as Klinic Medical, establishing a reliable clinical proving ground where patients can utilize the platform to directly secure safe, integrated, and highly specialized healthcare services from the comfort of home.

What You Should Know Frisco, Texas-based health technology provider Klinic Inc. has successfully secured $24M in a newly finalized equity financing round.Formally signed by co-founder and CEO Avish Bhama, the publicly available SEC Form D filing indicates the company closed its first sale in January 2026, pulling capital from 34 independent investors.Operating as a "Shopify for independent healthcare providers," the digital enablement platform equips medical practices with comprehensive tools
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