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Fred Pennic, Editor-in Chief | HIT Consultant

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

UCSF and GE HealthCare Launch Care Innovation Hub to Advance Medical Imaging and Precision Medicine

by Fred Pennic 01/15/2025 Leave a Comment

UCSF and GE HealthCare Launch Care Innovation Hub to Advance Medical Imaging and Precision Medicine

What You Should Know: - The University of California, San Francisco (UCSF) Department of Radiology & Biomedical Imaging and GE HealthCare have joined forces to establish a Care Innovation Hub, a collaborative research initiative focused on addressing critical clinical challenges in medical imaging and treatment.  - The Care Innovation Hub leverages the strengths of both academia and industry to translate novel technologies into clinical practice, ultimately improving patient care
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Amwell & Vida Health Partner to Expand Virtual Cardiometabolic Care Offerings

by Fred Pennic 01/15/2025 Leave a Comment

Amwell & Vida Health Partner to Expand Virtual Cardiometabolic Care Offerings

What You Should Know: - Amwell (NYSE: AMWL), a provider of digital health solutions, announced a new partnership with Vida Health, a virtual cardiometabolic care provider.  - The strategic collaboration expands Amwell's clinical program portfolio, offering a comprehensive suite of cardiometabolic care services to its extensive network of health plans and employers. Addressing the Cardiometabolic Health Crisis Over 40% of American adults struggle with obesity, a major risk factor
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25 Executive Digital Health Predictions & Trends to Watch in 2025

by Fred Pennic 01/14/2025 Leave a Comment

25 Executive Digital Health Predictions & Trends to Watch in 2025

From the rise of personalized nutrition to the growing importance of interoperability, healthcare is on the cusp of transformative change. Explore the key trends and predictions that will shape the healthcare landscape in 2025, according to 25 industry leaders. Naveen Jain, CEO and Founder of Viome "By 2025, personalized nutrition will evolve from a niche innovation to a cornerstone of mainstream wellness. Faced with escalating healthcare costs, insurers and employers will adopt
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Digital Health Funding Decline in 2024: Rise of the Mega Funds

by Fred Pennic 01/14/2025 Leave a Comment

Digital Health Funding in 2024: A Year of Contrasts and Concentration

What You Should Know:  The digital health landscape in 2024 was marked by a surge in early-stage investments alongside significant moves by established healthcare giants, according to Rock Health's annual end of the year funding report.  - The Rock Health report states the "David and Goliath" phenomenon has created a complex ecosystem where both small startups and large players are vying for a share of the innovation pie. A Year of Contrasts While venture funding in U.S.
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AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

by Fred Pennic 01/14/2025 Leave a Comment

AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

What You Should Know:  - Sutter Health and GE HealthCare announced a seven-year strategic partnership, called a Care Alliance, to enhance access to innovative imaging services and create a more seamless and coordinated experience for clinicians and patients across the Sutter Health system.  - The collaboration, one of GE HealthCare's largest enterprise strategic partnerships, will bring advanced imaging technology and digital solutions to communities throughout
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Teladoc Health Joins Amazon’s Health Benefits Connector for Cardiometabolic Programs

by Fred Pennic 01/14/2025 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know:  - Teladoc Health (NYSE: TDOC), a global leader in virtual care, announced a new collaboration with Amazon to improve access to its chronic condition management programs.  - The strategic partnership will allow eligible Amazon customers to seamlessly discover and enroll in Teladoc Health's programs for diabetes, hypertension, prediabetes, and weight management through Amazon's Health Benefits Connector. Addressing the Chronic Disease Burden More than
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Lantheus (LNTH) Acquires Life Molecular Imaging for $750M

by Fred Pennic 01/14/2025 Leave a Comment

Lantheus (LNTH) Acquires Life Molecular Imaging for $750M

What You Should Know:  - Lantheus Holdings, Inc. (NASDAQ: LNTH), a leading radiopharmaceutical company, announced a definitive agreement to acquire Life Molecular Imaging Ltd. for $350M upfront and up to an additional $400M in potential earn-out and milestone payments.  - The strategic acquisition strengthens Lantheus' position in the radiopharmaceutical market and establishes a commercial presence in the Alzheimer's disease (AD) space. Life Molecular Imaging
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Arcadia Launches AI-Powered Precision Medicine Solution

by Fred Pennic 01/14/2025 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know:  - Arcadia, a healthcare data platform, announced a new AI-driven precision medicine solution designed to identify patients with undiagnosed or misdiagnosed conditions who are at risk of poor health outcomes.  - The new AI-enabled solution empowers healthcare providers to connect these patients with appropriate treatments, ultimately improving their health and reducing the total cost of care. AI-Driven Insights for Precision Medicine Arcadia launched
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WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

by Fred Pennic 01/14/2025 Leave a Comment

WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

What You Should Know:  - WindRose Health Investors, a New York-based healthcare private equity firm, announced a strategic investment in CIVIE, an AI-powered ecosystem of radiology solutions.  - The investment will fuel CIVIE's growth and development of its innovative technology platform, designed to optimize revenue, enhance productivity, and improve patient outcomes for radiology practices and hospital systems. A Collaborative Partnership WindRose partnered with the
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Mayo Clinic Launches Digital Pathology Platform

by Fred Pennic 01/13/2025 Leave a Comment

Mayo Clinic Launches Digital Pathology Platform

What You Should Know:  - Mayo Clinic launches Mayo Clinic Digital Pathology, a platform designed to leverage the power of its vast digital slide archive to transform pathology and accelerate medical advancements.  - The initiative, powered by a collaboration with NVIDIA and Aignostics, aims to unlock the potential of digital pathology and drive innovation in diagnostics and treatment. Addressing the Challenges of Analog Pathology Traditional pathology practices often rely on
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