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Fred Pennic, Editor-in Chief | HIT Consultant

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

Verily Launches AI-Powered Chronic Care Solution, Lightpath

by Fred Pennic 06/11/2024 Leave a Comment

Verily Launches AI-Powered Chronic Care Solution, Lightpath

What You Should Know:  - Verily, Alphabet's precision health subsidiary, today announced Lightpath, a next-generation chronic care solution designed to address the evolving needs of health plans and their members.  - The initial offering, Lightpath Metabolic, focuses on empowering individuals with cardiometabolic conditions to achieve and maintain their health goals. Open enrollment is targeted for early 2026. Building on Success with Onduo Lightpath Metabolic leverages the
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Canary Speech Secures $13M for AI-Powered Vocal Biomarkers

by Fred Pennic 06/11/2024 Leave a Comment

Canary Speech Secures $13M for AI-Powered Vocal Biomarkers

What You Should Know:  - Canary Speech, Inc. (Canary), a pioneer in AI-powered voice biomarker technology, announced today it has closed a $13M Series A funding round.  - The round was led by Cortes Capital, LLC (Love’s Private Equity), with participation from Sorenson Communications, LLC., SMK (Japan), and Hackensack Meridian Health. Canary's Cutting-Edge Technology Canary Speech leverages vocal analysis to identify early signs of mental health and neurological conditions.
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Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

by Fred Pennic 06/11/2024 Leave a Comment

Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

What You Should Know:  - Tampa General Hospital (TGH) is embracing artificial intelligence (AI) to streamline documentation workflows and empower physicians to focus on what matters most – their patients. - While thorough documentation is crucial for high-quality care, the process can be time-consuming and detract from valuable patient interactions. To address this challenge, TGH has partnered with Nuance to implement DAX Copilot, an innovative AI-powered solution. DAX Copilot:
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JAMA: Traditional Medicare Is, In Fact, The Failure

by Fred Pennic 06/11/2024 Leave a Comment

JAMA: Traditional Medicare Is, In Fact, The Failure

What You Should Know:  - A new article published in JAMA Internal Medicine reignites the debate about Medicare Advantage and traditional Medicare.  - Dr. Sachin H. Jain, CEO of SCAN Group and SCAN Health Plan, argues in favor of Medicare Advantage, while Drs. Adam Gaffney, David Himmelstein, and Steffie Woolhandler advocate for traditional Medicare. Traditional Medicare: Lower Costs, Fewer Benefits Traditional Medicare offers beneficiaries lower premiums, but it comes with
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KARL STORZ to Acquire Asensus Surgical for $0.35 per Share

by Fred Pennic 06/10/2024 Leave a Comment

KARL STORZ to Acquire Asensus Surgical for $0.35 per Share

What You Should Know:  - Asensus Surgical, Inc. (NYSE American: ASXC), a leading developer of digital surgical technologies, announced today it has entered into a definitive merger agreement with KARL STORZ Endoscopy-America, Inc., a subsidiary of the global medical technology company KARL  STORZ SE & Co. KG. - Asensus Surgical is a pioneer in digital surgery, developing the first intra-operative Augmented Intelligence technology approved for global use. Their LUNA system,
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Teladoc Health Appoints Charles “Chuck” Divita as New CEO

by Executives Hires 06/10/2024 Leave a Comment

Teladoc Health Appoints Charles "Chuck" Divita as New CEO

What You Should Know:  - Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, has announced the appointment of Charles “Chuck” Divita, III, as Chief Executive Officer, effective immediately.  - Alongside his role as CEO, Divita has also joined Teladoc Health’s Board of Directors. Divita Bio/Background Divita transitions to Teladoc Health from GuideWell, a prominent health solutions organization that includes Florida Blue, Florida's leading
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Blood Test for Alzheimer’s on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

by Fred Pennic 06/10/2024 Leave a Comment

Blood Test for Alzheimer's on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

What You Should Know:  - ALZpath, a leader in Alzheimer's disease diagnostics, announced a licensing agreement with Roche for their innovative pTau217 antibody. This paves the way for a blood test to diagnose Alzheimer's disease using Roche's widely used Elecsys® platform.  - The Roche pTau217 test has already received Breakthrough Device designation from the FDA and will be commercialized as part of a collaboration between Roche and Eli Lilly. pTau217: A Game Changer in
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Anterior Secures $20M to Streamline Healthcare Administration with GenAI

by Fred Pennic 06/10/2024 Leave a Comment

Anterior Secures $20M to Streamline Healthcare Administration with GenAI

What You Should Know:  - Anterior, a healthcare administration platform built by clinicians raises $20M in Series A funding round.  - Led by New Enterprise Associates (NEA), the round included participation from Sequoia Capital, Blue Lion Global, and Neo. Formerly known as Co:Helm, Anterior recently rebranded to reflect its focus on moving healthcare administration forward. Unburdening Clinicians with AI Anterior's mission is to free doctors and nurses from the
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White House, Microsoft, Google Partner to Bolster Rural Hospital Cybersecurity

by Fred Pennic 06/10/2024 Leave a Comment

White House, Microsoft, Google Partner to Bolster Rural Hospital Cybersecurity

What You Should Know:  - In a collaborative effort championed by the White House, the American Hospital Association (AHA), Microsoft, and Google announced a new initiative to bolster cybersecurity defenses in rural hospitals across the United States.  - The cybersecurity-focused initiative comes in response to the rising threat of cyberattacks on healthcare providers and the critical role rural hospitals play in their communities. The AHA: A Leader in Cybersecurity
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What Can We Learn From The History of Patient Experience?

by John Zimmerer, VP of Vertical Marketing Healthcare at Smart Communications 06/10/2024 Leave a Comment

What Can We Learn From The History of Patient Experience?

Next year marks the 30th anniversary of the Consumer Assessment of Healthcare Providers and Systems (CAHPS) program, which was created in 1995 to give the healthcare industry clear metrics for assessing patient experience and quality of care.  Yet the results have not improved after three decades of measuring patient experience. In 2023, a Harris poll reported that 73% of U.S. adults felt the healthcare system failed to meet their needs somehow, and two-thirds reported that managing
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