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Fred Pennic, Editor-in Chief | HIT Consultant

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

Rubicon Founders Invests $165M in Caidya to Fuel Global Expansion

by Fred Pennic 01/13/2025 Leave a Comment

Rubicon Founders Invests $165M in Caidya to Fuel Global Expansion

What You Should Know:  - Caidya, a global mid-sized clinical research organization (CRO), announced today a $165 million strategic growth investment from funds managed by Rubicon Founders, a healthcare investment firm focused on building and growing transformative companies.  - The strategic investment will support Caidya's continued expansion and its mission to accelerate the development of innovative therapies for unmet medical needs. Fueling Growth and Strategic
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Hyperautomation in Healthcare: Transforming IT with Benefits and Risks

by Amol Dalvi, VP of Product at Nerdio 01/13/2025 Leave a Comment

Healthcare is navigating an era of unprecedented technological evolution while contending with rising cybersecurity threats and increasing demands on IT systems. Amid these challenges, hyperautomation emerges as a transformative strategy capable to revolutionize operations, enhance security, and drivie efficiency. However, achieving its full potential  requires thoughtful implementation and a proactive risk management.  This article explores hyperautomation’s transformative
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AWS, General Catalyst to Develop GenAI Solutions for Personalized Healthcare

by Fred Pennic 01/13/2025 Leave a Comment

HLTH22: General Catalyst Adds 10 New Health System Partners

What You Should Know:  - Amazon Web Services (AWS) and General Catalyst, a global investment firm, are embarking on a groundbreaking collaboration to transform healthcare through the power of generative AI.  - The strategic partnership brings together AWS's technological expertise and General Catalyst's deep healthcare investment experience to address critical challenges and reimagine the future of care delivery. Leveraging GenAI for Personalized Healthcare By combining
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Baylor Genetics Integrates with Epic’s Aura to Streamline Genetic Testing

by Fred Pennic 01/13/2025 Leave a Comment

Baylor Genetics Integrates with Epic's Aura to Streamline Genetic Testing

What You Should Know:  - Baylor Genetics, a clinical diagnostic laboratory specializing in genetic testing, announced its integration with Aura, the specialty diagnostics suite from Epic EHR.  - The integration will enable healthcare organizations using Epic to seamlessly order Baylor Genetics' tests and access results directly within the EHR, facilitating faster and more informed treatment decisions. Enhancing the Provider Experience This integration streamlines the
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NVIDIA Collaborates with IQVIA, Illumina, and Mayo Clinic to Drive Drug Discovery

by Fred Pennic 01/13/2025 Leave a Comment

NVIDIA Collaborates with IQVIA, Illumina, and Mayo Clinic

What You Should Know:  - NVIDIA announced collaborations with key players like IQVIA, Illumina, Mayo Clinic, and Arc Institute to accelerate drug discovery, enhance genomic research, and pioneer advanced healthcare services using agentic and generative AI. - These strategic partnerships and technologies mark a significant step forward in the application of AI in healthcare.  AI is Transforming Healthcare The convergence of AI, accelerated computing, and biological data is
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Veradigm Enhances EHR Database with SDoH and Mortality Data

by Fred Pennic 01/13/2025 Leave a Comment

Veradigm Enhances EHR Database with SDoH and Mortality Data

What You Should Know:  - Veradigm (OTCMKTS: MDRX), a leading provider of healthcare data and technology solutions, announced a significant expansion of its Veradigm Network EHR (VNEHR) Data with the integration of social determinants of health (SDoH) and mortality data.  - The enhancement provides researchers with a more comprehensive view of patient health, enabling deeper insights and driving innovation in life science research, public health, and academic studies. VNEHR
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Augmedix Awarded Vizient Contract for Ambient AI Documentation Solutions

by Fred Pennic 01/13/2025 Leave a Comment

Augmedix Awarded Vizient Contract for Ambient AI Documentation Solutions

What You Should Know:  - Augmedix, a leader in ambient AI medical documentation and a wholly-owned subsidiary of Commure has secured a contract with Vizient, the nation's largest provider-driven healthcare performance improvement company.  - The agreement grants Vizient's extensive network of healthcare providers access to Augmedix's comprehensive suite of AI-powered documentation solutions. Streamlining Documentation with AI Vizient serves a vast majority of acute care
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HHS Unveils AI Strategic Plan for Healthcare, Human Services and Public Health

by Fred Pennic 01/10/2025 Leave a Comment

HHS Unveils AI Strategic Plan for Healthcare, Human Services and Public Health

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) today has released its Artificial Intelligence (AI) Strategic Plan, outlining a comprehensive vision for how AI can transform healthcare, human services, and public health.  - The HHS AI Strategic Plan serves as a call to action for the healthcare industry, encouraging stakeholders to embrace AI's potential while prioritizing ethical considerations and equitable access.  HHS AI Strategic Plan
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MultiCare VC Arm Invests in AI-Powered Chart Review Platform Layer Health

by Fred Pennic 01/10/2025 Leave a Comment

MultiCare VC Arm Invests in AI-Powered Chart Review Platform Layer Health

What You Should Know:  - MultiCare Capital Partners, the venture arm of large health system MultiCare, today is announcing a strategic investment in Layer Health, a healthcare AI company specializing in automating chart review.  - The investment will accelerate Layer Health's growth and expand the reach of its innovative platform across the healthcare industry. Financial terms of the investment were not disclosed.  AI-Powered Chart Review Chart review, a critical task
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Atropos Health Collaborates with Merck to Accelerate Real-World Evidence Generation

by Fred Pennic 01/10/2025 Leave a Comment

Atropos Health Collaborates with Merck to Accelerate Real-World Evidence Generation

What You Should Know:  - Atropos Health, a pioneer in real-world evidence (RWE) generation, announced a collaboration with Merck to leverage its innovative platform for rapid insights and analytics from real-world data (RWD).  - The strategic partnership will enable Merck's data science and RWE teams to conduct advanced analyses and generate publication-grade studies in less than 48 hours. - The collaboration follows Atropos Health's recent launch of ChatRWD™, a groundbreaking
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