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Fred Pennic, Editor-in Chief | HIT Consultant

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

Bluesight Acquires Sectyr to Enhance 340B Compliance and Audit Capabilities

by Healthcare Mergers and Acquisitions (M&A) 10/18/2024 Leave a Comment

Bluesight Acquires Sectyr to Enhance 340B Compliance and Audit Capabilities

What You Should Know:  - Bluesight, a provider of Medication Intelligence™ solutions for healthcare organizations, has acquired Sectyr, a top-tier compliance and audit management platform. Financial details of the acquisition were not disclosed.  - The strategic acquisition expands Bluesight's offerings to include robust 340B audit and compliance tools, addressing the growing needs of its customers in navigating the complexities of the 340B Drug Pricing Program. Sectyr:
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Google Research Expands AI-Powered Diabetic Retinopathy Screening to India and Thailand

by Fred Pennic 10/17/2024 Leave a Comment

Google Research Expands AI-Powered Diabetic Retinopathy Screening to India and Thailand

What You Should Know:  - Google Research is taking a significant step towards reducing preventable blindness by expanding access to its AI-powered diabetic retinopathy screening model in India and Thailand.  - This initiative aims to address the growing need for accessible and efficient screening in regions with limited access to eye care specialists. The Growing Threat of Diabetic Retinopathy Diabetes is a global health concern, with an estimated 537 million adults living
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Pip Care Raises $5M for Personalized Surgical Journey Platform

by Fred Pennic 10/17/2024 Leave a Comment

Pip Care Raises $5M for AI-Powered Surgical Journey Platform

What You Should Know:  - Pip Care, a company revolutionizing the surgical experience for patients and care teams, has successfully raised $5 million in Series A funding led by A1 Health Ventures with participation from UPMC Enterprises. - Pip Care is the first company to emerge from a collaboration between Redesign Health, a global healthcare venture builder, and UPMC Enterprises, the innovation arm of UPMC. Optimizing the Surgical Journey with Technology and Human Touch Pip
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OPTAC-X, Mayo Clinic Pioneer Satellite-Enabled Telehealth for Emergency Cardiac Care

by Fred Pennic 10/17/2024 Leave a Comment

OPTAC-X, Mayo Clinic Pioneer Satellite-Enabled Telehealth for Emergency Cardiac Care

What You Should Know:  - OPTAC-X, a leader in telehealth solutions, and Mayo Clinic have achieved a milestone in emergency medicine by utilizing satellite-enabled telehealth to guide a successful cardiac arrest resuscitation outside of a hospital setting.  - This innovative approach, detailed in a recent publication in "Mayo Clinic Proceedings: Digital Health," highlights the potential of remote patient monitoring to extend critical medical expertise to even the most remote
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65% of Consumers Do Not Seek Healthcare Until It’s Urgent, PwC Survey Reveals

by Fred Pennic 10/17/2024 Leave a Comment

65% of Consumers Do Not Seek Healthcare Until It’s Urgent, PwC Survey Reveals

What You Should Know:  - A new survey from PwC highlights significant disparities in how consumers experience the U.S. healthcare system with 65% of consumers revealing they do not seek healthcare until it’s urgent.  - The 2024 Healthcare Consumer Insights Survey reveals concerning trends in affordability, preventive care, and technology adoption, underscoring the need for personalized and accessible solutions. Affordability Crisis and Generational Divide The survey found
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Q/A: Trace3 Director Talks Leveraging AI-Driven Anomaly Detection for Enhanced Patient Data Privacy

by Fred Pennic 10/17/2024 Leave a Comment

Q/A: Trace3 Director Talks Leveraging AI-Driven Anomaly Detection for Enhanced Patient Data Privacy

With healthcare data breaches on the rise and concerns about patient privacy escalating, the role of AI in anomaly detection is becoming increasingly critical. To address these challenges and improve patient data security, AI-driven anomaly detection is emerging as a critical solution. To gain deeper insights into this evolving landscape, we recently sat down with Sarah Danielson, Sr. Director of Healthcare Strategy and Advisory at Trace3 to discuss how AI-driven anomaly detection can help
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Evvy Appoints Dr. Kate McLean as First Chief Medical Officer

by Healthcare Executive Hires 10/17/2024 Leave a Comment

Evvy Appoints Dr. Kate McLean as First Chief Medical Officer

What You Should Know:  - Evvy, a female-founded biotech startup revolutionizing women's health, has announced the appointment of Dr. Kate McLean as its first Chief Medical Officer (CMO).  - As CMO, Dr. McLean will focus on expanding its patient offerings, uncovering new biomarkers, and building new strategic partnerships.  Dr. McLean's Extensive Experience in Women's Health Dr. McLean brings a wealth of experience to Evvy, having worked in diverse settings and roles
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CodexIT Acquires Kyval to Expand Healthcare Data Services

by Healthcare Mergers & Acquisitions (M&A) 10/17/2024 Leave a Comment

CodexIT Acquires Kyval to Expand Healthcare Data Services

What You Should Know:  - CodexIT, a national leader in healthcare technology solutions, has acquired Marsden's Kyval, a data migration, validation, and archiving company based in New York City.  - The acquisition marks CodexIT's fourth acquisition in the past two years and reinforces its commitment to providing comprehensive, patient-centric technology solutions for healthcare organizations. Expanding Data Services Expertise Kyval is a tech-enabled healthcare data company
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HLTH 2024: 21 Executives Share Their Predictions and Insights

by Fred Pennic 10/16/2024 Leave a Comment

HLTH 2024: 21 Executives Share Their Predictions and Insights

As HLTH 2024 prepares to convene in Las Vegas, the anticipation for groundbreaking insights and transformative discussions is palpable. To get a glimpse into the key themes and predictions shaping this year's event, we reached out to 21 digital health executives for their expert perspectives. From the rise of generative AI and the evolving role of virtual care to the increasing focus on health equity and value-based care, these industry leaders offer a diverse range of perspectives on the
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Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

by Fred Pennic 10/16/2024 Leave a Comment

Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

What You Should Know:  - Legion Health, a Y Combinator-backed digital mental health startup, has secured $6.3M in seed funding to support its evolution from a marketplace platform to a full-fledged digital psychiatry practice.  - The Austin-based company is leveraging AI to enhance efficiency, improve patient care, and address the challenges faced by both providers and patients in mental healthcare. From Marketplace to Digital Practice Legion Health initially focused on
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