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Fred Pennic, Editor-in Chief | HIT Consultant

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

Digital Health Spending to Surge as Purchasers Prioritize Value and Outcomes

by Fred Pennic 10/14/2024 Leave a Comment

Digital Health Spending to Surge as Purchasers Prioritize Value and Outcomes

What You Should Know:  - A new survey by the Peterson Health Technology Institute (PHTI) reveals that health plans, employers, and health systems are poised to increase their investment in digital health solutions in the coming year.  - The 2024 State of Digital Health Purchasing survey provides valuable insights into the evolving landscape of digital health adoption, highlighting key trends in spending, contracting, and future priorities. Sustained Growth in Digital Health
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Medicare Approves Cleerly’s AI-Powered Heart Scan for Millions of Beneficiaries

by Fred Pennic 10/14/2024 Leave a Comment

Medicare Approves Cleerly's AI-Powered Heart Scan for Millions of Beneficiaries

What You Should Know:  - In a significant step towards improving cardiovascular care, several Medicare Administrative Contractors (MACs) have granted coverage for Cleerly's AI-enabled Quantitative Coronary Topography (AI-QCT) scans.  - The decision expands access to Cleerly's potentially life-saving technology for Medicare beneficiaries at risk of heart attacks. Expanding Access to Innovative Cardiac Care Cleerly, a company dedicated to eradicating heart attacks, sought MAC
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TytoCare, Frontier Health Partner to Expand Access to Virtual Primary Care

by Fred Pennic 10/14/2024 Leave a Comment

TytoCare Awarded FDA Clearance for AI Lung Sound Analysis

What You Should Know:  TytoCare, a leading provider of virtual care and remote examination technology, has partnered with Frontier Health, a Texas-based direct primary care organization, to offer a virtual extension of Frontier's services.  - The strategic collaboration will provide Frontier Direct Care members with access to TytoCare's Home Smart Clinic device, enabling them to conduct virtual visits with their primary care providers from the comfort of their homes. Enhancing
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Abridge, Wolters Kluwer Partner on Ambient AI and UpToDate

by Fred Pennic 10/14/2024 Leave a Comment

Abridge, Wolters Kluwer Partner on Ambient AI and UpToDate

What You Should Know:  - Wolters Kluwer Health and Abridge have joined forces to integrate UpToDate®, a leading clinical decision support (CDS) solution, into the Abridge AI-powered clinical documentation platform.  - The collaboration aims to streamline clinical workflows, improve patient care, and reduce the administrative burden on clinicians. Enhancing Clinical Documentation with Real-Time Evidence Abridge's AI-powered platform automates clinical documentation in
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4 in 5 Surgeons Believe AI Can Bridge The Rural Surgical Gap

by Fred Pennic 10/11/2024 Leave a Comment

4 in 5 Surgeons Believe AI Can Bridge The Rural Surgical Gap

What You Should Know:  - A recent survey of 1,000 U.S. surgeons reveals a strong belief in the power of digital health to reduce disparities in access to surgical expertise, particularly in under-resourced communities.  - The State of Surgery survey, commissioned by Medtronic, highlights the potential of live streaming, artificial intelligence (AI), and virtual reality (VR) to transform surgical care and improve healthcare equity. Bridging the Gap in Surgical Access The
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Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

by Fred Pennic 10/11/2024 Leave a Comment

Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

What You Should Know:  - Cytovale, a medical diagnostics company revolutionizing early disease detection secures $100M in Series D funding round led by Sands Capital with participation from new investor Canada Pension Plan Investment Board (CPP Investments) and existing investors.  -  The investment will fuel the expansion of Cytovale's innovative sepsis diagnostic, IntelliSep, to more hospital emergency departments (EDs) and health systems nationwide. IntelliSep:
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Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

by Fred Pennic 10/11/2024 Leave a Comment

Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

In a time when healthcare is always changing, the pharmaceutical sector is under more pressure to ensure patient safety while maintaining compliance with stringent regulatory standards. As the complexity of pharmaceutical delivery rises, technology has become ever more crucial in tracking and safeguarding pharmacological products. One especially remarkable development in this area is PharmaWatch, a real-time tracking system that enhances pharmaceutical control and enables healthcare
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RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

by Fred Pennic 10/10/2024 Leave a Comment

RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

What You Should Know:  - RadiantGraph, an AI-powered platform designed to transform consumer engagement in healthcare, has secured $11M in Series A funding led by M13, with significant participation from XYZ Ventures and True Ventures.  - The investment will fuel the expansion of RadiantGraph's platform capabilities and drive further growth within health plans and healthcare service organizations. Addressing the Challenges of Member Engagement Traditional methods of member
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Microsoft Expands Healthcare AI Capabilities for Healthcare Organizations

by Fred Pennic 10/10/2024 Leave a Comment

Microsoft Expands Healthcare AI Capabilities to Enhance Patient Care

What You Should Know: - Microsoft today announced enhanced Microsoft Cloud for Healthcare AI solutions and capabilities that support healthcare organizations in their journey toward shaping healthier futures.  - In addition to expanded healthcare AI capabilities, Microsoft also shared updates on how customers including Providence, Paige.ai, and Cleveland Clinic are leveraging these capabilities.  Shaping a Healthier Future with AI The technology streamlines workflows,
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Suki Raises $70M to Advance AI-Powered Solutions for Healthcare

by Fred Pennic 10/10/2024 Leave a Comment

Suki to Deploy AI Assistant to Underserved Communities

What You Should Know:  - Suki, a provider of artificial intelligence (AI) technology for healthcare raises $70M in new funding, bringing its total funding to $165M.  - The investment, led by Hedosophia with significant participation from Venrock and existing investors, will fuel Suki's continued growth and product development, solidifying its position as a leader in AI-driven healthcare solutions. Suki's Mission: Making Healthcare Technology Invisible and Assistive Suki's
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