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Fred Pennic, Editor-in Chief | HIT Consultant

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

Glooko Secures $100M, Appoints Mike Alvarez as New CEO

by Fred Pennic 10/10/2024 Leave a Comment

Glooko Secures $100 Million Series F Financing and Appoints Mike Alvarez as Chief Executive Officer

- Glooko, a global digital health company, has announced a successful Series F funding round, raising $100M to fuel its continued growth and product development led by Georgian, with participation from Health Catalyst Capital, Canaan, and other investors.  - In addition to this significant investment, Glooko also announced the appointment of Mike Alvarez as its new Chief Executive Officer. Funding to Drive Product Innovation and Global Expansion This substantial investment will support
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clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

by Fred Pennic 10/10/2024 Leave a Comment

clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

What You Should Know:  - clock.bio, a healthspan biotechnology company based at the Milner Therapeutics Institute in Cambridge, has secured $5.3M in seed funding to advance its groundbreaking research on human rejuvenation.  - The seed funding round was led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. Decoding the Secrets of Cellular Rejuvenation clock.bio has developed a proprietary aging model
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Carequality Resolves Dispute Between Particle Health and Epic

by Fred Pennic 10/09/2024 Leave a Comment

Carequality Resolves Dispute Between Particle Health and Epic

What You Should Know:  - Carequality, a non-profit interoperability framework, has successfully resolved a dispute between two of its members, Particle Health and Epic.  - The resolution underscores the strength of Carequality's framework and the community's dedication to upholding trust and responsible data-sharing practices. Epic-Particle Dispute Resolution Process The dispute, which centered around allegations of improper data access and exchange practices, underwent a
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Reveleer Acquires Curation Health to Expand Capabilities in Clinical Intelligence

by Fred Pennic 10/09/2024 Leave a Comment

Reveleer Acquires Curation Health to Expand Capabilities in Clinical Intelligence

What You Should Know:  - Reveleer, a value-based care platform, is strengthening its commitment to improving patient outcomes by acquiring Curation Health, a company specializing in advanced clinical insights.  - The strategic move combines the strengths of both organizations to deliver a comprehensive solution that spans the entire spectrum of value-based care, from risk adjustment and quality improvement to member enrollment. Elevating Clinical Intelligence Curation
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Harmony Healthcare IT Acquires Trinisys to Expand Data Management Capabilities

by Fred Pennic 10/09/2024 Leave a Comment

Harmony Healthcare IT Acquires Trinisys to Expand Data Management Capabilities

What You Should Know:  - Harmony Healthcare IT, a leading innovator in health data management solutions, has announced the acquisition of Trinisys, a prominent data management company based in Nashville, Tennessee. Financial details of the acquisition were not disclosed.  - The strategic acquisition strengthens Harmony Healthcare IT's position in the market and expands its ability to deliver comprehensive data lifecycle management solutions for healthcare
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US Healthcare System Deploys NVIDIA’s Digital Health AI Agents

by Fred Pennic 10/09/2024 Leave a Comment

US Healthcare System Deploys NVIDIA’s Digital Health AI Agents

What You Should Know:  - The U.S. healthcare system is rapidly embracing AI, and NVIDIA is at the forefront of this transformation, providing powerful tools and collaborating with public sector institutions to accelerate research and improve patient care. At the NVIDIA AI Summit in Washington, D.C., the company showcased its latest innovations, including NVIDIA NIM and NIM Agent Blueprints, which are already making a significant impact in the public sector. NVIDIA NIM and NIM Agent
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Google Invests in Ubie to Advance Digital Health Generative AI

by Fred Pennic 10/09/2024 Leave a Comment

Google Invests in Ubie to Advance Digital Health Generative AI

What You Should Know:  - Ubie Inc., a Japanese health tech company, has announced a significant investment from Google in its latest funding round.  - The investment aims to leverage digital innovations, including generative AI, to drive the digital transformation of Japan's healthcare system. Ubie's Mission and Impact Ubie is dedicated to utilizing technology to guide individuals to appropriate medical care. Its services have already made a substantial impact on healthcare
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Amwell Integrates with Hello Heart to Offer Digital Cardiovascular Solution

by Fred Pennic 10/08/2024 Leave a Comment

Amwell Integrates with Hello Heart to Offer Digital Cardiovascular Solution

What You Should Know:  - Amwell, a digital health platform, has joined forces with Hello Heart, a pioneer in preventive heart health, to offer a comprehensive digital solution for individuals at risk of cardiovascular disease.  The partnership integrates Hello Heart's innovative program into Amwell's Converge platform, providing a seamless and accessible way for health plan members to manage their heart health. Addressing a Critical Need Heart disease remains the leading
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Digital Health Funding in Q3 2024: Strategic Acquisitions and “Tapestry Weaving” Drive Market Evolution

by Fred Pennic 10/07/2024 Leave a Comment

Digital Health in Q3 2024: Strategic Acquisitions and "Tapestry Weaving" Drive Market Evolution

What You Should Know:  - The digital health sector maintained its "small but mighty" trajectory in Q3 2024, characterized by disciplined investments and strategic activities, according to Rock Health’s Q3 Digital Health Funding report.  - While deal counts decreased compared to previous quarters, average investment sizes remained steady, indicating a shift towards more focused funding. This trend, coupled with strategic acquisitions and a focus on enhanced
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DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare

by Fred Pennic 10/07/2024 Leave a Comment

DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare

What You Should Know:  - The Digital Medicine Society (DiMe) is launching a new collaboration with Google and Mayo Clinic to address the critical need for best practices and implementation strategies for artificial intelligence (AI) in healthcare.  - The partnership recognizes the transformative potential of AI while acknowledging the current gap between technological advancements and real-world integration. Bridging the Implementation Gap While significant investment and
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