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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sanofi and Biovac Join Forces to Manufacture Polio Vaccines in Africa

by Fred Pennic 06/21/2024 Leave a Comment

Sanofi and Biovac Join Forces to Manufacture Polio Vaccines in Africa

What You Should Know:  - Sanofi, a global healthcare leader, and Biovac, a prominent South African biopharmaceutical company, announced a landmark partnership. This collaboration aims to establish local manufacturing of inactivated polio vaccines (IPV) in Africa, serving the needs of over 40 African countries. - Under this new partnership, Sanofi will continue producing the bulk IPV supply. Biovac, upon receiving marketing authorization, will oversee the final stages of formulation,
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GE Healthcare & MediView Debut Augmented Reality System for Interventional Radiology

by Fred Pennic 06/20/2024 Leave a Comment

OmnifyXR Interventional Suite,

What You Should Know:  - Today, GE HealthCare (Nasdaq: GEHC) and MediView XR Inc. announced the successful launch of the OmnifyXR Interventional Suite, marking the first-ever clinical use of this innovative augmented reality (AR) technology. - North Star Vascular and Interventional in Minneapolis, Minnesota became the first medical facility to utilize OmnifyXR in real-world procedures. Dr. Jafar Golzarian, Professor of Radiology and founder of the clinic, successfully performed two
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Humata Health Secures $25M for AI-Powered Prior Authorization

by Fred Pennic 06/20/2024 Leave a Comment

Humata Secures $25M for AI-Powered Prior Authorization

What You Should Know:  - Humata Health, a company revolutionizing prior authorizations in healthcare with AI and automation raises $25M co-led by Blue Venture Fund and LRVHealth with participation from Optum Ventures, .406 Ventures, Highmark Ventures, and VentureforGood further demonstrates the widespread support for Humata's innovative approach.  - With this significant investment, Humata Health will expand its AI capabilities, broaden its provider base, and partner with payers to
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Evidation Launches MigraineSmart App to Empower Migraine Sufferers with Self-Management Tools & Research Opportunities

by Fred Pennic 06/20/2024 Leave a Comment

Evidation Launches MigraineSmart App: Health Engagement Program for Migraine Sufferers

What You Should Know:  - Evidation, a company dedicated to improving health measurement in daily life, today announced the launch of MigraineSmart – a program on their app designed to empower migraine sufferers with self-tracking tools and research opportunities. - Migraine is a chronic and debilitating condition impacting over 40 million Americans, with women disproportionately affected. These migraines significantly impact quality of life, affecting physical and mental health, work
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Emergency Services to Deploy Augmedix Generative AI Solution to Relieve Clinician Burnout in ED

by Fred Pennic 06/20/2024 Leave a Comment

Augmedix Launches GenAI-Powered, Medical Documentation Solution for Emergency Departments

What You Should Know:  - Emergency room physicians in central Ohio are getting a helping hand from artificial intelligence (AI). Emergency Services Inc. (ESI), a physician-owned group serving the second-largest healthcare system in the region, has announced the deployment of Augmedix Go ED, an AI-powered medical documentation solution. - Developed by Augmedix (Nasdaq: AUGX), a leader in AI for healthcare documentation, Augmedix Go ED is the first of its kind. This innovative system
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Carolina Caring to Bring Virtual Reality Experiences to Seniors

by Fred Pennic 06/20/2024 Leave a Comment

Carolina Caring to Bring Virtual Reality Experiences to Seniors

What You Should Know:  - Rendever, a virtual reality (VR) company focused on enhancing the lives of older adults, announced a partnership with Lenovo to bring VR experiences to patients at Carolina Caring, a non-profit healthcare provider.  - The strategic collaboration aims to improve the quality of life for seniors by offering them immersive and engaging VR experiences, even if their physical mobility is limited. Expanding Seniors' Horizons Through VR Rendever's VR
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Boston Scientific Acquires Silk Road Medical for $1.16B, Bolstering Stroke Prevention

by Fred Pennic 06/19/2024 Leave a Comment

Boston Scientific Acquires Silk Road Medical for $1.16B, Bolstering Stroke Prevention

What You Should Know:  - Boston Scientific Corporation (NYSE: BSX) announced a definitive agreement to acquire Silk Road Medical, Inc. (Nasdaq: SILK) for approximately $1.16 billion ($27.50 per share). Silk Road Medical is a leading innovator in minimally invasive stroke prevention technologies for patients with carotid artery disease. - The acquisition strengthens Boston Scientific's position in the vascular medicine field, offering physicians a broader range of solutions for
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Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge

by Fred Pennic 06/19/2024 Leave a Comment

Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge

What You Should Know:  - A new report by Incredible Health, the leading platform for connecting nurses with healthcare employers, paints a concerning picture of the American healthcare system. The report, titled "2024 Healthcare Executive Report," reveals a crisis brewing – a deepening shortage of nurses that threatens patient care. - The US healthcare system is projected to face a staggering shortage of 1 million nurses by 2030. This alarming gap stems from a growing patient
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Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey

by Fred Pennic 06/19/2024 Leave a Comment

What You Should Know:  - FTI Consulting's inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks. - The FTI Consulting survey unveils the multifaceted challenges and opportunities facing
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

by Fred Pennic 06/18/2024 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.  - Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.  - With this new
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