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Fred Pennic, Editor-in Chief | HIT Consultant

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

Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics

by Fred Pennic 05/22/2025 Leave a Comment

Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics

What You Should Know:  - Axle Health, a pioneering technology company focused on transforming home healthcare operations secures $10M in Series A financing round led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank. - The new capital infusion will fuel Axle Health's aggressive expansion plans. The company intends to scale its proprietary healthcare logistics platform, enhance its AI-powered scheduling and routing algorithms, accelerate the development of its
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Innovaccer Launches “Gravity™” Healthcare Intelligence Platform to Accelerate AI-Driven Transformation

by Fred Pennic 05/22/2025 Leave a Comment

Innovaccer Launches "Gravity™" Healthcare Intelligence Platform to Accelerate AI-Driven Transformation

What You Should Know:  - Innovaccer Inc., an healthcare AI company launches Innovaccer Gravity™, its comprehensive Healthcare Intelligence Platform.  - The platform is engineered to help healthcare organizations unlock the full potential of their data, enabling them to accelerate AI-driven transformation, achieve faster return on investment (ROI), and reduce total cost of ownership (TCO). - Innovaccer Gravity aims to unify disparate data from electronic health records (EHRs),
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Equum Medical Acquires VeeOne Health’s Clinical Services

by Fred Pennic 05/22/2025 Leave a Comment

Equum Medical Acquires VeeOne Health's Clinical Services

What You Should Know:  - Equum Medical, a leading national provider of acute telehealth-enabled clinical workforce solutions, today announced it has acquired the clinical health services of VeeOne Health. This strategic acquisition includes VeeOne Health's Tele-Psychiatry, Tele-Neurology, Tele-Infectious Disease (Tele-ID), Tele-Pulmonary, and Tele-ICU service lines.  - The move significantly expands Equum Medical's comprehensive telehealth offerings across the care continuum and
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Why Digital Asset Management Is Crucial for Healthcare

by Fred Pennic 05/22/2025 Leave a Comment

Digital asset management (DAM) is a significant part of the technology package in the healthcare industry. As the amount of data keeps increasing, the need for efficient organization and easy access also becomes paramount. Understanding the reasons why DAM is necessary in the healthcare field can help manage the workload, improve patient care, lower expenses, and ensure data security. The implementation of healthcare asset management software enables organizations to streamline their
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Whistleblowers Accuse UnitedHealthcare/Optum of Medicare Fraud, Denying Critical Care to Nursing Home Patients

by Fred Pennic 05/21/2025 Leave a Comment

Whistleblowers Accuse UnitedHealthcare/Optum of Medicare Fraud, Denying Critical Care to Nursing Home Patients

What You Should Know:  - Less than a week after the resignation of UnitedHealth Group (UHG) CEO Andrew Witty, two whistleblowers have come forward with significant evidence alleging that Optum, a subsidiary of UnitedHealthcare (UHC), is engaged in dangerous and deceptive practices amounting to defrauding Medicare.  - The accusations detail a purported "playbook" employed by UHC that systematically delays or outright denies critical care to vulnerable nursing home patients to
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Health Plan Tech Transformation to Improve The Member Experience

by Michael LeVangie, SVP of Consulting at Sagility 05/21/2025 Leave a Comment

Health Plan Tech Transformation to Improve The Member Experience

Getting ahead of digital transformation is difficult for healthcare organizations. There’s AI, GenAI, Agentic AI, and new uses for existing AI technologies that help staff get work done more efficiently. With these rapid changes, an organization can’t keep up with the changes on its own. That’s where a consultant comes in. Consultants benefit healthcare organizations in many ways, not the least of which is staying abreast of technology changes, new ways to use technology, associated
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Recovery.com Acquires RedFox AI to Bolster AI-Powered Mental Health and Addiction Recovery Solutions

by Fred Pennic 05/21/2025 Leave a Comment

Recovery.com Acquires RedFox AI to Bolster AI-Powered Mental Health and Addiction Recovery Solutions

What You Should Know:  - Recovery.com, the world’s most comprehensive platform for mental health and addiction recovery announced its acquisition of Madison-based artificial intelligence startup RedFox AI.  - The strategic move underscores Recovery.com’s commitment to responsible AI innovation and aims to accelerate the development of new AI-powered tools designed to better connect individuals with necessary care. Accelerating AI Innovation with a Focus on Trust and
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Intelerad Partners with RADPAIR to Speed Up Radiology Reporting

by Fred Pennic 05/21/2025 Leave a Comment

Onvida Health and Ambience Healthcare Launch AI Pilot to Transform Clinical Documentation and Reduce Clinician Burnout

What You Should Know:  - Intelerad, a global leader in medical imaging software solutions, today announced a prime partnership with RADPAIR, a leader in generative AI-driven radiology solutions.  - The collaboration is set to deliver an enhanced radiology reporting experience by combining Intelerad’s robust workflow orchestration capabilities with RADPAIR’s cutting-edge agentic AI technology. - The integrated solution aims to empower radiologists to work more efficiently by
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HHS Sets Pricing Targets for Trump’s EO on Most-Favored-Nation Drug Pricing

by Fred Pennic 05/20/2025 Leave a Comment

White House, IBM Partner to Fight COVID-19 Using Supercomputers

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) announced it is taking immediate action to implement President Donald J. Trump’s Executive Order, “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients.”  - Under the leadership of President Trump, HHS Secretary Robert F. Kennedy Jr., and Centers for Medicare & Medicaid Services (CMS) Administrator Dr. Mehmet Oz, the Department has outlined specific targets for
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Biostate AI Secures $12M to Optimize RNA Sequencing, Precision Medicine

by Fred Pennic 05/20/2025 Leave a Comment

Biostate AI Secures $12M to Optimize RNA Sequencing, Precision Medicine

What You Should Know:  - Biostate AI, an innovator at the intersection of artificial intelligence and RNA sequencing raises $12M in Series A funding spearheaded by Accel, with participation from Gaingels, Mana Ventures, InfoEdge Ventures, and existing investors Matter Venture Partners, Vision Plus Capital, and Catapult Ventures. This brings the company's total funding to over $20M. - The newly acquired funds will be pivotal in advancing Biostate AI’s mission to unlock affordable and
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