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Fred Pennic, Editor-in Chief | HIT Consultant

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

JAMA: Traditional Medicare Is, In Fact, The Failure

by Fred Pennic 06/11/2024 Leave a Comment

JAMA: Traditional Medicare Is, In Fact, The Failure

What You Should Know:  - A new article published in JAMA Internal Medicine reignites the debate about Medicare Advantage and traditional Medicare.  - Dr. Sachin H. Jain, CEO of SCAN Group and SCAN Health Plan, argues in favor of Medicare Advantage, while Drs. Adam Gaffney, David Himmelstein, and Steffie Woolhandler advocate for traditional Medicare. Traditional Medicare: Lower Costs, Fewer Benefits Traditional Medicare offers beneficiaries lower premiums, but it comes with
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KARL STORZ to Acquire Asensus Surgical for $0.35 per Share

by Fred Pennic 06/10/2024 Leave a Comment

KARL STORZ to Acquire Asensus Surgical for $0.35 per Share

What You Should Know:  - Asensus Surgical, Inc. (NYSE American: ASXC), a leading developer of digital surgical technologies, announced today it has entered into a definitive merger agreement with KARL STORZ Endoscopy-America, Inc., a subsidiary of the global medical technology company KARL  STORZ SE & Co. KG. - Asensus Surgical is a pioneer in digital surgery, developing the first intra-operative Augmented Intelligence technology approved for global use. Their LUNA system,
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Teladoc Health Appoints Charles “Chuck” Divita as New CEO

by Executives Hires 06/10/2024 Leave a Comment

Teladoc Health Appoints Charles "Chuck" Divita as New CEO

What You Should Know:  - Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, has announced the appointment of Charles “Chuck” Divita, III, as Chief Executive Officer, effective immediately.  - Alongside his role as CEO, Divita has also joined Teladoc Health’s Board of Directors. Divita Bio/Background Divita transitions to Teladoc Health from GuideWell, a prominent health solutions organization that includes Florida Blue, Florida's leading
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Blood Test for Alzheimer’s on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

by Fred Pennic 06/10/2024 Leave a Comment

Blood Test for Alzheimer's on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

What You Should Know:  - ALZpath, a leader in Alzheimer's disease diagnostics, announced a licensing agreement with Roche for their innovative pTau217 antibody. This paves the way for a blood test to diagnose Alzheimer's disease using Roche's widely used Elecsys® platform.  - The Roche pTau217 test has already received Breakthrough Device designation from the FDA and will be commercialized as part of a collaboration between Roche and Eli Lilly. pTau217: A Game Changer in
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Anterior Secures $20M to Streamline Healthcare Administration with GenAI

by Fred Pennic 06/10/2024 Leave a Comment

Anterior Secures $20M to Streamline Healthcare Administration with GenAI

What You Should Know:  - Anterior, a healthcare administration platform built by clinicians raises $20M in Series A funding round.  - Led by New Enterprise Associates (NEA), the round included participation from Sequoia Capital, Blue Lion Global, and Neo. Formerly known as Co:Helm, Anterior recently rebranded to reflect its focus on moving healthcare administration forward. Unburdening Clinicians with AI Anterior's mission is to free doctors and nurses from the
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White House, Microsoft, Google Partner to Bolster Rural Hospital Cybersecurity

by Fred Pennic 06/10/2024 Leave a Comment

White House, Microsoft, Google Partner to Bolster Rural Hospital Cybersecurity

What You Should Know:  - In a collaborative effort championed by the White House, the American Hospital Association (AHA), Microsoft, and Google announced a new initiative to bolster cybersecurity defenses in rural hospitals across the United States.  - The cybersecurity-focused initiative comes in response to the rising threat of cyberattacks on healthcare providers and the critical role rural hospitals play in their communities. The AHA: A Leader in Cybersecurity
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What Can We Learn From The History of Patient Experience?

by John Zimmerer, VP of Vertical Marketing Healthcare at Smart Communications 06/10/2024 Leave a Comment

What Can We Learn From The History of Patient Experience?

Next year marks the 30th anniversary of the Consumer Assessment of Healthcare Providers and Systems (CAHPS) program, which was created in 1995 to give the healthcare industry clear metrics for assessing patient experience and quality of care.  Yet the results have not improved after three decades of measuring patient experience. In 2023, a Harris poll reported that 73% of U.S. adults felt the healthcare system failed to meet their needs somehow, and two-thirds reported that managing
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Helix Launches Clinico-Genomic Datasets to Accelerate Precision Medicine Drug Discovery

by Fred Pennic 06/07/2024 Leave a Comment

Helix Launches Clinico-Genomic Datasets to Accelerate Precision Medicine Drug Discovery

What You Should Know:  - Helix, a leader in population genomics, is launching new datasets designed to empower life science companies in developing precision medicine therapies.  - These comprehensive datasets, built through collaborations with various health systems, provide researchers with a rich resource for drug discovery and development across multiple disease areas. Unveiling the Power of Clinico-Genomic Data The datasets offer a unique combination of longitudinal
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Pediatric Associates Selects Innovaccer’s AI Platform to Enhance Quality of Care for 1.5 Million Patients

by Fred Pennic 06/07/2024 Leave a Comment

Kaiser Permanente to Deploy Innovaccer’s Healthcare AI Platform

What You Should Know:  - Pediatrics Associates, the leading private pediatric primary care group in the US, has partnered with Innovaccer Inc., a leader in healthcare artificial intelligence (AI).  - The collaboration aims to leverage AI and data analytics to improve the quality of care for Pediatrics Associates' over 1.5 million patients across 7 states. Focus on Value-Based Care and Population Health Pediatrics Associates prioritizes delivering comprehensive medical care
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Health Catalyst Acquires Oncology Platform Carevive

by Fred Pennic 06/06/2024 Leave a Comment

What You Should Know:  - Health Catalyst, a leading provider of data and analytics solutions for healthcare organizations, has finalized its acquisition of Carevive Systems.  - Carevive is a prominent oncology-focused health technology company dedicated to enhancing the cancer patient experience. Financial details of the acquisition were not disclosed.  Enhancing Oncology Care Through Data and Technology This acquisition equips Health Catalyst with valuable resources
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