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Fred Pennic, Editor-in Chief | HIT Consultant

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

Oxford Cannabinoid Technologies Achieves “Proof of Concept” for AI-Powered Drug Discovery

by Fred Pennic 11/11/2024 Leave a Comment

Oxford Cannabinoid Technologies Achieves "Proof of Concept" for AI-Powered Drug Discovery

What You Should Know:  - Oxford Cannabinoid Technologies (OCT) has announced a significant milestone in its drug discovery program: the successful "proof of concept" of its AI-enabled drug discovery asset.  - Developed in collaboration with New York-based tech consultancy Hypatia AI, this cutting-edge tool promises to accelerate OCT's research and development of non-addictive pain medications. Accelerating Drug Discovery with AI Hypatia AI's technology acts as an "endlessly
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Healthcare Compliance Professionals Grapple with Mounting Risks and Limited Resources

by Fred Pennic 11/08/2024 Leave a Comment

Healthcare Compliance Professionals Grapple with Mounting Risks and Limited Resources

What You Should Know:  - A new report from Barnes & Thornburg reveals that healthcare compliance professionals are facing mounting pressure as they navigate a complex regulatory landscape, increasing cyberattacks, and the rapid adoption of artificial intelligence (AI).  - The inaugural 2025 Healthcare Compliance Outlook draws on insights from over 120 U.S.-based healthcare and life sciences organizations to explore the evolving compliance challenges facing the
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Health Commons Project Acquires OneHealthPort to Expand Health Data Interoperability in Washington State

by Fred Pennic 11/08/2024 Leave a Comment

Health Commons Project Acquires OneHealthPort to Expand Health Data Interoperability in Washington State

What You Should Know:  - Health Commons Project, a non-profit dedicated to improving healthcare access and quality, has acquired OneHealthPort, Washington State's Health Information Exchange (HIE).  - The strategic move strengthens Health Commons Project's mission to enhance data interoperability, improve care coordination, and promote public health across Washington. Expanding Impact and Reach By integrating OneHealthPort's robust HIE platform, Health Commons Project gains
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Q/A: Proscia Co-Founder Talks Impact of DICOM in Digital Pathology

by Fred Pennic 11/07/2024 Leave a Comment

Q/A: Proscia Co-Founder Talks Impact of DICOM in Digital Pathology

The world of digital pathology is undergoing a significant transformation, with the adoption of DICOM (Digital Imaging and Communications in Medicine) emerging as a game-changer. This international standard, already widely used in radiology, is poised to transform how pathology images and data are stored, shared, and analyzed. By promoting interoperability among various hardware and software solutions, DICOM empowers laboratories to build more efficient and scalable digital pathology
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General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

by Fred Pennic 11/07/2024 Leave a Comment

General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

What You Should Know:  - Health Assurance Transformation LLC (HATCo), a General Catalyst company has reached an agreement to acquire Summa Health, an Ohio-based health system for $485M.  - The $485M acquisition combined with Summa Health's current cash reserves, will enable the health system to eliminate $850 million in existing debt. Furthermore, the remaining funds will establish a new community foundation dedicated to improving community health in the Greater Akron
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UniDoc Health Ships First AI-Powered Health Cubes to Conflict Zones and Remote Areas

by Fred Pennic 11/07/2024 Leave a Comment

UniDoc Health Corp. Ships First AI-Powered Health Cubes to Conflict Zones and Remote Areas

What You Should Know:  - UniDoc Health Corp., an innovator in the eHealth sector, has announced the shipment of its first AI-assisted H3 Health Cubes for three commercial orders, marking a significant milestone in the company's transition from development to commercialization.  - These advanced healthcare units are destined for diverse locations, including Italy, Ukraine, and potentially the Gaza Strip, highlighting UniDoc's commitment to improving healthcare accessibility
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Epic in the Public Cloud: Scalability and Satisfaction on the Rise, But Challenges Remain

by Fred Pennic 11/07/2024 Leave a Comment

Epic in the Public Cloud: Scalability and Satisfaction on the Rise, But Challenges Remain

What You Should Know:  - Over the past few years, healthcare organizations have increasingly turned to public cloud providers like AWS and Microsoft Azure to host their Epic electronic health record (EHR) systems. Driven by the promise of scalability, cost savings, and improved performance, this trend shows no signs of slowing down.  - A new report from KLAS Research provides an updated look at the viability of Epic in the public cloud, highlighting both successes and ongoing
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Health Catalyst Acquires Intraprise Health, Enhancing Cybersecurity Capabilities

by Fred Pennic 11/06/2024 Leave a Comment

Health Catalyst Acquires Intraprise Health, Enhancing Cybersecurity Capabilities

What You Should Know:  - Health Catalyst, a provider of data and analytics technology and services to healthcare organizations, has announced the acquisition of Intraprise Health, a leading healthcare cybersecurity provider.  - Health Catalyst funded the acquisition with a mix of cash and stock. The acquisition is expected to close in the fourth quarter of 2024.  Enhancing Cybersecurity in Healthcare Intraprise Health is a leading healthcare cybersecurity company with
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Q/A: Vim CEO Talks Solving the Rising Tide of Healthcare Claim Denials

by Fred Pennic 11/06/2024 Leave a Comment

Q/A: Vim CEO Talks Solving the Rising Tide of Healthcare Claim Denials

The U.S. healthcare system is grappling with a surge in claim denials and prior authorization requirements, creating significant challenges for both providers and patients. To shed light on this pressing issue, we spoke with Oron Afek, CEO of Vim, a company that assists over 20,000 providers and 80% of the largest U.S. payers with prior authorizations. In this interview, Oron Afek provides valuable insights into the challenges and potential solutions related to claim denials and prior
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Premier to Deploy TeleVox’s AI Chatbots to Hospitals Nationwide

by Fred Pennic 11/06/2024 Leave a Comment

Premier to Deploy TeleVox’s AI Chatbots to Hospitals Nationwide

What You Should Know:  - TeleVox, a provider of omnichannel patient relationship management platforms, has recently secured a national group purchasing agreement with Premier, Inc., a healthcare improvement company.  - The strategic collaboration aims to make TeleVox's AI-powered chatbots more accessible to Premier's vast network of hospitals and healthcare providers. Enhancing Patient Engagement with Conversational AI Under this agreement, Premier members will have access
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