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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Japan’s National Cancer Center Selects Paradigm for Nationwide Clinical Trial Network

by Fred Pennic 11/06/2024 Leave a Comment

Japan's National Cancer Center Selects Paradigm for Nationwide Clinical Trial Network

What You Should Know:  - A new cancer treatment and research era is dawning in Japan with the launch of LC-SCRUM-CD (Lung Cancer Genome Screening Project for Individualized Medicine - Clinical Development).  - The nationwide clinical trial network is a collaborative effort between the National Cancer Center (NCC), Precision Medicine Asia Co., Ltd. (PREMIA), and Paradigm Health Inc. (Paradigm).  Building on LC-SCRUM-Asia's Foundation LC-SCRUM-CD expands upon the existing
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AdventHealth Manchester Opens First Telehealth Primary Care Clinic in Walmart

by Fred Pennic 11/06/2024 Leave a Comment

AdventHealth Manchester Opens First Telehealth Primary Care Clinic in Walmart

What You Should Know:  - AdventHealth Manchester announced the opening of its first telehealth primary care clinic, AdventHealth Clinic Corbin, located within the Corbin Walmart.  - The telehealth primary care clinic aims to provide accessible and high-quality healthcare services to the community of Corbin and the surrounding areas.  AdventHealth Clinic Corbin Services The AdventHealth Clinic Corbin leverages the latest technology to connect patients with experienced
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HGP Releases Health IT Private Equity Investment Trends for 2024

by Fred Pennic 11/05/2024 Leave a Comment

HGP Releases Health IT Private Equity Investment Trends for 2024

What You Should Know:  - Healthcare Growth Partners (HGP) and Eliciting Insights surveyed private equity investment professionals focused on the Healthcare and Health IT sectors.  - The 2024 Health IT Private Equity Survey aimed to capture the "new normal" of the market, considering the current point in the interest rate cycle, economic fluctuations, and the upcoming U.S. presidential election. Respondents included venture capital, growth equity, and buyout investors, providing a
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Epic Unveils Expanded APIs for Healthcare App Developers

by Fred Pennic 11/05/2024 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - EHR leader Epic announced the expansion of its Application Program Interfaces (APIs) for healthcare app developers.  - These APIs, available at no cost, will enable developers to access a more comprehensive view of the patient, supporting the latest standards in data exchange.   Enhanced Interoperability for Personalized Care The expanded APIs are designed to support version 3 of the United States Core Data for Interoperability (USCDI v3).
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