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Fred Pennic, Editor-in Chief | HIT Consultant

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

Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

by Fred Pennic 10/29/2024 Leave a Comment

Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

What You Should Know:  - Oracle Health is previewing its next-generation electronic health record (EHR) at the Oracle Health Summit, showcasing a system designed to leverage the power of AI and cloud computing to transform healthcare delivery. This innovative EHR is built from the ground up on Oracle Cloud Infrastructure (OCI), offering enhanced security and a seamless user experience. In addition, the company announced the release of its new  Clinical AI Agent and two new cloud apps,
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Philips Secures $25M DoD Contract to Advance AI Predictive Health Monitoring

by Fred Pennic 10/29/2024 Leave a Comment

Philips Secures $25M DoD Contract to Advance Predictive Health Monitoring for Military Personnel

What You Should Know:  - Philips, a global leader in health technology, has announced a $25M investment from the U.S. Department of Defense (DoD) to accelerate the development and deployment of its Rapid Analysis of Threat Exposure (RATE) algorithm.  - The four-year project aims to enhance the predictive health monitoring of military personnel, ensuring their well-being and readiness in the face of potential health threats. RATE: An Early Warning System for Infection RATE
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Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

by Fred Pennic 10/29/2024 Leave a Comment

Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

What You Should Know:  - Aignostics, a leading AI company specializing in pathology data analysis, raised $34M in Series B funding, led by ATHOS with participation from Mayo Clinic and growth financing from HTGF, alongisde existing investors Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA Fund, and VC Fonds Technologie managed by IBB Ventures.  - Aignostics combines proprietary access to multimodal clinical data with cutting-edge AI technology and rigorous
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CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

by Fred Pennic 10/29/2024 Leave a Comment

CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

What You Should Know:  - CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.  - Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline. MedaCareLLM: The AI That Prompts You Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

by Fred Pennic 10/29/2024 Leave a Comment

Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

What You Should Know:  - Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.  - The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans. Combining Cutting-Edge Technologies Nortis's Kidney-on-Chip models have been
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PocketHealth Appoints Dr. Ram Chadalavada as Chief Medical Officer

by Executive Hires 10/29/2024 Leave a Comment

PocketHealth Appoints Dr. Ram Chadalavada as Chief Medical Officer

What You Should Know:  - PocketHealth, a provider of connected care solutions, has announced the appointment of Dr. Seetharam (Ram) Chadalavada as its new Chief Medical Officer.  - As Chief Medical Officer, Dr. Chadalavada will play a vital role in integrating clinical insights into PocketHealth's product roadmap to ensure the development of impactful solutions. Dr. Chadalavada's Expertise in Radiology and Informatics Dr. Chadalavada brings over 20 years of experience in
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SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

by Fred Pennic 10/28/2024 Leave a Comment

SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

What You Should Know:  - SmarterDx, a provider of clinical AI for revenue integrity, has announced the launch of SmarterDenials, an innovative AI-driven solution designed to help hospitals fight unjust claim denials.  - With denials on the rise, causing operational disruptions and revenue loss for healthcare providers, SmarterDenials empowers hospitals to generate stronger clinical appeal letters and secure faster and more accurate reimbursements. Addressing the Growing
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Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

by Fred Pennic 10/28/2024 Leave a Comment

Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

What You Should Know:  - Grin, a virtual care platform for oral health, has secured a significant investment from CareQuest Innovation Partners. This funding will accelerate Grin's mission to improve access to dental care, particularly for underserved communities, and further develop its innovative teledentistry solutions. - CareQuest Innovation Partners is dedicated to supporting and scaling transformative solutions to improve oral health. This investment in Grin reinforces their
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AMA Approves CPT Code for Cleerly’s AI-Powered Solution

by Fred Pennic 10/28/2024 Leave a Comment

AMA Approves CPT Code for Cleerly's AI-Powered Solution

What You Should Know:  - Cleerly, a pioneer in advanced cardiovascular imaging, is celebrating a significant victory in the adoption of artificial intelligence (AI) in healthcare. The American Medical Association (AMA) has officially approved a Category I CPT code for Cleerly's AI-QCT advanced plaque analysis.  - The decision, effective January 1, 2026, marks a major step forward in recognizing and reimbursing AI-driven technologies that improve patient outcomes in cardiovascular
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Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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