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Fred Pennic, Editor-in Chief | HIT Consultant

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

Nirvana Secures $24.2M for AI-Powered Health Insurance Verification

by Fred Pennic 09/17/2024 Leave a Comment

Nirvana Secures $24.2M for AI-Powered Health Insurance Verification

What You Should Know:  - Nirvana, a health tech startup leveraging AI to revolutionize insurance verification and eligibility secures $24.2M in Series A funding led by Northzone, a global VC firm, with participation from Inspired Capital, Eniac Ventures, and Surface Ventures. - Nirvana's successful Series A funding round highlights the growing recognition of the need for transparency and efficiency in healthcare billing.  Transforming Healthcare Billing
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Virtual Second Opinions on the Rise: Cardiology, Cancer, and Neurology Lead the Way

by Fred Pennic 09/17/2024 Leave a Comment

What You Should Know: - A new study by The Clinic by Cleveland Clinic has shed light on the increasing demand for virtual second opinions (VSOs) in the US, with a particular focus on heart, cancer, and neurological conditions. - This trend underscores the growing need for accessible specialty care, especially in regions facing healthcare provider shortages. Specialty Care Deserts Drive VSO Demand The national shortage of healthcare providers has created "specialty care deserts,"
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Scriptology Acquires Telehealth Pharmacy Company RxLive

by Fred Pennic 09/16/2024 Leave a Comment

Scriptology Acquires Telehealth Pharmacy Company RxLive

What You Should Know:  - Scriptology, a trailblazer in tech-enabled comprehensive medication management, has announced its acquisition of RxLive, a telehealth clinical pharmacy services provider.  - This strategic move is set to bolster Scriptology's technology capabilities, expand its market presence, and enhance its ability to deliver personalized medication management at scale. Seamless Integration and Enhanced Patient Care RxLive's technology will be seamlessly
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Hackensack Meridian Health Launches 24/7 AI-Powered Primary Care Access

by Fred Pennic 09/16/2024 Leave a Comment

Hackensack Meridian Health Launches 24/7 AI-Powered Primary Care Access

What You Should Know:  - New Jersey's leading health network, Hackensack Meridian Health, is set to revolutionize primary care access with the upcoming launch of HMH 24/7, an AI-driven platform that seamlessly integrates virtual and in-person care.  - This new primary care initiative is a response to the evolving landscape of healthcare delivery, offering patients a convenient and connected way to manage their health. HMH 24/7: A New Era of Accessible, Personalized Care HMH
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Aegis Ventures Appoints Murray Brozinsky as Partner to Drive Healthcare Transformation

by Executive Hires 09/16/2024 Leave a Comment

Aegis Ventures Appoints Murray Brozinsky as Partner to Drive Healthcare Transformation

What You Should Know:  - Aegis Ventures, a prominent venture studio based in New York, announced today that Murray Brozinsky has joined its leadership team as a Partner.  - Brozinsky brings a wealth of experience in launching, leading, and successfully exiting several health technology companies, including Healthline, Talix, and Conversa Health. A Track Record of Success in Healthcare Technology As the CEO of Conversa Health, Brozinsky steered the company through the
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Generative AI Shows Promise in Reducing Bias in Opioid Prescriptions

by Fred Pennic 09/16/2024 Leave a Comment

Generative AI Shows Promise in Reducing Bias in Opioid Prescriptions

What You Should Know:  - A groundbreaking study from Mass General Brigham researchers has revealed that large language models (LLMs), like ChatGPT-4 and Google's Gemini, exhibit no racial or gender bias when suggesting opioid treatment plans.  - This finding, published in PAIN, suggests that AI has the potential to mitigate provider bias and standardize treatment recommendations in the often-fraught area of pain management. AI's Role in Addressing Healthcare
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AI-Powered Sonio Detect Granted CE Mark

by Fred Pennic 09/16/2024 Leave a Comment

AI-Powered Sonio Detect Granted CE Mark

What You Should Know:  - Sonio, a medtech company dedicated to women's and children's health, announced today that it has received CE marking for its innovative product, Sonio Detect.  - The AI-powered software, already available in the United States, is now poised to enhance ultrasound examinations and improve care quality in France and throughout Europe. Sonio's Mission and Milestones Founded in 2020 with the mission to improve the health of women and children globally,
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Candid Health Secures $29M for Revenue Cycle Automation Platform

by Fred Pennic 09/13/2024 Leave a Comment

Candid Health Secures $29M for Revenue Cycle Automation Platform

What You Should Know:  - Candid Health, the innovative revenue cycle automation platform designed for healthcare providers raises $29M in a Series B funding round led by 8VC, with participation from existing investors First Round Capital, BoxGroup, and Y Combinator. - This latest investment brings the company's total funding to $47M. Simplifying Medical Billing, Empowering Providers Candid Health is committed to simplifying the complex and often frustrating process of medical
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mPulse Acquires Healthcare Consumer Experience Platform Zipari

by Fred Pennic 09/13/2024 Leave a Comment

mPulse Acquires Zipari, Solidifying Leadership in Healthcare Consumer Experience

What You Should Know:  - mPulse®, a frontrunner in Health Experience and Insights (HXI) technology, announced its acquisition of Zipari, Inc., a prominent player in healthcare consumer experience technology.  - This strategic acquisition underscores mPulse's commitment to driving market leadership through robust growth and an unwavering focus on enhancing the healthcare consumer journey. Strengthening Market Leadership and Innovation The acquisition solidifies mPulse's
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Fathom Autonomous Medical Coding Available in Epic Toolbox

by Fred Pennic 09/12/2024 Leave a Comment

Fathom Autonomous Medical Coding Available in Epic Toolbox

What You Should Know:  - Fathom, a pioneer in autonomous medical coding, announced today that its technology has been added to Epic's Toolbox program within the Fully Autonomous Coding category.  - By being part of Toolbox, Fathom can reach a wider audience of healthcare providers and demonstrate its compatibility with Epic's systems. Transforming Medical Coding Fathom's autonomous coding technology empowers healthcare organizations to overcome workforce challenges and
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