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Fred Pennic, Editor-in Chief | HIT Consultant

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

Guidehealth, Story Health Partner to Deliver Value-Based Cardiology Care

by Fred Pennic 07/15/2024 Leave a Comment

Guidehealth, Story Health Partner to Deliver Value-Based Cardiology Care

What You Should Know:  - Guidehealth, an AI-powered healthcare services company, and Story Health, a digital health leader in specialty care delivery, have joined forces to offer a comprehensive cardiology care program for health systems and clinically integrated networks (CINs).  - By leveraging their combined expertise, Guidehealth and Story Health aim to revolutionize cardiology care, leading to better outcomes for patients and a more cost-effective healthcare system. Focus
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Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

by Fred Pennic 07/15/2024 Leave a Comment

Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

What You Should Know:  - Sheba Medical Center, Israel's leading medical institution, is celebrating a major success story with the acquisition of Innovalve Bio Medical by Edwards Lifesciences.  - This acquisition marks another successful exit for a company cultivated within ARC Innovation, Sheba's dedicated program for fostering healthcare innovation. Financial details of the acquisition were not disclosed.  Innovalve's Pioneering Mitral Valve Technology Founded in
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New AMGA Survey Reveals Physician Compensation Up in 2023, But Primary Care Lags Behind

by Fred Pennic 07/15/2024 Leave a Comment

New AMGA Survey Reveals Compensation Increases Across All Specialty Groupings, Physician Compensation Up in 2023, But Primary Care Lags Behind

What You Should Know:  - A new report by AMGA Consulting reveals significant growth in physician compensation and productivity across most specialties in 2023. The findings are based on data from nearly 190,000 providers in 459 medical groups, making it a comprehensive analysis of physician pay trends in the US. - The AMGA survey underscores the need for addressing factors impacting physician compensation, particularly in primary care. Sustainable solutions might involve adjustments
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CRISP Awarded $255M Grant to Accelerate Public Health Data Modernization

by Fred Pennic 07/12/2024 Leave a Comment

CRISP Awarded $255M Grant to Accelerate Public Health Data Modernization

What You Should Know:  - CRISP Shared Services (CSS), a leading non-profit focused on public health data exchange technology, has been selected as an Implementation Center awardee under the newly launched $255M National Implementation Center Program. - The program, funded by the Centers for Disease Control and Prevention (CDC) through the Public Health Infrastructure Grant (PHIG), positions CSS as a key player in modernizing data exchange and integrating health data into the public
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Philips IntelliSite Pathology Solution Receives 510(k) Clearance

by Fred Pennic 07/12/2024 Leave a Comment

Philips IntelliSite Pathology Solution Receives 510(k) Clearance

What You Should Know:  - Philips IntelliSite Pathology 5.1 has received 510(k) clearance from the FDA, solidifying its position as the most widely deployed digital pathology solution for primary diagnosis globally.  - With over 300 pathology labs already implementing Philips' solution, and over 20 labs achieving complete digital workflows, the success of this technology is evident. Investing in the Future of Cancer Care By empowering collaboration, boosting efficiency, and
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mpathic Receives SBIR Award to Address Racial Bias in Healthcare AI

by Fred Pennic 07/12/2024 Leave a Comment

mpathic Receives SBIR Award to Address Racial Bias in Healthcare AI

What You Should Know:  - mpathic, the leader in AI-powered actionable conversation analytics specializing in healthcare, life sciences, and client services was recently awarded an NIH SBIR grant to address racial bias in mental healthcare AI. - The prestigious grant will support the development of a groundbreaking project titled "Empathy for Everyone: Generative AI that Improves Patient-Provider Cultural Attunement in Real Time." mpathic wants all mental health providers to address
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New Tool Shows Promise in Identifying Patients Who Need Post-Stroke Spasticity Care

by Fred Pennic 07/12/2024 Leave a Comment

New Tool Shows Promise in Identifying Patients Who Need Post-Stroke Spasticity Care

What You Should Know:  - Early detection and treatment of post-stroke spasticity (PSS) are essential for improving a patient's ability to function and overall quality of life after a stroke.  - To address this need, AbbVie researchers developed the PSS Referral Tool to help clinicians involved in stroke rehabilitation identify and refer patients with PSS more quickly. A recent study investigated the reliability of this tool in a clinical setting. Study Design and
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Hands-Free Texting for Paralysis Patients: Synchron Integrates Generative AI into BCI

by Fred Pennic 07/11/2024 Leave a Comment

Hands-Free Texting for Paralysis Patients: Synchron Integrates AI into BCI

What You Should Know:  - Synchron, a leading innovator in brain-computer interface (BCI) technology, has announced a groundbreaking integration of generative AI into its BCI platform.  - The integration, powered by OpenAI, empowers individuals with severe paralysis to interact with the digital world through thought-controlled texting, offering a new level of communication and independence. Unlocking Communication with Thought The novel BCI chat feature leverages OpenAI's
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Regard Secures $61M for AI-Powered Clinical Insights Platform

by Fred Pennic 07/11/2024 Leave a Comment

WakeMed to Deploy Regard’s AI Clinical Automation Platform Across Enterprise

What You Should Know:  - Regard, an AI-powered clinical insights platform raises $61M in Series B funding led by Oak HC/FT with participation from prominent healthcare and technology investors.  - The investment will fuel the company's mission to unlock the full potential of patient data for improved clinical care. Untapped Potential in Healthcare Data The healthcare industry is experiencing a data deluge. New technologies generate mountains of patient information, but a
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Cognizant and Yseop Partner to Deliver GenAI Medical Writing for Life Sciences

by Fred Pennic 07/11/2024 Leave a Comment

Cognizant and Yseop Partner to Deliver GenAI Medical Writing for Life Sciences

What You Should Know:  - Cognizant and Yseop, a leading AI software company, have joined forces to accelerate and streamline scientific content creation in the biopharmaceutical industry.  - The strategic partnership leverages Yseop Copilot, a generative AI tool, to transform medical writing, enhance productivity, and expedite the delivery of life-saving treatments. Challenges of Traditional Medical Writing The current process for creating scientific content is a
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