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Fred Pennic, Editor-in Chief | HIT Consultant

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

Teladoc Health Enhances Virtual Sitter Solution with AI to Improve Patient Safety and Efficiency

by Fred Pennic 11/25/2024 Leave a Comment

Teladoc Health Enhances Virtual Sitter Solution with AI to Improve Patient Safety and Efficiency

What You Should Know:  - Teladoc Health has announced the launch of new AI-powered capabilities for its Virtual Sitter solution.  - Virtual Sitter aims to enhance patient safety, address workforce challenges, and improve care delivery for hospitals and health systems. Addressing the Challenge of Patient Falls with AI-Powered Fall Prevention Patient falls are a significant concern in hospitals, leading to injuries, increased healthcare costs, and strain on resources. Teladoc
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Optimizing Clinical Trials with AI and Data-Driven Insights

by Sujay Jadhav, CEO of Verana Health 11/25/2024 Leave a Comment

Optimizing Clinical Trials with AI and Data-Driven Insights

While most technology- and innovation-oriented industries have followed the general principles of Moore’s Law, which holds that computing power would double yearly, while costs were cut in half, the life sciences industry appears to be spending more money developing fewer drugs.  According to the latest data, the cost to take a drug candidate from the discovery stage, all the way to market launch, hit $2.3 billion in 2022—a $298 million rise from 2021. Meanwhile, there were
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VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

by Fred Pennic 11/25/2024 Leave a Comment

VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

What You Should Know:  - Medtronic today  announced that the U.S. Department of Veterans Affairs (VA) has awarded a three-year contract for the deployment of nearly 100 additional GI Genius™ AI-powered endoscopy units across VA medical centers nationwide.  - The  expansion aims to provide veterans with access to state-of-the-art colorectal cancer screening technology. Improving Colorectal Cancer Screening for Veterans Colorectal cancer is a significant health concern,
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Siemens Healthineers and Ohio State Wexner Medical Center Forge $105M Value Partnership

by Fred Pennic 11/25/2024 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

What You Should Know:  - Siemens Healthineers and The Ohio State Wexner Medical Center have expanded their long-standing collaboration to establish a 10-year, $105M Value Partnership.  - The strategic alliance aims to drive innovation in medical imaging, artificial intelligence (AI), and machine learning, ultimately transforming care delivery and improving patient outcomes. Accelerating Innovation in Healthcare The partnership will leverage Siemens Healthineers' expertise
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Millions of Americans Remain Uninsured or Underinsured Despite ACA Gains

by Fred Pennic 11/22/2024 Leave a Comment

Millions of Americans Remain Uninsured or Underinsured Despite ACA Gains

What You Should Know:  - A new report from the Commonwealth Fund reveals that despite significant progress in expanding health insurance coverage under the Affordable Care Act (ACA), millions of Americans still lack adequate and affordable healthcare.  - The report highlights the prevalence of coverage gaps, high out-of-pocket costs, and the burden of medical debt, underscoring the need for further policy action to achieve truly universal coverage. Uninsured and
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Smartphone AI Facial Scans May Help Detect Sleep Disorders, Stanford Study Finds

by Fred Pennic 11/22/2024 Leave a Comment

What You Should Know:  - Researchers at Stanford University, in collaboration with SoundHealth, have conducted a pioneering study exploring the use of smartphone facial scans and AI to analyze facial structures linked to sleep disorders.  - The approach offers the potential for earlier and more accessible screening of conditions like insomnia and obstructive sleep apnea (OSA). Non-invasive Screening with Smartphones Traditionally, identifying physical traits associated with
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Veradigm Launches AI-Powered Ambient Scribe to Ease Documentation Burden for Healthcare Providers

by Fred Pennic 11/21/2024 Leave a Comment

What You Should Know:  - Veradigm, a provider of healthcare data and technology solutions, has announced the launch of Veradigm Ambient Scribe, an AI-powered platform designed to reduce the administrative burden on healthcare providers.  - Powered by AvodahMed, the innovative solution uses ambient listening technology to automatically capture and transcribe patient-provider interactions, freeing up clinicians to focus more on patient care. Reducing Administrative Burden with
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Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

by Fred Pennic 11/21/2024 Leave a Comment

Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

What You Should Know:  - Zarminali Health, a new pediatric healthcare provider, has secured $40M in seed funding to revolutionize the delivery of primary and specialty care for children led by General Catalyst.   - Zarminali Health is poised to transform the pediatric healthcare landscape by providing a modern, integrated, and patient-centric approach to care. The innovative model has the potential to improve health outcomes for children, reduce clinician burnout, and
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Xsolis Leads in Client Satisfaction for Physician Advisory Services, KLAS Report Finds

by Fred Pennic 11/21/2024 Leave a Comment

Xsolis Leads in Client Satisfaction for Physician Advisory Services, KLAS Report Finds

What You Should Know: - A new KLAS Research report examines the key drivers of client satisfaction in the physician advisory services market, highlighting the importance of accuracy, timeliness, strong relationships, and specialized service lines.  - KLAS names Xsolis as a leader in overall client satisfaction among physician advisory services firms in helping healthcare providers navigate the complexities of regulatory and payer requirements.  Key Drivers of Client
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AMV Launches Move PT: An AI-Powered Platform to Revolutionize Rehabilitation Care

by Fred Pennic 11/21/2024 Leave a Comment

AMV Launches Move PT: An AI-Powered Platform to Revolutionize Rehabilitation Care

What You Should Know:  - Academy Medtech Ventures (AMV) has announced the launch of Move PT, a cutting-edge digital health platform designed to transform rehabilitation care through the power of artificial intelligence (AI), computer vision (CV), and remote therapeutic monitoring (RTM).  - The solution empowers physical therapists, orthopedic surgeons, and other healthcare providers with the data-driven insights they need to deliver more precise and personalized patient
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