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Fred Pennic, Editor-in Chief | HIT Consultant

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

AI-Powered Deepfakes Fuel Surge in Social Media Supplement Scams

by Fred Pennic 07/19/2024 Leave a Comment

Deepfakes Fuel Surge in Social Media Supplement Scams

What You Should Know:  - Social media has become a breeding ground for deceptive health supplement ads, with AI-powered deepfakes taking these scams to a whole new level of danger. A recent study by Bitdefender Labs reveals a dramatic increase in phony social media ads promoting fictitious supplements and treatments.   -Researchers at Bitdefender Labs analyzed health-related scams on social media platforms like Facebook, Messenger, and Instagram over a three-month period,
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Q Bio Secures $27M to Expand Full-Body MRI with Mark I Scanner

by Fred Pennic 07/18/2024 Leave a Comment

Q Bio Secures $27M to Expand Full-Body MRI with Mark I Scanner

What You Should Know:  - Q Bio Inc., a pioneer in medical imaging technology secures $27M in strategic funding to propel its innovative Mark I full-body scanner towards market launch. This investment round welcomes new investor TELUS Global Ventures alongside existing backers like Khosla Ventures, Andreessen Horowitz, Founders Fund, and Kaiser Foundation Hospitals. - Founded in 2015 by Jeff Kaditz, Dr. Michael Snyder, and Dr. Garry Choy, Q Bio is dedicated to revolutionizing medical
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Thoughtful AI Secures $20M, Launches Human-Capable RCM AI Agents

by Fred Pennic 07/18/2024 Leave a Comment

Thoughtful AI Secures $20M, Launches Human-Capable RCM AI Agents

What You Should Know:  - Thoughtful AI, a provider of AI-powered revenue cycle automation (RCM), has announced a series of exciting developments, including the launch of the world's first fully human-capable AI Agents for healthcare RCM, exceptional growth metrics, and $20 million in Series A funding. - Thoughtful AI's groundbreaking AI Agents, CAM, EVA, and PHIL, are tackling the burden of repetitive RCM tasks like claims processing, patient eligibility verification, and payment
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Astrana Health and Elation Health Partner to Build Value-Based ACOs, CINs

by Fred Pennic 07/18/2024 Leave a Comment

Astrana Health and Elation Health Form Nationwide Partnership to Expand Sustainable Support Infrastructure for Primary Care Physicians

What You Should Know:  - Astrana Health (NASDAQ: ASTH), a provider-centric healthcare company, today announced a strategic partnership with Elation Health, a clinical-first technology company specializing in primary care.  - The partnership focuses on supporting independent physicians by providing them with the tools necessary to thrive in value-based care arrangements. Astrana and Elation plan to establish risk-bearing entities, such as accountable care organizations (ACOs) and
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Inaccurate Provider Directories: A Major Headache for Patients and Policymakers, HiLabs’ AI Study Reveals

by Fred Pennic 07/18/2024 Leave a Comment

Inaccurate Provider Directories: A Major Headache for Patients and Policymakers, HiLabs' AI Study Reveals

What You Should Know:  - Incorrect data in health plan physician directories is a pervasive problem, according to new research conducted by researchers at University of Colorado and HiLabs.  - The study, published in BMC Health Services Research, leverages HiLabs AI algorithms to compare data for >40% of US physicians across five large health plan directories. Key Findings: Limited variation in data quality between insurers suggests the issue goes beyond individual
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Intermountain Health Partners with NeuroFlow to Improve Behavioral Health Integration in Primary Care

by Fred Pennic 07/18/2024 Leave a Comment

Intermountain Health Partners with NeuroFlow to Improve Behavioral Health Integration in Primary Care

What You Should Know:  - Intermountain Health announced a partnership with NeuroFlow, a company specializing in behavioral health technology and analytics.  -  The strategic collaboration aims to proactively identify and address behavioral health needs within Intermountain's primary care patient population in Colorado. Behavioral Health Integration in Primary Care People with combined physical and behavioral health conditions often experience higher healthcare costs.
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Findhelp Acquires Kiip to Streamline Access to Social Services

by Fred Pennic 07/18/2024 Leave a Comment

Findhelp Acquires Kiip to Streamline Access to Social Services

What You Should Know:  - Findhelp, a social care software company, announced the acquisition of Kiip, a New York-based startup focused on simplifying access to social programs.  - The strategic acquisition strengthens Findhelp's position in the social care software market and aims to significantly improve access to vital resources for millions in need. Financial details of the acquisition were not disclosed.  Addressing a Critical Need: Millions of people struggle to
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Beebe Healthcare to Deploy Epic Enterprise EHR Across Network

by Fred Pennic 07/17/2024 Leave a Comment

Beebe Healthcare to Deploy Epic Enterprise EHR Across Network

What You Should Know:  - Beebe Healthcare, a comprehensive healthcare system serving Sussex County, Delaware, and the surrounding region announced a strategic partnership with Epic, a leading healthcare software company, to implement its enterprise electronic health record (EHR) system. This move aims to deliver a more seamless and integrated care experience for patients across Sussex County. - Currently, Beebe Healthcare operates on separate EHR platforms for its Medical Group and
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Thyme Care Secures $95M to Expand Value-Based Cancer Care Platform

by Fred Pennic 07/17/2024 Leave a Comment

Thyme Care Launches Virtual Palliative Care Program to Enhance Cancer Care

What You Should Know:  - Thyme Care, a leading value-based cancer care enabler raises $95M in funding capital led by Concord Health Partners, with participation from existing investors including CVS Health® Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Foresite Capital, and new investor SignalFire. The funding brings Thyme Care's total funding to $178M. - Thyme Care is a value-based cancer care enabler focused on improving patient outcomes and
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Bon Secours Mercy Health to Deploy Philips’ Patient Monitoring Platform Across Enterprise

by Fred Pennic 07/17/2024 Leave a Comment

Bon Secours Mercy Health to Deploy Philips’ Patient Monitoring Platform Across Enterprise

What You Should Know:  - Philips, a global leader in health technology, and Bon Secours Mercy Health (BSMH), a prominent Catholic health system, today announced a strategic multi-year collaboration focused on improving patient monitoring.  - By integrating Philips' cutting-edge patient monitoring platform into its system, BSMH will standardize care across its 49 hospitals. This platform offers a comprehensive view of patient data, enabling clinicians to make more informed
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