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Fred Pennic, Editor-in Chief | HIT Consultant

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

Accenture Invests in Earli Inc. for Early Cancer Detection

by Fred Pennic 08/19/2024 Leave a Comment

Accenture Invests in Earli Inc. for Early Cancer Detection

What You Should Know:  - Accenture today announced a strategic investment in Earli Inc., a biotechnology company pioneering a novel approach to early cancer detection.  - Earli’s groundbreaking technology aims to transform cancer diagnosis and treatment by enabling the rapid and accurate identification of cancerous cells. Synthetic Targeting Platform for Early Cancer Detection Earli has developed a synthetic targeting platform that selectively reprograms cancer cells,
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Caresyntax Secures $180M to Advance Precision Surgery Platform

by Fred Pennic 08/16/2024 Leave a Comment

Caresyntax Secures $180M to Advance Precision Surgery Platform

What You Should Know:  - Caresyntax, a leader in vendor-neutral precision surgery platforms raises $180M in funding,  comprised of $80M in equity and up to $100M in growth debt, will fuel the company's continued growth and development of its AI-powered surgical platform. - The funding round was led by a consortium of prominent investors, including Symbiotic Capital, MTIP AG, BIONIQ Capital, and BlackRock Innovation Capital. This significant investment demonstrates the growing
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Press Ganey Brings AI-Powered Patient Insights to Epic EHR

by Fred Pennic 08/16/2024 Leave a Comment

Press Ganey Brings AI-Powered Patient Insights to Epic EHR

What You Should Know:  - Press Ganey, a leader in experience measurement, data analytics, and insights, today announced an expansion to its PX Connect Suite, enabling healthcare organizations to capture and act on patient sentiment directly within the Epic electronic health record (EHR) system. - The integration allows for seamless collection of patient feedback through Epic's MyChart patient portal, providing valuable insights to care teams. By leveraging natural language processing,
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Photon Raises $9M to Expand Access to Text-Based Prescriptions

by Fred Pennic 08/16/2024 Leave a Comment

Photon Raises $9M to Expand Access to Text-Based Prescriptions

What You Should Know:  - Photon Health, a digital health startup focused on reimagining the prescription experience raises $9M in Series A funding round led by Notation and Flare Capital. The round also saw participation from existing investors and a group of notable angel investors. - Photon has developed a platform that simplifies the prescription process for both patients and providers.  Patient Friendly Pharmacy Experdience By digitizing prescriptions and providing
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Paige Appoints Razik Yousfi as CEO to Drive AI Innovation in Pathology

by Executives Hires 08/16/2024 Leave a Comment

Paige Appoints Razik Yousfi as CEO to Drive AI Innovation in Pathology

What You Should Know:  - Paige, a leader in next-generation AI technology, announced the appointment of Razik Yousfi as Chief Technology Officer and Chief Executive Officer. Yousfi, who has been instrumental in Paige’s product development and technology strategy since 2019, will now lead the company’s efforts to advance AI in pathology and oncology. - Under Yousfi’s leadership, Paige will intensify its focus on developing cutting-edge AI solutions to address critical challenges in
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Authenticx Launches AI Models to Detect Reportable Events in Healthcare Conversations

by Fred Pennic 08/16/2024 Leave a Comment

Authenticx Launches AI Models to Detect Reportable Events in Healthcare Conversations

What You Should Know:  - Authenticx, a leader in conversational intelligence for healthcare launches new suite of AI models capable of detecting reportable events within customer interactions.  - The new AI models empowers pharmacovigilance and patient safety teams to operate more efficiently and effectively. Detecting Healthcare-Specific Compliance Events and Streamlining Reporting The AI models can identify various reportable safety events, including adverse events,
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HistoSonics Secures $102M to Advance Non-Invasive Liver Tumor Treatment

by Fred Pennic 08/15/2024 Leave a Comment

HistoSonics Raises $102M for Liver Tumor Treatment

What You Should Know:  - HistoSonics, a medical technology company specializing in histotripsy, a non-invasive treatment for liver tumors raises $102M in Series D financing round.  - Led by Alpha Wave Ventures, with participation from new investors Amzak Health and HealthQuest Capital, and existing investors including Johnson & Johnson Innovation – JJDC, Inc., Venture Investors, Lumira Ventures, Yonjin Venture, and the State of Wisconsin Investment Board, the funding will
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Northwestern Deploys Epic-Integrated DAX Copilot Across Enterprise

by Recent Implementation/Deployments 08/15/2024 Leave a Comment

Northwestern Deploys Epic-Integrated DAX Copilot Across Enterprise

What You Should Know:  - Nuance Communications, a Microsoft company, announced that Northwestern Medicine has selected Dragon Ambient eXperience (DAX) Copilot as its ambient voice solution.  - The AI-powered technology will be integrated into Epic EHR to streamline clinical documentation and enhance patient care. Nuance's DAX Copilot Reduces Physician Burnout and Improves Care DAX Copilot addresses the critical issue of physician burnout by automating time-consuming
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Stryker Acquires care.ai to Bolster AI-Powered Healthcare Solutions

by Fred Pennic 08/15/2024 Leave a Comment

Stryker Acquires care.ai to Bolster AI-Powered Healthcare Solutions

What You Should Know:  - Stryker Corporation (NYSE: SYK) announced the definitive agreement to acquire care.ai, a leading company specializing in AI-powered virtual care, smart room technology, and ambient intelligence solutions.   - The acquisition of care.ai reinforces Stryker's existing healthcare IT offerings and wirelessly connected medical device portfolio. This move comes on the heels of the company's previously announced "very active deal pipeline" for the latter
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Kaiser Deploys Abridge’s GenAI Clinical Documentation Across Enterprise

by Fred Pennic 08/15/2024 Leave a Comment

Kaiser Permanente Launches EHR Integrated Social Health Network to Address SDoH

What You Should Know:  - Kaiser Permanente, the nation's largest non-profit integrated healthcare provider, has announced the rollout of a new assisted clinical documentation tool across its extensive network.  - The solution leverages AI technology to streamline administrative tasks and empower doctors to focus on personalized care for their patients. Prioritizing Patient-Centered Care Available at Kaiser Permanente's 40 hospitals and over 600 medical offices in eight
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