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Fred Pennic, Editor-in Chief | HIT Consultant

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

Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across Enterprise

by Fred Pennic 03/18/2024 Leave a Comment

Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across All Enterprise

What You Should Know: - Regard, a provider of AI-powered clinical automation for Electronic Health Records (EHRs), today announced a significant expansion of its partnership with Banner Health. - The enterprise-wide agreement will see Regard's technology deployed across all 33 of Banner's acute-care hospitals in six states throughout 2024. Building on a Successful Pilot Building upon a successful pilot program launched in June 2022 at Banner Thunderbird Medical Center, Banner Health
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Arcadia and Vim Partner to Empower Providers/Payers with Actionable AI

by Fred Pennic 03/18/2024 Leave a Comment

Arcadia and Vim Partner to Empower Providers/Payers with Actionable AI

What You Should Know: - Arcadia (arcadia.io), a healthcare data platform, and Vim, a healthcare middleware company, announced a strategic partnership today to deliver actionable AI-driven insights to payers, providers, and care teams. - The strategic partnership paves the way for further innovation. Arcadia's data platform will serve as a foundation for the development of new applications that integrate seamlessly with existing workflows. These apps have the potential to streamline various
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FOLX Health Appoints Greg Sottolano as Chief People Officer

by Executive Digital Health Appointments 03/18/2024 Leave a Comment

FOLX Health Appoints Greg Sottolano as Chief People Officer

What You Should Know: - FOLX Health, the first of its kind, nationwide LGBTQIA+ digital healthcare service provider, built to serve the community’s specific needs appoints Greg Sottolano as Chief People Officer. - As Chief People Officer, Greg will be responsible for HR, L&D and Internal Communications and will be focused on developing best-in-class talent across clinical and headquarters staff and enhancing the company culture. - The strategic hire will support FOLX Health’s
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HIMSS24 Roundup: M&A, Strategic Partnerships, Deployments, Product Launches, Funding, More

by Fred Pennic 03/15/2024 Leave a Comment

HIMSS23 Roundup: M&A, Strategic Partnerships, New Offerings

Strategic Partnerships New Consortium Aims to Ensure Responsible Use of AI in Healthcare A new initiative, the Trustworthy & Responsible AI Network (TRAIN), was announced at the HIMSS 2024 Global Health Conference. Through collaboration, TRAIN members will help improve the quality, safety, and trustworthiness of AI in health by sharing best practices, enabling registration of AI used for clinical care or clinical operations, providing tools to enable measurement of outcomes
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Mayo Clinic Platform Unveils Solutions Studio to Propel Digital Health Innovation

by Fred Pennic 03/15/2024 Leave a Comment

Mayo Clinic Platform Unveils Solutions Studio to Propel Digital Health Innovation

What You Should Know: - Mayo Clinic Platform launches Solutions Studio, a groundbreaking program designed to accelerate the development, validation, and deployment of digital health solutions. - Solutions Studio addresses a critical challenge in healthcare – bridging the gap between promising digital health innovations and their practical integration into clinical workflows. Addressing Challenges in Digital Health The high costs and complexities associated with bringing digital
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Northwell Forms 3-Year Partnership with Playbook Health for AI-Powered Clinical Documentation

by Fred Pennic 03/15/2024 Leave a Comment

Northwell Forms 3-Year Partnership with Playbook Health for AI-Powered Documentation

What You Should Know: - Playback Health, a healthcare technology company forms a three-year strategic integration partnership with Northwell Health, the largest health system in New York state. - The partnership focuses on integrating Playback Health's innovative clinical communication platform with Northwell Health's dedication to exceptional patient care. A key component of this initiative is the introduction of Playback Health's latest AI-powered feature, Notes. Introducing Notes:
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Better Therapeutics Shutters Operations, Terminates Employees, NASDAQ Delisting

by Fred Pennic 03/14/2024 Leave a Comment

Better Therapeutics Shutters Operations, Terminates Employees, NASDAQ Delisting

What You Should Know: - Better Therapeutics (BTTX), a developer of prescription digital therapeutics (PDT), announced today it is shuttering operations and terminating its employees as they explore strategic alternatives.  - The announcement follows a special meeting of the board of directors on March 13, 2024. Strategic Crossroads The company will explore strategic options, including: Assignment for the Benefit of Creditors (ABC): In an ABC, an independent trustee takes
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Zephyr AI Secures $111M to Democratize Precision Medicine with Explainable AI

by Fred Pennic 03/14/2024 Leave a Comment

Zephyr AI Secures $111M to Democratize Precision Medicine with Explainable AI

What You Should Know: - Zephyr AI, a healthcare technology company pioneering explainable AI (XAI) for precision medicine, raises $111M in Series A round led by Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group. - The company plans to use this round of funding to refine its technology to fortify its extensive collection of training and validation datasets, crucial for robust AI models, deliver results even faster, and expand its scientific and commercial
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Pi Health Secures $30M to Democratize Cancer Clinical Trials

by Fred Pennic 03/14/2024 Leave a Comment

Pi Health Secures $30M to Democratize Cancer Clinical Trials

What You Should Know: - Pi Health, a newly independent oncology-focused clinical research company raises $30M in Series A funding led by  AlleyCorp and Obvious Ventures, with additional investments from Invus Capital and leaders in oncology from across the globe. - The company, previously incubated by BeiGene (NASDAQ: BGNE), aims to revolutionize access to innovative cancer treatments through its technology platform and global network of clinical trial sites. Less Than 8% of
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Nursing Report Reveals Generational Divide on Nursing’s Future, Amidst Staffing Shortages

by Fred Pennic 03/14/2024 Leave a Comment

Nursing Report Reveals Generational Divide on Nursing's Future, Amidst Staffing Shortages

What You Should Know: - Incredible Health, the leading healthcare career marketplace, released its 5th Annual State of US Nursing Report today.  The report, based on data from one million nurses and a survey of over 3,300, offers a comprehensive look at the state of nursing in the United States. - The report underscores the need for solutions to address staffing shortages, improve compensation, and enhance nurse safety and well-being.  Collaboration between healthcare systems,
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