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Fred Pennic, Editor-in Chief | HIT Consultant

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

Wellth Appoints Former Sanford Health Plan CEO as COO

by Executives Hires 09/06/2024 Leave a Comment

Wellth Appoints Former Sanford Health Plan CEO as COO

What You Should Know:  - Wellth, a provider of daily care motivation solutions, has announced the appointment of John Snyder as Chief Operating Officer. Snyder brings over four decades of leadership experience in the healthcare industry, having previously served as CEO of Sanford Health Plan. - In his new role, Snyder will oversee Wellth's operations, identify and implement new growth strategies, and expand the company's business development efforts. He will also focus on
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Exer AI Collaborates with Mayo Clinic to Advance Standard of Care for Hand and Wrist Disorders with AI

by Fred Pennic 09/05/2024 Leave a Comment

Exer AI Collaborates with Mayo Clinic to Advance Standard of Care for Hand and Wrist Disorders with AI

What You Should Know:  - Exer AI, a clinical AI company specializing in musculoskeletal and movement disorders, has announced a collaboration with Mayo Clinic to expand its platform's capabilities for diagnosing and treating hand and wrist conditions. - Millions of people suffer from chronic hand and wrist conditions, such as rheumatoid arthritis and carpal tunnel syndrome. By providing a more efficient and accurate means of diagnosis and treatment, Exer AI and Mayo Clinic are working
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Paige Unveils AI Co-Pilot for Pathology & Oncology, Paige Alba

by Fred Pennic 09/05/2024 Leave a Comment

What You Should Know:  - Paige, a provider of next-generation artificial intelligence has introduced Paige Alba, a groundbreaking clinical-grade multimodal co-pilot designed to transform personalized medicine and precision oncology.  - Leveraging the power of Paige's Foundation Models, Alba delivers real-time AI-driven patient insights, marking a significant step towards Artificial General Intelligence (AGI). A Cohesive Solution for Personalized Medicine Paige Alba
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New Mountain Merges 3 Leaders to Form Payment Integrity Platform

by Fred Pennic 09/05/2024 Leave a Comment

New Mountain Merges 3 Leaders to Form Payment Integrity Platform

What You Should Know:  - New Mountain Capital has announced the formation of a new company that merges Rawlings, Apixio's Payment Integrity business, and VARIS to form a next-generation payment accuracy and integrity platform.  - The combined entity aims to lower healthcare costs by leveraging technology and AI to improve payment accuracy and reduce waste. - The combined entity brings together a wealth of experience and expertise in the healthcare industry. With over 1,900
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Canvas Medical Appoints Adam Farren as CEO

by Executives HIres 09/05/2024 Leave a Comment

Canvas Medical Appoints Adam Farren as CEO

What You Should Know:  - Canvas Medical, a EMR company, has announced the appointment of Adam Farren as Chief Executive Officer. Farren has been serving as President and Chief Operating Officer since April 2023. - With Farren assuming the CEO role, Andrew Hines, the founder of Canvas, will transition to the position of Chief Technology Officer. Hines will focus on spearheading the application of artificial intelligence (AI) across Canvas' products, starting with Backplane™, a tool
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Thatch Secures $38M to Eliminate Employer-Based Health Benefits

by Fred Pennic 09/05/2024 Leave a Comment

Thatch Secures $38M to Eliminate Employer-Based Health Benefits

What You Should Know:  - Thatch, a pioneering healthcare benefits platform, has secured $38M in Series A funding to fuel its mission of decoupling health insurance from employment.  - Led by Index Ventures and General Catalyst, this investment will enable Thatch to expand its team, scale its technology platform, and accelerate customer acquisition. Addressing the Inefficiencies of Traditional Healthcare Benefits The traditional model of employer-sponsored health insurance
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Viz.ai and Cleerly Partner for AI Heart Disease Evaluation

by Fred Pennic 09/04/2024 Leave a Comment

Viz.ai and Cleerly Partner for AI Heart Disease Evaluation

What You Should Know:  - Viz.ai, a leader in AI-powered disease detection, announced a partnership with Cleerly, a company specializing in AI-driven diagnosis of heart disease.  - This collaboration aims to improve and expedite care coordination for heart disease patients, the world's leading cause of death. Enhanced Care with AI The partnership integrates Cleerly's AI technology into Viz.ai's One platform. Cleerly's software analyzes coronary computed tomography
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iRhythm Partners with BioIntelliSense to Advance Cardiac Monitoring

by Fred Pennic 09/04/2024 Leave a Comment

iRhythm Partners with BioIntelliSense to Advance Cardiac Monitoring

What You Should Know:  - iRhythm Technologies, a leader in digital healthcare, has announced a strategic partnership with BioIntelliSense, a continuous health monitoring company. The collaboration aims to develop and commercialize advanced cardiac monitoring technologies. - BioIntelliSense has granted iRhythm an exclusive license to develop and commercialize pulse oximetry, accelerometry, and trending non-invasive blood pressure technologies for use in iRhythm's cardiac
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Netsmart Acquires HealthPivots to Enhance Post-Acute Care Solutions

by Fred Pennic 09/04/2024 Leave a Comment

Netsmart Acquires HealthPivots to Enhance Post-Acute Care Solutions

What You Should Know:  - Netsmart, a provider of healthcare technology solutions announced the acquisition of HealthPivots, a market intelligence company specializing in post-acute care. - The combination of etsmart's CareFabric® platform with HealthPivots' DataLab will create a powerful solution to help post-acute care providers transition to value-based care. Addressing the Growing Need for Value-Based Care As healthcare organizations move towards value-based care models,
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Revelstoke Capital Partners Invests in MediQuant

by Fred Pennic 09/04/2024 Leave a Comment

Revelstoke Capital Partners Invests in MediQuant

What You Should Know:  - Revelstoke Capital Partners, a healthcare-focused private equity firm, has announced a significant investment in MediQuant, a provider of cloud-based data archiving and interoperability solutions. This investment marks the seventh from Revelstoke Capital Partners Fund III. - MediQuant's flagship product, DataArk, enables healthcare organizations to securely store and access critical patient data. By consolidating data from various systems, DataArk helps reduce
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