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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Experity Appoints Saji Rajasekharan as Chief Technology Officer

by Executive Hires 09/04/2024 Leave a Comment

Experity Appoints Saji Rajasekharan as Chief Technology Officer

What You Should Know:  - Experity, a provider of on-demand healthcare solutions, has announced the appointment of Saji Rajasekharan as its new Chief Technology Officer (CTO).  - Rajasekharan will report directly to Experity's CEO, David Stern, and will be responsible for driving technology innovation and strategy within the company. - Prior to joining Experity, Rajasekharan held leadership roles at Clearwave, Premier, and Cognizant. He has a proven ability to launch
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GoHealth Acquires e-TeleQuote to Enhance Medicare Insurance Offerings

by Health M&A 09/04/2024 Leave a Comment

GoHealth Acquires e-TeleQuote to Enhance Medicare Insurance Offerings

What You Should Know:  - GoHealth, a health insurance marketplace, has announced the acquisition of e-TeleQuote, a prominent player in the Medicare insurance market. This strategic move aims to strengthen GoHealth's position as a leading provider of consumer-centric healthcare solutions. - The combination of GoHealth and e-TeleQuote will create a stronger market presence and expand the reach of their services. The acquisition is particularly timely as the upcoming benefit season is
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Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

by Fred Pennic 09/04/2024 Leave a Comment

Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

What You Should Know:  - Rejoy Health, a pioneer in AI-powered healthcare solutions, announced today the successful completion of a significant funding round, valuing the company at $125M.  - This investment will fuel the expansion of Rejoy Health's AI capabilities, with a focus on hiring additional AI engineers and expanding GPU clusters. Revolutionizing Healthcare with AI Founded in 2021, Rejoy Health has rapidly emerged as a leader in developing AI-driven solutions
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Samsung Galaxy Watch Receives Validation From University of Michigan for Accurate Fitness Tracking

by Fred Pennic 09/03/2024 Leave a Comment

Samsung Galaxy Watch Receives Validation From University of Michigan for Accurate Fitness Tracking

What You Should Know:  - Samsung Electronics and the University of Michigan have announced that the prestigious University of Michigan Human Performance & Sport Science Center (HPSSC) has validated the high accuracy of fitness tracking features on the Samsung Galaxy Watch. - The Samsung Galaxy Watch, validated by the University of Michigan, provides a powerful tool for anyone seeking to improve their health and fitness. With accurate data and personalized insights, you can
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RhythmX AI Appoints Nathan Gnanasambandam as VP of AI

by Executive Hires 09/03/2024 Leave a Comment

RhythmX AI Appoints Nathan Gnanasambandam as VP of AI

What You Should Know:  - RhythmX AI, a leading provider of AI-powered healthcare solutions, has announced the appointment of Nathan Gnanasambandam as Vice President of AI.  - Gnanasambandam brings over 20 years of experience in AI, healthtech, and healthcare economics to his new role. Gnanasambandam Bio/Background Prior to joining RhythmX AI, Gnanasambandam served as Chief Data Science Officer and Chief Technology Officer at Highpointe Solutions, where he led technology and
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