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Fred Pennic, Editor-in Chief | HIT Consultant

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

CareSource Becomes LP with Boomerang Ventures for Co-Investment Opportunities

by Fred Pennic 02/12/2024 Leave a Comment

CareSource Becomes LP with Boomerang Ventures for Co-Investment Opportunities

What You Should Know: - Boomerang Ventures, an early-stage venture studio and venture capital fund focused on connected health solutions, has announced a strategic partnership with CareSource, a nationally recognized non-profit managed care organization. - The strategic collaboration marks a significant step towards advancing healthcare access, quality, and equity. Partnership Benefits CareSource becomes a Limited Partner: This investment empowers Boomerang to expand its reach
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Ambient AI Scribes Reduce Clinician Burden, TPMG Pilot Reveals

by Fred Pennic 02/09/2024 Leave a Comment

Ambient AI Scribes Reduce Clinician Burden: TPMG Pilot Shows Promise

What You Should Know: - Ambient artificial intelligence (AI) scribes show early promise in reducing clinicians’ burden, according to a recent The Permanente Medical Group (TPMG) pilot. - Published in NEJM Catalyst, TPMG recently implemented ambient AI scribes for 10,000 physicians and staff. Ambient AI Scribes Ambient AI scribes represent a cutting-edge technological solution designed to mitigate the documentation workload faced by physicians. By employing machine learning algorithms
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Calibrate Appoints Rob MacNaughton as New CEO

by Executive Digital Health Hires & Departures 02/09/2024 Leave a Comment

Calibrate Appoints Rob MacNaughton as New CEO

What You Should Know: - Calibrate, the leading clinician-guided and value-based obesity treatment program, today announced the appointment of Rob MacNaughton as its new Chief Executive Officer. - Calibrate's strategic direction under MacNaughton's leadership and the OptumRx partnership position the company for significant growth and a positive impact on both individual and corporate healthcare landscapes. MacNaughton Bio/Background MacNaughton boasts a distinguished track record in
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QuantHealth Appoints Its First Chief Medical Officer and Chief Financial Officer

by Executive Digital Health Appointments 02/09/2024 Leave a Comment

QuantHealth Appoints Its First Chief Medical Officer and Chief Financial Officer

What You Should Know: What You Should Know: - QuantHealth, an AI-powered clinical trial design company that simulates clinical trials, announced the appointment of Dr. Adam Petrich, MD, as the company’s inaugural Chief Medical Officer and Adam Goldberger as Chief Financial Officer. - As QuantHealth’s first Chief Financial Officer, Adam Goldberger will partner with the executive team to help drive innovation and reach critical financial milestones as the company continues
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Unlearn Raises $50M to Accelerate AI-Powered Clinical Trials with Digital Twins

by Fred Pennic 02/08/2024 Leave a Comment

Unlearn Raises $50M to Accelerate AI-Powered Clinical Trials with Digital Twins

What You Should Know: - Unlearn®, a leading AI company using digital twins to revolutionize clinical trials, announced today a $50M Series C funding round led by Altimeter Capital. This investment, bringing Unlearn's total funding to over $130M, will fuel its mission to eliminate trial and error in medicine through faster, smaller, and more ethical clinical trials. - Unlearn collaborates with pharmaceutical companies, biotechs, and academic institutions to optimize and streamline clinical
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Solera Health’s CEO Steps Down, Assumes Chairman Role

by Executive Digital Health Hires & Departures 02/08/2024 Leave a Comment

Solera Health CEO Mary Langowski Steps Down, Assumes Chairman Role

What You Should Know: - Solera Health, a leading platform connecting people with effective health solutions, announced today that Mary Langowski, is stepping down as Chief Executive Officer and transitioning to the role of Chairman of the Board. An interim CEO will be named soon.  -The Board expressed its deep appreciation to Langowski for her transformative leadership. Board member Matt Downs, stepping down as Chair but remaining a voting member, praised her impact and expressed
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Nabla Appoints Dr. Ed Lee as Chief Medical Officer

by Executive Digital Health Appointments 02/08/2024 Leave a Comment

Nabla Appoints Dr. Ed Lee as Chief Medical Officer

What You Should Know: - Nabla, the leading ambient AI assistant for healthcare professionals, announced the appointment of Dr. Ed Lee, MD, MPH, as Chief Medical Officer. - As Chief Medical Officer, Dr. Lee will shape Nabla's clinical strategy and product roadmap. He will contribute to feature enhancements, advocate for Nabla at industry events, and provide valuable insights on clinical informatics trends. Dr. Lee Bio/Background Dr. Lee joins Nabla with over 20 years of experience as
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Ambience Healthcare Secures $70M to Advance AI-Driven Healthcare Operating System

by Fred Pennic 02/08/2024 Leave a Comment

Ambience Healthcare Secures $70M to Advance AI-Driven Healthcare Operating System

What You Should Know: - Ambience Healthcare, the leading AI operating system for healthcare organizations, announced a $70M Series B funding round co-led by Kleiner Perkins and OpenAI Startup Fund. - This funding comes on the heels of Ambience's rapid commercial success, with deployments at major healthcare systems like UCSF, Memorial Hermann, and John Muir Health. Breaking Down Silos and Improving Efficiency Ambience's platform approach fosters collaboration and breaks down silos
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Verily Appoints Myoung Cha as Chief Product Officer

by Executive Life Sciences Appointments 02/08/2024 Leave a Comment

Verily Appoints Myoung Cha as Chief Product Officer

What You Should Know: - Verily, an Alphabet precision health technology company appoints Myoung Cha as Chief Product Officer. - As Chief Product Officer at Verily, Cha will lead strategy and development across the company’s care (Verily Onduo), research (Verily Viewpoint), and products (Verily Numetric) portfolio. Cha Bio/Background Cha has more than twenty years of experience building and implementing innovative technology solutions to advance clinical research, transform patient
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ByteDance Employees Get VR Therapy Boost with XRHealth Partnership

by Fred Pennic 02/08/2024 Leave a Comment

XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

What You Should Know: - ByteDance, the global tech giant, announced a new partnership with XRHealth, a leading healthcare platform leveraging spatial computing, to offer its employees access to VR therapy benefits. - By offering convenient, engaging, and effective VR therapy solutions, ByteDance prioritizes the well-being of its workforce, fostering a healthier and happier employee population. Immersive VR Therapy Under the partnership, ByteDance employees will gain access to
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