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Fred Pennic, Editor-in Chief | HIT Consultant

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

XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers

by Fred Pennic 12/18/2023 Leave a Comment

XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers

What You Should Know: -XiFin, Inc., announced the launch of its new Payor Rate Transparency Monitor, the first-of-its-kind interactive visualization tool that compares contracted rates published by UnitedHealthcare, Aetna, and Cigna. The new AI monitor tool dives deep beyond mere averages, drilling down into specific billing codes and modifiers established by the Centers for Medicare & Medicaid Services (CMS). This granular data empowers providers to refine their managed care, market
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AHIMA Appoints Dr. Kevin Klauer as New CEO

by Executive Appointment 12/18/2023 Leave a Comment

What You Should Know: - The American Health Information Management Association (AHIMA) has appointed Dr. Kevin Klauer as its new Chief Executive Officer (CEO), effective January 8, 2024. - Dr. Klauer will succeed Amy Mosser, MBA, who served as interim CEO since June. Mosser, a critical member of AHIMA's executive team since 2019, will transition to the role of President of HCPro, LLC, a for-profit, wholly-owned subsidiary of AHIMA. Dr. Klauer Bio/Background Dr. Klauer's extensive
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TREND Health Acquires Advent for AI-Powered Healthcare Payment Accuracy

by Fred Pennic 12/15/2023 Leave a Comment

TREND Health Acquires Advent for AI-Powered Healthcare Payment Accuracy

What You Should Know: - TREND Health Partners, a rapidly growing provider of AI-driven solutions, has acquired Advent Health Partners, an AI-driven platform identifies and standardizes clinical attributes from itemized bills and medical records, expediting critical information presentation and ensuring timely and appropriate reimbursement. - This strategic combination brings together two industry powerhouses, creating a comprehensive platform for payers and providers seeking to optimize
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AMA Survey Explores Physician Sentiments on AI in Healthcare

by Fred Pennic 12/15/2023 Leave a Comment

AMA Survey Explores Physician Sentiments on AI in Healthcare

What You Should Know: - Physicians are cautiously optimistic about artificial intelligence (AI) in healthcare, according to a new survey by the American Medical Association (AMA). While 41% are equally excited and concerned about its potential, nearly two-thirds see its advantages if specific concerns are addressed. - The survey of 1,081 physicians, conducted in August 2023, reveals a complex picture of how doctors view this transformative technology, highlighting both its potential
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Headway Expands Nationwide, Connecting Mental Health Patients with Care in All 50 States

by Fred Pennic 12/15/2023 Leave a Comment

Headway Expands Nationwide, Connecting Mental Health Patients with Care in All 50 States

What You Should Know: - Headway, a tech-enabled network of mental health providers, has achieved a major milestone: it is now serving patients in all 50 states and the District of Columbia. - Headway's national expansion marks a significant step forward in making mental health care accessible and affordable for all Americans. By addressing key barriers to care and partnering with major health plans, Headway is helping to create a healthier future for individuals and communities across the
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Lunit Acquires AI-Enabled Breast Cancer Detection Platform Volpara for $193M

by Fred Pennic 12/15/2023 Leave a Comment

Lunit Acquires AI-Enabled Breast Cancer Detection Platform Volpara for $193M

What You Should Know: - South Korean AI leader Lunit has announced its intention to acquire Volpara, a global pioneer in AI-powered cancer detection software, in a landmark deal worth AUD 292M (USD 193M). - Beyond market presence, it's Volpara's deep knowledge and extensive data that truly sets it apart. With over 100 million high-quality mammogram images in its repository, Volpara offers a treasure trove of insights that will supercharge Lunit's AI capabilities and pave the way for
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HHS Unveils Data Strategy to Fuel Cancer Moonshot & Health Outcomes

by Fred Pennic 12/14/2023 Leave a Comment

HHS Unveils Data Strategy to Fuel Cancer Moonshot & Health Outcomes

What You Should Know: - The U.S. Department of Health and Human Services (HHS) has released its comprehensive Data Strategy, outlining a vision for leveraging data as a powerful tool to improve health outcomes and advance the Biden Cancer Moonshot. - The strategy expands the Office of the National Coordinator for Health Information Technology (ONC)'s role to encompass human services interoperability in addition to its existing focus on healthcare interoperability. This ensures seamless
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Children’s Health Deploys Generative AI-Powered Clinical Summaries

by Fred Pennic 12/14/2023 Leave a Comment

Children’s Health Deploys Generative AI-Powered Clinical Summaries

What You Should Know: - Children's Health, a pediatric health system announced it has deployed Pieces, a clinically-oriented generative AI solution, across its inpatient care.  - Pieces seamlessly integrates with the hospital's Epic EMR and has quickly become a daily tool for doctors, nurses, and case managers, facilitating clinical handoffs, managing length of stay, tackling discharge barriers, enhancing team communication, and supporting multidisciplinary rounds. Real-Time
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CodaMetrix Appoints Lisa Morella as VP of Data and Analytics

by Digital Health Executive Hires 12/14/2023 Leave a Comment

CodaMetrix Appoints Lisa Morella as VP of Data and Analytics

What You Should Know: - CodaMetrix, the AI-powered medical coding platform, has appointed Lisa Morella as its new Vice President of Data and Analytics. Morella joins the company as they celebrate a 50% increase in automated coding transactions compared to 2022, marking a significant milestone in their mission to revolutionize healthcare coding. - Morella brings a wealth of experience from her 15-year tenure at Mass General Brigham, where she played a key role in developing the innovative
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Americans Wary of Generative AI in Healthcare: Trust and Transparency Key to Adoption

by Fred Pennic 12/14/2023 Leave a Comment

Americans Wary of Generative AI in Healthcare: Trust and Transparency Key to Adoption

What You Should Know: - A new survey, Generative AI in Healthcare: Gaining Consumer Trust, from Wolters Kluwer Health reveals significant concerns among Americans regarding the use of generative AI (GenAI) in healthcare. - While many see its potential to improve care, the lack of transparency and validation around data sources raises major trust issues. Lack of Trust & Transparency Key findings of the report include: - Lack of transparency: 86% of Americans worry about not
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