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Fred Pennic, Editor-in Chief | HIT Consultant

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

American College of Radiology Launches Medical Practice AI Quality Assurance Program

by Fred Pennic 06/26/2024 Leave a Comment

American College of Radiology Launches Medical Practice AI Quality Assurance Program

What You Should Know:  - The American College of Radiology (ACR) has taken a groundbreaking step towards ensuring the safe and effective use of artificial intelligence (AI) in radiology practices. They've launched the ACR Recognized Center for Healthcare-AI (ARCH-AI), the first national quality assurance program of its kind. - The program is built on best practices established by experts in the field. It outlines a clear framework for implementing AI in real-world radiology settings,
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AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation

by Fred Pennic 06/26/2024 Leave a Comment

AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation

What You Should Know:  - Amazon Web Services (AWS) announced a significant $10M commitment to propel research for pediatric healthcare and unlock a deeper understanding of rare childhood diseases.  - The initiative targets a critical gap in resources and aims to empower researchers to develop more effective treatments for vulnerable young patients. A Mother's Story Fuels the Fight Nicole Giroux's daughter Lila's journey with inoperable brain cancer at just 15 months old
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PicnicHealth Unveils Universal Patient Record with GenAI

by Fred Pennic 06/26/2024 Leave a Comment

PicnicHealth Unveils Universal Patient Record with GenAI

What You Should Know:  - PicnicHealth, a company focused on empowering health and research through patient data, announced PicnicAI, a technology platform unlocking the long-awaited Universal Patient Record.  - The innovative platform leverages the power of artificial intelligence (AI) to collect and interpret medical records from across the United States, transforming them into valuable insights for both patients and researchers. PicnicAI: Powering Personalized Care and
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CipherHealth Secures Investment from Atalaya Capital Management

by Fred Pennic 06/26/2024 Leave a Comment

CipherHealth Receives Strategic Growth Investment from JMI Equity

What You Should Know:  - CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts. - CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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Clinical Trial Diversity: Pharma Takes Action to Address Disparities

by Fred Pennic 06/26/2024 Leave a Comment

Clinical Trial Diversity: Pharma Takes Action to Address Disparities

What You Should Know:  - Trinity Life Sciences, a leader in global life sciences commercialization solutions, has released a new white paper titled "Diversity in Clinical Trials: Life Sciences Initiatives and Challenges in Light of the FDA's Latest Guidance."  - The paper sheds light on the critical issue of racial and ethnic diversity in clinical trials, exploring current industry initiatives, their effectiveness, and the future landscape shaped by the FDA's evolving
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eVisit Acquires UPMC’s Inpatient Teleconsult Technology

by Fred Pennic 06/25/2024 Leave a Comment

eVisit Acquires UPMC's Inpatient Teleconsult Technology

What You Should Know:  - eVisit, a provider of virtual care solutions for health systems, announced a significant expansion today through a three-pronged approach: acquisition of UPMC's inpatient teleconsult technology, strategic investments from UPMC Enterprises and MedStar Health, and the addition of key figures to its Clinical Advisory Board. - The strategic expansion solidifies eVisit's leadership in the telehealth landscape, empowering healthcare systems to deliver exceptional
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FDA Clears AliveCor’s Heart Attack-Detecting AI Kardia 12L ECG System

by Fred Pennic 06/25/2024 Leave a Comment

AliveCor is pleased to share the dual FDA clearance and launch of the world’s first AI technology to detect 35 cardiac conditions (including heart attacks and afib) using a reduced leadset, KAI 12L, and the first AI-powered, pocket-sized 12-lead ECG System with a unique single-cable design, Kardia 12L.

What You Should Know:  - AliveCor, a leader in AI-powered cardiology, has received FDA clearance and launched a groundbreaking innovation – the Kardia™ 12L ECG System with KAI™ 12L AI technology.  - AliveCor's Kardia 12L ECG System signifies a major advancement in cardiac diagnostics. By combining cutting-edge AI technology with a portable and user-friendly design, the system empowers healthcare professionals to deliver faster, more accurate, and more accessible cardiac
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

by Fred Pennic 06/25/2024 Leave a Comment

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

What You Should Know:  - Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.  - With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City.  This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

by Fred Pennic 06/25/2024 Leave a Comment

Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

What You Should Know:  - Merck Global Health Innovation Fund (MGHIF), a leader in healthcare impact investing, announced a strategic investment in Qure.ai, a prominent developer of artificial intelligence (AI) solutions for medical imaging.  - The strategic investment fuels Qure.ai's Series D funding round and propels their mission of expanding access to AI-powered imaging technology globally. Expanding Reach and Capabilities The funding will be directed towards two key
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Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

by Fred Pennic 06/25/2024 Leave a Comment

Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

What You Should Know:  - Proscia, a leader in artificial intelligence (AI)-powered pathology solutions, and Nucleai, a leading spatial AI biomarker company, announced a strategic partnership today. This collaboration aims to revolutionize precision medicine by integrating Nucleai's advanced biomarker technology with Proscia's Concentriq® software platform. - By harnessing the power of AI and digital pathology, this partnership offers the potential to fundamentally improve the
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