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Fred Pennic, Editor-in Chief | HIT Consultant

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

Oracle-Backed Cancer Startup Project Ronin Shutters

by Fred Pennic 03/04/2024 Leave a Comment

Oracle-Backed Cancer Startup Project Ronin Shutters

What You Should Know: - Project Ronin, a software startup focused on applying AI to improve cancer care, announced its closure, Bloomberg first reports. - The company, co-founded by Oracle co-founder and chairman Larry Ellison, cited financial difficulties as the primary reason for the shutdown. Project Ronin Background Founded in 2018, Ronin aimed to develop solutions that could rapidly analyze and interpret data within electronic health records systems used by hospitals. 
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Envoy Medical Secures $10M to Advance Fully Implanted Cochlear Implant

by Fred Pennic 03/04/2024 Leave a Comment

Envoy Medical Secures $10M to Advance Fully Implanted Cochlear Implant

What You Should Know: - Envoy Medical Corporation (NASDAQ: COCH), a pioneer in fully implanted hearing solutions, announced today the closing of a $10M, five-year loan agreement with existing investor Glen Taylor. - This unsecured loan will support Envoy Medical's continued development of its innovative hearing technologies, including:    - The Acclaim® cochlear implant: A fully implanted device designed for individuals with severe hearing loss. This investigational
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ArteraAI’s Prostate Test Earns Recognition in NCCN Guidelines for Prostate Cancer

by Fred Pennic 03/04/2024 Leave a Comment

ArteraAI's Prostate Test Earns Recognition in NCCN Guidelines for Prostate Cancer

What You Should Know: - ArteraAI, a leader in artificial intelligence (AI)-powered cancer tests, today announced a significant achievement – the inclusion of their ArteraAI Prostate Test in the NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®) for Prostate Cancer. - This marks a major milestone for ArteraAI, solidifying its position at the forefront of AI-driven oncology and personalized patient care.   A First for AI-powered Testing The ArteraAI Prostate Test is the
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Coalition for Health AI (CHAI) Appoints CEO & Board of Directors

by Executive Digital Health Appointments 03/04/2024 Leave a Comment

Coalition for Health AI Appoints CEO & Board of Directors

What You Should Know: - The Coalition for Health AI (CHAI), a multi-stakeholder initiative focused on responsible AI in healthcare, today announced key leadership appointments and partnerships. CHAI is a non-profit organization dedicated to fostering collaboration among stakeholders in the healthcare ecosystem to ensure the responsible development and deployment of AI in healthcare. - CHAI named Dr. Brian Anderson, a co-founder of CHAI and chief digital health physician at MITRE, as its
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Noom Co-Founder Artem Petakov Transitions to Head Noom Ventures

by Executive Digital Health Appointments 03/01/2024 Leave a Comment

Noom Co-Founder Artem Petakov Transitions to Head Noom Ventures

What You Should Know: - Noom, a digital healthcare company focused on chronic disease prevention and healthy living, today announced that Noom Co-Founder and President Artem Petakov will assume a new role as Head of Noom Ventures, effective March 31, 2024. - By investing in promising startups and fostering collaboration, Noom Ventures has the potential to accelerate the development of transformative healthcare solutions, ultimately impacting the lives of many. Investing in the Future of
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Trinity Invests $25M Moxe Health to Advance Healthcare Data Sharing

by Fred Pennic 03/01/2024 Leave a Comment

Trinity Invests $25M Moxe Health to Advance Healthcare Data Sharing

What You Should Know: - Trinity Capital Inc. (NASDAQ: TRIN), a leading provider of growth capital to innovative companies announced a $25M investment in Moxe Health, a healthcare interoperability leader. - The $25M investment from Trinity Capital will empower Moxe to expand its reach and further establish itself as a leader in healthcare interoperability, invest in ongoing development and improvement of its data exchange solutions, and offer new services. Moxe: Streamlining Healthcare
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Highmark Health to Host Epic’s Payer Platform on Google Cloud

by Fred Pennic 03/01/2024 Leave a Comment

Highmark Health to Host Epic's Payer Platform on Google Cloud

What You Should Know: - Highmark Health announced a collaboration with Epic and Google Cloud to revolutionize payer-provider collaboration and personalize the patient experience. - The strategic integration leverages Epic's Payer Platform and Google Cloud's data analytics capabilities to empower both health insurers and healthcare providers. Breaking Down Communication Barriers Highmark Health leverages Epic's Payer Platform, which fosters collaboration between payers and
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Rhapsody Appoints Jitin Asnaani as Chief Product Officer

by Executive Digital Health Appointments 03/01/2024 Leave a Comment

Rhapsody Appoints Jitin Asnaani as Chief Product Officer

What You Should Know: - Rhapsody, a digital health enablement company, announced the appointment of Jitin Asnaani as its new Chief Product Officer (CPO). - Asnaani, a renowned expert in digital health and interoperability, brings a wealth of experience to lead the company's product strategy amidst an evolving healthcare landscape.
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Spectral AI Appoints Peter M. Carlson as CEO

by Executive Digital Health Appointments 03/01/2024 Leave a Comment

Spectral AI Appoints Peter M. Carlson as CEO

What You Should Know: - Spectral AI, Inc. (Nasdaq: MDAI), a leader in AI-powered wound care diagnostics, announced key leadership changes and positive financial outlooks today. - Peter M. Carlson assumes the role of Chief Executive Officer (CEO) and joins the Board of Directors. Mr. Carlson boasts a proven track record of driving growth and financial success for multiple public companies, including experience in the wound care industry. - Wensheng Fan, after nearly four years as CEO,
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WebMD Acquires Healthwise Assets to Strengthen Patient Education Offerings

by Fred Pennic 02/29/2024 Leave a Comment

WebMD Acquires Healthwise Assets to Strengthen Patient Education Offerings

What You Should Know: - WebMD Health Corp., a provider of health information services, announced today the acquisition of certain operating assets from Healthwise, Inc., a company specializing in patient education and engagement solutions. - Healthwise's assets, including its extensive library of patient education content, technology platform, and client relationships, will be integrated into WebMD Ignite, WebMD's healthcare engagement division. Enhancing Patient Education and
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