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Fred Pennic, Editor-in Chief | HIT Consultant

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

Amalgam Rx Secures $20M to Accelerate AI-Powered Healthcare Solutions

by Fred Pennic 08/12/2025 Leave a Comment

Amalgam Rx Secures $20M to Accelerate AI-Powered Healthcare Solutions

What You Should Know:  - Amalgam Rx, a company specializing in data-driven healthcare decision-making, has announced a $20M credit investment from Catalio Capital Management.  - The $20M senior secured term loan provides Amalgam with an initial draw of $12M to support its market expansion and refinance existing corporate debt. The credit investment also gives Amalgam access to Catalio’s extensive network of life sciences leaders, including its board of advisors and over 45
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Physicians are Working More Than Ever, But Reimbursement Isn’t Keeping Up, Report Finds

by Fred Pennic 08/11/2025 Leave a Comment

Doctors Are Working More Than Ever, But Reimbursement Isn't Keeping Up, Report Finds

What You Should Know:  - Physicians and advanced practice providers (APPs) are working at record levels, , according to the quarterly Physician Flash Report from Kaufman Hall, a Vizient company. - Despite the overall positive financial trend for hospitals in June, the report also found an increase in hospital bad debt and charity care, which may be linked to a shift in public insurance enrollment. The report, which draws on data from over 1,300 hospitals, found that revenue on a
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SetPoint Medical Raises $140M to Support Commercialization of Rheumatoid Arthritis Therapy

by Fred Pennic 08/11/2025 Leave a Comment

SetPoint Medical Raises $140M to Support Commercialization of Rheumatoid Arthritis Therapy

What You Should Know:  - SetPoint Medical, a company focused on developing innovative therapies for chronic autoimmune diseases secures $140M in private financing. This includes the final $25M tranche of its Series C funding and a substantial $115M Series D round co-led by Elevage Medical Technologies and Ally Bridge Group.  - The funding will fuel the commercialization of the SetPoint System, a groundbreaking neuroimmune modulation therapy for adults with moderate-to-severe
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Garden Launches BLOOM to Make AI Drug Design IP-Aware in Real Time

by Fred Pennic 08/11/2025 Leave a Comment

Garden Launches BLOOM to Make AI Drug Design IP-Aware in Real Time

What You Should Know:  - Garden has announced the launch of BLOOM (Branching Lookup Optimized for Organic Molecules), a Markush structure search engine designed to give AI drug-design teams near-instant verification of small-molecule intellectual property (IP) landscapes.  - As AI models accelerate the pace of molecule generation, the critical bottleneck has shifted from discovery to due diligence—ensuring that a new candidate isn't already patented. BLOOM eliminates this bottleneck,
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xCures Launches Operational IAS Solution with Epic, CLEAR, and Kno2

by Fred Pennic 08/08/2025 Leave a Comment

xCures Launches Operational IAS Solution with Epic, CLEAR, and Kno2

What You Should Know:  - xCures, a leader in AI-powered healthcare data solutions announced the launch of its Individual Access Services (IAS) within the Trusted Exchange Framework and Common Agreement (TEFCA).  - The milestone is a major step toward creating a seamless, nationwide system for patient data access, allowing for more complete and accurate medical records. Comprehensive Solution for Secure Data Exchange xCures' new solution integrates several key technologies to
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NASA and Google Develop AI Doctor for Deep Space Missions

by Fred Pennic 08/07/2025 Leave a Comment

NASA and Google Develop AI Doctor for Deep Space Missions

What You Should Know:  - NASA is collaborating with Google to develop an innovative proof-of-concept: an AI-powered automated Clinical Decision Support System (CDSS) called the "Crew Medical Officer Digital Assistant" (CMO-DA).  - The  multi-modal interface leverages artificial intelligence to potentially support human exploration of the Moon, Mars, and beyond. The Crew Medical Officer Digital Assistant: An AI Astronaut's Companion The primary goal of CMO-DA is to equip
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Doximity Acquires Pathway Medical for $26M to Supercharge Clinical Reference with AI

by Fred Pennic 08/07/2025 Leave a Comment

Doximity Acquires Pathway Medical for $26M to Supercharge Clinical Reference with AI

What You Should Know:  - Doximity, a digital platform for U.S. medical professionals, has acquired Pathway Medical Inc., a Montreal-based startup specializing in medical AI and evidence-based clinical reference.  - The acquisition, valued at $26M in cash with up to an additional $37M in equity grants, closed on July 29, 2025. The strategic move is set to significantly enhance Doximity’s clinical reference capabilities by integrating Pathway’s advanced AI platform and extensive medical
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Trella Health Acquires Repisodic to Optimize Hospital Discharge and Post-Acute Care

by Fred Pennic 08/07/2025 Leave a Comment

What You Should Know: - Trella Health, a provider of market intelligence and customer relationship management (CRM) for the post-acute care sector, has announced the acquisition of Repisodic, a hospital discharge automation platform. - The combined platform aims to address the critical gaps in the patient journey from hospital to post-acute care, which often lead to inefficiencies, readmissions, and rising costs. Addressing the Disconnect in Patient Transitions The transition from a hospital to post-acute care is a critical and often challenging phase in a patient’s recovery. According to Scott Tapp, CEO of Trella Health, "Too many patients fall through the cracks during the most critical transition in their recovery." This is supported by Trella Health's own 2025 Post-Acute Care Industry Trend Report, which found that patients who adhered to home health discharge instructions had a 30-day readmission rate of 12.7%, a notable 2.4 percentage point lower than those who did not. The integration of Repisodic’s platform with Trella Health’s solutions is designed to bridge this gap. Tyler Rardin, General Manager at Trella Health, highlights the inefficiency of traditional discharge processes, which often rely on "paper lists, faxes, and verbal handoffs." The new combined solution extends Trella's data infrastructure further upstream, aligning insights and workflows from discharge through post-acute recovery to deliver better outcomes. Driving Tangible Results for Health Systems Founded in 2017, Repisodic has already demonstrated its value in improving the hospital discharge process. Its EHR-integrated automation platform helps health systems streamline care transitions and accelerate discharges. For example, Yale New Haven Health has seen a full-day reduction in inpatient length of stay for SNF discharges, resulting in millions of dollars in financial benefits and tens of thousands of patient days saved annually. This success is a testament to the power of a data-driven, automated approach to discharge planning. The merger will provide new value for Trella Health's post-acute customers by enabling more robust communication with hospital case managers and patients. This includes real-time visibility into referrals, patient acuity, and provider capabilities, which helps improve alignment with post-acute capacity, payer contracts, and authorizations. Impact for Trella Health With Repisodic, Trella Health now serves over 50 health systems and more than 1,000 post-acute organizations nationwide, connecting with over 30 acute and post-acute EHR systems. This merger not only enhances care coordination but also advances Trella Health’s broader strategy to build a massive healthcare data lake, which will power AI-driven insights to streamline workflows and advance value-based outcomes.

What You Should Know:  - Trella Health, a provider of market intelligence and customer relationship management (CRM) for the post-acute care sector, has announced the acquisition of Repisodic, a hospital discharge automation platform. - The combined platform aims to address the critical gaps in the patient journey from hospital to post-acute care, which often lead to inefficiencies, readmissions, and rising costs. Addressing the Disconnect in Patient Transitions The transition
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Pager Health Launches AI Agent to Simplify Behavioral Health Navigation

by Fred Pennic 08/07/2025 Leave a Comment

Pager Health Launches AI Agent to Simplify Behavioral Health Navigation

What You Should Know:  - Pager Health has launched its AI-powered Behavioral Health Agent, a new AI navigation solution designed to change how health plan members find and access behavioral health (BH) support.  - The platform serves over 26 million members across the U.S. and Latin America. Intelligent, Needs-Based Navigation Health plans often have strong behavioral health offerings, but these resources are typically disconnected, leaving members to navigate a complex
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New Vivalink Survey Finds Nearly 90% of Americans Open to Remote Clinical Trials

by Fred Pennic 08/07/2025 Leave a Comment

New Vivalink Survey Finds Nearly 90% of Americans Open to Remote Clinical Trials

What You Should Know:  - A new survey shows that remote clinical trials are not just a convenient option but a key factor in whether people choose to participate in research at all.  - The survey, conducted by digital healthcare solutions provider Vivalink, found that nearly 90% of Americans are open to participating in fully remote trials, signaling a major shift in patient expectations. A Clear Preference for Virtual Trials The survey, which polled over 200 U.S. adults,
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