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Fred Pennic, Editor-in Chief | HIT Consultant

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

Ensemble Health Partners Joins Epic’s Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

by Fred Pennic 01/31/2024 Leave a Comment

Ensemble Health Partners Joins Epic's Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

What You Should Know: - Ensemble Health Partners (Ensemble), an innovator in revenue cycle management, announced its official partnership with Epic, a renowned electronic health records system (EHR) provider, in Epic's newly launched Rev Cycle Partners program. - This collaboration between Ensemble and Epic marks a significant advancement in revenue cycle optimization for healthcare organizations. By combining Ensemble's expertise with Epic's cutting-edge technology and shared commitment
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PathAI Expands PathExplore Reach to 14 Cancer Types, Fueling Precision Oncology

by Fred Pennic 01/31/2024 Leave a Comment

PathAI Expands PathExplore Reach to 14 Cancer Types, Fueling Precision Oncology

What You Should Know: - PathAI, a pioneer in AI-powered pathology, announced a significant expansion of its PathExplore platform, adding six new oncology indications to its arsenal. - The expansion doubles the platform's reach, now covering 14 different cancer types, and further solidifies PathExplore as the leading tool for characterizing the tumor microenvironment (TME) from H&E-stained whole-slide images (WSIs). Bridging the Gap in Cancer Research Despite advances in cancer
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Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

by Fred Pennic 01/30/2024 Leave a Comment

Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

What You Should Know: - Walmart is upping the ante with its new Optical Virtual Try-On (VTO) feature, allowing you to virtually "try on" hundreds of frames and purchase prescription glasses online. - Walmart's Optical Virtual Try-On and online prescription purchases offer a convenient, personalized, and exciting way to shop for eyewear. Beyond the Basics: A Supercharged VTO Experience While virtual try-on is gaining traction, Walmart's offering takes it a notch higher. They utilize
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RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

by Executive Digital Health Hires 01/30/2024 Leave a Comment

RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

What You Should Know: - RxBenefits, a leading pharmacy benefits optimizer (PBO), has announced the appointment of Mark Campbell, PharmD, as its first Chief Pharmacy Officer. - The newly created position underscores the company's commitment to using clinical expertise and technology to improve health outcomes and optimize costs for employers and employees. Campbell Bio/Background Campbell, a seasoned pharmacy leader with 27 years of experience, has been instrumental in the success of
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Hospitals See Financial Improvement in 2023, but Challenges Remain

by Fred Pennic 01/30/2024 Leave a Comment

Hospitals See Financial Improvement in 2023, but Challenges Remain

What You Should Know: - After enduring the worst year in recent memory, 2023 offered hope for hospitals and health systems, with data from Kaufman Hall showcasing general improvement across operational and financial measures. - The January issue of the National Hospital Flash Report reveals that while the road to full recovery is still under construction, the latest trends suggest a cautiously optimistic outlook. Financial Rebound, But Pre-Pandemic Levels Still
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It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

by Loral Patchen, Sr. Faculty Midwife Attending, MedStar Washington Hospital Center and Anish Sebastian, CEO of Babyscripts 01/30/2024 Leave a Comment

It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

Our mothers are dying. In 2021, the United States saw 32.9 maternal deaths per 100,000 live births. When stratified by race, those rates were two to three times higher for Black women. While the popular press has succeeded in sounding the alarm, resulting in more public and policy dialogue around the issue than in preceding decades, the issue persists. Maternal mortality rates have consistently worsened year over year, yet maternal deaths attributed to hospitalizations related to birth declined
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

by Fred Pennic 01/29/2024 Leave a Comment

State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

What You Should Know: The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights. - The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities. Funding Plummets, Deals Dry Up Global
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53% of Psychologists Are Concerned About The Use of AI

by Fred Pennic 01/29/2024 Leave a Comment

53% of Psychologists Are Concerned About The Use of AI

What You Should Know: - As artificial intelligence (AI) creeps into every corner of life, psychology faces a critical juncture, according to a new study by PsychologyJobs.com reveals a complex and often conflicted landscape among psychologists regarding AI's potential and perils in their practice. - The study surveyed 100 psychologists across 12 different fields, and the findings paint a fascinating picture. While a quarter (25%) of psychologists surveyed are already using AI tools, and
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

by Fred Pennic 01/29/2024 Leave a Comment

ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm. - This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians. Transforming Clinical Trials, One Patient at a Time: ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care

by Fred Pennic 01/29/2024 Leave a Comment

Swift Medical Secures $8M to Power AI-Driven Wound Care

What You Should Know: - Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group. - The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence. The Future of Wound Care Swift Medical boasts a proven track record, serving as the
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