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Fred Pennic, Editor-in Chief | HIT Consultant

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

Inbox Health Secures $20M to Modernize Patient Billing with AI

by Fred Pennic 09/15/2025 Leave a Comment

Inbox Health Secures $20M to Modernize Patient Billing with AI

What You Should Know:  - Inbox Health, a leader in patient billing and support technology, has announced that it has secured $20 million in growth equity funding and debt led by Ten Coves Capital with participation from existing investors.  - The latest round brings Inbox Health’s total funding to $55M capital. The funding will be used to accelerate the company's mission to modernize patient billing through intelligent automation.  AI-Powered Patient Billing
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Mount Sinai Launches Cardiac Catheterization AI Research Lab

by Fred Pennic 09/15/2025 Leave a Comment

Mount Sinai Launches Cardiac Catheterization AI Research Lab

What You Should Know:  - Mount Sinai Fuster Heart Hospital has announced the launch of The Samuel Fineman Cardiac Catheterization Artificial Intelligence (AI) Research Lab. The new AI lab will use the hospital's renowned Cardiac Catheterization Lab to advance interventional cardiology and enhance patient care and outcomes. - Dr. Annapoorna Kini will serve as the Director of the new AI lab. She also directs The Mount Sinai Hospital’s Cardiac Catheterization Lab, which is
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Little Otter Health Secures Growth Funding to Expand Pediatric Mental Health Services

by Fred Pennic 09/15/2025 Leave a Comment

Little Otter’s Strategic Funding Round (Medicaid, AI Innovation + Brand Refresh)

What You Should Know:  - Little Otter Health, a pioneering digital mental health company announced it has secured significant growth funding from Decathlon Capital Partners. - The capital infusion will be used to invest in the continued expansion of the company’s mental health services for children and support the rollout of new electronic medical records (EMR) software. Proven Outcomes Drive Strong Growth Little Otter Health, which offers holistic, evidence-backed care for
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LabConnect, OmniScience to Deliver Agentic AI Solution for Real-Time Clinical Trial Lab Insights

by Fred Pennic 09/15/2025 Leave a Comment

LabConnect/OmniScience Launch First Agentic AI Platform for Clinical Trial Labs

What You Should Know:  - LabConnect, a global provider of central laboratory services, has announced a strategic collaboration with OmniScience, the AI company behind the Vivo platform.  - Together, the companies will deliver an AI Agentic solution to give sponsors intelligent, real-time insights from clinical trial lab data. Transforming Lab Data into Real-Time Action Clinical trial lab data is often complex, siloed, and delayed, which can lead to slow decision-making
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KLAS Report: Ensemble and Guidehouse Lead in Revenue Cycle Outsourcing

by Fred Pennic 09/12/2025 Leave a Comment

KLAS Report: Ensemble and Guidehouse Lead in Revenue Cycle Outsourcing

What You Should Know:  - A new KLAS report, "End-to-End Revenue Cycle Outsourcing 2025," examines client satisfaction with firms that handle all or key components of patient access, HIM, and business office departments for hospital-based organizations.  - The report helps organizations identify the right firm for their needs by focusing on key revenue cycle outcomes, client satisfaction, and the impact of AI in the space. The research found that many healthcare organizations are
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M&A: TailorCare Acquires Stabl to Enhance Musculoskeletal Care with AI

by Fred Pennic 09/12/2025 Leave a Comment

M&A: TailorCare Acquires Stabl to Enhance Musculoskeletal Care with AI

What You Should Know:  - TailorCare, a leader in personalized musculoskeletal (MSK) care announced acquisition of Stabl's advanced computer vision-enabled patient monitoring platform.  - The acquisition will allow TailorCare to offer real-time form-tracking to help patients perform exercises safely and effectively from home without the need for wearable sensors. This technology provides personalized feedback and intelligent engagement, ensuring patients are on the right path to
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GE HealthCare to Acquire icometrix to Advance Neurology with AI

by Fred Pennic 09/12/2025 Leave a Comment

GE HealthCare to Acquire icometrix to Advance Neurology with AI

What You Should Know:  - GE HealthCare has announced its agreement to acquire icometrix, a company specializing in AI-powered brain imaging analysis.  - The acquisition is a strategic move to address the growing demand for MRI in personalized treatment planning for neurological disorders such as Alzheimer’s disease. Studies predict that the number of adults living with Alzheimer’s disease will double by 2050. AI-Powered Brain Imaging  The demand for more frequent
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Caduceus LAUNCH Selects Six Digital Health Startups for Fall Accelerator

by Fred Pennic 09/12/2025 Leave a Comment

Caduceus LAUNCH Selects Six Digital Health Startups for Fall Accelerator

What You Should Know:  - Caduceus LAUNCH, a digital health accelerator program, has announced the selection of six new startups for its fall cohort.  - The chosen companies were selected from a competitive pool of over 250 applicants from across the country. The accelerator program is designed to drive transformative impact and unlock profitable growth for emerging digital health companies. The Six Selected Startups The following six digital health startups were accepted
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Profusa Deploys NVIDIA AI to Build AI-Driven Insight Portal for Continuous Biomarker Monitoring

by Fred Pennic 09/12/2025 Leave a Comment

Profusa Deploys NVIDIA AI to Build AI-Driven Insight Portal for Continuous Biomarker Monitoring

What You Should Know:  - Profusa,, a digital health company, has announced the adoption of NVIDIA technology to power a new AI-driven insight portal for continuous biochemistry monitoring.  - The portal will be used in combination with Profusa’s Lumee oxygen optical hydrogel sensors and reader system, extending the company's AI-enabled tools to remote patient monitoring settings. Profusa anticipates an early 2026 rollout of the portal in the European Economic Area (EEA). -
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M&A: OpenEvidence Acquires Amaro to Enhance AI-Powered Advertising

by Fred Pennic 09/12/2025 Leave a Comment

OpenEvidence Acquires Amaro to Enhance AI-Powered Advertising

What You Should Know:  - OpenEvidence, a medical search and AI platform for clinicians, has acquired Amaro, an AI-native advertising company backed by Google Ventures and Greycroft. Financial details of the acquisition were not disclosed.  - Amaro was founded by Kush Khosla and Sauren Khosla and was built to help companies analyze and optimize end-to-end advertising deployment using intelligent automation. This acquisition expands OpenEvidence’s platform capabilities,
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