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Fred Pennic, Editor-in Chief | HIT Consultant

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

RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

by Fred Pennic 12/01/2023 Leave a Comment

RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

What You Should Know: - Using artificial intelligence (AI) to analyze specialized brain MRI scans of adolescents with and without attention-deficit/hyperactivity disorder (ADHD), researchers found significant differences in nine brain white matter tracts in individuals with ADHD. The results of the study will be presented today at the annual meeting of the Radiological Society of North America (RSNA). ADHD: A Common and Challenging Disorder ADHD is a common neurodevelopmental disorder
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HFMA and FinThrive Launch Revenue Cycle Management Technology Adoption Model

by Fred Pennic 12/01/2023 Leave a Comment

What You Should Know: - The Healthcare Financial Management Association (HFMA) has announced a strategic alliance with FinThrive, Inc., a healthcare revenue cycle management (RCM) software-as-a-service (SaaS) provider, to co-launch a peer-reviewed, five-stage Revenue Cycle Management Technology Adoption Model (RCMTAM). - The RCMTAM is designed to help health systems leverage industry benchmarks to assess their current state of RCM technology maturity and build best-practice plans to
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Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

by Fred Pennic 12/01/2023 Leave a Comment

Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

What You Should Know: - Clover Health, a physician enablement company committed to bringing access to great healthcare to everyone on Medicare announced that it has delivered notice to the Centers for Medicare and Medicaid Services (“CMS”) that it will exit the CMS ACO REACH Program at the end of the 2023 performance year. - Written notification will also be sent to all participating physicians in accordance with CMS requirements. - The decision will have no impact on its ACO REACH
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Lunit, NTT DATA Partner to Deploy AI-Powered Chest X-Ray Solution in Singapore

by Fred Pennic 12/01/2023 Leave a Comment

Lunit and NTT DATA Partner to Deploy AI-Powered Chest X-ray Solution in Singapore

What You Should Know: - Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, has partnered with NTT DATA Singapore to introduce Lunit INSIGHT CXR at Singapore General Hospital (SGH) and Changi General Hospital (CGH), two of Singapore's largest public hospitals. - Lunit INSIGHT CXR is an AI-powered solution that helps radiologists detect abnormalities in chest X-ray images. The deployment of Lunit INSIGHT CXR at SGH and CGH is expected to improve the efficiency
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Vivodyne Secures $38M for AI-Powered Drug Discovery Platform

by Fred Pennic 11/30/2023 Leave a Comment

Vivodyne Secures $38M for AI-Powered Drug Discovery Platform

What You Should Know: - Vivodyne, a biotech company that accelerates drug discovery by testing therapies on lab-grown human organs raises $38M in total seed financing, led by Khosla Ventures, with participation from Kairos Ventures, CS Ventures, MBX Capital, and Bison Ventures. - The funding will support Vivodyne's development of a clinically predictive AI stack and discovery pipeline, which utilizes lab-grown human organ tissues to identify novel therapeutic targets and predict patient
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RSNA23: Nuance Pioneers Generative AI in Radiology with PowerScribe Advanced Auto Impression

by RSNA23 Announcements 11/30/2023 Leave a Comment

Nuance Pioneers Generative AI in Radiology with PowerScribe Advanced Auto Impression

What You Should Know: - Nuance Communications, Inc., a Microsoft Company, announced significant advancements in its efforts to empower radiologists with the latest generative AI capabilities. - At RSNA23, the company unveiled PowerScribe Smart Impression, a revolutionary AI-powered solution that streamlines workflows, accelerates reporting, and enhances efficiency for radiologists amidst growing staffing shortages and clinician burnout. PowerScribe Smart Impression: Enhancing Reporting
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Cigna and Humana Merger Talks Could Face Antitrust Scrutiny

by Fred Pennic 11/29/2023 Leave a Comment

Cigna to Acquire Express Scripts for $67B: 5 Things to Know

What You Should Know: - Cigna and Humana are in talks to merge in a deal that would create a US health insurance giant worth $140B and provide a significant test for antitrust authorities. - A combination between Cigna and Humana would help the companies compete with larger rivals such as UnitedHealth Group and Elevance Health, formerly known as Anthem. The two companies have hired advisers who have been discussing a cash and stock deal for more than a month. They hope to get the
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St. Luke’s Health System and TytoCare Partner to Bring Virtual Care to Idaho

by Fred Pennic 11/29/2023 Leave a Comment

St. Luke's Health System and TytoCare Partner to Bring Virtual Care to Idaho

What You Should Know: - TytoCare, a virtual care company partners with St. Luke’s Health System, the largest healthcare provider and employer in Idaho. - This strategic partnership will give St. Luke’s employees and members of St. Luke’s Health Plan access to high-quality, convenient virtual care from the comfort of their homes. Benefits for St. Luke’s Employees and Members As part of this commitment to enhancing access to care, St. Luke’s Health Plan will offer TytoHome kits to its
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RSNA23: NVIDIA Launches Cloud Service for Medical Imaging AI

by RSNA Annnouncements 11/29/2023 Leave a Comment

NVIDIA Launches Cloud Service for Medical Imaging AI

What You Should Know: - NVIDIA announced the launch of a cloud service for medical imaging AI, designed to streamline and accelerate the development of specialized AI models. - The NVIDIA MONAI cloud APIs, built on the open-source MONAI project, provide developers and platform providers with a streamlined path to integrate AI into their medical imaging offerings. Transforming Medical Imaging with AI Medical imaging is a critical component of healthcare, accounting for approximately
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RSNA2023: Aidoc Invests $30M to Develop Clinical AI Foundation Model

by RSNA23 Announcements 11/29/2023 Leave a Comment

UHealth and Aidoc Partner on AI-Driven Care Diagnostic Imaging

What You Should Know: - Aidoc, the leading provider of clinical AI solutions, announced a significant investment of $30M to create a groundbreaking comprehensive clinical AI foundation model. - This cutting-edge technology is poised to revolutionize the way medical imaging is used to diagnose and treat patients worldwide. Unleashing the Power of Clinical AI A recent study revealed that hospitals currently utilize only 3% of their available medical imaging data, leaving a wealth of
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