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Fred Pennic, Editor-in Chief | HIT Consultant

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

HCA Healthcare Collaborates with Google Cloud to Bring Generative AI to Hospitals

by Fred Pennic 08/29/2023 Leave a Comment

Google Cloud

What You Should Know: - HCA Healthcare and Google Cloud today announced a new collaboration designed to use generative AI technology to improve workflows on time-consuming tasks such as clinical documentation, so physicians and nurses can focus more on patient care. - This expanded work with Google Cloud is part of a strategic partnership announced in 2021 that includes safeguards to protect patient privacy and the security of data. Optimizing Clinical Documentation As part of a
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4 Ways AP Throttles Business Growth at Medical Facilities

by Eyal Feldman is Founder & CEO of Stampli 08/29/2023 Leave a Comment

4 Ways AP Throttles Business Growth at Medical Facilities

Is Accounts Payable the weakest link in your medical facility's growth strategy? At first glance, the answer to that question may seem to be a resounding "no." The standard playbook for success in the medical facility industry focuses on factors like identifying and delivering in-demand services, establishing a strong brand and building relationships with local hospitals and physicians to create a referral network. If you get these things right, you might assume that AP – a relatively
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Samsung Unveils New Healthcare Displays to Improve Patient Experience

by Fred Pennic 08/28/2023 Leave a Comment

Samsung Unveils New Healthcare Displays to Improve Patient Experience

What You Should Know:  Samsung Electronics Co., Ltd. announced the release of two new display models for the healthcare industry, engineered to enhance the patient experience. The HCU7030, available for hospital or healthcare environments, and the HCF8000, designed for both healthcare and hotel settings, bring an integrated pillow speaker interface, superior visuals with 4K resolution and peak HDR (High Dynamic Range) performance for a more comfortable and enjoyable user
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ONC Awards The Sequoia Project 5-Year TEFCA RCE Contract

by Fred Pennic 08/28/2023 Leave a Comment

ONC Awards The Sequoia Project to Serve As Recognized Coordinating Entity to Support Interoperability

What You Should Know:  - The Sequoia Project, an advocate for health information exchange and health IT interoperability, was chosen by the Office of the National Coordinator for Health Information Technology (ONC) to continue as the Recognized Coordinating Entity (RCE) to support the implementation of the Trusted Exchange Framework and Common Agreement (TEFCA).  - The non-profit was awarded a five-year contract to continue the public-private engagement in support of a nationwide
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Keona Health Raises $7M for Healthcare CRM Integration

by Fred Pennic 08/25/2023 Leave a Comment

Keona Health Raises $7M for Healthcare CRM Integration

What You Should Know: Keona Health, a digital health company providing a healthcare CRM to simplify the complexities of patient access raises $7M led by Riverside Acceleration Capital (RAC), the growth capital arm of The Riverside Company. The investment is an inflection point for Keona’s transformative CareDesk platform, a healthcare CRM specifically designed to simplify patient access, from scheduling to telephone triage. Healthcare CRM: Harmonize Your Patient Access Keona built
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GE Healthcare Launches Digital Tool for AFib

by Fred Pennic 08/25/2023 Leave a Comment

GE Healthcare Launches Digital Tool for AFib

What You Should Know: - GE HealthCare launches CardioVisio for Atrial Fibrillation (AFib), a digital tool designed to assist clinicians in visualizing longitudinal data relevant for disease progression from multiple data sources, and driving evidence based clinical decision support directed by up-to-date AFib guidelines. - CardioVisio for Atrial Fibrillation is now commercially available in the U.S. GE Healthcare plans to expand availability in the coming months incorporating
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It’s Time to Treat Substance Use Disorder Like the Chronic Disease It Is

by Hans Morefield, CEO, CHESS Health 08/25/2023 Leave a Comment

It's Time to Treat Substance Use Disorder Like the Chronic Disease It Is

Far too often, substance use disorder (SUD) is viewed as an “acute condition,” one that can be “cured” with short-term treatment, such as a week-long stay in a detox facility. This could not be further from the truth. The failure to understand the science behind addiction leads individuals who are undertreated or inappropriately treated to return to use again and again. SUD is not a moral failing. It is not a behavioral issue. It is not a choice. The leading health organizations around the
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Gympass Secures $85M for Corporate Wellness Platform at $2.4B Valuation

by Fred Pennic 08/23/2023 Leave a Comment

Gympass Secures $85M for Corporate Wellness Platform at $2.4B Valuation

What You Should Know: - Gympass, a New York City-based corporate wellness platform raises $85M in a Series F funding round led by EQT Growth, with participation from Neuberger Berman at a valuation of $2.4B. - In addition to the Series F funding led by EQT Growth, General Atlantic and Moore Strategic Ventures are also doubling down on their investments in Gympass by purchasing existing shares from earlier investors and current and former employees. Largest Global Wellness Network
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Epic, Microsoft, Nuance Expands Partnership to Accelerate Generative AI

by Fred Pennic 08/22/2023 Leave a Comment

Microsoft Enables Epic Clients to Use Microsoft Azure Large Instances to Manage Large EHR Database Loads

What You Should Know: Today, Epic, Microsoft, and Nuance announced an expansion of their strategic initiative to bring generative AI to healthcare at scale, integrating conversational, ambient, and generative AI technologies across the Epic EHR ecosystem.This initiative will expand secure access to AI-powered clinical insights and administrative tools within a wide range of Epic modules to enhance patient care, increase operational efficiency, improve healthcare experiences, and support the
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Cressey & Company Acquires HealthDrive – Health M&A

by Fred Pennic 08/22/2023 Leave a Comment

Cressey & Company Acquires HealthDrive – Health M&A

What You Should Know: Private equity investment firm Cressey & Company LP ("Cressey") acquires HealthDrive, a leading multi-specialty clinical services organization to patients residing in long-term care facilities, from Bain Capital Double Impact.The investment will enable continued expansion of access to HealthDrive's high-quality healthcare offering for long-term care residents. HealthDrive Background Based in Framingham, Massachusetts, HealthDrive offers a comprehensive set
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