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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sonire Therapeutics Raises $18M to Transform Pancreatic Cancer Treatment

by Fred Pennic 04/15/2026 Leave a Comment

Sonire Therapeutics Raises $18M to Transform Pancreatic Cancer Treatment

What You Should Know The Raise: Clinical-stage medical device company Sonire Therapeutics has announced an $18M Series A financing round. The round was led by Santé Ventures, with participation from Fast Track Initiative (FTI), Nomura SPARX Investment, and SBI Investment.The Technology: Sonire has developed a proprietary High-Intensity Focused Ultrasound (HIFU) therapy system for the non-invasive thermal ablation of solid tumors.The Clinical Target: The company is initially focusing on
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AliveCor Secures CE Mark for Kardia 12L AI-Powered ECG System in Europe

by Fred Pennic 04/15/2026 Leave a Comment

AliveCor Secures CE Mark for Kardia 12L AI-Powered ECG System in Europe

What You Should Know The Milestone: AliveCor, a global leader in AI-powered cardiology, has secured a CE Mark (Conformité Européenne) for its Kardia 12L electrocardiogram (ECG) system, allowing it to be distributed across the European Economic Area.The Hardware Shift: The Kardia 12L effectively replaces the traditional, bulky 10-electrode ECG cart. It utilizes a unique single-cable, five-electrode design, runs on batteries, and weighs just 0.13 kg (0.3 lbs).The AI Engine: The device is
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WellSky and Google Cloud Partner to Modernize Post-Acute Care Transitions

by Fred Pennic 04/14/2026 Leave a Comment

WellSky Launches AI Ambient Listening in Specialty Care EHR to Cut Documentation Time by 41%

What You Should Know The Expansion: WellSky is expanding its partnership with Google Cloud to embed advanced generative AI capabilities directly into its CarePort solutions.The Tech Stack: The integration utilizes Google Cloud’s Vertex AI, Gemini models, and BigQuery to overhaul the underlying data infrastructure of post-acute provider networks.The Solution: The AI integration continuously updates this provider data in real time, validating changes without requiring post-acute staff to
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Ultralight Raises $9.3M to Launch AI-Native Operating System for Healthcare

by Fred Pennic 04/13/2026 Leave a Comment

Ultralight Raises $9.3M to Launch AI-Native Operating System for Healthcare

What You Should Know: The Rebrand and Raise: Vibrant Practice has officially rebranded to Ultralight and announced a $9.3M funding round to build an AI-native operating system for modern medicine.The Backers: The round was led by The General Partnership, with participation from Wisdom Ventures, Anthemis Group, Emerson Collective, GSBackers, and notable angel investors, including former Surgeon General Vivek Murthy. The DPC Tipping Point Direct Primary Care (DPC) practices tripled among
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The AI Arms Race: Why PHTI Warns Healthcare ‘Bot Wars’ Are Inflating Medical Costs

by Fred Pennic 04/13/2026 Leave a Comment

What You Should Know:  - A newly released report from the Peterson Health Technology Institute finds that while AI is reducing administrative burden for individual organizations, it is not lowering system-wide costs—and may, in fact, be increasing them. - The reason: AI is accelerating activity across the system—more prior authorization submissions, more billing complexity, and more back-and-forth between providers and payers—without fixing the underlying structural
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symplr Appoints Former Edifecs Executive Venkat Kavarthapu as CEO

by Healthcare Executive Hires 04/13/2026 Leave a Comment

symplr Appoints Former Edifecs Executive Venkat Kavarthapu as CEO

What You Should Know The Appointment: Enterprise healthcare operations software giant symplr has appointed Venkat Kavarthapu as its new Chief Executive Officer, effective immediately.The Leadership Transition: Kavarthapu succeeds Chris Colpitts, who had been serving as interim CEO since November 2025. Colpitts will remain heavily involved, maintaining his role as Executive Chairman of the Board. Kavarthapu Background Kavarthapu is a 25-year veteran of health-tech, but he most recently
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The Push for Side-by-Side Prescription Pricing in EHR Workflows

by Lathe Bigler, SVP, Business Strategy, Buzz Health 04/13/2026 Leave a Comment

The Push for Side-by-Side Prescription Pricing in EHR Workflows

Prescribing has evolved into a financial decision as much as a clinical one. As a result, one of the most consequential access moments is now occurring inside the electronic health record (EHR) during the prescribing workflow, when cost information surfaces and treatment decisions are finalized.  As affordability pressures intensify across commercial, Medicare, and Medicaid populations, patient out-of-pocket costs have become a primary driver of whether therapy is initiated or abandoned.
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Death by a Thousand Vendors: Solera Report Reveals The Hidden Costs of Digital Health

by Fred Pennic 04/10/2026 Leave a Comment

Death by a Thousand Vendors: The Hidden Costs of Digital Health Solera Health Report

What You Should Know:  The Report: Solera Health released a research report titled "Death by a Thousand Vendors: The Hidden Costs of Digital Health". The survey included 106 senior benefits leaders at organizations with 1,000 or more employees.The Financial Drain: 90% of organizations spend more than $1 million annually on digital health. The estimated median annual cost of simply managing these vendors—including full-time employees and consultants—is approximately $580,000 on top of the
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Qventus Report: 94% of Healthcare CIOs Say AI Delays Create Competitive Disadvantage

by Fred Pennic 04/10/2026 Leave a Comment

Qventus Report: 94% of Healthcare CIOs Say AI Delays Create Competitive Disadvantage

What You Should Know:  Qventus released a new industry report surveying 60+ CIOs, Chief AI Officers, CMIOs, and other senior IT leadership from national health systems, including HonorHealth, University of Arkansas for Medical Sciences, and Rochester Regional Health to uncover how they are spending, evaluating, and regulating AI.The report, Beyond the Pilot: How CIOs Are Operationalizing AI Across Health Systems in 2026, confirms that the AI market is at a pressure point. As EHR giants
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Amazon Pharmacy Partners with Eli Lilly to Offer Foundayo GLP-1 with Same-Day Delivery

by Fred Pennic 04/09/2026 Leave a Comment

Amazon Pharmacy Partners with Eli Lilly to Offer Foundayo GLP-1 with Same-Day Delivery

What You Should Know The Drug: Amazon Pharmacy is now dispensing Foundayo™, Eli Lilly's recently approved, once-daily oral GLP-1 medication indicated for adults with obesity or overweight with weight-related medical problems.The Pricing: Amazon is utilizing radical price transparency and automatic couponing. With insurance, the drug costs $25 per month ($1 per day). For cash-pay customers, it is aggressively priced at $149 per month ($5 per day). How Amazon Pharmacy's Same-Day GLP-1
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