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Fred Pennic, Editor-in Chief | HIT Consultant

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

MAUI Imaging Secures $14M, Unveils Patented CET Ultrasound for Unseen Anatomy

by Fred Pennic 07/30/2025 Leave a Comment

MAUI Imaging Secures $14M, Unveils Patented CET Ultrasound for Unseen Anatomy

What You Should Know:  - MAUI Imaging, inventor of patented Computed Echo Tomography (CET) technology that visualizes anatomy other ultrasound technologies cannot secures $14M in a Series D round led by Acertara Acoustic Laboratories and is allocated to support the production, sales, and marketing of the company’s innovative imaging technology. - MAUI Imaging emerged from stealth in August 2024 with the announcement of a $4M U.S. Department of Defense (US Army Medical Research and
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Ambience Healthcare Raises $243M to Expand Clinical Ambient AI Platform

by Fred Pennic 07/29/2025 Leave a Comment

Ambience Healthcare Launches Automated AI Medical Scribe Platform

What You Should Know:  - Ambience Healthcare, an ambient AI platform for documentation, coding, and clinical documentation integrity (CDI), today announced a $243M Series C funding round.  - Co-led by Oak HC/FT and Andreessen Horowitz (a16z), the round saw participation from existing investors including the OpenAI Startup Fund, Kleiner Perkins, and Optum Ventures.  - New investors include Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, and Founders
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Arbital Health Secures $31M to Accelerate Value-Based Care Contracting

by Fred Pennic 07/29/2025 Leave a Comment

Arbital Health Secures $31M to Accelerate Value-Based Care Contracting

What You Should Know:  - Arbital Health, a healthcare technology company providing critical infrastructure for providers and payers to successfully manage risk-based contracts secures $31M in Series B funding round led by Valtruis, with participation from existing investors Transformation Capital, Shaper Capital, and Healthy Ventures.  - The investment will expand Arbital Health’s payer and provider facing capabilities, accelerate value-based care contract performance monitoring,
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JotPsych Raises $5M to Build First Fully Agentic EHR for Behavioral Health

by Fred Pennic 07/29/2025 Leave a Comment

JotPsych Raises $5M to Build First Fully Agentic EHR for Behavioral Health

What You Should Know:  - JotPsych, creator of the leading AI-powered scribe for behavioral health, today announced it has raised $5M in seed funding led by Base10 Partners.  - The investment positions JotPsych to rapidly transform from a best-in-class AI scribe into the first fully agentic Electronic Health Record (EHR), aiming to fundamentally eliminate administrative tasks for behavioral health clinicians. From AI Scribe to Agentic EHR: Accelerating Transformation Founded
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Innovaccer Launches Comet™: AI-Powered Access Center Transforms Healthcare’s Digital Front Door

by Fred Pennic 07/29/2025 Leave a Comment

Innovaccer Launches Comet™: AI-Powered Access Center Transforms Healthcare's Digital Front Door

What You Should Know:  - Innovaccer Inc., a healthcare AI company, today announced the launch of Comet™, an AI-powered Access Center solution that transforms the traditional call center into an intelligent, always-on digital front door for care.  - Built to address long-standing operational inefficiencies in patient access, Comet™ integrates 24/7 omnichannel AI agents, intelligent bidirectional EMR connectivity, and real-time AI copilots to streamline scheduling, reduce hold
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Digital Health Faces Q2’25 Pullback: Funding Falls to 5-Year Low

by Fred Pennic 07/28/2025 Leave a Comment

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low

What You Should Know:  - After a strong start to the year, the digital health sector experienced a significant pullback in Q2 2025, with deal volume declining to its lowest quarterly activity level in the last five years, according to new report from CB Insights.  - The new CB Insights report, “State of Digital Health Q2’25” reveals the drop reflects growing investor selectivity and capital concentration in fewer, high-conviction bets amidst ongoing global economic uncertainty.
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Mayo Clinic Deploys NVIDIA Infrastructure to Drive GenAI Solutions in Medicine

by Fred Pennic 07/28/2025 Leave a Comment

Mayo Clinic Deploys NVIDIA Infrastructure to Drive GenAI Solutions in Medicine

What You Should Know:  - Mayo Clinic announced a pivotal step toward integrating AI solutions in the clinical setting with the deployment of NVIDIA DGX SuperPOD with NVIDIA DGX B200 systems.  - The advanced infrastructure provides state-of-the-art AI compute capabilities, poised to rapidly innovate and develop foundation models in support of Mayo Clinic’s platform approach to healthcare. Foundation Model Development The advanced computing infrastructure will initially
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GE HealthCare and Ascension Partner to Enhance Clinical and Operational Outcomes Across National Network

by Fred Pennic 07/28/2025 Leave a Comment

GE HealthCare and Ascension Partner to Enhance Clinical and Operational Outcomes Across National Network

What You Should Know:  - GE HealthCare and Ascension forms a strategic collaboration designed to enhance clinical and operational outcomes across Ascension’s national network.  - The strategic partnership, focused on patient access and experience, supports Ascension’s Mission to serve all, with special attention to those who are poor and vulnerable, aiming to deliver high-quality, respectful care using advanced technology and integrated solutions, with a shared focus on patient
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Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

by Fred Pennic 07/25/2025 Leave a Comment

Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

What You Should Know:  - Waystar, a provider of healthcare payment software announced a definitive agreement to acquire 100% of Iodine Software (“Iodine”) for $1.25B.  - The proposed acquisition is expected to significantly accelerate Waystar’s ability to transform healthcare payments through its leading cloud-based software platform, empowering more than one million providers with advanced AI capabilities to prevent denials, reduce manual work, and improve financial
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ChristianaCare Partners with NeuroFlow to Enhance Maternal Mental Healthcare

by Fred Pennic 07/25/2025 Leave a Comment

AI Shows High Accuracy in Suicide Risk Assessment: NeuroFlow Study

What You Should Know:  - ChristianaCare has partnered with NeuroFlow, a behavioral health technology and analytics company, to support maternal mental health care in Delaware and surrounding communities for ChristianaCare patients.  - The strategic collaboration will leverage technology-driven patient support and education to develop a more comprehensive approach to understanding and addressing the mental health needs of mothers. ChristianaCare Committement to Mental
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