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Fred Pennic, Editor-in Chief | HIT Consultant

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

Collectly Acquires AI Automation Startup Pledge Health to Streamline Pre-Service Workflows

by Fred Pennic 03/26/2026 Leave a Comment

Collectly Acquires AI Automation Startup Pledge Health to Streamline Pre-Service Workflows

What You Should Know The Acquisition: Collectly, a dominant AI-powered patient financial experience platform that has processed over $1 billion in payments across 3,000+ facilities, has acquired Y Combinator-backed Pledge Health.The Missing Piece: Collectly has historically owned the post-visit patient billing and engagement experience. Pledge Health brings powerful, upstream pre-service automation (coverage verification, upfront cost estimates, prior auth readiness).The Tech Upgrade: Pledge
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Mayo Clinic Study Uses Wearables and Machine Learning to Predict COPD Rehab Participation

by Fred Pennic 03/26/2026 Leave a Comment

Mayo Clinic Study: Genetic Test Can Predict GLP-1 Nausea Side Effects

What You Should Know The Research: A new study published in Mayo Clinic Proceedings: Digital Health by researchers at the Kern Center for the Science of Health Care Delivery reveals that wearable data may help predict patient engagement in remote COPD rehabilitationThe Core Problem: Patients with Chronic Obstructive Pulmonary Disease (COPD) frequently drop out of remote, 12-week pulmonary rehabilitation programs. Because COPD severely impacts sleep, patients often lack the energy to complete
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Advocate Health Partners with Zipline to Launch Hospital-Based Drone Delivery in 2027

by Fred Pennic 03/26/2026 Leave a Comment

Advocate Health Partners with Zipline to Launch Hospital-Based Drone Delivery in 2027

What You Should Know The Partnership: Advocate Health, the third-largest nonprofit integrated health system in the U.S., has partnered with medical drone logistics startup Zipline to launch the nation's largest hospital-based drone delivery network.The Scale & Timeline: At full scope, the health system expects to complete over 100,000 deliveries annually. The first flights will deploy in 2027 in the Charlotte, NC market, before expanding to Chicago, IL, Milwaukee, WI, and eventually rural
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Jona and Everlywell Partner to Launch AI-Powered Gut Microbiome Test

by Fred Pennic 03/26/2026 Leave a Comment

Jona and Everlywell Partner to Launch AI-Powered Gut Microbiome Test

What You Should Know The Partnership: Jona, an AI-powered gut microbiome startup, has partnered with Everlywell, the dominant U.S. at-home lab testing company, to distribute its advanced diagnostics on a national scale.The Technology: Unlike basic stool tests that just look for "good" and "bad" bacteria, the Jona test utilizes deep shotgun metagenomic sequencing. This maps every organism (bacteria, fungi, viruses, and parasites) down to the specific strain level.The AI Engine: Jona's
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Adonis Secures $40M for AI‑Driven Revenue Cycle Operations Platform

by Fred Pennic 03/25/2026 Leave a Comment

Adonis Secures $40M Series C Funding Led by Quadrille Capital to Scale AI-Powered RCM Platform

What You Should Know The Funding: New York-based Adonis, an AI orchestration platform for Revenue Cycle Management (RCM), has raised $40M in Series C funding. The round was led by Quadrille Capital, bringing the company's total funding to over $95M since its founding in 2022.The Financial Velocity: Adonis is scaling rapidly. The company reported achieving more than 4x revenue growth in 2025 and an impressive net retention rate above 130%.The Market Crisis: The healthcare reimbursement
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Qualified Health Secures $125M to Expand Enterprise AI Platform for Health Systems

by Fred Pennic 03/25/2026 Leave a Comment

Qualified Health Secures $125M to Expand Enterprise AI Platform for Health Systems

What You Should Know The Funding: Qualified Health, an enterprise AI platform built for health systems, has secured a $125M Series B round led by New Enterprise Associates (NEA), with participation from Transformation Capital, Menlo Ventures' Anthology Fund (in partnership with Anthropic), and several other major venture players.The Core Problem: Over the last two years, health systems have experimented with generative AI via highly fragmented, isolated point solutions. This has created
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Thesis Care (Formerly Trovo Health) Secures $45M to Scale AI-Powered Clinical Care Teams

by Fred Pennic 03/25/2026 Leave a Comment

What You Should Know The Funding & Rebrand: New York-based Thesis Care (recently rebranded from Trovo Health) has secured $45M in Series A funding. The round was led by Oak HC/FT, with participation from CRV and Black Opal Ventures, bringing total funding to $60M. The Leadership: The company was founded in 2024 by CEO Dr. Niren Gandra and CPO Aditya Pandyaram, both former executives at the patient financial engagement giant Cedar. The Core Model: Thesis does not sell a traditional SaaS tool for hospital staff to learn. Instead, it deploys AI agents backed by its own internal team of "expert clinicians-in-the-loop." The platform executes complex clinical operations and care management workflows end-to-end, delivering the finished result directly to the provider. The Clinical Impact: Because Thesis completes the tasks autonomously, existing clinic workflows remain perfectly intact, radically reducing administrative burden. The Scale: Following successful design partnerships in 2024 and 2025, Thesis is already deployed across thousands of providers. Major clients include US Heart & Vascular, Essen Health Care, Springfield Clinic, and Allied Digestive Health.

What You Should Know The Funding & Rebrand: New York-based Thesis Care (recently rebranded from Trovo Health) has secured $45M in Series A funding. The round was led by Oak HC/FT, with participation from CRV and Black Opal Ventures, bringing total funding to $60M.The Leadership: The company was founded in 2024 by CEO Dr. Niren Gandra and CPO Aditya Pandyaram, both former executives at the patient financial engagement giant Cedar.The Core Model: Thesis does not sell a traditional SaaS tool
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Infosys Acquires Optimum Healthcare IT for $465M to Accelerate Healthcare Digital Transformation

by Fred Pennic 03/25/2026 Leave a Comment

Infosys Acquires Optimum Healthcare IT for $465M to Accelerate Healthcare Digital Transformation

What You Should Know The Acquisition: Global consulting giant Infosys has signed a definitive agreement to acquire U.S.-based Optimum Healthcare IT for up to $465M in an all-cash deal. They are purchasing the firm from private equity group Achieve Partners.The Dual Deal: In a $560 million push into the U.S. market, Infosys simultaneously announced the $95M acquisition of the insurance tech consulting firm, Stratus.The Target: Based in Jacksonville Beach, Florida, Optimum Healthcare IT is a
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Cityblock Health CEO Dr. Toyin Ajayi Releases Blueprint for AI in Medicaid

by Fred Pennic 03/25/2026 Leave a Comment

The RCM Trap: Why Cityblock Health is Pivoting AI Investment Toward Medicaid Care

What You Should Know The Manifesto: Dr. Toyin Ajayi, CEO of Cityblock Health, has published a comprehensive report, “Medicaid + AI: A New Standard for Innovation,” arguing that the nation's most vulnerable patient population must be the proving ground for generative AI.The Investment Disconnect: Currently, roughly 60% of healthcare AI investment is directed toward revenue cycle management, billing optimization, and risk adjustment. Conversely, less than 20% of health plans use AI to develop
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The C-Suite Squeeze: Why Hospital IT Budgets Are Shrinking While AI Spending Soars

by Fred Pennic 03/24/2026 Leave a Comment

The C-Suite Squeeze: Why Hospital IT Budgets Are Shrinking While AI Spending Soars

What You Should Know: The Data Source: Sage Growth Partners released its "Health IT Purchasing Forecast 2026-2027: Where C-Suites are Investing Amid Declining Capital Budgets" report, based on a benchmark survey of 101 hospital and health system C-suite executives.The Budget Squeeze: A significant 41% of C-suite leaders anticipate their capital investments will be reduced over the next two years. Only 5% expect an increase of 20% or more, representing a notable decline from prior years.The
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