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Fred Pennic, Editor-in Chief | HIT Consultant

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

M&A: Globus Medical Acquires Duke Incubator Higgs Boson Health to Expand Surgical Intelligence

by Fred Pennic 08/28/2026 Leave a Comment

Globus Medical Acquires Duke Incubator Higgs Boson Health to Expand Surgical Intelligence

What You Should Know Musculoskeletal technology leader Globus Medical, Inc. announced the acquisition of Higgs Boson Health, a digital healthcare experience company based in Durham, North Carolina, and incubated out of Duke University.Integrates Higgs Boson’s software engineering and artificial intelligence research teams into Globus Medical to develop a seamless, connected digital care environment spanning the entire musculoskeletal patient journey.The acquisition positions Higgs Boson’s
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 Gartner Research: Healthcare Supply Chain Leaders Must Transition to Self-Managing AI Inventory Rooms

by Fred Pennic 08/28/2026 Leave a Comment

Gartner Research: Healthcare Supply Chain Leaders Must Transition to Self-Managing AI Inventory Rooms

What You Should Know Gartner advises healthcare Chief Supply Chain Officers (CSCOs) to replace manual inventory counting and legacy scanning tools with autonomous supply rooms driven by computer vision and artificial intelligence.Garner reveals advances in computer vision, spatial sensing, and workflow automation enable Periodic Automatic Replenishment (PAR) rooms to autonomously monitor inventory levels, predict demand, and trigger reorders with minimal human involvement.Autonomous supply
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Philips Wins $33.7M ARPA-H Award to Scale Autonomous Robotic Thrombectomy

by Fred Pennic 08/28/2026 Leave a Comment

Philips Wins $33.7M ARPA-H Award to Scale Autonomous Robotic Thrombectomy

What You Should Know Philips secured an award of up to $33.7M from the Advanced Research Projects Agency for Health (ARPA-H) under its Autonomous Interventions and Robotics (AIR) program, led by Dr. Ileana Hancu.Develops AI-enabled robotic procedure automation and remote-assisted capabilities for endovascular stroke treatment (mechanical thrombectomy) built on the Philips Azurion image-guided therapy platform.The program integrates AI navigation algorithms, robotic catheter control, and
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Metriport Raises $26M to Scale Open-Source Point-of-Care Clinical Intelligence

by Fred Pennic 08/27/2026 Leave a Comment

Metriport Raises $26M to Scale Open-Source Point-of-Care Clinical Intelligence

What You Should Know Open-source healthcare data infrastructure company Metriport secured $26M in new funding led by TJ Parker, General Partner at Matrix, with participation from ARTIS Ventures and Y Combinator, bringing its total capital raised to $28.4M.The platform eliminates point-of-care blind spots and weeks-long manual chart chasing across hospitals, pharmacies, and outpatient clinics by unifying and deduplicating medical records into a standardized, searchable data model. Replaces
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Trump Administration Deploys $93.3M to Scale Surgical Robotics and Telehealth Across Georgia Rural Hospitals

by Fred Pennic 08/27/2026 Leave a Comment

CMS Launches New Oversight Initiative to Verify Medicaid and CHIP Eligibility

What You Should Know The Trump Administration announced a $93.3M federal investment under the Rural Health Transformation Program (RHTP) to expand telehealth, surgical robotics, and modern care models across rural Georgia.Completes Georgia’s $218+ million Year-1 funding commitment under the broader $50 billion federal RHTP framework established by the Working Families Tax Cuts Act.Prepares 87 rural Georgia hospitals to transition toward value-based and total cost of care payment models by
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Savista Acquires ABW Medical to Expand Ambulatory and FQHC Revenue Operations

by Fred Pennic 08/27/2026 Leave a Comment

Savista Acquires ABW Medical to Expand Ambulatory and FQHC Revenue Operations

What You Should Know Healthcare operations and revenue cycle management (RCM) company Savista has acquired ABW Medical, an ambulatory RCM provider specializing in the non-acute healthcare sector.The transaction expands Savista’s operational footprint into community health centers, federally qualified health centers (FQHCs), physician medical groups, management services organizations (MSOs), rural health providers, and virtual care platforms.Integrates ABW Medical’s preferred partner status
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UPMC Expands AI-Native Transitional Care Management Model to 18 Hospitals with Andor Health and Psynergy Health

by Fred Pennic 08/27/2026 Leave a Comment

Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation

What You Should Know UPMC is expanding its AI-native transitional care management program to 18 hospitals, scaling from an initial single-campus deployment at UPMC Jameson (New Castle, PA) to 10 live hospitals today, with one launching September 1 and seven more on September 22.Operates on ThinkAndor®, Andor Health’s agentic AI infrastructure, paired directly with clinical care delivery provided by Andor's Psynergy Health licensed clinical workforce.Unifies technology, outreach, scheduling,
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M&A: Imagenet Acquires Analytica Consulting to Embed AI and Data Engineering in Payer Operations

by Fred Pennic 08/27/2026 Leave a Comment

Imagenet Acquires Analytica Consulting to Embed AI and Data Engineering in Payer Operations

What You Should Know Healthcare operations and payer technology partner Imagenet announced the acquisition of Analytica Consulting, a California-based consulting firm specializing in data engineering, artificial intelligence, advanced analytics, data science, visualization, and data governance.The transaction closed on August 21, 2026 (financial terms remain undisclosed), accelerating Imagenet's evolution from a transaction-processing business process operations (BPO) firm into an end-to-end
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Onos Health Raises $17M to Transform Unstructured Behavioral Clinical Intelligence for Health Plans

by Fred Pennic 08/26/2026 Leave a Comment

Onos Health

What You Should Know Onos Health, a behavioral health clinical intelligence platform engineered for health plans and payers, secured a $17 million Series A financing round led by Costanoa.The syndicate features strategic investment from CVS Health Ventures alongside continued participation from Flare Capital Partners.Directly targets structural blind spots in behavioral healthcare—a category affecting over 23% of U.S. adults annually and generating more than $140 billion in direct medical
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FinThrive Names Former Kaiser Permanente Leader Brandon Burnett Chief RCM Officer

by Healthcare Executive Hires 08/26/2026 Leave a Comment

FinThrive Names Former Kaiser Permanente Leader Brandon Burnett Chief RCM Officer

Healthcare revenue cycle software provider FinThrive has named Brandon Burnett as its Chief Revenue Cycle Management (RCM) Officer. The move brings 25 years of provider-side operational experience directly into FinThrive’s executive ranks as the company expands the use of artificial intelligence across hospital billing and patient access workflows. In the newly created role, Burnett will bridge the gap between software development and the day-to-day realities of hospital finance teams,
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