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Fred Pennic, Editor-in Chief | HIT Consultant

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

Wellinks Raises $10M to Scale Predictive Cardiopulmonary Remote Patient Monitoring

by Fred Pennic 08/05/2026 Leave a Comment

Wellinks Raises $10M to Scale Predictive Cardiopulmonary RPM

What You Should Know New Haven-based cardiopulmonary digital health provider Wellinks closed a $10M first tranche of its Series B funding round.The financing was led by strategic partner UMass Memorial Health alongside participation from existing inside investors.Wellinks' FDA-cleared Spire Remote Patient Monitoring (RPM) System and proprietary Health Tags deliver passive, continuous physiological tracking to predict clinical deterioration up to one week before symptom onset.Clinical evidence
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Beyond Real-World Trial Iteration: QuantHealth Secures $45M for AI Clinical Simulation

by Fred Pennic 08/04/2026 Leave a Comment

Beyond Real-World Trial Iteration: QuantHealth Secures $45M for AI Clinical Simulation

What You Should Know Tel Aviv-based AI clinical simulation platform QuantHealth closed a $45 million Series B financing round led by Qumra Capital.The round saw participation from major strategic and venture investors, including Sanofi Ventures, Pitango HealthTech, Bertelsmann Healthcare Investments (BHI), Artofin, GC Ventures, NewHealth, Shoni Top, and Esplanade Ventures.Proceeds will advance next-generation AI models, deepen scientific validation, expand therapeutic coverage beyond 40
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Amae Health Collaborates with Google Health Enterprise to Drive Precision Psychiatry

by Fred Pennic 08/04/2026 Leave a Comment

Amae Health Collaborates with Google Health Enterprise to Drive Precision Psychiatry

What You Should Know Amae Health announced a strategic collaboration with Google Health Enterprise to integrate continuous, wearable-derived behavioral metrics into its precision psychiatry model.The collaboration feeds wearable data from Google Health apps and Fitbit devices directly into Amae's multidisciplinary care team workflows to track physiological and behavioral markers.Measured parameters include heart rate variability (HRV), sleep architectures, physical activity, and daily routine
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H1 and Novo Nordisk Partner to Advance AI-Driven Clinical Development

by Fred Pennic 08/04/2026 Leave a Comment

H1 and Novo Nordisk Partner to Advance AI-Driven Clinical Development

What You Should Know Healthcare data and AI platform H1 announced a strategic partnership with global pharmaceutical leader Novo Nordisk to modernize clinical trial development.Under the agreement, H1 will acquire rights to further advance StudyHub, Novo Nordisk's proprietary digital and AI-enabled platform for clinical trial execution.The collaboration combines H1's global Doctor Graph and AI-ready datasets with Novo Nordisk’s clinical trial operations to optimize protocol design, site
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Inocras Closes $31M for Whole-Genome Bioinformatics Platform

by Fred Pennic 08/03/2026 Leave a Comment

Inocras Closes $31M for Whole-Genome Bioinformatics Platform

What You Should Know San Diego-based bioinformatics company Inocras Inc. closed an oversubscribed $31M Series B-3 financing round, bringing its total capital raised to approximately $100M.The funding round was supported by strategic investors NDS Corporation and Aimed Bio Inc., alongside new investors IMM Investment, Korea Investment & Securities, LoftyRock Investment, DT& Investment, Woori Investment & Securities, and Shinhan Securities.Proceeds will fund the U.S. expansion of
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CHG Healthcare 2026 APP Workforce Report: 92% of Leaders Rate APPs as Essential Strategy

by Fred Pennic 08/03/2026 Leave a Comment

CHG Healthcare 2026 APP Workforce Report: 92% of Leaders Rate APPs as Essential Strategy

What You Should Know According to a new report from CHG Healthcare, advanced practice providers (APPs)—including NPs, PAs, and CRNAs—have shifted from temporary coverage to foundational infrastructure, with 92% of surveyed healthcare facility leaders rating APPs as "very" or "extremely" important to workforce strategy.The report, Advanced Practice Provider Workforce Trends Report, reveals that nearly all healthcare facilities (97%) plan to maintain or increase APP utilization in 2026,
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Beyond Annual Physicals: Function Secures $450M Growth Financing from General Catalyst

by Fred Pennic 08/03/2026 Leave a Comment

Beyond Annual Physicals: Function Secures $450M Growth Financing from General Catalyst

What You Should Know Consumer health platform Function Health secured $450M in non-dilutive growth financing from General Catalyst’s Customer Value Fund (CVF).The mega-round comes just eight months after Function’s $298M Series B, accelerating its goal of scaling direct-to-consumer lab testing, full-body imaging, and personalized AI analytics.The injection follows two major Q2 expansion acquisitions: Getlabs (a nationwide mobile blood draw network) and SuppCo (a dietary supplement tracking
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NYU Langone and Dana-Farber Co-Develop Solavia Decision Suite

by Fred Pennic 08/03/2026 Leave a Comment

NYU Langone and Dana-Farber Co-Develop Solavia Decision Suite

What You Should Know NYU Langone Health and Dana-Farber Cancer Institute have co-developed the Solavia Decision Suite, an oncology decision support platform designed to deliver precise, evidence-based, and standardized care delivery at scale.Solavia launched internally at NYU Langone on June 30, 2026, and is now commercially available to external health systems and oncology centers.Commercialization and external licensing will be managed by NYU Langone’s Technology Opportunities and Ventures,
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CMS Releases FY 2027 IPPS and LTCH PPS Final Rule: Rates, Mandatory CJR-X Model, and EHR Changes

by Fred Pennic 08/03/2026 Leave a Comment

CMS Launches New Oversight Initiative to Verify Medicaid and CHIP Eligibility

What You Should Know The Centers for Medicare & Medicaid Services (CMS) issued its FY 2027 Inpatient Prospective Payment System (IPPS) and Long-Term Care Hospital (LTCH) PPS final rule, enacting a 2.3% net payment rate increase for both IPPS acute care hospitals and LTCHs.The rule mandates nationwide expansion of the Comprehensive Care for Joint Replacement (CJR) Model—dubbed CJR-X—beginning January 1, 2028, covering hip, knee, and ankle replacements across inpatient and hospital
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J.D. Power 2026 U.S. Pharmacy Study: Digital Integration and Human Support Drive Customer Loyalty

by Fred Pennic 07/31/2026 Leave a Comment

J.D. Power 2026 U.S. Pharmacy Study: Digital Integration and Human Support Drive Customer Loyalty

What You Should Know According to the J.D. Power 2026 U.S. Pharmacy Study, overall mail-order pharmacy satisfaction rose 2 points year-over-year to 699 (on a 1,000-point scale), while brick-and-mortar satisfaction dropped 7 points to 669.The divergence is driven by weakening consumer trust and perceived value in physical retail stores, whereas mail-order growth is fueled by strong live-agent phone support and seamless digital tools.Good Neighbor Pharmacy ranked highest among brick-and-mortar
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