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Fred Pennic, Editor-in Chief | HIT Consultant

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

8 Executive Key Takeaways from JP Morgan Healthcare Conference

by Fred Pennic 01/20/2023 Leave a Comment

8 Executive Key Takeaways from JP Morgan Healthcare Conference

Mike Serbinis, CEO of League JPMorgan was buzzing this year. Part of that is post-Covid return to conference excitement. Part of that is the fact that healthcare has never been more important. While the economy was challenged in 2022, investors are ready to do business in healthcare. The stakes are getting higher and the opportunity in front of us is massive. Pete Anevski, CEO of Progyny People who are currently struggling with infertility, and those who are looking to start or expand
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Top 10 Health Technology Hazards in 2023 to Watch

by Fred Pennic 01/20/2023 Leave a Comment

Top 10 Health Technology Hazards for 2023

What You Should Know: - ECRI, the nation's largest non-profit patient safety organization, names communications gaps with recalls of home-use medical devices as the nation’s most pressing health technology safety issue for 2023. - ECRI’s Top 10 Health Technology Hazards for 2023 list identifies the potential sources of danger that will warrant the greatest attention for the coming year and offers practical recommendations for reducing
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39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally

by Fred Pennic 01/19/2023 Leave a Comment

39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally

What You Should Know: - Today, World Economic Forum announced that 39 organizations have signed the Global Health Equity Network Zero Health Gaps Pledge. - The pledge includes 10 key commitments all signatories have made to embed health equity principles throughout their operations, workforce and guiding philosophies. It marks the beginning of an historic journey to making health equity an integral part of business strategies globally and an important step towards a world without health
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Caris Life Sciences Raises $400M to Advance AI-Driven Molecular Profiling to Revolutionize Cancer Care

by Fred Pennic 01/19/2023 Leave a Comment

Caris Life Sciences and ConcertAI Partner to Accelerate Drug Development and Novel Research

What You Should Know: - Caris Life Sciences® (Caris), the a molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare, announced today that the company has closed a senior secured term loan providing up to $400M in capital from OrbiMed and Braidwell. With this funding, Caris has raised approximately $1.7 billion in capital since 2018.  - Caris' comprehensive molecular profiling approach precisely analyzes DNA (Whole
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8 Executive Pharmacy Predictions/Trends to Watch in 2023

by Fred Pennic 01/18/2023 Leave a Comment

Executive Pharmacy Predictions/Trends 2023

Frank Harvey, CEO at Surescripts Community pharmacists trusted to deliver care: In 2023, pharmacists will play an integral role as part of the team managing patient care for diseases like diabetes, hypertension, or multiple comorbidities. And to support this work, I predict that we will see more activity between payers, pharmacists, the government and technology organizations to ensure that pharmacists are able to perform these important activities and be reimbursed for their work. Greg
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M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

by Fred Pennic 01/18/2023 Leave a Comment

M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

What You Should Know: - Arrive Health, a provider of real-time benefit tools and integrated solutions that improve patient affordability, today announced the acquisition of a suite of innovative patient engagement and automation technologies developed by UPMC Enterprises and the UPMC Pharmacy Network. - The acquisition adds AI-driven virtual assistant technology and a robust patient management system to its affordability offerings, expanding support for more than 200 million
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Orbita Launches Blaze to Convert Websites into Virtual Assistant

by Fred Pennic 01/18/2023 Leave a Comment

Orbita Launches Blaze to Convert Websites into Virtual Assistant

What You Should Know: - Orbita, a leading provider of intelligent virtual assistants and workflow automation for healthcare, launched a new solution set to transform the healthcare website experience. Orbita Blaze uses conversational AI and advanced search technology to interpret and address patients’ requests promptly and with precision, so they access the information and care they need. - Poor healthcare web navigation has historically been a barrier to care, as 78%
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Netherlands Cancer Institute to Deploy Proscia’s Pathology Platform

by Fred Pennic 01/18/2023 Leave a Comment

Netherlands Cancer Institute (NKI) to Deploy Proscia’s Pathology Platform To Drive Personalized Diagnosis

What You Should Know:  - Proscia®, a provider of digital and computational pathology solutions, announced that the Netherlands Cancer Institute (NKI), one of the top 10 comprehensive cancer centers in Europe, will deploy its Concentriq® Dx platform.  - NKI is transitioning to Concentriq Dx to expand its digital pathology practice, laying the foundation for its pathologists to deliver personalized diagnoses that better inform treatment decisions. In doing so, the cancer center,
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22 Executive Digital Health Predictions to Watch in 2023

by Fred Pennic 01/16/2023 Leave a Comment

22 Executive Digital Health Predictions to Watch in 2023

Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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7 Life Sciences Executive Predictions to Watch in 2023

by Fred Pennic 01/13/2023 Leave a Comment

7 Executive Life Sciences Predictions to Watch in 2023

Tracy Curley, CFO and interim CEO at iSpecimen Focusing on the macroeconomic environment, which remains impacted by the lingering COVID-19 pandemic, there continues to be uncertainty about the strength of the global, Asia Pacific, UK and US economies. High-interest rates and a potential recession remain a concern for all market participants. At ISPC, we are closely monitoring the pace of specimen transactions. We believe that this industry can be resilient through a continued economic
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