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Fred Pennic, Editor-in Chief | HIT Consultant

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

Rgenta Therapeutics Raises $52M for Integrative RNA-Targeting Discovery Platform

by Fred Pennic 11/29/2022 Leave a Comment

Rgenta Therapeutics Raises $52M for Integrative RNA-Targeting Discovery Platform

What You Should Know: - Rgenta Therapeutics Inc. raises a $52M Series A round led by AZ-CICC Healthcare Investment Fund with participation from all existing investors and new investors including Korean Investment Partners, Delos Capital. - Rgenta Therapeutics is focusing on developing RNA-targeting medicines for historically undruggable disease targets. Targeting the “Undruggables” Only a quarter of the proteins implicated in human diseases are currently druggable by traditional
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Collective Health Appoints Chief Financial Officer

by Fred Pennic 11/29/2022 Leave a Comment

What You Should Know: - Collective Health has appointed Chris Newman as its new Chief Financial Officer. Under this leadership, he will be responsible for leading the finance team at Collective Health, while ensuring the company continues to grow in a way that delivers on its brand promise. Prior to joining Collective Health, Chris served as CFO and Chief Operating Officer for over five years at Rodan + Fields. Over the duration of his career, Chris served as COO and CFO for a number of
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Nuance Announces Strategic Collaborations at RNSA22

by Fred Pennic 11/28/2022 Leave a Comment

Nuance Launches Precision Imaging Network for AI-Powered Imaging Insights

What You Should Know: - Nuance Communications announced a series of strategic partnership announcements at RNSA 2022. - Nuance announces that Kentucky-based Baptist Health and Pennsylvania-based Einstein Healthcare have joined the Nuance Precision Imaging Network (PIN). The addition of these healthcare systems will empower collaborative care teams with AI-powered insights from diagnostic imaging at the point-of-care. - Perspectum, a global medical technology company,
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RSNA: Flywheel Builds Data Platform for Unbiased Breast Imaging AI

by Fred Pennic 11/28/2022 Leave a Comment

Flywheel Builds Data Platform for Unbiased Breast Imaging AI

What You Should Know: - Today, at RSNA, Flywheel, a leading data management platform for biomedical research and collaboration announces the creation of a federated data platform for the development of unbiased breast imaging AI. - Funded in part by the NIH, the federated network will support breast imaging AI research and collaboration—on a scale not previously possible. Leveraging Flywheel Discovery & Exchange Two Flywheel technologies underpin the project. Flywheel
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RSNA: Konica Minolta Transforms The Future of X-Ray in Latin America

by Fred Pennic 11/28/2022 Leave a Comment

RNSA22: Konica Minolta Transforms The Future of X-Ray in Latin America

What You Should Know: - Konica Minolta Healthcare Americas unveils KDR® Primary U-arm Digital Radiography (DR) and mKDR Xpress™ Mobile X-ray systems in select Latin American countries. - Chosen by numerous healthcare facilities throughout North America, the KDR Primary and mKDR Xpress will complement Konica Minolta’s existing portfolio of CR systems, DR retrofit solutions and PACS throughout the region. Additionally, both systems are designed for future integration of Dynamic
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HLTH22: 6 Digital Health Executives Share Key Takeaways

by Fred Pennic 11/25/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

We reached out to six digital health executives for their key takeaways and reflection from attending the recent HLTH22 conference. Sunny Kumar, MD, Partner at GSR Ventures, a $3B AUM venture firm investing in early-stage digital health companies. The most fascinating element of HLTH 2022 were the concurrent contrasts. Set against a challenging macroeconomic environment with decreases in venture funding and near-daily headlines of large layoffs cutting across the tech ecosystem,
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PayZen Nabs $200M for Personalized, No-Cost Patient Financing

by Fred Pennic 11/23/2022 Leave a Comment

PayZen Integrates with Epic’s App Orchard Marketplace

What You Should Know: - PayZen, the fintech company tackling healthcare affordability with personalized, no-cost patient financing solutions raises a $220 million growth round. The round is composed of $20 million in equity financing and a $200 million credit facility led by 7wireVentures, while Viola Credit provided a $200 million warehouse credit facility to support continued market expansion. - PayZen will use the funds to scale its operations and product development as the interest in
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What Has COVID Ever Done For Us? Here 9 Examples

by Ivor Campbell, CEO of Snedden Campbell, 11/23/2022 Leave a Comment

What Has COVID Ever Done For Us?

The early 2020s will be studied by historians as a time of global uncertainty when an unknown pathogen caused a public health emergency that brought the world to the brink. It may also be remembered as a time of unparalleled cooperation and advancement in technologies, prompted by the Covid pandemic, that provided enduring benefits for generations to come. Just as the two world wars of the 20th Century were the deadliest and most attritional in history, they also triggered developments in
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care.ai Secures $27M for AI-Powered Smart Patient Rooms

by Fred Pennic 11/21/2022 Leave a Comment

care.ai Secures $27M for AI-Powered Smart Patient Rooms

What You Should Know:  care.ai, a Orlando, FL-based first and only AI-powered ambient monitoring platform in healthcare raises $27M in funding from Crescent Cove Advisors. - The company plans to use the funding to accelerate growth and scale deployments of the industry's first smart care facility platform throughout the U.S. AI-Powered Smart Patient Rooms care.ai’s Smart Care Facility Platform™ transforms healthcare settings, such as hospitals and nursing homes, into
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Osso VR and American College of Cardiology to Develop Immersive Training for Cardiovascular Professionals

by Fred Pennic 11/18/2022 Leave a Comment

Osso VR and American College of Cardiology to Develop Immersive Training for Cardiovascular Professionals

What You Should Know: - Osso VR, a virtual reality (VR) company in healthcare, and the American College of Cardiology (ACC), a global nonprofit dedicated to transforming cardiovascular care announced a new collaboration to develop an immersive, VR-enabled training program for cardiovascular professionals. - The collaboration builds upon the ACC’s long tradition of educational excellence and will support more than 56,000 cardiovascular professionals with state-of-the-art
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