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Fred Pennic, Editor-in Chief | HIT Consultant

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

State of Texas Develop Flu Tracking Dashboards for Prediction & Response

by Fred Pennic 06/28/2023 Leave a Comment

State of Texas Develop Flu Tracking Dashboards for Prediction & Response

What You Should Know:  Texas Department of State Health Services (TX DSHS) has partnered with SAS to develop new public health dashboards for tracking influenza data across the state, unifying multiple flu surveillance sources into a central visualization platform. The flu data visualizations and analytics will be instrumental for Texas DSHS in anticipating regional surges in cases and allocating state resources to the areas with the most testing and vaccination needs while keeping
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French Startup Gleamer Raises $29.4M for AI-Powered Medical Imaging

by Fred Pennic 06/28/2023 Leave a Comment

French Startup Gleamer Raises $29.4M for AI-Powered Medical Imaging

What You Should Know:  Gleamer, a Paris, France-based European manufacturer in AI-powered solutions for medical imaging raises €27M ($29.4M USD) in Series B funding led by Supernova Invest, co-led by Heal Capital and backed by Gleamer’s long-term partners XAnge, Elaia, Bpifrance via the funds Digital Venture and F3A from France 2030, MACSF, Crista Galli Ventures, and UI Investissement, as well as several European radiologists. Founded in 2017, Gleamer’s suite of AI-powered solutions
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New Initiative Examines Misuse of Race in Medical Research

by Fred Pennic 06/28/2023 Leave a Comment

New Initiative Examines Misuse of Race in Medical Research

What You Should Know:  Doris Duke Foundation (DDF) announce the launch of Racial Equity in Clinical Equations, a new initiative to examine the misuse of race in medical research. The foundation will provide $10M in new grants that will document the impact on patients of existing algorithms with potential race misuse, provide vital data to inform new guidelines, and ultimately enable the medical research community to identify a framework to reconsider and potentially revise the
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Epic EHR Integrates with Nuance’s AI-Powered DAX Express

by Fred Pennic 06/27/2023 Leave a Comment

Epic EHR Integrates Nuance’s AI-Powered DAX Express

What You Should Know:  Epic and Nuance (a Microsoft company) expand their long-term strategic collaboration by integrating Nuance’s new Dragon Ambient eXperience Express (DAX Express), the first fully AI-automated clinical documentation application in healthcare, into Epic workflows.As part of the integration, DAX Express for Epic will deliver everything clinicians need in one place to create a comprehensive note quickly, decreasing cognitive load, increasing provider satisfaction, and
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Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform

by Fred Pennic 06/27/2023 Leave a Comment

Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform

What You Should Know:  Augmedics, a Chicago-based provider of augmented reality (AR) surgical navigation raises $82.5M in Series D funding led by  CPMG and adds Evidity Health Capital as a syndicate partner, with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures and others.The company’s revolutionary xvision Spine System® allows surgeons to see patients’ anatomy as if they have “x-ray vision” and accurately navigate instruments and
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Eko Health Launches AI-Enhanced Digital Stethoscope

by Fred Pennic 06/27/2023 Leave a Comment

Eko Health Launches AI-Enhanced Digital Stethoscope

What You Should Know:  Eko Health today announced the launch of its next-generation AI-enhanced digital stethoscope, CORE 500™.  Engineered to enhance diagnostic accuracy and early disease detection, the CORE 500™ combines artificial intelligence (AI) software, high-fidelity audio experience, full-color display, and 3-lead electrocardiogram (ECG) to deliver an essential patient assessment tool for healthcare professionals (HCPs).   CORE 500 Features The CORE
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U.S. Virgin Islands Launches Health Data Interoperability Pilot

by Fred Pennic 06/26/2023 Leave a Comment

U.S. Virgin Islands Launches Health Data Interoperability Pilot

What You Should Know: U.S. Virgin Islands (USVI) Governor Albert Bryan Jr. signed a Letter of Intent with CRISP Shared Services to participate in a health data interoperability pilot program that will lay the foundation for OHIT’s Health Information Exchange in the Territory. The pilot establishes the initial phase of the Territory’s Health Information Exchange (HIE), which will enable the instant sharing of health information among doctors’ offices, hospitals, federally qualified health
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Oaktree Closes $2.3B Life Sciences Lending Fund

by Fred Pennic 06/26/2023 Leave a Comment

Oaktree Closes $2.3B Life Sciences Lending Fund

What You Should Know:  Oaktree Capital Management has closed its Life Sciences Lending Fund with a total capital commitment of $2.3B, representing the largest pool of capital ever raised dedicated to the space. Oaktree’s Life Sciences Lending Fund aims to generate attractive risk-adjusted returns by providing bespoke capital solutions to innovative companies across the life sciences sector globally, with a focus on high-growth subsectors, such as biopharma and medical
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Shoni Health Ventures Launches Health Tech VC Fund

by Fred Pennic 06/26/2023 Leave a Comment

Shoni Health Ventures Launches Health Tech VC Fund

What You Should Know: Shoni Health Ventures, a new health tech VC fund announces it’s official launch affiliated with ARC Innovation at Sheba Medical Center. The affiliation with Sheba Medical Center gives portfolio companies access to global ecosystem partners, including leading health systems and medical personnel, and more than 25 years of medical data. The fund will invest in early-stage (pre-seed and seed stage) startups and will utilize its unique resources to support entrepreneurs
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AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

by Fred Pennic 06/23/2023 Leave a Comment

AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

What You Should Know:  Amazon Web Services, Inc. (AWS) announced an investment of $100M to launch the AWS Generative AI Innovation Center, with healthcare and life sciences as a prioritized industry (alongside Financial Services, Energy & Utilities, Telco, and others). The AWS Generative AI Innovation Center will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and
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