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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: Tendo Acquires MDsave for $150M

by Fred Pennic 09/28/2023 Leave a Comment

M&A: Tendo Acquires MDsave for $150M

What You Should Know:  - Tendo, a digital health company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers announced it has acquired MDsave, a leading healthcare marketplace that democratizes care access for all for $150M - The strategic acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one
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Sentara Expands Deployment of Regard’s AI Copilot Across Enterprise

by Fred Pennic 09/28/2023 Leave a Comment

Sentara Expands Deployment of Regard’s AI Copilot Across Enterprise

What You Should Know:  - Sentara Health, one of the largest health systems in the mid-Atlantic and southeast expands its partnership with Regard, an AI-powered copilot that helps clinicians diagnose medical conditions.  - The expansion will provide clinician access to Regard's AI technology in all 12 of Sentara's hospitals, and automate clinician note-taking, improve diagnostic accuracy, elevate patient care, and optimize financial outcomes within the healthcare system. Unlocks EHR
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M&A: Virgin Pulse and HealthComp Merge in $3B Deal

by Fred Pennic 09/27/2023 Leave a Comment

M&A: Virgin Pulse and HealthComp Merge in $3B Deal

What You Should Know:  – Virgin Pulse, a global digital-first health, wellbeing, and navigation company announced its intent to merge with HealthComp, a next-generation benefits and analytics platform valued at $3B.  The blockbuster merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Together, the combined entity will aim to improve health outcomes and lower costs for members and
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Augmedix Launches Gen AI Mobile App for Automated Medical Notes

by Fred Pennic 09/27/2023 Leave a Comment

Augmedix Launches Gen AI Mobile App for Automated Medical Notes

What You Should Know: - Augmedix, a provider of ambient medical documentation and data solutions, announced the early access release Augmedix Go, a clinician-controlled mobile app that uses generative AI to instantaneously create a fully automated draft medical note after each patient visit. Augmedix Go harnesses proprietary natural language processing (NLP), large language models (LLMs), and structured data sets, key components of Augmedix’s tech stack. This powerful technology is
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Cartwheel Raises $20M to Tackle The Student Mental Health Crisis

by Fred Pennic 09/26/2023 Leave a Comment

Cartwheel Raises $20M for Tackle the Student Mental Health Crisis

What You Should Know: - Cartwheel, a platform helping schools tackle the student mental health crisis by delivering affordable, evidence-based telehealth services with no waitlist raises $20M in Series A funding led by Menlo Ventures. Reach Capital joined the round, as did earlier investors General Catalyst, BoxGroup and Able Partners. - The funding will allow Cartwheel to expand mental health services to hundreds of thousands of new students in
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Health Gorilla & Amwell Expands Digital Diagnostic Lab Ordering for Clinicians

by Fred Pennic 09/26/2023 Leave a Comment

Health Gorilla & Amwell Expands Digital Diagnostic Lab Ordering for Clinicians

What You Should Know: - Health Gorilla, a leading interoperability provider, and Amwell, a global leader in hybrid care enablement, announced a new lab capability within Amwell’s virtual care platform that will enable providers to offer patients a more connected hybrid care experience.  - With this expanded partnership, Health Gorilla’s lab automation system will empower providers on the Amwell Converge platform with access to a broader lab network and enhanced
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Laguna Health Launches Caregiver Companion App

by Fred Pennic 09/25/2023 Leave a Comment

Laguna Health Launches Caregiver Companion App

What You Should Know: - Laguna Health, an AI-powered care management platform launched its Caregiver Companion app, a fully-digital care experience for caregivers supporting patients throughout their post-hospital care journeys. - The app provides caregivers with greater visibility into the patient’s care pathway and access to the patient’s digital-first care team so caregivers can more easily manage the health and well-being of
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Q/A: LookDeep Health CEO Talks AI Adoption & Tackling Clinical Staff Skepticism

by Fred Pennic 09/21/2023 Leave a Comment

Narinder Singh, co-founder and CEO at LookDeep Health

The potential of AI in clinical settings is clear, yet adoption of the technology continues to lag. Despite the myriad ways it can alleviate the burden placed on healthcare professionals, there is still significant staff skepticism to embrace AI. Narinder Singh, co-founder and CEO at LookDeep Health, believes that this reluctance and skepticism is a result of ambiguity over what AI even means. We recently spoke with Nardiner to discuss how clinical executives can address the hesitation to
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Arcadia Launches Point of Care Generative AI Assistant to Improve Care Team Efficiency

by Fred Pennic 09/20/2023 Leave a Comment

Arcadia Launches Point of Care Generative AI Assistant to Improve Care Team Efficiency

What You Should Know:  - Healthcare data analytics company Arcadia launches a generative artificial intelligence (AI) assistant powered by Open AI, that will help boost productivity and improve care team efficiency. - Care managers play a critical role in the healthcare delivery system, but they are stretched thin, having to quickly review and interpret massive amounts of information from complex medical records. Arcadia’s AI assistant does the heavy lifting with the ability to catch
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Amenities Health Closes $10M to Modernize Health System Digital Front Doors

by Fred Pennic 09/20/2023 Leave a Comment

Amenities Health Closes $10M to Modernize Health System Digital Front Doors

What You Should Know:  - Amenities Health, a Dallas, TX-based healthcare digital front door platform secured an additional $6.25M, putting Amenities' total Series A amount raised to date at $10M. - The Series A round was led by MemorialCare Innovation Fund, and Epic Ventures with additional participation from HealthTech CEOs Chris Gibson,  Blake Marggraff, Kyle Robertson, Tom White, Kulmeet Singh, Harjinder Sandhu, and Buzz White. - Amenities plans to use the additional
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