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Fred Pennic, Editor-in Chief | HIT Consultant

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

THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

What You Should Know: Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners. - The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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Suki Adds “Show Me” Command to its Voice-Enabled Digital Assistant

by Fred Pennic 04/18/2022 Leave a Comment

Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

What You Should Know: Suki, a provider of voice artificial intelligence (AI) technology for healthcare launches new “show me” commands for its voice artificial intelligence (AI) technology for healthcare. - The commands allow clinicians to quickly retrieve a wide set of patient information, including vital signs, medications, allergies, and medical and surgical histories -- untethered from the electronic health record (EHR) -- enabling them to be more present with their patients. The
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Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

by Fred Pennic 04/15/2022 Leave a Comment

Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

What You Should Know: - Can we build relationships with AI therapy bots as well as we can with other human beings? This research says yes.  - A recent peer-reviewed study in Frontiers of  Wysa, an advanced conversational AI for mental health, shows people develop an emotional bond with its chatbot in much the same way people bond with a human therapist. This ‘therapeutic alliance’ is crucial in helping people meet the goals of treatment, the study found. Peer-reviewed study reveals
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Cynerio Discovers Vulnerabilities to Remotely Control Hospital Robots

by Fred Pennic 04/15/2022 Leave a Comment

Cynerio Discovers Vulnerabilities to Remotely Control Hospital Robots

What You Should Know: - Cynerio, a provider of healthcare IoT security solutions, announced the discovery, exploitation, and disclosure of five zero-day vulnerabilities collectively known as JekyllBot:5, that affect commonly used robots found in hundreds of hospitals worldwide. - Vulnerabilities found in Aethon Tug hospital robots could allow attackers to circumvent security and remotely surveil and interact with patients, obstruct medication distribution, and disrupt day-to-day hospital
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FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

by Fred Pennic 04/14/2022 Leave a Comment

FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

What You Should Know: - FundamentalVR, global pioneers in immersive VR surgical simulations, today announces the addition of endovascular surgery to its suite of haptic VR medical simulations. In addition, it’s also showcasing its new virtual showroom that would accelerate the ability of medical device manufacturers and life science companies to get new endovascular products into the hands of sales representatives and clinicians. Creating High-Fidelity Simulations In creating
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Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

by Fred Pennic 04/14/2022 Leave a Comment

Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

What You Should Know: - Israeli startup Salignostics, the developer and provider of rapid saliva-based tests for early pregnancy detection, as well as COVID-19, cardiac risk, malaria, and other diseases, has closed an $8 million Series A funding round from private investors headed by angel investor Avigdor Orlinsky. - The company has raised $16M to date to support development, commercialization, and marketing efforts for the tests in Israel and overseas. It will also support the launch of
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

by Fred Pennic 04/13/2022 Leave a Comment

9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

What You Should Know: - 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M. - Innovative virtual care provider is now
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Ryse Health Raises $3.4M for Tech-Driven Approach to Type 2 Diabetes Care

by Fred Pennic 04/12/2022 Leave a Comment

Ryse Health Raises $3.4M for Tech-Driven Approach to Type 2 Diabetes Care

What You Should Know: - Ryse Health, a new startup that provides tech-enabled office-based and virtual care to patients with type 2 diabetes raises $3.4M in seed funding led by W Health Ventures, and other investors include LifeBridge Health, CareFirst, and veterans of Cigna, Boston Children’s Hospital, and Blue Shield of California. - Founded by Erin Kane, MD (co-founder and chief medical officer) and Richard Gurley, MBA (co-founder and chief executive officer), Ryse Health’s technology
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Healthcare’s Data Readiness Crisis: Triage vs. Transformation

by Fred Pennic 04/12/2022 Leave a Comment

Healthcare’s Data Readiness Crisis: Triage vs. Transformation

What You Should Know: - Healthcare leaders have high aspirations for digital transformation, but a lack of data readiness threatens their ability to execute, according to a new research conducted by Morning Consult and commissioned by Innovaccer. - The 35-page report, “Healthcare’s Data Readiness Crisis: Triage vs. Transformation,” reveals that the overwhelming majority of healthcare executives surveyed (95%) are focused on digital transformation, with 61% aiming to have their
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