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Fred Pennic, Editor-in Chief | HIT Consultant

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

Report: Generative AI and Integration Key to Bridging Payer-Provider Gap

by Fred Pennic 03/28/2024 Leave a Comment

Report: Generative AI and Integration Key to Bridging Payer-Provider Gap, Boosting Healthcare

What You Should Know: - A new report by HFS Research, in collaboration with Cognizant, sheds light on critical trends shaping the future of healthcare in the United States. The report, titled "Re-energize Health Consumer Engagement and Bridge the Payer-Provider Divide with GenAI," explores the potential of Generative Artificial Intelligence (GenAI) and vertical integration to improve healthcare delivery. - The report also emphasizes that the healthcare system must embrace new approaches
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Float Secures $10M to Bring Specialty Care Home for Chronic Conditions

by Fred Pennic 03/28/2024 Leave a Comment

Float Secures $10M to Bring Specialty Care Home for Chronic Conditions

What You Should Know: - Float, a healthcare marketplace focused on delivering in-home care for chronic illnesses, has secured $10M in Series A funding led by Canvas Ventures with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital. The round also included angel investor participation from several tech industry founders and leaders including Max Mullen, Co-founder of Instacart, Andrew Bartynski, Vice President of Strategy and Operations at ASRI, Brian Pokorny, former
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Verantos Bolsters Real-World Data Network with 7M Patient Records from CuriMeta

by Fred Pennic 03/28/2024 Leave a Comment

Verantos Bolsters Real-World Data Network with 7M Patient Records from CuriMeta

What You Should Know: - Verantos, the leader in high-quality real-world evidence (RWE) forms a strategic partnership with CuriMeta to expand Verantos' Research Network with de-identified data from 7 million patients, - The collaboration will enhance the depth and reach of real-world data (RWD) available to life science organizations. Enhancing RWD Quality and Accessibility The Verantos Research Network is a unique platform that gathers data from various sources, including academic
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CentralReach Appoints David Stevens as First-Ever Head of Generative AI

by Executive Hires 03/28/2024 Leave a Comment

CentralReach Appoints David Stevens to Lead Generative AI (GenAI) Efforts

What You Should Know: - CentralReach, the leading provider of software for ABA and multi-disciplinary providers treating Autism and IDD,  announced the appointment of David Stevens as its first-ever Head of GenerativeAI (GenAI). - In this newly created role, Stevens will lead a team dedicated to designing, developing, and piloting GenAI features for CentralReach's software suite, cari. The company currently boasts over 20 GenAI solutions in various stages of development, with a focus
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Federal Government Unveils Draft Health IT Strategy for Public Comment

by Fred Pennic 03/27/2024 Leave a Comment

SAMHSA and ONC Invest $20M in Behavioral Health IT Initiative

What You Should Know: - The Office of the National Coordinator for Health Information Technology (ONC)is seeking public input on a new draft plan outlining the nation's health information technology (health IT) strategy for the next six years. - The draft 2024-2030 Federal Health IT Strategic Plan focuses on improving access to health data, creating a more equitable healthcare experience, and modernizing public health data infrastructure. Focused on Data Access, Equity, and
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Sutter Health Partners with Abridge to Reduce Clinician Burnout with GenAI-Powered Documentation

by Fred Pennic 03/27/2024 Leave a Comment

Sutter Health Partners with Abridge to Reduce Clinician Burnout with GenAI-Powered Documentation

What You Should Know: - Sutter Health, a leading California healthcare system, announced a major collaboration with Abridge, a company specializing in generative AI for clinical documentation. - The strategic partnership aims to transform the way physicians document patient interactions, ultimately improving patient care and reducing physician burnout. Abridge: Streamlining Documentation and Freeing Up Physician Time Physicians nationwide spend a significant amount of time on
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Tufts Medicine, Curai Partner to Expand Virtual Care Access in Massachusetts and New Hampshire

by Fred Pennic 03/27/2024 Leave a Comment

Tufts Medicine and Curai Partner to Expand Virtual Care Access in Massachusetts and New Hampshire

What You Should Know: - Tufts Medicine, a leading healthcare system, and Curai Health, an AI-powered virtual clinic, have joined forces to expand access to high-quality virtual care for patients across Massachusetts and New Hampshire. - The collaboration aims to provide convenient and affordable healthcare options through the MyTuftsMed patient portal app. Seamless Integration with MyTuftsMed App Through a new feature within the MyTuftsMed app, patients can share their health
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Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI

by Fred Pennic 03/26/2024 Leave a Comment

Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI

What You Should Know: - Sagility, a healthcare services provider acquires BirchAI, a Seattle-based company specializing in cloud-based, AI-powered customer support solutions. This strategic move strengthens Sagility's commitment to leveraging technology for a more efficient and impactful healthcare experience. - The acquisition broadens Sagility’s analytics and automation-backed healthcare engagement services that it provides to large national payers, Blues plans, regional payers, health
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Brightside Health Secures $33M to Expand Access to Mental Healthcare

by Fred Pennic 03/26/2024 Leave a Comment

Brightside Health Secures $33M to Expand Access to Mental Healthcare

What You Should Know: - Brightside Health, a teletherapy provider for depression, anxiety, and other mood disorders, raises $33M in Series C funding led by S32. - The funding round, which included participation from existing investors alongside new partners like Kennedy Lewis, Time BioVentures, and Anne Wojcicki's Redwood Pacific, will fuel Brightside Health's expansion plans. - The funding comes on the heels of the company's recent expansion into Medicaid and Medicare programs, along
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Tennr Raises $18M to Fix Fax Problem in Healthcare with AI

by Fred Pennic 03/26/2024 Leave a Comment

Tennr Raises $18M to Fix Fax Problem in Healthcare with AI

What You Should Know: - Tennr, a New York-based company that automates the messy, painful, manual work holding healthcare organizations back from seeing more patients, increasing revenue, and growing their business raises $18M in Series A funding led by a16z. The latest round brings Tennr's total funding to over $25M. - The company, founded by a team of Stanford graduates with expertise in machine learning, is tackling the problems caused by fax reliance in healthcare. The Problem:
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