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Fred Pennic, Editor-in Chief | HIT Consultant

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

UnitedHealthcare Accelerator Launches New Cohort of 10 Digital Health Startups

by Fred Pennic 08/11/2023 Leave a Comment

UnitedHealthcare Accelerator Launches Cohort of 10 Digital Health Startups

What You Should Know:  The UnitedHealthcare Accelerator program, announced its fifth cohort of 10 digital health startups to participate in its four-month collaborative mentorship-driven program.Selected startups will receive guidance from UnitedHealthcare and Optum executive, fundraising support, and $50k in capital. 90% of this year’s companies were founded by women and / or people of color. Here is a look at UnitedHealthcare Accelerator’s 2023 program class:  Advocatia |
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Report: Current State of Healthcare Analytics

by Fred Pennic 08/10/2023 Leave a Comment

Only Half of Healthcare Organizations’ Data is Used to Make Decisions

What You Should Know:  Only 57 percent of healthcare organizations use data to make business decisions, despite 90 percent of healthcare leaders agreeing that access to quality data is critical to organizational performance, according to a new report by Arcadia.The Current State of Healthcare Analytics Report insights come from a pulse survey on the current state of healthcare analytics platforms conducted by the Healthcare Information and Management Systems Society (HIMSS) and
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Stanford Develops Robotic Puppies to Bring Therapy to Pediatric Patients

by Fred Pennic 08/10/2023 Leave a Comment

Stanford Develops Robotic Puppies to Bring Therapy to Pediatric Patients

What You Should Know:  Students from Stanford University School of Engineering robotics team designed robotic puppies, known as ‘The Pupper Robots,’ that helps calm and distract young pediatric patients during routine and complex procedures at  Lucile Packard Children’s Hospital Stanford.The University robotics team 3D printed 30 pups to interact and play with kids at the hospital’s family resource center, Story Corner. The effort is part of an interdisciplinary research effort with
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Robotics + Heart Valve Startup, Capstan Medical Raises $31.4M

by Fred Pennic 08/09/2023 Leave a Comment

Robotics + Heart Valve Startup, Capstan Medical Raises $31.4M

What You Should Know:  Today, Santa Cruz-based Capstan Medical, a developer of minimally invasive technology to address heart valve disease, announced $31.4M Series B investment round led by Eclipse.The Series B round included participation from  Intuitive Ventures and Puma Venture Capital, a new firm founded by Amit Hazan, a veteran Wall Street medical technology analyst, and Dr. Vipul Patel, a renowned robotic surgeon who has performed more robotic procedures than any other
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Suvida Healthcare Taps Elation EHR to Support Medicare Hispanic Seniors

by Fred Pennic 08/09/2023 Leave a Comment

Suvida Healthcare Taps Elation EHR to Support Medicare Hispanic Seniors

What You Should Know:  - Elation Health, clinical-first technology EHR platform for primary care, today forms a strategic partnership with Suvida Healthcare, an advanced primary care group delivering care to Medicare-eligible Hispanic adults. - Suvida trusts Elation’s powerful and flexible platform to support scaling multidisciplinary value-based care operations to deliver high-quality care for its patients.  Partnership Benefits  Partnering with Elation, the solution
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Sheba Medical Deploys AI Lung Cancer Diagnostics Platform

by Fred Pennic 08/08/2023 Leave a Comment

Sheba Medical Center to Create The First Fully VR-Based Hospital In The World Sheba Medical Center Declares Israel’s “City of Health”, Inks $350M Deal

What You Should Know:  - Sheba Medical Center, Israel’s largest medical center, today announced the deployment of a new accelerated, AI-powered cancer diagnostics research platform that can shorten diagnostic time from three weeks to minutes. - The platform integrates technology developed by Sheba, in addition to innovative digital health startups, to accelerate the pathology department’s diagnostic capabilities.  - The first algorithm incorporated, developed by precision oncology
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InComm Payments Acquires AI-Powered HSA Solution Zenda

by Fred Pennic 08/08/2023 Leave a Comment

InComm Payments Acquires AI-Powered HSA Solution Zenda

What You Should Know:  InComm Payments announced it has acquired Zenda, an AI-powered HSA and FSA solution.  With aligned organizational goals of “helping more people better manage their health expenses and livelihoods,” the acquisition of Zenda allows InComm to enter into the employer health benefits category while also furthering the capabilities of its InComm Healthcare business unit which includes the Dual Network Benefit Card.  AI-Powered HSA and FSA Solutions for
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Financial Pressures Named Top Barrier to Digital Health Adoption, Xealth-CHIME Survey Finds

by Fred Pennic 08/07/2023 Leave a Comment

Financial Pressures Named Top Barrier to Digital Health Adoption, Xealth-CHIME Survey Finds

What You Should Know:  Majority 90.5% of College of Healthcare Information Management Executives (CHIME) members have adopted digital health, despite nearly half (47.6%) cited financial pressures and staff resource constraints (19.1%) as top barriers to digital health adoption, according to a new survey Xealth.  Conducted online between May 15 and June 20, 2023, the Xealth survey examines the digital health experiences and attitudes of CHIME healthcare executives.  Defining
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Augmedix Reports $10.8M Revenue in Q2 2023

by Fred Pennic 08/07/2023 Leave a Comment

Augmedix Reports $10.8M Revenue in Q2 2023


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Israel’s Largest Acute Hospital Deploys AI-Based Triage in ED

by Fred Pennic 08/07/2023 Leave a Comment

Israel’s Largest Acute Hospital Deploys AI-Based Triage in ED

What You Should Know:  Ichilov Hospital, Israel’s largest acute-care facility Tel Aviv launches an AI-based triage pilot integration in its Sourasky Medical Center Emergency Department with Kahun, an evidence-based clinical reasoning tool for physicians.This integration will offer physicians and nurses at Tel Aviv’s Ichilov Hospital and is expected to reduce fatigue and burnout among the clinical team. First ER facility in Israel to Deploy an AI-Based Triage System By leveraging
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