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Fred Pennic, Editor-in Chief | HIT Consultant

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

Transact + CBORD Rebrands to Illumia: Greg Brown Appointed as New CEO

by Healthcare Executive Hires 12/03/2025 Leave a Comment

Transact + CBORD Names Greg Brown as CEO, Announces Rebrand to Illumia

What You Should Know:  - Transact + CBORD, following their merger in 2024, will officially rebrand as Illumia in March 2026, creating a unified technology partner for healthcare, senior living, and higher education institutions. - To lead this strategic consolidation, the company has appointed Greg Brown, former CEO of Udemy, as its new Chief Executive Officer. Brown's mandate is to leverage his expertise in scaling SaaS businesses and integrating AI to transform mission-critical
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Curative Health Raises $150M, Reaches $1.275B Valuation to Disrupt Employer Health Insurance with AI and $0 Deductibles

by Fred Pennic 12/02/2025 Leave a Comment

Curative Health Raises $150M, Reaches $1.275B Valuation to Disrupt Employer Health Insurance with AI and $0 Deductibles

What You Should Know:  - Curative Health Insurance Company, a health plan designed to replace the traditional insurance model, has raised over $150M in Series B funding, pushing its valuation to $1.275B and securing its unicorn status.  - The investment validates Curative's core offering: a $0-out-of-pocket plan that eliminates deductibles and copays for members who complete an annual preventative visit, driving a reported 30% reduction in hospitalizations.  - The capital
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Aledade Lands $500M Credit Facility to Scale Value-Based Primary Care Network

by Fred Pennic 12/02/2025 Leave a Comment

Aledade Expands Michigan Footprint with Acquisition of CCA's Value-Based Care Operations

What You Should Know:  - Aledade, the largest network of independent primary care, has secured a $500M senior secured credit facility from Ares Commercial Finance, which can expand up to $650 million.  - The financing doubles Aledade's current committed capacity , providing essential working capital flexibility to manage the timing gaps in Medicare payments and accelerate shared savings distributions to its clinician partners.  - The capital fuels the company’s continued
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Eko Health’s SENSORA Secures National CMS Payment, Paving the Way for Widespread AI Cardiac Screening

by Fred Pennic 12/02/2025 Leave a Comment

Eko Health's SENSORA Secures National CMS Payment, Paving the Way for Widespread AI Cardiac Screening

What You Should Know:  - Eko Health, a leader in AI-powered cardiac and pulmonary care, announced today that the Centers for Medicare & Medicaid Services (CMS) has finalized a national payment for its SENSORA® platform under the Outpatient Prospective Payment System (OPPS). - The landmark decision guarantees that hospitals and health systems can now receive crucial reimbursement for AI-enabled cardiac detection delivered right at the point of care in outpatient settings. The move
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Briya Joins Epic Connection Hub, Integrates w/Tanner for RWD Access Expansion

by Fred Pennic 12/02/2025 Leave a Comment

Briya Joins Epic Connection Hub, Integrates w/Tanner for RWD Access Expansion

What You Should Know:  - Briya, a health AI technology company focused on research, has expanded its reach by becoming available in the Epic Connection Hub on Showroom.  - The integration provides hospitals and health systems using Epic's EHR software with secure and efficient access to real-world data for medical research. Tanner Health System is the first provider to leverage this integration, using Briya’s platform across its Epic environment to draw insights from patient data,
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EHR Interoperability 2025: KLAS Reports Usability Gaps Hinder Data Sharing Succes

by Fred Pennic 12/01/2025 Leave a Comment

EHR Interoperability 2025: KLAS Reports Usability Gaps Hinder Data Sharing Succes

What You Should Know:  - EHR interoperability holds immense potential to improve patient care decisions, enable innovation, and reduce administrative churn. However, a new report from KLAS Healthcare IT Insights reveals that despite advancements in data-sharing technology, interoperability is still far from achieving its desired state. - The report emphasizes that true interoperability is a team effort requiring healthcare organizations, payer organizations, and vendors to work
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Avandra Health Acquires DatCard and Sorna to Build the Leading Medical Imaging Data Platform

by Fred Pennic 12/01/2025 Leave a Comment

Avandra Health Acquires DatCard and Sorna to Build the Leading Medical Imaging Data Platform

What You Should Know:  - Avandra Health, the world's largest federated network for medical imaging and clinical data, today announced the acquisition of DatCard Systems and Sorna Corporation. This strategic move is set to establish Avandra as the leading medical imaging platform, uniquely positioned to use imaging data to improve patient care across both clinical and research applications. - The acquisitions combine the critical capabilities of clinical data sharing between providers
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ATA CODE Report: 74% of Medicare Telehealth Visits Are Substitutive, Not Additive

by Fred Pennic 12/01/2025 Leave a Comment

ATA CODE Report: 74% of Medicare Telehealth Visits Are Substitutive, Not Additive

What You Should Know:  - A new, collaborative analysis conducted by the American Telemedicine Association (ATA) Center of Digital Excellence (CODE) and nine major U.S. health systems provides critical operational evidence on Medicare telehealth utilization patterns. - The findings, based on real-world data across 1.67 million Medicare beneficiaries challenge traditional assumptions by demonstrating that virtual care is overwhelmingly substitutive—replacing, rather than adding to,
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Philips Expands Light-Based Navigation and Introduces Full AI Spectral CT and Helium-Free 3.0T MRI

by Fred Pennic 12/01/2025 Leave a Comment

Philips Expands Light-Based Navigation and Introduces Full AI Spectral CT and Helium-Free 3.0T MRI

What You Should Know:  - Philips announced a triple suite of major innovations at RSNA 2025, reinforcing its commitment to safety, precision, and sustainability in diagnostic imaging and image-guided therapy.  - The announcements include the wider commercial availability of LumiGuide 3D Device Guidance, the launch of the Verida AI-powered spectral CT system, and the introduction of the BlueSeal Horizon 3.0T MRI platform featuring the world’s first helium-free 3.0T magnet. I.
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RapidAI Secures FDA Clearance for Five New Deep Clinical AI Modules, Expanding Enterprise Imaging Platform

by Fred Pennic 11/26/2025 Leave a Comment

RapidAI Secures FDA Clearance for Five New Deep Clinical AI Modules, Expanding Enterprise Imaging Platform

What You Should Know:  - RapidAI, a pioneer in deep clinical AI, announced U.S. FDA clearance for five new imaging modules—Rapid DeltaFuse™, Rapid LMVO, Rapid MLS, Rapid OH, and Rapid Aortic for measurement.  - The expansion reinforces the Rapid Enterprise™ Platform’s focus on bringing deep clinical intelligence and seamless workflow integration across the entire patient journey. Deep Clinical AI: Shifting Beyond Triage to Full Patient Management RapidAI’s latest FDA clearances
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