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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sanofi Acquires Vicebio for $1.15B, Bolstering Vaccine Pipeline

by Fred Pennic 07/22/2025 Leave a Comment

Sanofi Acquires Vicebio for $1.15B, Bolstering Vaccine Pipeline

What You Should Know:  - Sanofi has entered into an agreement to acquire Vicebio Ltd (“Vicebio”), a privately held biotechnology company headquartered in London, UK. The acquisition expands Sanofi’s capabilities in vaccine design and development with Vicebio’s innovative ‘Molecular Clamp’ technology and brings an early-stage combination vaccine candidate for respiratory syncytial virus (RSV) and human metapneumovirus (hMPV) into its pipeline. - The vaccine candidate complements
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MacroHealth Acquires ClearCost Health, Establishes Intelligent Marketplace for Healthcare Price Transparency

by Fred Pennic 07/22/2025 Leave a Comment

MacroHealth Acquires ClearCost Health, Establishes Intelligent Marketplace for Healthcare Price Transparency

What You Should Know:  - MacroHealth, a healthcare technology company offering an intelligent healthcare marketplace for payers and their vendor partners acquires ClearCost Health, a leader in provider search and price transparency solutions. Financial details of the acquisition were not disclosed. - The acquisition aims to empower health plans, third-party administrators (TPAs), employers, and their partners with enhanced tools for transparency in healthcare pricing and network
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Omni Health Launches Smart Wearable Ring with AI-Powered Daily Plans and EnerQi™ Metric

by Fred Pennic 07/22/2025 Leave a Comment

Omni Health Launches Smart Wearable Ring with AI-Powered Daily Plans and EnerQi™ Metric

What You Should Know:  - Omni Health, an emerging health technology company, today announced the launch of its Omni Health Ring smart wearable. The Omni Health Ring generates an AI-powered daily plan across food, movement, and rest, personalized to the wearer’s body signals.  - The new device aims to function as a "holistic health coach" on one’s finger. The company is also introducing a new health metric called EnerQi™—a comprehensive, industry-first dynamic health index that
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DrFirst Appoints Laizer Kornwasser as CEO

by Healthcare Executive Hires 07/22/2025 Leave a Comment

DrFirst Appoints Laizer Kornwasser as CEO

What You Should Know:  - DrFirst announced the appointment of Laizer Kornwasser as its new Chief Executive Officer, effective July 21, 2025. Kornwasser, a transformative healthcare executive with a proven track record of driving rapid growth, will lead DrFirst as it continues to build on 25 years of leadership in medication management solutions. - G. Cameron Deemer, who has served as CEO since 2023 and president for 15 years, will transition to supporting the company’s strategic
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KLAS Arch Collaborative Physician Guidebook 2025: EHR Pain Points and Success Strategies

by Fred Pennic 07/21/2025 Leave a Comment

KLAS Arch Collaborative Physician Guidebook 2025: EHR Pain Points and Success Strategies

What You Should Know:  - The KLAS Arch Collaborative has released its "Physician Guidebook 2025," offering comprehensive insights into how healthcare organizations can improve the Electronic Health Record (EHR) experience for physicians. Drawing on feedback from over 52,000 physicians, the guidebook provides actionable strategies to prevent burnout, boost efficiency, and ensure EHRs truly support quality patient care. - The Arch Collaborative is a group of nearly 300 healthcare
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Profusa Initiates Bitcoin Treasury Strategy with $100M Funding

by Fred Pennic 07/21/2025 Leave a Comment

Profusa Initiates Bitcoin Treasury Strategy with $100M Funding

What You Should Know:  - Profusa, a commercial-stage digital health company specializing in continuous biochemical monitoring, today announced it is initiating a Bitcoin treasury strategy.  - The strategic move is being executed via a Securities Purchase Agreement (the “ELOC”) with Ascent Partners Fund LLC, under which Ascent will purchase up to $100,000,000 of Profusa’s Common Stock. A key aspect of this strategy is that 100% of the net proceeds will be used to purchase Bitcoin,
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Beyond Disruption: 4 Key Strategies for Healthcare Providers to Thrive Under OBBBA

by Fred Pennic 07/21/2025 Leave a Comment

Beyond Disruption: 4 Key Strategies for Healthcare Providers to Thrive Under OBBBA

What You Should Know:  - The U.S. healthcare landscape is facing a transformative moment with the signing of H.R. 1, the “One Big Beautiful Bill Act” (OBBBA), into law on July 4. This landmark legislation introduces sweeping changes to Medicaid and Medicare, as well as Affordable Care Act (ACA) subsidies. - According to Tamyra Porter, Managing Director of Regulatory Advisory Practice at Premier, these shifts present both significant challenges and a rare inflection point for
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Health IT’s New Chapter: IPOs Return, Resilient M&A, Valuations Rise in 1H 2025

by Fred Pennic 07/18/2025 Leave a Comment

Health IT Sector Navigates Policy Turbulence with Resilient M&A

What You Should Know:  - The first half of 2025 presented a volatile backdrop of policy shocks and economic uncertainty, yet the Health IT sector demonstrated remarkable resilience, seeing a rebound in M&A valuations and a surge in AI adoption, according to a new report from Healthcare Growth Partners (HGP). - The HGP July 2025 Health IT Market Review highlight these dynamic trends, alongside evolving EHR markets in Asia/Oceania and the transformative impact of ambient
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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

by Fred Pennic 07/18/2025 Leave a Comment

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

What You Should Know: - The U.S. healthcare system is entering 2026 with medical cost trends reminiscent of 15 years ago, facing persistent inflationary forces and significant federal policy changes, according to a  new report from PwC.  - The report, "Medical Cost Trend: Behind the Numbers 2026," projects the Group medical cost trend to remain at 8.5% in 2026 (the same level as 2025) and the Individual market trend at 7.5%. Pharmacy costs are a particular concern, projected 2.5
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Navigating Clinical Trials: Physicians Face Major Hurdles in Accessing Innovative Treatments

by Fred Pennic 07/18/2025 Leave a Comment

Navigating Clinical Trials: New Report Reveals Physicians Face Major Hurdles in Accessing Innovative Treatments

What You Should Know:  - myTomorrows, a global health technology company connecting patients and physicians with pre-approval treatments, published a new data report, "Searching for solutions: How physicians navigate trial access and technology."  - Based on a survey of 100 U.S.-based healthcare professionals, the report reveals that 61% of physicians find the process of identifying and accessing relevant clinical trials difficult, and 72% specifically find clinical trial
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