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Fred Pennic, Editor-in Chief | HIT Consultant

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

John Snow Labs Unveils New AI-Powered HCC Coding Engine

by Fred Pennic 04/22/2025 Leave a Comment

John Snow Labs Unveils New AI-Powered HCC Coding Engine

What You Should Know:  - John Snow Labs, a company specializing in artificial intelligence for healthcare, today announced the launch of its new, end-to-end Hierarchical Condition Category (HCC) coding engine. - Introduced during the company’s annual Healthcare NLP Summit, this solution is engineered to assist healthcare providers and payers in significantly improving risk adjustment accuracy and strengthening revenue integrity. Addressing Critical Gaps in Risk
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Leidos to Invest $10M in University of Pittsburgh for AI Disease Detection

by Fred Pennic 04/21/2025 Leave a Comment

Leidos to Invest $10M in University of Pittsburgh for AI Disease Detection

What You Should Know:  - Leidos is committing $10M to a five-year collaboration with the University of Pittsburgh's Computational Pathology and AI Center of Excellence (CPACE) to accelerate the development and use of artificial intelligence (AI) in detecting and managing diseases. - The partnership aims to create AI-powered tools for quicker disease detection, including heart disease and cancer, reduce diagnostic turnaround times, and enable earlier, more effective care
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Wasteful Spending on Remote Monitoring? New Report Urges Policy Overhaul

by Fred Pennic 04/18/2025 Leave a Comment

Wasteful Spending on Remote Monitoring? New Report Urges Policy Overhaul

What You Should Know:  - A newly released report from the Peterson Center on Healthcare offers critical guidance for policymakers navigating the rapidly expanding landscape of remote monitoring technologies.  - Synthesizing findings from three in-depth evaluations of digital health tools by the Peterson Health Technology Institute (PHTI) and analyzing trends in Medicare and Medicaid billing, the report sounds a timely alarm. It underscores the urgent need for a policy
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McKesson Launches Precision Care Companion for Biomarker-Driven Cancer Care

by Fred Pennic 04/18/2025 Leave a Comment

McKesson Launches Precision Care Companion for Biomarker-Driven Cancer Care

What You Should Know:  - McKesson has unveiled the Precision Care Companion (PCC), a transformative initiative designed to tackle the multifaceted challenges that healthcare practices face in the rapidly evolving landscape of genomic testing and targeted therapies.  - The Precision Care Companion is structured as a consortium of leading industry experts, spearheaded by McKesson. This collaborative model is intentionally designed to foster a dynamic environment that unites a diverse
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Caregentic Appoints Russ Johannesson as CEO to Lead Expansion

by Healthcare Executive Hires 04/18/2025 Leave a Comment

Caregentic Appoints Russ Johannesson as CEO to Lead Expansion

What You Should Know:  - Caregentic, an AI-native patient automation platform focused on streamlining clinician workflows, has announced the appointment of Russ Johannesson as its new Chief Executive Officer (CEO). - Johannesson is a seasoned healthcare executive with over three decades of experience in scaling high-growth health tech companies. His expertise spans AI, digital health, and commercial operations, making him well-suited to lead Caregentic's national and international
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Researchers Develop AI Model to Detect Malaria Using NVIDIA

by Fred Pennic 04/18/2025 Leave a Comment

Researchers Develop AI Model to Detect Malaria Using NVIDIA

What You Should Know:  - A team of researchers at the intersection of medicine and technology has harnessed the power of artificial intelligence (AI) and NVIDIA GPUs to develop a new AI solution.  - Their recent publication in the prestigious journal Nature details the creation of a sophisticated convolutional neural network (CNN) specifically designed for the automated detection of malaria parasites in blood samples. Venezuela's Malaria Resurgence While the glint of gold has
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KLAS Report: Global Healthcare IT Investments and Trends for 2025

by Fred Pennic 04/17/2025 Leave a Comment

KLAS Report: Global Healthcare IT Investments and Trends for 2025

What You Should Know:  - A recent report by KLAS Research highlights the key trends shaping healthcare IT investments across the globe in 2025.  - The study, which involved interviews with 174 healthcare organizations across 39 countries and territories (excluding the US), reveals a significant shift in priorities, with AI and analytics taking center stage. The findings also shed light on the increasing adoption of cloud technologies and the evolving role of consulting firms in
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Protecting Margins in Home-Based Care with Smarter Revenue Cycle Management

by Meghan May, Senior Manager of Client Success, TES, at Homecare Homebase 04/17/2025 Leave a Comment

Protecting Margins in Home-Based Care with Smarter Revenue Cycle Management

Healthcare providers are heading into another year where financial uncertainty remains a top concern. While many for-profit and nonprofit organizations reported improved margins in 2024, industry analysts warn that rising expenses and process inefficiencies could put those gains at risk. Home-based care agencies, in particular, continue to face workforce shortages, changing reimbursement structures and administrative challenges – making revenue cycle management (RCM) a critical tool for
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Brellium Raises $16.7M to Power AI-Driven Compliance for Healthcare

by Fred Pennic 04/17/2025 Leave a Comment

Brellium Raises $16.7M to Power AI-Driven Compliance for Healthcare

What You Should Know:  - Brellium, the AI-powered clinical and payor compliance platform helping healthcare organizations streamline chart audits and reduce clinical risk, has secured $16.7M in Series A funding led by First Round Capital, Left Lane Capital, and Menlo Ventures, with participation from Digital Health Venture Partners and Necessary Ventures.  - The funding will fuel team growth, product development, and broader adoption across healthcare segments like mental health,
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Commonwealth Healthcare Corporation to Deploy MEDITECH Expanse EHR

by Fred Pennic 04/17/2025 Leave a Comment

Commonwealth Healthcare Corporation to Deploy MEDITECH Expanse EHR

What You Should Know:  - The Commonwealth Healthcare Corporation (CHCC) in Saipan, CNMI, has chosen MEDITECH Expanse as its new Electronic Health Record (EHR) system platform.  - CHCC's adoption of Expanse aligns with its strategic goal of establishing a patient-centered healthcare model that emphasizes individual patient needs and strengthens care coordination throughout its network Advance Patient-Centered Care with MEDITECH Expanse EHR MEDITECH Expanse will provide CHCC
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