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Fred Pennic, Editor-in Chief | HIT Consultant

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

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

by Fred Pennic 07/17/2025 Leave a Comment

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

What You Should Know:  - Philips announced the launch of the Philips ECG AI Marketplace, a new platform that provides cardiac care teams with a central location to access multiple vendor offerings, simplifying the management and implementation of AI-powered diagnostic tools.  - Anumana, an AI-driven health technology company focused on transforming cardiac care, is the first organization to leverage this platform, with its FDA-cleared ECG-AI™ LEF (Low Ejection Fraction) algorithm
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Define Ventures Report Reveals Pharma Accelerates AI Investment for Enterprise-Scale Deployment

by Fred Pennic 07/17/2025 Leave a Comment

Define Ventures Report Reveals Pharma Accelerates AI Investment for Enterprise-Scale Deployment

What You Should Know:  - Define Ventures, one of the largest venture capital firms focused on early-stage health tech companies, today released a report revealing how Big Pharma is accelerating investment in AI to counter rising cost pressure, regulatory shifts, and growing competitive urgency.  - The report is based on in-depth surveys and interviews with over 40 executives, including leaders from 16 of the top 20 pharma companies and major players like Amazon Web Services,
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Advocate Health to Deploy Aidoc’s FDA-cleared AI Algorithms With It’s Clinical Imaging Workflows

by Fred Pennic 07/17/2025 Leave a Comment

Advocate Health to Deploy Aidoc’s FDA-cleared AI Algorithms With It’s Clinical Imaging Workflows

What You Should Know:  - Advocate Health, the nation’s third-largest nonprofit integrated health system, has announced an agreement with Aidoc to expand the use of its AI platform. Following a successful pilot study, this expansion aims to support faster diagnosis, earlier intervention, and more connected delivery of care for patients across its network.  - Advocate Health will leverage Aidoc’s aiOS™ platform to embed FDA-cleared AI algorithms into its clinical imaging workflows,
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OpenEvidence Secures $210M, Launches Free AI Agent for Clinicians

by Fred Pennic 07/16/2025 Leave a Comment

OpenEvidence Secures $210M, Launches Free AI Agent for Clinicians

What You Should Know:  - OpenEvidence, the most widely used medical search and AI application among verified U.S. clinicians raises $210M in Series B funding round, valuing the company at $3.5 billion. The round was co-led by Google Ventures and Kleiner Perkins, with follow-on investment from Series A leader Sequoia Capital, and additional participation from Coatue, Conviction, and Thrive. OpenEvidence has now raised over $300M since its founding. - OpenEvidence is rapidly
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American Heart Association Ventures™ Invests in Auxira Health to Transform Cardiology Care

by Fred Pennic 07/16/2025 Leave a Comment

American Heart Association Ventures™ Invests in Auxira Health to Transform Cardiology Care

What You Should Know:  - Auxira Health, a virtual cardiology platform announced a strategic collaboration with and investment from American Heart Association Ventures™, the venture capital arm of the American Heart Association®. Both organizations share a commitment to improving patient outcomes by better aligning incentives between providers and patients. - Auxira, initially co-developed by MedStar Health and Abundant Venture Partners, launched earlier this year to address the
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Sheba Medical, Hippocratic AI Partner to Deploy Generative AI Agents

by Fred Pennic 07/16/2025 Leave a Comment

Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care

What You Should Know:  - Hippocratic AI, a global leader in generative AI healthcare agents announced a strategic partnership with Sheba Medical Center, a global beacon of medical innovation and research. - As part of this partnership, Hippocratic AI will also join the ARC ecosystem, a global network comprising leading hospitals, researchers, and innovation organizations, opening doors to new pathways for meaningful impact within the network. Advancing a Shared Vision for
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ZeOmega Partners with Massachusetts Health Data Consortium to Launch Nation’s First Statewide FHIR-Based Prior Authorization System

by Fred Pennic 07/16/2025 Leave a Comment

ZeOmega Partners with Massachusetts Health Data Consortium to Launch Nation's First Statewide FHIR-Based Prior Authorization System

What You Should Know:  - ZeOmega®, a population health and interoperability technology company announced it has been selected by the Massachusetts Health Data Consortium (MHDC), a nonprofit advancing health data sharing, to transform prior authorization and clinical data exchange across Massachusetts.  - The initiative creates the nation’s first statewide FHIR®-based system designed to streamline communication between payers and providers, reducing administrative burdens and
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Elsevier’s Clinician of the Future 2025 Report: AI’s Rapid Ascent in Healthcare Amidst Clinician Pressures

by Fred Pennic 07/15/2025 Leave a Comment

Elsevier's Clinician of the Future 2025 Report: AI's Rapid Ascent in Healthcare Amidst Clinician Pressures

What You Should Know:  - The 4th annual Elsevier Clinician of the Future report reveals a remarkable acceleration in the adoption and impact of Artificial Intelligence (AI) in healthcare.  - Based on a global survey of over 2,000 clinicians, the report highlights AI's growing role in addressing persistent challenges like clinician burnout, increasing patient demand, and fragmented care, while also shedding light on evolving perceptions and regional differences. Current State
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Ultrahuman Launches Blood Vision Nationwide, Enhances Health Tracking with Wearable Data Integration

by Fred Pennic 07/15/2025 Leave a Comment

Ultrahuman Launches Blood Vision Nationwide, Enhances Health Tracking with Wearable Data Integration

What You Should Know:  - Ultrahuman, the pioneering health optimization company behind the Ultrahuman Ring and M1 (an advanced Continuous Glucose Monitoring platform), today announced the nationwide expansion of Blood Vision, now available across 48 U.S. states.  - Unlike traditional blood testing services that offer static snapshots, Blood Vision combines deep biomarker analysis with real-time wearable data to create the most advanced consumer-facing system for longitudinal health
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Fruit Street Health Cleared: SEC Investigation Concludes with No Action

by Fred Pennic 07/15/2025 Leave a Comment

Fruit Street Health Cleared: SEC Investigation Concludes with No Action

What You Should Know:  - Fruit Street Health announced that it has received a letter from the Securities and Exchange Commission ("SEC") confirming the conclusion of the SEC's investigation into the company. The letter states that the SEC enforcement staff does not intend to recommend any action by the SEC against Fruit Street Health. - This announcement allows Fruit Street Health to continue its focus on its public benefit mission: serving the 1 in 3 Americans with prediabetes and
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