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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Strive Health Promotes New COO & Appoints New President

by Healthcare Executive Hires 04/17/2025 Leave a Comment

Strive Health Promotes New COO & Appoints New President

What You Should Know:  - Strive Health, a national leader in value-based kidney care, has announced strategic expansions to its executive leadership team.  - The executive appointments further strengthen the company's operations, enhance customer success, and drive continued growth in the delivery of specialized kidney care.   Paul Marchetti Appointed President The company has named Paul Marchetti as its new President. In this role, Marchetti will be responsible
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Surescripts Health Information Network Designated as a Qualified Health Information Network (QHIN)

by Fred Pennic 04/17/2025 Leave a Comment

Surescripts Secures Investment from TPG to Accelerate Healthcare Innovation

What You Should Know:  - Surescripts Health Information Network, a subsidiary of Surescripts®, today announced its designation as a Qualified Health Information Network® (QHIN) by the Recognized Coordinating Entity® (RCE®), The Sequoia Project, Inc. - The designation allows Surescripts Health Information Network to facilitate nationwide health data exchange under the governance of the Trusted Exchange Framework and Common Agreement (TEFCA) policies and technical requirements.
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

by Fred Pennic 04/16/2025 Leave a Comment

GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

What You Should Know:  - GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.  - The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence.  Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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