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Fred Pennic, Editor-in Chief | HIT Consultant

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

MedeAnalytics, Socially Determined, and Mathematica Join Forces to Quantify the Impact of Social Determinants of Health

by Fred Pennic 04/08/2025 Leave a Comment

MedeAnalytics, Socially Determined, and Mathematica Join Forces to Quantify the Impact of Social Determinants of Health

What You Should Know:  - MedeAnalytics, a healthcare enterprise data enrichment platform and analytics software-as-a-service (SaaS) provider, today announced a collaboration with Socially Determined and Mathematica.  - The strategic partnership aims to revolutionize the way the healthcare industry measures, validates, and understands the financial impact of interventions targeting social determinants of health (SDOH). Transform Social Determinants of Health
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Unlearn Appoints Krates Ng as Chief Technology Officer

by Healthcare Executive Hires 04/08/2025 Leave a Comment

Unlearn Appoints Krates Ng as Chief Technology Officer

What You Should Know:  - Unlearn®, a frontrunner in the application of artificial intelligence (AI) to revolutionize clinical trials, announced the appointment of Krates Ng as its new Chief Technology Officer (CTO).  - In his new role, Ng will be instrumental in building the technical and operational infrastructure necessary to support Unlearn’s ongoing commercial expansion of its cutting-edge AI technologies. He will work collaboratively across various departments to ensure the
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Rock Health: U.S. Digital Health Funding Reaches $3B in Q1 2025

by Fred Pennic 04/07/2025 Leave a Comment

Rock Health: U.S. Digital Health Funding Reaching $3B in Q1 2025

What You Should Know:  - In the first quarter of 2025, U.S. digital health funding reached $3.0B across 122 deals with the average deal size rising from $15.5M in Q4 2024 to $24.4M in Q1 2025, according to the latest report from Rock Health. The Rock Health report reveals the funding landscape in Q1 2025 continued to exhibit a "David and Goliath" scenario, with early-stage startups dominating deal count and larger companies or startups backed by major funders leading in significant
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DHL Group to Invest $2.2B in DHL Health Logistics by 2030

by Fred Pennic 04/07/2025 Leave a Comment

DHL Group to Invest $2.2B in DHL Health Logistics by 2030

What You Should Know:  - DHL Group has announced a significant investment of $2.2B (€2B) by 2030 to strengthen its logistics capabilities in the life sciences and healthcare sector.  - The strategic investment aims to support the company's "Strategy 2030" and enhance its ability to assist healthcare customers in expanding their operations, fostering innovation, and improving patient care on a global scale.  DHL Health Logistics Investment Focus A substantial portion of
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Google Cloud and Seattle Children’s Partner to Develop AI-Powered ‘Pathway Assistant’

by Fred Pennic 04/07/2025 Leave a Comment

Google Cloud and Seattle Children's Partner to Develop AI-Powered 'Pathway Assistant'

What You Should Know:  - Seattle Children's Hospital has announced a collaboration with Google Cloud to create Pathway Assistant, an AI-powered tool designed to improve healthcare providers' access to critical medical information. - In a collaboration with Google Cloud, CSW pathways will be made more readily accessible to healthcare providers through the development of 'Pathway Assistant'. This AI agent is designed to streamline access to essential, evidence-based information within
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Clover Health Appoints Dr. Shelly Gupta as Chief Medical Officer

by Healthare Executive Hires 04/07/2025 Leave a Comment

Clover Health Appoints Dr. Shelly Gupta as Chief Medical Officer

What You Should Know:  - Clover Health Investments, Corp. today announced the appointment of Dr. Shelly Gupta as its new Chief Medical Officer (CMO).   - In his role as CMO, Dr. Gupta will be responsible for overseeing Clover’s clinical operations, quality initiatives, pharmacy operations, and precision-based chronic disease management programs. His focus will be on promoting patient choice, provider autonomy, and the delivery of transparent, value-driven healthcare. Dr.
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K Health + Cedars Sinai Study Reveals AI Outperforms Doctors in Medical Accuracy

by Fred Pennic 04/04/2025 Leave a Comment

K Health + Cedars Sinai Study Reveals AI Outperforms Doctors in Medical Accuracy

What You Should Know:  - A new study published in Annals of Internal Medicine from K Health – a Clinical AI platform has shed light on the potential of artificial intelligence (AI) to enhance the quality of care in virtual urgent care settings.  - The retrospective cohort study, conducted at Cedars-Sinai Connect, an AI-assisted virtual urgent care clinic, compared the initial diagnostic and management recommendations generated by AI with the final decisions made by physicians who
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Report: Not-for-Profit Hospitals See Margin Improvements in 2025

by Fred Pennic 04/04/2025 Leave a Comment

Report: Not-for-Profit Hospitals See Margin Improvements in 2025

What You Should Know:  - Fitch Ratings has released a report revealing an improvement in the median financial performance of Fitch-rated not-for-profit (NFP) hospitals and healthcare systems with early fiscal year ends (FYE) in 2024, compared to the previous year.  - While this positive trend suggests a potential stabilization, full calendar year (CY) 2024 medians are expected to remain below pre-pandemic levels. NFP Median Operating Margin for Providers Specifically, the
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Daymark Health Launches with $11.5M to Redefine Cancer Care

by Fred Pennic 04/03/2025 Leave a Comment

Daymark Health Launches with $11.5M to Redefine Cancer Care

What You Should Know:  - Daymark Health, a company aiming to redefine the cancer care experience, has publicly launched with an $11.5M in seed funding co-led by Maverick Ventures and Yosemite, with additional participation from Oncology Ventures.  Daymark was launched out of Healthcare Foundry, with Robert Pahlavan and Jonathan Rhodes as co-founders leading thesis development. - The company began operations this year in partnership with a leading payer in the Northeast, providing
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GoodRx Launches E-commerce Experience for Retail Pharmacies

by Fred Pennic 04/03/2025 Leave a Comment

GoodRx Launches E-commerce Experience for Retail Pharmacies

What You Should Know:  - GoodRx, a platform for medication savings in the U.S., today announced a new e-commerce experience for retail pharmacies, designed to improve how consumers obtain their medications through the GoodRx platform. The company is initially launching this experience with the Midwest-based retailer Hy-Vee.   - GoodRx's e-commerce capability bridges online consumer engagement with prescription fulfillment, demonstrating the company's commitment to reducing
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