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Fred Pennic, Editor-in Chief | HIT Consultant

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

Hospital M&A Activity Rises in Q2 2025, While Financial Performance Remains Stable Despite Challenges

by Fred Pennic 07/10/2025 Leave a Comment

Hospital M&A Activity Rises in Q2 2025, While Financial Performance Remains Stable Despite Challenges

What You Should Know:  - Mergers and acquisitions (M&A) for hospitals and health systems saw an uptick in the second quarter of 2025, rising to eight transactions from the previous quarter’s five, according to Kaufman Hall’s latest analysis. Simultaneously, new data from Kaufman Hall’s May 2025 National Hospital Flash Report reveals that hospitals’ financial and operational performance, while slightly less robust than in prior months, remained stable overall. - These trends unfold
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Rush University System for Health Partners with Fabric to Launch AI-Powered On-Demand Care Platform

by Fred Pennic 07/10/2025 Leave a Comment

Rush University System for Health Partners with Fabric to Launch AI-Powered On-Demand Care Platform

What You Should Know:  - Fabric, a provider of care delivery and consumer experience announced a strategic partnership with Rush University System for Health, Chicago’s first healthcare institution. The collaboration will power Rush Connect and Rush Connect+, the academic health system’s new platform for on-demand and subscription-based digital-first access to care.  - Utilizing Fabric’s AI assistant and virtual care platform, Rush Connect aims to deliver faster and easier
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Zyter|TruCare Appoints Sundar Subramanian as CEO

by Healthcare Executive Hires 07/10/2025 Leave a Comment

Zyter|TruCare Appoints Sundar Subramanian as CEO

What You Should Know:  - Zyter|TruCare, a provider of widely used population health management technology and services for health plans and managed care organizations announced the appointment of Sundar Subramanian as its new Chief Executive Officer. - In this role, Mr. Subramanian will lead Zyter|TruCare’s further expansion into AI-orchestrated, transformational population health management, combining technology and expert services to rewire systems of work that remove silos and
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Navigating the Policy Fog: Healthcare Organizations Adapt to Unprecedented Uncertainty in 2025

by Fred Pennic 07/09/2025 Leave a Comment

Navigating the Policy Fog: Healthcare Organizations Adapt to Unprecedented Uncertainty in 2025

What You Should Know:  - Healthcare delivery organizations (HDOs) are grappling with significant financial, legal, and operational challenges stemming from proposed economic and healthcare policy changes from Congress and the new administration, according to a new KLAS report. This high level of uncertainty, intensified by unrecovered pre-COVID margins, staffing shortages, and rising costs, is forcing HDOs to proactively adapt their strategies. - The report, "Navigating the
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US Hospitals Show Strong Engagement in Public Health Data Reporting Amidst Persistent Challenges

by Fred Pennic 07/09/2025 Leave a Comment

US Hospitals Show Strong Engagement in Public Health Data Reporting Amidst Persistent Challenges

What You Should Know:  - A new brief utilizing the latest 2024 Health Information National Trends Survey (HINTS) data reveals significant progress in patient and caregiver access to online medical records and patient portals. The report also highlights that nearly all non-federal acute care hospitals in the U.S. were engaged in electronic public health reporting in 2024, a crucial step in modernizing public health data exchange. However, despite marked progress, more than 8 in 10
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CoreViva Launches Flagship Whole-Body MRI Clinic in Newport Beach

by Fred Pennic 07/09/2025 Leave a Comment

CoreViva Launches Flagship Whole-Body MRI Clinic in Newport Beach

What You Should Know:  - CoreViva, a physician-founded and physician-backed whole-body MRI clinic, today announced the opening of its flagship location in Newport Beach, now open for patient bookings.  - Founded by radiologists Dr. A. Alexander and Dr. Brian Tsui, along with engineer and product leader Adam Jiang, CoreViva MRI scans are designed for early detection of cancer, aneurysms, joint disease, reproductive issues, and hundreds of other conditions before symptoms manifest.
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Corti Launches Europe’s First Sovereign Healthcare AI Infrastructure

by Fred Pennic 07/09/2025 Leave a Comment

Corti Launches Medical Dictation API, Democratizing Access

What You Should Know:  - Corti, an AI infrastructure provider for healthcare, announced the launch of its sovereign cloud capabilities that will enable Europe’s health systems to adopt advanced, real-time AI without compromising the region’s strict data privacy laws. The launch marks Corti as the first major healthcare AI company to engineer infrastructure specifically designed for regulated markets. - With a projected global shortage of 10 million healthcare workers by 2030,
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Samsung Acquires Xealth to Accelerate Connected Care Vision

by Fred Pennic 07/08/2025 Leave a Comment

Samsung Acquires Xealth to Accelerate Connected Care Vision

What You Should Know:  - Samsung Electronics Co., Ltd. today announced it has signed an agreement to acquire Xealth, a leading healthcare integration platform. Financial details of the acquisition were not disclosed.  - The strategic acquisition will significantly advance Samsung’s transformation into a connected care platform, aiming to bridge wellness and medical care for a seamless, holistic, and hyper-personalized approach to preventative health for as many people as
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Remo Health and Cleveland Clinic ACO Launch Pilot to Deliver Comprehensive Virtual Dementia Care

by Fred Pennic 07/08/2025 Leave a Comment

Remo Health and Cleveland Clinic ACO Launch Pilot to Deliver Comprehensive Virtual Dementia Care

What You Should Know:  - Remo Health, a virtual dementia care provider, and the Cleveland Clinic Medicare Accountable Care Organization (ACO) today announced a pilot initiative to deliver comprehensive support to eligible patients living with dementia and their caregivers. The strategic pilot focuses on improving the quality of care for Medicare patients while lowering costs. - The collaboration will provide robust resources and personalized care, which is especially crucial for rural
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Naviant Acquires Amitech Solutions, Expanding Intelligent Automation

by Fred Pennic 07/08/2025 Leave a Comment

Naviant Acquires Amitech Solutions, Expanding Intelligent Automation

What You Should Know:  - Naviant, an intelligent automation and process consulting announced its acquisition of Amitech Solutions, an award-winning healthcare-focused services firm specializing in intelligent automation, AI, and data analytics.  - The strategic acquisition aims to enhance Naviant's capabilities in the intelligent automation industry, solve complex problems, and deliver exceptional outcomes for their customers. Amitech, headquartered in St. Louis, MO, is also a
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