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Fred Pennic, Editor-in Chief | HIT Consultant

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

Nurse Burnout Capitals: New Report Reveals Top 10 States for Burnout Risk

by Fred Pennic 06/09/2025 Leave a Comment

Nurse Burnout Capitals: New Report Reveals Top 10 States for Burnout Risk

What You Should Know:  - A new study from Nursa has identified the U.S. states where nurses are most likely to experience burnout, with Colorado topping the list. The analysis reveals surprising insights into how factors like compensation, job satisfaction, patient load, and cost of living intersect to impact nurses across the country. - With nearly a third (31.5%) of U.S. registered nurses leaving the profession due to burnout, experts at Nursa developed a comprehensive burnout score
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Omada Health Soars in NASDAQ Debut, Signaling Digital Health IPO Rebound

by Fred Pennic 06/06/2025 Leave a Comment

Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

What You Should Know:  - Omada Health, a virtual-first provider for chronic conditions, made a stellar public debut on the NASDAQ today, in a move that signals renewed investor confidence in the digital health market. The company's stock, trading under the ticker "OMDA," opened at $23 per share, a significant 21% jump from its initial public offering price of $19. The offering raised $150M. - The successful launch marks a pivotal moment for the industry, following on the heels of
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Canid Raises $10M to Streamline Pediatric Vaccine Management for Independent Practices

by Fred Pennic 06/06/2025 Leave a Comment

Canid Raises $10M to Streamline Pediatric Vaccine Management for Independent Practices

What You Should Know:  - Canid, the healthcare technology company dedicated to simplifying pediatric vaccine management secures $10M in Series A funding round led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB, and others.  - The new funding brings Canid's total capital raised to $12.9M. Canid plans to use the funding to fuel the company's expansion as it supports a growing number of independent pediatricians across the U.S. - The
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Medical Debt Crisis: Are Inconsistent Hospital Policies Putting Patients at Risk?

by Fred Pennic 06/06/2025 Leave a Comment

Medical Debt Crisis: Are Inconsistent Hospital Policies Putting Patients at Risk?

What You Should Know:  - A new report from the Lown Institute, an independent healthcare think tank, highlights significant inconsistencies in financial assistance and collection practices across 2,500 U.S. hospitals. These disparities create a confusing landscape for patients, potentially leading to medical debt, as eligibility for free or discounted care can vary dramatically even between nearby facilities. - The Lown Institute's research indicates that while hospitals are expected
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Ultrahuman Launches ‘Home’ Device for Advanced Environmental Health Monitoring

by Fred Pennic 06/06/2025 Leave a Comment

Ultrahuman Launches 'Home' Device for Advanced Environmental Health Monitoring

What You Should Know:  - Ultrahuman today announced the public launch of Ultrahuman Home, a pioneering home health monitoring device designed to redefine how individuals experience and optimize their living spaces.  - Now available on Ultrahuman.com, the device offers continuous, real-time insights into environmental health, empowering users to create homes that actively support their well-being. Reimagining Indoor Health and Well-being Homes are pivotal spaces where
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Palantir + TeleTracking Partner to Power Smarter Hospital Operations

by Fred Pennic 06/06/2025 Leave a Comment

Palantir + TeleTracking Partner to Power Smarter Hospital Operations

What You Should Know:  - TeleTracking Technologies, the market leader in Healthcare Operations Platforms, and Palantir Technologies, a leader in artificial intelligence systems announced a strategic partnership aimed at transforming operational decision-making in healthcare and delivering long-term value to providers globally. - The collaboration will integrate TeleTracking's industry-leading platform, Operations IQ, with Palantir's advanced analytics and AI-powered operating system,
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RadNet Acquires See-Mode Technologies to Bolster AI Capabilities in Ultrasound Imaging

by Fred Pennic 06/05/2025 Leave a Comment

RadNet Acquires See-Mode Technologies to Bolster AI Capabilities in Ultrasound Imaging

What You Should Know:  - RadNet, Inc., a national leader in diagnostic imaging services acquires See-Mode Technologies PTE LTD ("See-Mode"), a global innovator in artificial intelligence (AI) for ultrasound imaging. Financial details of the acquisition were not disclosed. - The strategic move is set to enhance RadNet's digital health solutions, offered through its wholly-owned subsidiary DeepHealth, by integrating See-Mode's advanced AI technology for ultrasound applications,
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Serve You Rx Adds Two New Biosimilars to its Formulary

by Fred Pennic 06/05/2025 Leave a Comment

Serve You Rx Adds Two New Biosimilars to its Formulary

What You Should Know:  - Serve You Rx announced today the inclusion of two newly approved biosimilars to Stelara® (ustekinumab) – Otulfi™ (ustekinumab-aauz) and Yesintek™ (ustekinumab-face) – to its Biosimilar Advantage Formulary. This move is set to deliver substantial savings for self-funded employers and health-plan sponsors while maintaining therapeutic benefits for patients with conditions like Crohn's disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis. -
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Perimeter Medical Launches OCT-Tissue Surveillance Registry to Advance AI in Surgical Imaging

by Fred Pennic 06/05/2025 Leave a Comment

Perimeter Medical Launches OCT-Tissue Surveillance Registry to Advance AI in Surgical Imaging

What You Should Know:  - Perimeter Medical Imaging AI, Inc., a medical technology company, is set to advance the capabilities of its surgical imaging solutions with the establishment of the OCT-Tissue Surveillance Registry.  - The database will compile thousands of images and crucial data points from surgeries where Perimeter's technology is employed. Enhancing Real-Time Surgical Decision-Making The value of Perimeter's Optical Coherence Tomography (OCT) technology in a
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Healthcare Cybersecurity a Low Priority Despite Growing Threats Impacting Patient Safety, Omega Systems Finds

by Fred Pennic 06/04/2025 Leave a Comment

Healthcare Cybersecurity a Low Priority Despite Growing Threats Impacting Patient Safety, Omega Systems Finds

What You Should Know:  - Despite the escalating frequency and severity of healthcare cyberattacks, cybersecurity remains a surprisingly low priority for many industry leaders, potentially jeopardizing patient care and safety.  - This is a key finding from the "2025 Healthcare IT Landscape Report" released today by Omega Systems, a provider of managed IT and security services. The report, based on an April 2025 survey of 250 U.S. healthcare business leaders, reveals a critical
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