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Fred Pennic, Editor-in Chief | HIT Consultant

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

Why Cardiologists Are Betting $19M on Wearlinq to Fix the “Single-Lead” Problem in Heart Monitoring

by Fred Pennic 12/17/2025 Leave a Comment

 Why Cardiologists Are Betting $19M on Wearlinq to Fix the "Single-Lead" Problem in Heart Monitoring

What You Should Know:  - Wearlinq has secured $14M in Series A funding (plus $5M in venture debt) to scale its eWave device, the first continuous 6-lead wireless ECG that offers hospital-grade diagnostics in a comfortable wearable led by AIX Ventures with participation from SpringTide and the Berkeley Catalyst Fund. - The FDA-cleared device solves a critical gap in cardiac care by pairing directly with smartphones to deliver near real-time data, moving beyond the limitations of
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HFMA Survey: 80% of Health Systems Adopt GenAI for Revenue Cycle as Documentation Risks Rise

by Fred Pennic 12/17/2025 Leave a Comment

HFMA Survey: 80% of Health Systems Adopt GenAI for Revenue Cycle as Documentation Risks Rise

What You Should Know:  - For decades, the "revenue cycle"—the complex machinery of medical billing, coding, and reimbursement—has been the unglamorous back office of healthcare. But in 2025, it has become the frontline of AI adoption. - According to a new survey released by the Healthcare Financial Management Association (HFMA) and AKASA, the adoption of Generative AI has moved past the experimental phase into operational necessity. With nearly 9% of hospital revenue now evaporating
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The Rise of Hybrid Intelligence: Healthcare Leaders Reject Autonomous AI in Favor of Clinical Validation

by Fred Pennic 12/17/2025 Leave a Comment

Healthcare Leaders Reject Autonomous AI, Favor Hybrid Intelligence for Accuracy and Trust, New Survey Finds

What You Should Know:  - A new market survey from Carta Healthcare reveals that hospital leaders are overwhelmingly rejecting fully autonomous AI in favor of "hybrid intelligence" models that pair technology with clinical expertise. -  With 62.5% of respondents citing data misinterpretation as a critical risk of "black box" systems, the industry is cementing a preference for AI that augments rather than replaces human decision-making. The End of the "Black Box": Why Hospitals
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40% of Nurses Planning to Quit: How Streamlined EHR Workflows Can Save the Profession

by Fred Pennic 12/17/2025 Leave a Comment

40% of Nurses Planning to Quit: How Streamlined EHR Workflows Can Save the Profession

What You Should Know:  A new report from the KLAS Arch Collaborative reveals that the overwhelming burden of documentation is a primary driver of nurse burnout, with 40% of nurses intending to leave the profession by 2029.  - The study also highlights that meaningful progress is possible: organizations that have implemented specific strategies to streamline charting—such as eliminating redundant fields and utilizing AI—have seen dramatic improvements in nurse
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Democratizing Data: How WellSky and uMed Are Bringing Clinical Trials into the Living Room

by Fred Pennic 12/17/2025 Leave a Comment

WellSky Launches AI Ambient Listening in Specialty Care EHR to Cut Documentation Time by 41%

What You Should Know:  - WellSky and uMed have formed a strategic partnership to integrate clinical research opportunities directly into the workflows of home-based care providers. By combining WellSky’s network of 10,000 providers with uMed’s automated registry platform, the initiative allows patients—particularly in underserved and rural areas—to participate in national research registries without leaving their homes. - The model is designed to generate high-quality real-world data
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2026 Healthcare Executive Predictions: Why the AI “Pilot Era” Is Officially Over

by Fred Pennic 12/16/2025 Leave a Comment

2026 Healthcare Executive Predictions: Why the AI "Pilot Era" Is Officially Over

If the last two years were defined by the breathless hype of experimentation, 2026 marks the healthcare industry’s decisive transition from "flashy, one-off experiments" to "top-down programs designed for measurable impact". Across the digital health landscape, executives agree that the "pilot era is ending," with the focus shifting entirely to systems that can be "governed, audited, and trusted" at scale. The narrative for the coming year is no longer about the novelty of generative AI
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PwC 2026 Outlook: Health Services M&A Poised for Rebound as AI Becomes “Core Driver” of Value

by Fred Pennic 12/16/2025 Leave a Comment

PwC 2026 Outlook: Health Services M&A Poised for Rebound as AI Becomes "Core Driver" of Value

What You Should Know:  - According to PwC's 2026 Health Services Deals Outlook, the M&A market is set to regain momentum in both deal value and volume after a cooling period in 2025. -  The report highlights a strategic pivot among private equity investors away from reimbursement-heavy assets toward AI-enabled software and services that drive margin expansion without adding labor. With the IPO window reopening and "mega-funds" returning to offense, the winners in 2026 will be
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Why MBX Capital is Betting $100M on the Link Between Industrial Toxins and Chronic Disease

by Fred Pennic 12/16/2025 Leave a Comment

Why MBX Capital is Betting $100M on the Link Between Industrial Toxins and Chronic Disease

What You Should Know:  - MBX Capital has secured over $100M in capital commitments to invest in early-stage biotech and health tech companies, specifically focusing on "deep health" solutions that address diseases linked to environmental toxins and synthetic exposures. -  Backed by institutional heavyweights like Industry Ventures and the State of New York, the firm plans to deploy checks ranging from $1 million to $4 million into startups that move beyond symptom management
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Tampa General Hospital Partners with Reimagine Care to Launch AI-Enabled Virtual Oncology Support

by Fred Pennic 12/16/2025 Leave a Comment

Tampa General Hospital Partners with Reimagine Care to Launch AI-Enabled Virtual Oncology Support

What You Should Know:  - Tampa General Hospital (TGH) Cancer Institute has partnered with Reimagine Care to integrate an AI-enabled virtual cancer care program into its clinical pathways. -  The collaboration, backed by an investment from TGH Ventures, provides 24/7 symptom monitoring and triage to reduce emergency department visits and administrative burden on oncologists. This move aims to expand capacity and improve patient outcomes across Florida, a state facing 115,000 new
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OpenAI-Backed Chai Discovery Raises $130M to Tackle “Undruggable” Targets with Generative AI

by Fred Pennic 12/15/2025 Leave a Comment

OpenAI-Backed Chai Discovery Raises $130M to Tackle "Undruggable" Targets with Generative AI

What You Should Know:  - Chai Discovery has secured a $130M Series B financing round, propelling its valuation to $1.3 billion just months after emerging from stealth.  - Co-led by Oak HC/FT and General Catalyst, the funding validates Chai’s proprietary AI models, which can predict biochemical interactions and design drugs for targets previously considered "undruggable."  - With backing from industry heavyweights like OpenAI and Thrive Capital, Chai is positioning itself
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2026 Predictions & Trends

Healthcare 2026 Forecast: Executives on AI Survival, Financial Reckoning, and the End of Point Solutions

2026 Healthcare Executive Predictions: Why the AI “Pilot Era” Is Officially Over

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