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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sprinter Health Secures $55M to Expand In-Home Care for Hard-to-Reach Populations

by Fred Pennic 05/16/2025 Leave a Comment

Sprinter Health Secures $55M to Expand In-Home Care for Hard-to-Reach Populations

What You Should Know:  - Sprinter Health, a company specializing in delivering in-home clinical services secures $55M in Series B funding led by General Catalyst, with significant participation from Andreessen Horowitz (a16z) Bio + Health, and other existing investors including the Regents of the University of California, Google Ventures, and Accel.  - This latest investment brings Sprinter Health's total funding to over $125M since its founding in 2021. Sprinter Health's mission
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Akido Labs Secures $60M to Expand AI-Powered ScopeAI and Tackle Physician Shortage

by Fred Pennic 05/16/2025 Leave a Comment

Akido Labs Secures $60M to Expand AI-Powered ScopeAI and Tackle Physician Shortage

What You Should Know:  - Akido Labs, Inc. (“Akido”), an AI and care delivery company dedicated to reimagining healthcare raises $60M in Series B funding led by Oak HC/FT, with participation from Greco, SNR, and existing investors including Y Combinator, Future Communities Capital, Jeff Dean (Chief Scientist, Google DeepMind & Google Research), and the Comprehensive Blood & Cancer Center. - The investment will be channeled towards expanding the reach and capabilities of Akido’s
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Datavant to Acquire Real-World Evidence Platform Aetion

by Fred Pennic 05/16/2025 Leave a Comment

Datavant to Acquire Real-World Evidence Platform Aetion

What You Should Know:  - Datavant, a health data platform company announced it has signed an agreement to acquire Aetion, a prominent real-world evidence (RWE) platform that powers critical decision-making in healthcare.  - The strategic combination will bring Aetion under the Datavant umbrella to deliver a comprehensive, end-to-end RWE platform, enabling healthcare and life sciences organizations to more efficiently generate insights on the clinical impact of therapies, both in
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Philips’ Future Health Index 2025 Reveals Healthcare Strain, AI Promise, and Critical Trust Gaps

by Fred Pennic 05/15/2025 Leave a Comment

Philips' Future Health Index 2025 Reveals Healthcare Strain, AI Promise, and Critical Trust Gaps

What You Should Know:  - Philips, a global leader in health technology released its 10th annual Future Health Index (FHI) report. The FHI 2025 Report, the largest global survey of its kind analyzing the pressing concerns of both healthcare professionals and patients, paints a stark picture of growing strain on healthcare systems worldwide.  - While artificial intelligence (AI) shows significant promise for transforming care delivery, the report highlights that substantial gaps in
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GE HealthCare Launches AI-Powered CleaRecon DL to Enhance CBCT Image Quality in Interventional Procedures

by Fred Pennic 05/15/2025 Leave a Comment

GE HealthCare Launches AI-Powered CleaRecon DL to Enhance CBCT Image Quality in Interventional Procedures

What You Should Know:  - GE HealthCare today announced the launch of CleaRecon DL, an innovative technology driven by a deep-learning algorithm, designed to significantly improve the quality of cone-beam computed tomography (CBCT) images.  - The artificial intelligence (AI)-powered solution aims to eliminate streak artifacts that can impair image clarity during complex interventional procedures. - CleaRecon DL, which recently received U.S. FDA 510(k) clearance and CE mark,
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Avanade and Duke Health Partner to Launch AI Governance Platform, SAIGE

by Fred Pennic 05/15/2025 Leave a Comment

Avanade and Duke Health Partner to Launch AI Governance Platform, SAIGE

What You Should Know:  - Avanade, a Microsoft solutions provider, and Duke Health announced a strategic partnership to design, build, and implement Avanade’s Smart AI Governance Engine (SAIGE).  - SAIGE is a first-of-its-kind, healthcare-specific AI governance platform that will leverage the power of Microsoft Azure and Microsoft Fabric to advance Duke Health’s commitment to maintaining the highest ethical and responsible standards while deploying artificial intelligence in
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DiMe & Elevance Health Collaborate on Digital Health Product Seal

by Fred Pennic 05/15/2025 Leave a Comment

DiMe & Elevance Health Collaborate on Digital Health Product Seal

What You Should Know:  - The Digital Medicine Society (DiMe) and Elevance Health today announced a significant collaboration aimed at simplifying the identification of trustworthy digital health products.  - Elevance Health will provide a crucial clinical evidence assessment component to DiMe's "DiMe Seal" program, further strengthening its evaluation of digital health software products (DHSPs). DiMe Seal The DiMe Seal, launched in 2024, is awarded to digital health
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Nokia and Celesta Capital Launch Hearing Care Spinout, Astranu

by Fred Pennic 05/15/2025 Leave a Comment

Nokia and Celesta Capital Launch Hearing Care Spinout, Astranu

What You Should Know:  - Nokia and Celesta Capital announced the official launch of Astranu, a new company spun out from Nokia Bell Labs. Astranu aims to transform the field of hearing care by commercializing a groundbreaking, next-generation 3D imaging technology for middle-ear conditions.  - The venture is the first initiative under a new collaboration between Nokia and Celesta Capital designed to accelerate the market introduction of innovative technologies developed by the
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CureIS Healthcare Sues Epic: Alleges Anti-Competitive Practices & Trade Secret Theft

by Fred Pennic 05/14/2025 Leave a Comment

What You Should Know: - CureIS Healthcare, Inc., a company specializing in information technology solutions for the healthcare industry, has filed a lawsuit against EHR giant Epic Systems Corporation.  - The complaint, lodged in the U.S. District Court for the Northern District of California on May 13, 2025, accuses Epic of engaging in a multifaceted scheme to unlawfully stifle competition, interfere with CureIS's business and customer relationships, misappropriate trade secrets, and
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TELUS Health Acquires Workplace Options for $500M

by Fred Pennic 05/14/2025 Leave a Comment

TELUS Health Acquires Workplace Options for $500M

What You Should Know:  - TELUS Corporation announced a significant strategic partnership with GTCR, a private equity firm with deep expertise in the healthcare sector. TELUS Health confirmed its acquisition of Workplace Options for approximately $500M (US$350M) in cash, net of around $100M (US$70M) in assumed debt. Workplace Options' extensive network, spanning 200 countries and territories, further cements TELUS Health's position as a dominant force in the global wellbeing solutions
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