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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Philips Acquires SpectraWAVE to “Double Down” on AI-Powered Coronary Imaging

by Fred Pennic 12/15/2025 Leave a Comment

Philips Acquires SpectraWAVE to “Double Down” on AI-Powered Coronary Imaging

What You Should Know:  - Philips has agreed to acquire SpectraWAVE, Inc., a move designed to bolster its leadership in image-guided therapy by integrating SpectraWAVE’s AI-powered coronary imaging and physiology assessments into the Philips Azurion platform. - The acquisition adds critical next-generation capabilities, including DeepOCT (optical coherence tomography) and wire-free Fractional Flow Reserve (FFR), to Philips' existing portfolio.  - The strategic expansion aims to
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Auxira Health Raises $7.8M to Solve the Cardiology Shortage with Virtual Clinical Pods

by Fred Pennic 12/15/2025 Leave a Comment

Auxira Health Raises $7.8M to Solve the Cardiology Shortage with Virtual Clinical Pods

What You Should Know:  - Auxira Health, a virtual cardiology company co-developed by MedStar Health, has secured $7.8M in seed funding to address the growing cardiologist shortage and clinician burnout crisis.  - Unlike standard telehealth platforms, Auxira embeds dedicated "clinical pods" of nurses and advanced practitioners directly into existing practice workflows, training them on-site to ensure seamless integration.  - The funding will fuel the company's expansion,
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Mount Sinai’s AI Tool “V2P” Predicts Disease Type from Genetic Mutations

by Fred Pennic 12/15/2025 Leave a Comment

Mount Sinai's AI Tool "V2P" Predicts Disease Type from Genetic Mutations

What You Should Know:  - Scientists at the Icahn School of Medicine at Mount Sinai have developed a new artificial intelligence tool called V2P (Variant to Phenotype) that identifies not only disease-causing genetic mutations but also predicts the specific diseases they may trigger.  - Published in Nature Communications, this machine learning model improves diagnostic speed and accuracy by linking genetic variants to phenotypic outcomes, moving beyond simple "harmful vs. benign"
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M&A: Sentact Acquires Performance Health Partners and Vizient PSO to Create Patient Safety Powerhouse

by Fred Pennic 12/15/2025 Leave a Comment

M&A: Sentact Acquires Performance Health Partners and Vizient PSO to Create Patient Safety Powerhouse

What You Should Know:  - Sentact has executed a major strategic expansion by acquiring two significant players in the patient safety space: Performance Health Partners (PHP), the #1 Best-in-KLAS provider of safety incident management software, and the Vizient Patient Safety Organization (PSO), one of the nation's largest PSOs.  - The double acquisition positions Sentact to offer a comprehensive, end-to-end safety platform that combines top-tier incident reporting technology with
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Deloitte 2026 Outlook: Why Traditional Health Strategies Will Fail in the Face of Regulatory Uncertainty

by Fred Pennic 12/12/2025 Leave a Comment

Deloitte 2026 Outlook: Why Traditional Health Strategies Will Fail in the Face of Regulatory Uncertainty

What You Should Know:  - Deloitte’s 2026 US Health Care Outlook reveals a dangerous disconnect: while nearly 70% of health executives expect to outperform competitors next year, the "traditional playbook" of market expansion and cost-cutting is no longer sufficient.  - Amid rising regulatory uncertainty and financial pressure, the report identifies three mandatory pivots for survival: empowering consumer health with digital experiences, scaling generative and agentic AI across
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The VBC Paradox: Why Hospitals Are Doubling Down on Value-Based Care While Revenue at Risk Lags

by Fred Pennic 12/12/2025 Leave a Comment

The VBC Paradox: Why Hospitals Are Doubling Down on Value-Based Care While Revenue at Risk Lags

What You Should Know:  - A new report from Sage Growth Partners reveals a striking disconnect in the healthcare industry: while only 20% of C-suite leaders believe progress has been made in value-based care (VBC) recently, 77% plan to increase their participation in these models over the next two years.  - The "plot twist" indicates that despite operational hurdles and low revenue exposure today, hospital executives view VBC as essential for long-term financial survival. The data
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FDA Clears Ceribell’s AI-Powered EEG as First Device for Continuous Delirium Monitoring

by Fred Pennic 12/12/2025 Leave a Comment

FDA Clears Ceribell’s AI-Powered EEG as First Device for Continuous Delirium Monitoring

What You Should Know:  - Ceribell, Inc. has secured FDA 510(k) clearance for the world’s first continuous, AI-powered delirium monitoring solution, expanding its existing EEG platform beyond seizure detection.  - The technology addresses a massive gap in critical care, providing objective, real-time tracking for a condition that affects up to 80% of ventilated patients and is often missed by manual assessments. The clearance positions Ceribell to significantly improve ICU
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