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Fred Pennic, Editor-in Chief | HIT Consultant

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

SHINE Technologies to Acquire Lantheus’ SPECT Imaging Business

by Fred Pennic 05/09/2025 Leave a Comment

SHINE Technologies to Acquire Lantheus' SPECT Imaging Business

What You Should Know:  - SHINE Technologies, a nuclear fusion company with an expanding platform of medical isotope products, today announced it has entered into a definitive agreement to acquire the SPECT (Single-Photon Emission Computed Tomography) business from Lantheus, a leading radiopharmaceutical-focused company.  - The strategic acquisition includes the portion of Lantheus' North Billerica, Massachusetts campus dedicated to the manufacturing of its SPECT products. SHINE's
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MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners

by Fred Pennic 05/08/2025 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

What You Should Know:  - MedTech Breakthrough, an independent market intelligence organization dedicated to recognizing top-tier companies, technologies, and products in the global health and medical technology sector, today proudly announced the winners of its 9th annual awards program.  - The 2025 awards highlight the groundbreaking technologies and companies that are spearheading innovation and exemplifying the best in digital health and medical technology solutions
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Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

by Fred Pennic 05/08/2025 Leave a Comment

Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

What You Should Know:  - Osteoboost Health announced the nationwide availability of Osteoboost, a groundbreaking prescription medical device. Osteoboost aims to provide hope for millions diagnosed with low bone density, helping to reduce the risk of fractures that can severely impact mobility and independence. - As the first and only FDA-cleared device of its kind for low bone density, Osteoboost introduces a novel, protective, and preventative approach to bone health, offering a new
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Blue Cross Blue Shield of Massachusetts Launches “CloseKnit” Virtual-First Primary Care Option

by Fred Pennic 05/08/2025 Leave a Comment

Blue Cross Blue Shield of Massachusetts Launches "CloseKnit" Virtual-First Primary Care Option

What You Should Know:  - Blue Cross Blue Shield of Massachusetts (“Blue Cross”) today announced the launch of CloseKnit, a new virtual-first primary care option designed to provide members with accessible and convenient health support.  - As part of their agreement, CloseKnit is actively participating in Blue Cross's value-based payment program, aligning with the insurer's commitment to quality and affordability while ensuring members receive timely primary care
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OMNY Health Enriches Real-World Data Ecosystem with Over 300 New Clinical Assessment Measures

by Fred Pennic 05/08/2025 Leave a Comment

OMNY Health Launches GLP-1 Data Network to Advance Research

What You Should Know:  - OMNY Health, a healthcare ecosystem provider for compliant real-world data insights at scale announced a significant expansion of its data network with the addition of more than 300 new clinical assessment measures.  - These disease-specific measures, derived from clinical severity indicators, surveys, and questionnaires, are poised to offer a more granular and nuanced real-world view of patient health, thereby enhancing the ability to monitor disease
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Centivo Appoints Sarah Fraser as First Chief Financial Officer

by Healthcare Executive Hires 05/08/2025 Leave a Comment

Centivo Appoints Sarah Fraser as First Chief Financial Officer

What You Should Know:  - Centivo, a pioneering healthcare company dedicated to making quality healthcare radically affordable, today announced the strategic appointment of Sarah Fraser as its new Chief Financial Officer.  - In her new capacity, Fraser will spearhead Centivo’s capital markets strategy, managing critical banking, debt, and equity relationships. She will also apply a rigorous, data-driven strategic approach to financial performance across various customer segments,
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Cedars-Sinai Partners with Redesign Health to Launch Digital Innovation Platform

by Fred Pennic 05/07/2025 Leave a Comment

Cedars-Sinai Partners with Redesign Health to Launch Digital Innovation Platform

What You Should Know:  - Cedars-Sinai today announced the launch of a new Digital Innovation Platform, a significant initiative aimed at developing transformative solutions for some of the most critical issues facing the U.S. healthcare system.  - The platform will harness Cedars-Sinai's renowned clinical expertise, extensive infrastructure, research capabilities, and vast data resources to build innovative healthcare companies in collaboration with its staff, investors, and the
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Persivia Secures $107M to Expand AI-Driven Healthcare Platform

by Fred Pennic 05/07/2025 Leave a Comment

Persivia Secures $107M, Signaling New Era in AI-Driven Healthcare

What You Should Know:  - Persivia, a frontrunner in advanced digital health platforms, today announced a significant $107M investment from Aldrich Capital Partners and the issuance of U.S. Patent No. 12,254,975 B2 for its innovative Health Data Processing System.  - The dual achievement marks a pivotal moment for the company and the healthcare industry, as Persivia aims to scale its AI-first CareSpace® platform and redefine care delivery, measurement, and management. - The
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AI Assistant Shows Promise in Easing Value-Based Care Burdens for Physicians, Study Finds

by Fred Pennic 05/07/2025 Leave a Comment

AI Assistant Shows Promise in Easing Value-Based Care Burdens for Physicians, Study Finds

What You Should Know:  - A year-long study by Phyx Primary Care, a non-profit innovation lab, has revealed that an AI Assistant can significantly help physicians navigate the complexities of value-based care (VBC) while simultaneously reducing associated administrative burdens and burnout.  - The research evaluated Navina’s AI Copilot, a tool designed to synthesize fragmented patient data into actionable insights at the point of care, supporting clinical decision-making,
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Two in Five US Healthcare Providers Are Advanced Practice Providers: New Workforce Trends Emerge

by Fred Pennic 05/07/2025 Leave a Comment

What You Should Know:  - A significant shift is underway in the U.S. healthcare workforce, with non-physician advanced practice providers (APPs) now constituting two out of every five healthcare providers (40.6%).  - This continued growth, highlighted in the latest quarterly Physician Flash Report from Kaufman Hall, a Vizient company, coincides with mounting financial pressures on physician practices and evolving operational dynamics in hospitals. - Kaufman
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