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Fred Pennic, Editor-in Chief | HIT Consultant

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

Fathom Secures Strategic Investment from CVS Health Ventures to Scale Autonomous Medical Coding

by Fred Pennic 05/06/2026 Leave a Comment

Fathom Receives Strategic Investment from CVS Health Ventures for Autonomous Medical Coding

What You Should Know Fathom, a leader in autonomous medical coding, has announced a strategic investment from CVS Health Ventures.The funding follows a period where revenue cycle management (RCM) has become the top priority for health IT investment, according to a 2025 Bain & Company/KLAS report.Fathom’s platform achieves 90%+ automation rates across multiple specialties, providing an alternative to slow, department-by-department AI rollouts.The company was recognized as the #1 solution
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XCaliber Health Secures $6.5M to Launch Healthcare’s First Agentic Operating System

by Fred Pennic 05/06/2026 Leave a Comment

XCaliber Health Secures $6.5M to Launch Healthcare’s First Agentic Operating System

What You Should Know XCaliber Health (XCaliber) has raised $6.5M in seed funding led by ManchesterStory, with participation from Benhamou Global Ventures (BGV) and Arka Venture Labs.The platform is an "agentic operating system" designed to coordinate siloed systems (EHRs, billing, scheduling) and automate manual workflows end-to-end.XCaliber addresses a significant "intelligence gap" where staff currently spend an average of 15.5 hours per physician, per week on administrative tasks.The
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Premier Inc. Appoints Dr. Emad Rizk as CEO and Chairman to Drive Healthcare Transformation

by Healthcare Executive Hires 05/05/2026 Leave a Comment

Premier Inc. Appoints Dr. Emad Rizk as CEO and Chairman to Drive Healthcare Transformation

What You Should Know Premier, Inc. has appointed Emad Rizk, M.D., as its new Chief Executive Officer, President, and Chairman of the Board.Dr. Rizk brings over 30 years of experience, having previously served as Chairman and CEO of Cotiviti, where he led a multibillion-dollar transformation in payment accuracy and value-based care.Premier supports $86 billion in purchasing across 4,250 hospitals and manages 1.3 billion patient encounters nationwide.The company has helped providers achieve
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Village Raises $9.5M for AI-Powered Specialty Pediatrics and Coordinated Care Platform

by Fred Pennic 05/05/2026 Leave a Comment

Village Raises $9.5M for AI-Powered Specialty Pediatrics and Coordinated Care Platform

What You Should Know Village has raised $9.5M in funding led by Upfront Ventures, with participation from Bling Capital, GTMFund, and Perceptive Ventures.The platform features Vera, an in-house AI agent that handles documentation, scheduling, billing, and care coordination for independent practices. The platform is the first pediatric-connected system designed to unite families, providers, and payers around coordinated care teams for children with developmental, behavioral, and mental health
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Impact Advisors Acquires Canopii Collaborative to Expand Epic Payer and Tapestry Expertise

by Fred Pennic 05/05/2026 Leave a Comment

Impact Advisors Acquires Canopii Collaborative to Expand Epic Payer and Tapestry Expertise

What You Should Know Impact Advisors has acquired Canopii Collaborative, a high-growth consulting firm specializing in the Epic payer platform (Tapestry), revenue cycle, and managed services. Financial details of the acquisition were not disclosed. Founded in 2021 by former Epic professionals, Canopii was recently ranked 67th on the Inc. 5000 list of fastest-growing U.S. companies.The acquisition enhances Impact Advisors’ ability to support "Payvider" alignment, helping organizations
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Perplexity and VisualDx Partner to Integrate Clinician-Validated Medical Images into AI Answers

by Fred Pennic 05/05/2026 Leave a Comment

Perplexity & VisualDx collab to improve AI answers w/ visuals

What You Should Know Perplexity has partnered with VisualDx to integrate clinician-validated medical images directly into its AI-powered health answers.VisualDx joins The New England Journal of Medicine (NEJM), The BMJ, and the American Heart Association as part of Perplexity’s Premium Health Sources.The integration provides a "visual intelligence layer" to help users and clinicians better understand skin conditions, infectious diseases, and other visibly diagnosable ailments.A core focus of
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RevSpring Report: 50% of Consumers Cut Back on Care Due to Financial Confusion and Cost

by Fred Pennic 05/05/2026 Leave a Comment

RevSpring Report: 50% of Consumers Cut Back on Care Due to Financial Confusion and Cost

What You Should Know RevSpring has released a national survey of 2,024 U.S. adults revealing that 94% of consumers agree healthcare needs to be made easier to navigate.Friction begins at the point of entry: 38% of consumers struggle to find an in-network provider.Financial uncertainty is a primary driver of disengagement, with 79% of patients reporting they have been surprised by the price of a medical bill.50% of respondents admitted to cutting back on medical care due to cost and confusion
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Elevating the Assessment: 4 Solutions to Common IT Challenges When Implementing Equipment or Software

by GE HealthCare 05/01/2026 Leave a Comment

Elevating the Assessment: 4 Solutions to Common IT Challenges When Implementing Equipment or Software

Technology and efficiency are moving at a faster pace than ever before, and in healthcare IT, that means an emerging need for IT teams to be at the forefront of system assessment and implementation.  Your team should be actively partnering with the clinical team and other decision makers on how to improve and optimize workflows and interconnectivity. When you’re a part of these conversations from the beginning, you can share concerns that could affect not just your workflow but the
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Spring Health Completes Acquisition of Alma to Expand Global Mental Health Network 

by Fred Pennic 05/01/2026 Leave a Comment

Spring Health Completes Acquisition of Alma to Expand Global Mental Health Network

What You Should Know Spring Health has successfully closed its acquisition of Alma, a membership platform for independent clinicians.The combined organization now supports more than 170 million lives globally across employers and health plans.The merger aims to solve care fragmentation by ensuring patients can keep their providers even when they change jobs, age off plans, or change coverage.Spring Health CEO April Koh and President Dr. Adam Chekroud will lead the combined organization, while
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Dr. Eric Rosenberg Completes First Cataract Surgery Using Apple Vision Pro and ScopeXR

by Fred Pennic 05/01/2026 Leave a Comment

Dr. Eric Rosenberg Completes First Cataract Surgery Using Apple Vision Pro and ScopeXR

What You Should Know Dr. Eric Rosenberg of SightMD became the first surgeon to perform a cataract surgery using the Apple Vision Pro in October 2025.The procedure utilized ScopeXR, a custom-built mixed reality surgical platform that streams live feeds from 3D digital microscopes directly into the headset.Dr. Rosenberg has since used the device to assist in hundreds of additional cases, demonstrating the hardware's viability for routine surgical use.The system enables real-time remote
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