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Fred Pennic, Editor-in Chief | HIT Consultant

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

VitalHub Acquires Novari Health for $44M, Bolstering Patient Flow Solutions and Global Expansion

by Fred Pennic 07/08/2025 Leave a Comment

VitalHub Acquires Novari Health for $44M, Bolstering Patient Flow Solutions and Global Expansion

What You Should Know:  - VitalHub Corp. announced its acquisition of Novari Health Inc., a Canadian healthcare software provider specializing in patient flow solutions.  - The strategic acquisition, valued at an upfront consideration of $43.6M, significantly strengthens VitalHub’s position in the patient flow market, particularly in Canada, and sets the stage for accelerated global expansion. Transaction Details and Financial Impact The acquisition of Novari Health was
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Rock Health Report: AI Dominates Digital Health Investment in First Half of 2025

by Fred Pennic 07/07/2025 Leave a Comment

AI Dominates Digital Health Investment in First Half of 2025

What You Should Know:  - The first half of 2025  saw a modest increase in digital health venture funding, reaching $6.4B across 245 deals for US-based digital health companies, according to Rock Health’s latest report on H1 2025 digital health trends. - The numbers is up from $6B in H1 2024 and $6.2B in H1 2023, signaling a steady venture market that has found its footing post-pandemic. Q2 alone brought in $3.4B, exceeding the average of $2.6B per quarter since Q1 2023. AI
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Nordic & Chartis Lead Client Satisfaction in EHR Clinical Optimization

by Fred Pennic 07/07/2025 Leave a Comment

Nordic & Chartis Lead Client Satisfaction in EHR Clinical Optimization

What You Should Know:  - A new report from KLAS Research, "EHR Clinical Optimization 2025," reveals a high-performing market for services firms that help healthcare organizations optimize their Electronic Health Record (EHR) technology and associated workflows.  - As hospitals continue to heavily invest in their EHRs to enhance care delivery and reduce clinician burdens, many still struggle to fully realize these benefits amidst operational challenges and mounting administrative
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Elucid Appoints Dr. Robert Pelberg as SVP of Medical Affairs to Advance Atherosclerosis Diagnostics

by Healthcare Executive Appointments 07/07/2025 Leave a Comment

Elucid Appoints Dr. Robert Pelberg as SVP of Medical Affairs to Advance Atherosclerosis Diagnostics

What You Should Know:  - Elucid, an AI medical technology company focused on providing physicians with a more precise view of atherosclerosis announced the appointment of Dr. Robert “Bob” Pelberg as its new Senior Vice President of Medical Affairs.  - Dr. Pelberg, a highly accomplished cardiologist and nationally recognized expert in cardiovascular computed tomography angiography (CCTA), brings decades of clinical experience and a deep understanding of advanced imaging
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Global EHR Market in 2024: Record Contracts, Fewer Impacted Hospitals, and Regional Shifts

by Fred Pennic 07/03/2025 Leave a Comment

Global EHR Market in 2024: Record Contracts, Fewer Impacted Hospitals, and Regional Shifts

What You Should Know: - KLAS Research has released its annual "Global Acute Care EHR Market Share 2025" report, providing a comprehensive look at EHR sales activity in 2024. The report highlights a dynamic global market where EHR projects remain a high priority for healthcare organizations worldwide, second only to AI initiatives. In 2024, the number of new EHR contracts reached a five-year high, yet the number of hospitals impacted by these contracts surprisingly dropped to a five-year
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Patient Access to Online Health Records Soars in 2024, Driven by Cures Act and Provider Encouragement

by Fred Pennic 07/03/2025 Leave a Comment

Patient Access to Online Health Records Soars in 2024, Driven by Cures Act and Provider Encouragement

What You Should Know: - A new brief utilizing the latest 2024 Health Information National Trends Survey (HINTS) data reveals significant progress in patient and caregiver access to online medical records and patient portals.  - Following the implementation of the Cures Act Final Rule provisions and increased demand for virtual care spurred by the COVID-19 pandemic, national access rates have more than doubled in the past decade, with apps playing an increasingly vital
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VisiQuate Acquires Etyon, Enhancing AI-Powered Revenue Cycle

by Fred Pennic 07/03/2025 Leave a Comment

VisiQuate Acquires Etyon, Enhancing AI-Powered Revenue Cycle

What You Should Know:  - VisiQuate, a leader in AI-powered revenue cycle management (RCM), announced its acquisition of Etyon, a healthcare technology company recognized for its deep RCM machine learning, domain-specific algorithms, and advanced data tokenization capabilities. This strategic acquisition will significantly enhance VisiQuate's ability to provide augmented intelligence and real-time operational guidance to healthcare revenue cycle teams. - The integration of Etyon's
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symplr acquires Smart Square from AMN to Boost Hospital Workforce Efficiency

by Fred Pennic 07/02/2025 Leave a Comment

symplr acquires Smart Square from AMN to Boost Hospital Workforce Efficiency

What You Should Know:  - symplr®, a provider of enterprise healthcare operations software announced its acquisition of the Smart Square® scheduling software from AMN Healthcare. This strategic move, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners LLC, significantly strengthens symplr’s position in healthcare workforce and operations management, enhancing its symplr Operations Platform. - The acquisition reinforces symplr’s commitment to providing intelligent,
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Healthcare Leads in GenAI Adoption, But Faces Major Security and Infrastructure Hurdles

by Fred Pennic 07/02/2025 Leave a Comment

Healthcare Leads in GenAI Adoption, But Faces Major Security and Infrastructure Hurdles

What You Should Know: - Nutanix, a leader in hybrid multicloud computing, today announced the findings of its seventh annual global Healthcare Enterprise Cloud Index (ECI) survey and research report.  - The report reveals that an astonishing 99% of healthcare organizations surveyed are currently leveraging Generative AI (GenAI) applications or workloads, surpassing adoption rates in every other industry. However, this rapid embrace comes with significant challenges, as 96% of these
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Lunit and Microsoft Collaborate to Advance AI-Driven Cancer Diagnosis

by Fred Pennic 07/02/2025 Leave a Comment

Lunit and Microsoft Collaborate to Advance AI-Driven Cancer Diagnosis

What You Should Know: - Lunit, a provider of AI for cancer diagnostics and therapeutics announced a strategic collaboration with Microsoft to accelerate the delivery of AI-powered healthcare solutions globally.  - The partnership, coupled with Lunit’s recent acquisition of Volpara (a Microsoft Industry Health Certified Partner), aims to provide health professionals worldwide with advanced tools for cancer detection. Driving Scalable, Integrated AI in Healthcare The strategic
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