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Fred Pennic, Editor-in Chief | HIT Consultant

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

UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

by Fred Pennic 09/24/2025 Leave a Comment

UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

What You Should Know:  - UnitedHealthcare has announced the launch of UHC Store, a new online shopping experience available within the UnitedHealthcare app and on myuhc.com®.  - The store is initially available to more than 6 million eligible members, with plans to expand to 18 million members this year. The UHC Store allows members to choose from a range of discounted health and wellness offerings to help meet their individual needs and complement their health benefits. A
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Cigna to Cover Cleerly’s AI-Based Plaque Analysis, Expanding Access to Cardiovascular Imaging

by Fred Pennic 09/24/2025 Leave a Comment

Cigna to Cover Cleerly's AI-Based Plaque Analysis, Expanding Access to Cardiovascular Imaging

What You Should Know:  - Cleerly, a leader in AI-based cardiovascular imaging, has announced that Cigna will begin covering its Cleerly LABS Advanced Plaque Analysis starting on October 1, 2025.  - The decision makes Cigna the latest major insurer to recognize the clinical and economic value of Artificial Intelligence Enabled CT Based Quantitative Coronary Tomography (AI-QCT) and Coronary Plaque Analysis (AI-CPA) technology for cardiovascular care. Widespread Payer Adoption and
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Leo Cancer Care Secures $40M to Commercialize Upright Radiotherapy System

by Fred Pennic 09/24/2025 Leave a Comment

Leo Cancer Care Secures $40M to Commercialize Upright Radiotherapy System

What You Should Know:  - Leo Cancer Care, a pioneer in radiotherapy treatment devices, has successfully raised $40M in funding round led by Catalio Capital Management.  - The investment, which also saw participation from new and existing investors, will accelerate the commercialization of Leo Cancer Care’s next-generation upright radiotherapy system. As part of the funding, Dr. Nicholas von Guionneau of Catalio has also joined Leo Cancer Care’s board as an Observer. Marie:
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Proscia® Launches Virtual Staining to Transform Digital Pathology with AI

by Fred Pennic 09/24/2025 Leave a Comment

Proscia® Launches Virtual Staining to Transform Digital Pathology with AI

What You Should Know:  - Proscia®, a pathology AI company, has introduced a new virtual staining feature in its Concentriq® software platform.  - The technology, powered by Pictor Labs, is designed to help laboratories reduce the costs and time associated with traditional chemical staining methods. The virtual staining will also support the evolution from research applications to clinical use, expanding diagnostic possibilities. Transforming Traditional Pathology
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Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion

by Fred Pennic 09/23/2025 Leave a Comment

Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion

Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion What You Should Know:  - Capital Rx, Inc., an enterprise health technology company, has announced a significant milestone: a $400M investment, including a $252M Series F funding round. The company is also rebranding as Judi Health™.  - The new name is intended to reflect its expanded capabilities as a full-service health benefits technology company. The investment was led by Wellington Management and
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The AI Paradox in Healthcare: Notable CEO Shares Why Moving Too Slowly is a Greater Risk

by Fred Pennic 09/23/2025 Leave a Comment

The healthcare industry stands at a critical juncture, facing mounting pressures from staffing shortages, financial constraints, and rising patient expectations. While the promise of AI to alleviate these burdens is widely acknowledged, many health systems are grappling with a paradox: a deep-seated enthusiasm for new technologies, yet a reluctance to move from governance to full-scale deployment. In a recent interview, Pranay Kapadia, CEO and Co-Founder of Notable, shared his insights on
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Oracle Health to Build New York’s Statewide $218M EHR System for Mental Health

by Fred Pennic 09/23/2025 Leave a Comment

Oracle Health Files TEFCA QHIN Application

What You Should Know:  - New York state Governor Kathy Hochul has announced a $218M initiative to build a new electronic health record (EHR) system for the state's 24 inpatient psychiatric centers and over 300 outpatient programs.  - The funding has been awarded to Oracle Health to create a comprehensive, statewide EHR system that will improve the continuity of patient care, enhance evidence-based decision-making for clinicians, and boost the overall efficiency of treatment
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Prosper AI Raises $5M to Automate Healthcare’s Front and Back Office

by Fred Pennic 09/23/2025 Leave a Comment

Prosper AI Raises $5M to Automate Healthcare's Front and Back Office

What You Should Know:  - Prosper AI, a voice AI platform purpose-built for healthcare organizations secures $5M in seed funding led by Emergence Capital, with participation from Y Combinator, CRV, and Company Ventures. Specialized AI Agents for Complex Workflows A significant portion of U.S. healthcare expenses, over $450B annually, is dedicated to administrative costs. This includes a third of the workforce in hospitals and physician offices who are administrative staff. These
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Patient Square Capital Acquires Premier in $2.6B Deal

by Fred Pennic 09/22/2025 Leave a Comment

What You Should Know:  - Premier, Inc., a healthcare improvement company, has announced a definitive agreement to be acquired by an affiliate of Patient Square Capital.  - Under the terms of the agreement, Premier stockholders will receive $28.25 in cash per share valued at $2.6B, which represents a 23.8% premium to the company's 60-day volume-weighted average price as of September 5, 2025. The transaction has been unanimously approved by Premier’s Board of Directors. Premier,
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Pfizer Acquires Metsera for $4.9B, Expanding into Obesity and Cardiometabolic Market

by Fred Pennic 09/22/2025 Leave a Comment

Pfizer Acquires Metsera for $4.9B, Expanding into Obesity and Cardiometabolic Market

What You Should Know:  - Pfizer Inc. and Metsera, Inc. have entered into a definitive agreement under which Pfizer will acquire Metsera, a clinical-stage biopharmaceutical company focused on developing medicines for obesity and cardiometabolic diseases for $4.9B.  - The acquisition is a strategic move for Pfizer, allowing it to enter a significant and growing therapeutic area. The Boards of Directors of both companies have unanimously approved the transaction. Financial Terms
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