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Fred Pennic, Editor-in Chief | HIT Consultant

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

Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

by Fred Pennic 07/25/2025 Leave a Comment

Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

What You Should Know:  - Waystar, a provider of healthcare payment software announced a definitive agreement to acquire 100% of Iodine Software (“Iodine”) for $1.25B.  - The proposed acquisition is expected to significantly accelerate Waystar’s ability to transform healthcare payments through its leading cloud-based software platform, empowering more than one million providers with advanced AI capabilities to prevent denials, reduce manual work, and improve financial
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ChristianaCare Partners with NeuroFlow to Enhance Maternal Mental Healthcare

by Fred Pennic 07/25/2025 Leave a Comment

AI Shows High Accuracy in Suicide Risk Assessment: NeuroFlow Study

What You Should Know:  - ChristianaCare has partnered with NeuroFlow, a behavioral health technology and analytics company, to support maternal mental health care in Delaware and surrounding communities for ChristianaCare patients.  - The strategic collaboration will leverage technology-driven patient support and education to develop a more comprehensive approach to understanding and addressing the mental health needs of mothers. ChristianaCare Committement to Mental
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Trinity Biotech Unveils CGM+: AI-Native Wearable Biosensor for Holistic Health Monitoring

by Fred Pennic 07/24/2025 Leave a Comment

Trinity Biotech Unveils CGM+: AI-Native Wearable Biosensor for Holistic Health Monitoring

What You Should Know:  - Trinity Biotech, a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, today unveiled its new flagship product, CGM+, a next-generation wearable biosensor platform designed for the $260 billion AI wearables market.  - Now in the later stages of device development, CGM+ is Trinity’s new AI-native continuous glucose monitoring (CGM) system, combining multi-sensor data and real-time analytics to meet the
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AHA and Epic Partner to Combat Postpartum Hemorrhage with AI-Powered EHR Toolkit

by Fred Pennic 07/24/2025 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - The American Hospital Association (AHA) and healthcare technology company Epic are collaborating to help more hospitals adopt a set of tools designed to aid in the detection and treatment of postpartum hemorrhage (PPH), a serious and potentially life-threatening complication of childbirth.  - The new collaboration aims to improve health outcomes for mothers across America by integrating point-of-care tools directly into the Electronic Health Record
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MIT Launches New Clinical Trial Using Ultrasound to Study Human Consciousness

by Fred Pennic 07/24/2025 Leave a Comment

MIT Launches New Clinical Trial Using Ultrasound to Study Human Consciousness

What You Should Know:  - Openwater, an open-source medical technology company delivering portable, hospital-grade diagnostic and therapeutic devices, today announced that the Massachusetts Institute of Technology’s (MIT) Lincoln Laboratory is the first to receive the latest version of the company’s Open-LIFU device.  - The deployment marks a major milestone for Openwater and significantly expands access to low-intensity focused ultrasound (LIFU) for clinical and academic
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UnitedHealth Group Under DOJ Probe: Medicare Billing Practices Face Criminal & Civil Investigation

by Fred Pennic 07/24/2025 Leave a Comment

UnitedHealth Group Demands Cyberattack Loan Repayments, Providers Cry Foul

What You Should Know:  - UnitedHealth Group revealed it is facing a Justice Department (DOJ) criminal and civil investigation into its Medicare billing practices, adding to a series of recent setbacks for the nation’s largest and most powerful private insurer. - The company also announced it has launched a third-party review of its business policies and performance metrics, expected to be completed by the end of the third quarter. The announcement comes after a tumultuous period for
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Reimagine Care Appoints Ann Stadjuhar as Chief Growth Officer

by Healthcare Executive Hires 07/24/2025 Leave a Comment

Reimagine Care Appoints Ann Stadjuhar as Chief Growth Officer

What You Should Know:  - Reimagine Care, a provider of technology-enabled cancer care at home announced the appointment of Ann Stadjuhar as Chief Growth Officer.  - Stadjuhar, a seasoned healthcare executive with a track record of building and scaling high-growth digital health organizations, will lead Reimagine Care’s growth, go-to-market strategy, and partnership efforts to accelerate access to more convenient, connected cancer care for patients across the country. Stadjuhar
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Humana Accelerates Prior Authorization Reforms, Pledges to Cut Requirements and Expedite Approvals

by Fred Pennic 07/24/2025 Leave a Comment

Humana Partners with Sunrise to Expand Digital Sleep Apnea Diagnostics

What You Should Know:  - Humana Inc. announced accelerated efforts to approve care requests as quickly as possible and reduce the administrative burden for physicians associated with prior authorization.  - These actions aim to streamline and reduce prior authorization requirements while preserving the system of checks and balances that protects patient safety for high-cost, high-risk treatments. Prior Authorization Reform Humana is working to reduce the "red tape" on prior
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Aidoc Secures $150M to Accelerate CARE™ Foundation Model and Clinical AI Deployment

by Fred Pennic 07/23/2025 Leave a Comment

Sutter Health to Embed Aidoc's AI Operating System to Accelerate Care

What You Should Know:  - Aidoc, a clinical AI platform with the highest number of FDA-cleared solutions in its category, secures $150M in funding, led by General Catalyst and Square Peg, with participation from NVentures (NVIDIA's venture capital arm) and four major U.S. health systems (Hartford HealthCare, Mercy, Sutter Health, and WellSpan Health). The funding also includes a $40M revolving credit facility, bringing Aidoc's total funding to $370M.  - The $150M will be used to
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NTT Data: Only 49% of Healthcare Leaders State GenAI Strategy Is Working

by Fred Pennic 07/23/2025 Leave a Comment

NTT Data: Only 49% of Healthcare Leaders State GenAI Strategy Is Working

What You Should Know:  - New research from NTT DATA, a global leader in business and technology services, reveals a significant challenge for healthcare organizations: a struggle to align their Generative AI (GenAI) ambitions with practical implementation strategies. While over 80% of healthcare leaders surveyed state they have a well-defined GenAI strategy, only 40% agree that this strategy strongly aligns with their overall business strategy. Furthermore, just 54% classify their GenAI
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