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Fred Pennic, Editor-in Chief | HIT Consultant

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

Sword Health Buys Kaia Health in $285M Deal to Expand AI Care Platform

by Fred Pennic 01/28/2026 Leave a Comment

Sword Health Buys Kaia Health in $285M Deal to Expand AI Care Platform

What You Should Know The Deal: Sword Health has acquired Kaia Health in a deal valued at $285M, cementing its status as the fastest-growing AI Care platform globally.The U.S. Strategy: Sword will transition Kaia’s millions of U.S. members onto its own AI platform, consolidating partnerships and eliminating a key competitor.The European Key: The acquisition unlocks the German market, where Kaia’s solution is already reimbursed by the national health system, instantly giving Sword access to 70
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Why NYU Langone Is Outsourcing the “Front Door” of Dementia Care

by Fred Pennic 01/28/2026 Leave a Comment

Why NYU Langone Is Outsourcing the "Front Door" of Dementia Care

What You Should Know The News: Isaac Health, a virtual brain health platform, has partnered with NYU Langone Health, one of the nation's top neurology programs, to create a new care pathway for dementia patients in New York.The Problem: New York has one of the highest projected prevalences of Alzheimer's in the U.S., creating massive demand that traditional brick-and-mortar clinics cannot meet, often resulting in months-long wait times for a diagnosis.The Model: The partnership creates a
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Kodiak Solutions Acquires BESLER to Close the “Revenue Leakage” Gap

by Fred Pennic 01/28/2026 Leave a Comment

Kodiak Solutions Acquires BESLER to Close the "Revenue Leakage" Gap

What You Should Know The Deal: Kodiak Solutions has acquired BESLER & Company, integrating a 40-year veteran of revenue recovery into its modern analytics platform.The Tech Synergy: The acquisition adds BESLER’s specialized Transfer DRG software—used to detect Medicare underpayments—to Kodiak’s broader net revenue reporting suite.The Strategy: This is a "platform play." Kodiak is consolidating niche revenue cycle tools under one roof, allowing hospital CFOs to replace fragmented point
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HGP 2026 Market Review: Why Two Decades of Health IT Failed to Bend the Cost Curve

by Fred Pennic 01/27/2026 Leave a Comment

Why Two Decades of Health IT Failed to Bend the Cost Curve

What You Should Know The Reality Check: In HGP’s 20-year retrospective, the verdict is harsh: technology delivered on workflows but failed on economics. Since HGP's founding, U.S. healthcare spending has doubled to $5.3 trillion, proving that digitization alone does not equal efficiency.The Market Rebound: Despite the cynicism, the deal market is roaring back. Q3 2025 saw a record 136 M&A deals, and valuations have settled comfortably above pre-pandemic levels (approx. 5.1x revenue),
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Oath Surgical Launches AI-Native Surgical Centers Powered by NVIDIA

by Fred Pennic 01/27/2026 Leave a Comment

Oath Surgical Launches AI-Native Surgical Centers Powered by NVIDIA

What You Should Know The Collaboration: Oath Surgical is partnering with NVIDIA to power OathOS, a "multimodal" operating system for surgery that uses spatial AI to analyze video, audio, and device data in real-time.The Differentiator: Unlike software vendors trying to retrofit legacy hospitals, Oath is vertically integrated—it owns and operates its own "AI-native" surgical centers, allowing it to architect the physical and digital environment simultaneously.The Promise: The system aims for
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Nextech Launches Cora Scribe: An Embedded AI Assistant for Specialty Practices

by Fred Pennic 01/27/2026 Leave a Comment

Nextech Launches Cora Scribe: An Embedded AI Assistant for Specialty Practices

What You Should Know The News: Nextech has launched Cora Scribe, an AI clinical assistant designed specifically for specialty practices, starting with ophthalmology.The Differentiator: Unlike generic "bolt-on" scribes that generate a summary PDF, Cora Scribe is embedded in the EHR. It streams discrete clinical data directly into specific chart fields in real-time.The Impact: By maintaining a "two-way conversation" with the patient chart, the tool reduces documentation time for both physicians
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Innovaccer and Coforge Partner on G-Forge: A New Center of Excellence for Healthcare AI

by Fred Pennic 01/26/2026 Leave a Comment

Innovaccer and Coforge Partner on G-Forge: A New Center of Excellence for Healthcare AI

What You Should Know The News: Healthcare AI company Innovaccer has partnered with digital services giant Coforge to launch G-Forge, a joint initiative designed to operationalize AI in healthcare.The Strategy: The partnership combines Innovaccer’s "Gravity" AI infrastructure with Coforge’s implementation muscle, creating a "Healthcare AI Center of Excellence" to bridge the gap between having data and using it.The Focus: The initiative targets the heavy-lifting areas of healthcare operations:
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Aptar Digital Health Partners with ŌURA to Integrate Biometrics into Migraine Buddy

by Fred Pennic 01/26/2026 Leave a Comment

Aptar Digital Health Partners with ŌURA to Integrate Biometrics into Migraine Buddy

What You Should Know The Deal: Aptar Digital Health is integrating data from the ŌURA Ring directly into Migraine Buddy, the world’s most popular migraine tracking app.The Tech: The integration combines subjective patient data (symptom logs) with objective biometric data (sleep, HRV, temperature) to help users identify invisible triggers.The Focus: The partnership places a heavy emphasis on women’s health, leveraging Oura’s cycle tracking insights to illuminate the often-overlooked link
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Suki Selected for athenahealth Preferred Partner Program in Ambient Intelligence

by Fred Pennic 01/26/2026 Leave a Comment

Suki & Google Cloud Partner to Provide Clinicians with Patient Summaries and Q&A Functionality

What You Should Know The News: Suki has been selected as a "Preferred Solution Partner" by athenahealth, effectively giving the ambient AI platform a formal stamp of approval for the network’s 150,000+ providers.The Scale: Suki is already generating 500,000 clinical notes monthly for athenahealth users, with adoption growing 50% in the last six months alone.The Access: Uniquely, the technology is available in two ways: as a standalone app (Suki for Clinicians) or deeply embedded directly into
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The Shadow AI Crisis: Why 1 in 5 Healthcare Workers Are Going Rogue with Algorithms

by Fred Pennic 01/23/2026 Leave a Comment

The Shadow AI Crisis: Why 1 in 5 Healthcare Workers Are Going Rogue with Algorithms

What You Should Know The Trend: Wolters Kluwer Health report reveals "Shadow AI"—the use of unauthorized AI tools by employees—has permeated healthcare, with nearly 20% of staff admitting to using unvetted algorithms and 40% encountering them.The Motivation: The driver isn't malice, but burnout. Clinicians are turning to these tools to speed up workflows and reduce administrative burden, often because approved enterprise alternatives are missing or inadequate.The Risk: The gap in governance
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