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Fred Pennic, Editor-in Chief | HIT Consultant

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

Health Recovery Solutions (HRS) Acquires Rimidi for Chronic Care Management and RPM Integration

by Fred Pennic 03/05/2026 Leave a Comment

Health Recovery Solutions (HRS) Acquires Rimidi for Chronic Care Management and RPM Integration

What You Should Know The Acquisition: Health Recovery Solutions (HRS), a dominant player in remote patient monitoring (RPM) and enterprise remote care, has officially acquired Rimidi, an Atlanta-based chronic disease management company. Financial details were not disclosed. The Strategic Shift: The deal accelerates HRS's transition from a primarily post-acute monitoring company into a comprehensive, end-to-end longitudinal care provider. It bolsters the "PatientFirst Pathways" care model
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Greater Good Health Raises $20.5M to Expand Value-Based Primary Care Clinics

by Fred Pennic 03/05/2026 Leave a Comment

Greater Good Health Raises $20.5M to Expand Value-Based Primary Care Clinics

What You Should Know The Funding: Greater Good Health has secured a $20.5M Series B led by Allumia Ventures, alongside up to $12.5M in venture debt from HSBC Innovation Banking.The Backers: The round features strategic participation from heavy hitters, including DaVita Venture Group, Granite Financial Holdings (the investment arm of Blue Cross of Idaho), Optum Ventures, and Flare Capital Partners.The Model: The company tackles the primary care physician shortage by deploying a Nurse
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Eight Sleep Raises $50M at $1.5B Valuation with Strategic Investment from Tether

by Fred Pennic 03/04/2026 Leave a Comment

Eight Sleep Raises $50M at $1.5B Valuation with Strategic Investment from Tether

What You Should Know The Deal: Eight Sleep has secured a $50M strategic investment led by Tether Investments, pushing the smart sleep technology company to a massive $1.5 billion valuation.The Financial Reality: Unlike the majority of cash-burning consumer hardware startups, Eight Sleep achieved free-cash-flow positivity in 2025. This rare milestone proves the viability of its high-margin hardware-plus-subscription model.The Tech Shift: Eight Sleep is transitioning from a reactive sleep
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UnityAI Secures $8.5M to Scale Agentic AI for Healthcare Operations

by Fred Pennic 03/04/2026 Leave a Comment

UnityAI Secures $8.5M to Scale Agentic AI for Healthcare Operations

What You Should Know The Funding: UnityAI has closed an $8.5M in Series A funding round led by Third Prime, with participation from Nashville Capital Network, Whistler Capital Partners, and others, bringing its total capital raised to $15M.The Technology: The company is deploying an "agentic AI workforce." Unlike passive software that simply organizes information, these AI agents actively execute multi-step operational tasks across patient operations (scheduling, follow-ups, referrals) and
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athenahealth 2026 Physician Sentiment Survey: AI Adoption, EHR Efficiency, and VBC Trends

by Fred Pennic 03/04/2026 Leave a Comment

athenahealth 2026 Physician Sentiment Survey: AI Adoption, EHR Efficiency, and VBC Trends

What You Should Know The Affordability Crisis: According to the newly released 2026 Physician Sentiment Survey from athenahealth’s research hub, athenaInstitute, access to affordable healthcare has surged to become the #1 policy concern among physicians (52%, up a massive 14 points over the last three years), indicating that patient financial strain is now directly impacting clinical delivery.The Technology Paradox: While overall optimism about the U.S. healthcare system remains stagnant at
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KeyCare Raises $27.4M to Build an Epic-Native, AI-Powered Virtual Workforce

by Fred Pennic 03/03/2026 Leave a Comment

KeyCare Raises $27.4M to Build an Epic-Native, AI-Powered Virtual Workforce

What You Should Know The Funding: KeyCare, the nation's first Epic-based virtual care company, has closed a $27.4M financing round, bringing its total capital raised to over $55M led by HealthX Ventures, with participation from standard venture firms (8VC, LRVHealth, BOLD Capital Partners) alongside a massive syndicate of strategic health system partners, including WellSpan Health, Allina Health, and UChicago Ventures.The Differentiator: Instead of acting as a standalone, direct-to-consumer
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M&A: Quantum Health Acquires Virtual Care Provider CirrusMD

by Fred Pennic 03/03/2026 Leave a Comment

M&A: Quantum Health Acquires Virtual Care Provider CirrusMD

What You Should Know The Deal: Healthcare navigation giant Quantum Health has acquired CirrusMD, a premier on-demand virtual care provider. Financial details of the acquition were not disclosed. The Scale: The combined entity now boasts over 2,300 employees (internally dubbed "Healthcare Warriors") and serves more than 20 million members across public and private sector organizations in the U.S.The Clinical Hook: CirrusMD brings a chat-first, 24/7/365 virtual care model that connects patients
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Pivot Point Consulting Partners With Microsoft Rural Health Resiliency Program for Dragon Copilot Deployment

by Fred Pennic 03/03/2026 Leave a Comment

Pivot Point Consulting Partners With Microsoft Rural Health Resiliency Program for Dragon Copilot Deployment

What You Should Know The Partnership: Pivot Point Consulting has partnered with the Microsoft Rural Health Resiliency Program to deploy Microsoft's Dragon Copilot AI to resource-strapped rural healthcare providers.The Financials: To remove the cost barrier of enterprise-grade AI, Microsoft is offering a staggering 60% discount off MSRP to eligible independent Critical Access Hospitals, Rural Emergency Hospitals, and Rural Community Hospitals.The Technology: Dragon Copilot is an advanced AI
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DarcyIQ Integrates with Epic and athenahealth to Slash Admin Time

by Fred Pennic 03/03/2026 Leave a Comment

DarcyIQ Integrates with Epic and athenahealth to Slash Admin Time

What You Should Know: The Launch: DarcyIQ, an AI revenue acceleration platform developed by AWS Premier Tier Partner Innovative Solutions, has announced native integrations with Epic and athenahealth's athenaOne.The Technology: The integrations leverage Model Context Protocol (MCP) server architecture. This provides a secure, HIPAA-aligned connection that allows users to interact with their EHRs through natural language conversations, without needing to switch between platforms.The ROI:
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Anterior Integrates Clinical AI into HealthEdge GuidingCare for Utilization Management

by Fred Pennic 03/03/2026 Leave a Comment

Anterior Integrates Clinical AI into HealthEdge GuidingCare for Utilization Management

What You Should Know The Partnership: Anterior, a clinician-led AI platform, is integrating its clinical reasoning engine directly into HealthEdge's GuidingCare®, a massive care management platform utilized by more than 70 health plans covering over 30 million lives.The Market Pressure: Prior authorization remains a uniquely resource-intensive function, contributing to roughly $35 billion in annual U.S. administrative spending. Health plans are facing a dual threat: skyrocketing request
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