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Fred Pennic, Editor-in Chief | HIT Consultant

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

NewDays Secures $7M to Expand AI-Powered Cognitive Health Program to Texas

by Fred Pennic 09/03/2025 Leave a Comment

NewDays Secures $7M to Expand AI-Powered Cognitive Health Program to Texas

What You Should Know:  - NewDays, a company offering a science-backed cognitive health treatment program, has announced an oversubscribed $7M seed funding round from General Catalyst and Madrona.  - The company is also expanding its services to Texas, following a successful pilot phase in California, Washington, and Florida. The expansion aims to address the significant challenge of cognitive impairment in the U.S., where 1 in 3 people over the age of 65 have a serious cognitive
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ArcaScience Raises $7M to Advance AI-Powered Drug Benefit-Risk Evaluation

by Fred Pennic 09/03/2025 Leave a Comment

ArcaScience Raises $7M to Advance AI-Powered Drug Benefit-Risk Evaluation

What You Should Know:  - ArcaScience, a Paris, France-based AI Healthtech startup, has announced a $7M seed funding round led by The Moon Venture, with participation from Pléiade Venture, Plug&Play Ventures, Bpifrance, and AKKA Technologies. This marks the company's first institutional funding round, following a €1.3 million pre-seed raise. - The new funds will be used to expand operations in the U.S. and U.K., launch the company’s first patient-facing solution, and strategically
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WellSpan Health and General Catalyst Partner to Transform Healthcare Delivery

by Fred Pennic 09/03/2025 Leave a Comment

WellSpan Health and General Catalyst Announce Partnership to Transform Healthcare Delivery

What You Should Know:  - WellSpan Health and General Catalyst’s Health Assurance Transformation Company (HATCo) have announced an expanded collaboration.  - The new initiative builds on a strategic partnership that began in 2023, with WellSpan Health becoming the first Transformation Partner to HATCo. The two organizations will work together to modernize and transform healthcare delivery through the development of new AI technologies. Targeting Three Critical Areas of
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Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

by Fred Pennic 09/03/2025 Leave a Comment

Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

What You Should Know:  - Onvida Health and Ambience Healthcare have announced the launch of new ambient AI capabilities directly inside Epic's Hyperspace and Haiku applications.  - This enterprise-wide deployment gives Onvida clinicians seamless access to Ambience's chart summarization, ambient scribing, coding, and patient summary technology without ever leaving the Epic platform. Epic Integration Impact The Epic integration builds on a successful partnership announced in
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Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

by Fred Pennic 09/03/2025 Leave a Comment

Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

What You Should Know:  - Meroka, a company focused on restoring humanity in healthcare, has publicly launched with a $6M in seed funding round led by Better Tomorrow Ventures and Slow Ventures, with participation from 8VC and other investors.  - Meroka's unique approach combines an employee ownership model with technology that reduces the administrative burden of running a practice. The company's mission is to help independent care teams focus on what they do best: caring for
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

by Fred Pennic 09/02/2025 Leave a Comment

Evernorth Health Services Invests $3.5B in Shields Health Solutions

What You Should Know:  - Evernorth Health Services, a subsidiary of The Cigna Group, has announced a $3.5B investment in Shields Health Solutions, a specialty pharmacy management company.      - The investment coincides with Shields' establishment as a private standalone company following its acquisition by Sycamore Partners, a private equity firm. - Evernorth's investment is in the form of preferred stock and is not expected to have a material impact on The
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Predoc Raises $30M to Launch AI-Native Platform for Health Information Management

by Fred Pennic 09/02/2025 Leave a Comment

Predoc Raises $30M to Launch AI-Native Platform for Health Information Management

What You Should Know:  - Predoc, a new AI-native platform for Health Information Management secures $30M in Series A and seed funding led by Base10 Partners, with additional participation from Northzone, ENIAC Ventures, and Entrepreneurs Roundtable Accelerator (ERA). The seed funding also included angel investments from founders of notable healthcare companies like Flatiron Health and Datavant. - Founded by Nishant Hari, Dr. Kaushal Kulkarni, Dr. Priya Mehta, and Alex Daniels, Predoc
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HHS Regulatory Breakthrough to Streamline Prior Authorizations and Improve Drug Price Transparency

by Fred Pennic 09/02/2025 Leave a Comment

HHS Unveils Data Strategy to Fuel Cancer Moonshot & Health Outcomes

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) has announced a new regulatory reform that will give doctors and patients real-time access to prescription drug information.  - The rule, which takes effect on October 1, will allow millions of Americans for the first time to compare drug prices, view out-of-pocket costs, and access prior authorization requirements. The reform aims to help them identify the most cost-effective treatments and prevent
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Philips Future Health Index 2025: AI and Digital Tech Can Help Solve Cardiac Care Crisis

by Fred Pennic 09/02/2025 Leave a Comment

Philips Future Health Index 2025: AI and Digital Tech Can Help Solve Cardiac Care Crisis

What You Should Know:  - Philips has unveiled new findings from its Future Health Index 2025: Cardiology Snapshot, a report that explores how cardiac care professionals and patients view the role of AI and digital health technologies in transforming heart health.  - The report offers a candid look at the pressing challenges in cardiology and the growing potential of AI to alleviate them. Cardiovascular disease affects over 640 million people globally, putting an enormous strain
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Oatmeal Health and Coreline Soft Partner to Distribute AI-Powered Lung Cancer Screening in U.S.

by Fred Pennic 08/29/2025 Leave a Comment

Oatmeal Health and Coreline Soft Partner to Distribute AI-Powered Lung Cancer Screening in U.S.

What You Should Know:  - Oatmeal Health and Coreline Soft, a publicly traded leader in AI imaging from South Korea and the U.S., have partnered to co-develop and distribute AI-powered lung cancer screening solutions across the U.S.  - The strategic collaboration aims to accelerate equitable access to early detection and screening for the communities that need it most. Expanding Lung Cancer Screening Access in FQHCs According to the Lung Cancer Foundation of America, lung
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