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Fred Pennic, Editor-in Chief | HIT Consultant

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

Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents

by Fred Pennic 07/22/2026 Leave a Comment

Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents

What You Should Know Provider operations platform Assured has raised $19 million in Series A funding led by Insight Partners, with continued participation from First Round Capital and Kindred Ventures.Assured serves more than 100 healthcare organizations—spanning health systems like Houston Methodist to digital health providers like Tono Health, Blossom Health, and Birches Health.The platform replaces manual provider credentialing and payer enrollment workflows with autonomous AI agents that
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Cheiron Raises $8M to Launch AI-Native the Operating System for Drug Programs

by Fred Pennic 07/22/2026 Leave a Comment

Cheiron Raises $8M to Launch AI-Native the Operating System for Drug Programs

What You Should Know AI-native life sciences platform Cheiron has secured $8M in seed funding led by Menlo Ventures, with Venky Ganesan joining the board.Strategic backers include Moderna co-founder Robert Langer, former Pfizer CMO Freda Lewis-Hall, Chai Discovery CEO Josh Meier, former Starbucks CEO Laxman Narasimhan, and former Apple AI chief John Giannandrea.Cheiron is designed to replace fragmented spreadsheets, papers, and filings by representing an entire drug development lifecycle as a
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KLAS Research Releases 2026 RCM Suites Report: Waystar Leads Market in Overall Satisfaction

by Fred Pennic 07/22/2026 Leave a Comment

KLAS Research Releases 2026 RCM Suites Report: Waystar Leads Market in Overall Satisfaction

What You Should Know The 2026 KLAS Revenue Cycle Management Suites Report focuses on healthcare organizations using at least three distinct RCM modules (e.g., claims, eligibility, denials, insurance discovery) from a single vendor.KLAS highlights that while consolidation is accelerating, it has yet to validate a single vendor offering a fully mature, end-to-end RCM platform without functional trade-offs.Waystar earned an overall "A" grade—the highest in the report—driven by strong strategic
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Healthcare Growth Partners Releases July 2026 Health IT Market Review: Key Valuations and M&A Benchmarks

by Fred Pennic 07/22/2026 Leave a Comment

Healthcare Growth Partners Releases July 2026 Health IT Market Review: Key Valuations and M&A Benchmarks

What You Should Know U.S. Health IT M&A and buyout volume rebounded in Q2 2026 to 121 announced transactions after averaging 101 transactions across Q4 2025 and Q1 2026, according to Healthcare Growth Partners’ July 2026 Health IT Market Review report. The HGP Health IT Revenue Multiple recovered to 4.7x revenue by the end of Q2 2026 after dropping from 5.3x down to 3.7x in April.Health IT demonstrated strong resilience during the "SaaSpocalypse," outperforming broader Enterprise
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M&A: Focus to Acquire Managed Services Provider GuideIT

by Fred Pennic 07/22/2026 Leave a Comment

M&A: Focus to Acquire Managed Services Provider GuideIT

What You Should Know Healthcare managed IT platform Focus has signed a definitive agreement to acquire Plano, Texas-based GuideIT. Post-closing, the entity will operate as GuideIT, A Focus Company.The transaction is designed to replace the fragmented model of multi-vendor IT management—where health systems juggle separate providers for cloud, cybersecurity, and EHR support—with a single, accountable operating partner.GuideIT brings over twenty years of operational delivery, spanning managed
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M&A: SpinSci Acquires Dialog Health to Expand AI-Powered Patient Access Platform Across Voice and Text

by Fred Pennic 07/21/2026 Leave a Comment

M&A: SpinSci Acquires Dialog Health to Expand AI-Powered Patient Access Platform Across Voice and Text

What You Should Know Dallas-based agentic AI leader SpinSci has formally acquired Franklin, Tenn.-based patient and staff engagement provider Dialog Health.The deal bridges SpinSci’s proprietary, AI-driven voice access and contact center automation tools with Dialog Health’s two-way SMS, Rich Communication Services (RCS), and automated outreach platform.Dialog Health brings a proven track record to the platform, including an 82% reduction in 90-day readmissions, a 92% decrease in
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Philips Earns FDA 510(k) Clearance for Next-Generation Reusable SpO₂ Clip Sensor

by Fred Pennic 07/21/2026 Leave a Comment

Philips Earns FDA 510(k) Clearance for Next-Generation Reusable SpO₂ Clip Sensor

What You Should Know Philips has officially secured U.S. FDA 510(k) clearance for its next-generation reusable SpO₂ clip sensor.In controlled desaturation studies, the enhanced sensor achieved an Accuracy Root Mean Square (ARMS) value of 1.6%—nearly twice as accurate as the 3% threshold recommended by ISO guidelines and recognized by the FDA.Addressing industry-wide pulse oximetry disparities, the sensor demonstrated consistent clinical performance across a broad spectrum of skin tones, with
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Headspace Expands Specialty Care Ecosystem via Partnerships with Charlie Health, Cortica, Prosper, and Equip

by Fred Pennic 07/21/2026 Leave a Comment

Headspace Expands Specialty Care Ecosystem via Partnerships with Charlie Health, Cortica, Prosper, and Equip

What You Should Know Digital mental health platform Headspace has launched new clinical care partnerships with Charlie Health, Cortica, Prosper Health, and Equip.The move comes as nearly one-third of referral requests across Headspace’s 65,000+ clinician network require specialized, high-need behavioral intervention.Headspace’s dedicated Referral Coordination team executes warm handoffs, maintaining clinical continuity for members accessing care via EAPs, employers, health plans, or direct
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Nabla Names Former Bamboo Health Executive Brian Manning as CEO to Accelerate Enterprise Growth

by Healthcare Executive Hires 07/21/2026 Leave a Comment

Nabla Names Former Bamboo Health Executive Brian Manning as CEO to Accelerate Enterprise Growth

What You Should Know Ambient clinical AI pioneer Nabla has appointed Brian Manning as Chief Executive Officer to scale its enterprise go-to-market execution and global expansion.Manning previously served as President and CRO at Bamboo Health (scaling ARR to $140M+), led GTM strategy at PatientPing through its acquisition, and helped launch the enterprise sales engine at Zocdoc.Co-founder and former CEO Alex LeBrun moves to Executive Chairman and Chief AI Officer, focusing strictly on Nabla's
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Sunwave Appoints Corey Hansen as CEO and Launches Crest Customer Advisory Board

by Healthcare Executive Hires 07/21/2026 Leave a Comment

Sunwave Appoints Corey Hansen as CEO and Launches Crest Customer Advisory Board

What You Should Know Modern behavioral health software leader Sunwave has appointed Corey Hansen as Chief Executive Officer. Hansen brings two decades of healthcare technology scaling experience, previously driving annual recurring revenue past $40 million as CEO of Lumistry.Sunwave introduced Crest, its newly established customer advisory board bringing together executive, clinical, and operational leaders from nine prominent behavioral health organizations across the United States.Nashville
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