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Fred Pennic, Editor-in Chief | HIT Consultant

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

HistoSonics Valued at $2.25B After Major Acquisition to Accelerate Histotripsy Growth

by Fred Pennic 08/15/2025 Leave a Comment

HistoSonics Valued at $2.25B After Major Acquisition to Accelerate Histotripsy Growth

What You Should Know:  - HistoSonics, the company behind the non-invasive Edison® Histotripsy System, has announced a management-led majority stake acquisition by a syndicate of private and public investors, including K5 Global, Bezos Expeditions, and Wellington Management.  - The transaction values the company at approximately $2.25 billion and is expected to accelerate the growth of its Edison System across new clinical indications and global markets. The company will continue
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Research: $3.8M NIH Grant to Study Childhood Protein as COPD Predictor

by Fred Pennic 08/15/2025 Leave a Comment

Research: $3.8M NIH Grant to Study Childhood Protein as COPD Predictor

What You Should Know:  - University of Arizona (UArizona) researchers have been awarded a new $3.8M grant from the National Institutes of Health (NIH) to investigate whether low levels of a lung protein called CC16 can predict who will develop chronic obstructive pulmonary disease (COPD) decades before symptoms appear.  - The five-year study, funded by the National Institute of Allergy and Infectious Diseases, is led by Dr. Stefano Guerra, director of population science at the U
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Better Medicine Raises $7M to Commercialize AI-Powered Radiology Tools

by Fred Pennic 08/14/2025 Leave a Comment

Better Medicine Raises $7M to Commercialize AI-Powered Radiology Tools

What You Should Know:  - Better Medicine, an AI-powered diagnostic startup for radiology, has secured nearly €6M ($6.89M) in total funding. The company recently raised €1M ($1.1M) in a pre-seed funding round led by Soulmates Ventures, with additional participation from Specialist VC, UT Ventures, and several angel investors.  - The funding follows a €2.5M ($2.9M) grant from the European Innovation Council (EIC) and other grants, bringing its total funding to €2.25M ($2.6M) in
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Altera Digital Health Launches TouchWorks Note+ to Combat Provider Burnout with AI

by Fred Pennic 08/14/2025 Leave a Comment

Altera Digital Health Launches TouchWorks Note+ to Combat Provider Burnout with AI

What You Should Know:  - Altera Digital Health, a global health IT leader, has announced the launch of TouchWorks Note+, an ambient listening and note generation solution.  - Designed to help independent providers reduce documentation burdens, save time, improve data accuracy, and enhance patient interactions, the solution is fully integrated with the TouchWorks® EHR. This marks the latest step in Altera’s ongoing investment in AI development and EHR workflow
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Oracle Launches AI-Fueled, Voice-First EHR for Ambulatory Care Providers

by Fred Pennic 08/13/2025 Leave a Comment

Oracle Launches AI-Fueled, Voice-First EHR for Ambulatory Care Providers

What You Should Know:  - Oracle has introduced its new, modern Electronic Health Record (EHR) system for ambulatory providers in the U.S., a solution designed to bring EHRs into the 21st century.  - The new Oracle Health EHR is an AI-fueled, voice-first solution that helps clinicians enhance care quality by providing contextual and conversational intelligence.  Reimagining Care for the "Agentic AI" Era The Oracle Health EHR is built on Oracle Cloud Infrastructure
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Humana and DrFirst Integrate Prescription Alerts into Clinical Workflows

by Fred Pennic 08/13/2025 Leave a Comment

Humana and DrFirst Partner to Close Care Gaps with Prescription Alerts

What You Should Know:  - Humana Inc. and health technology company DrFirst have announced a new program designed to close gaps in care for patients with chronic conditions like diabetes and cardiovascular disease.  - The program aims to help healthcare providers take timely and informed action by connecting with them directly within their clinical workflow. The first phase of this initiative will focus on increasing the use of statin therapy among eligible patients, aligning with
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Avo and MEDITECH Partner to Integrate AI Scribe into Expanse EHR

by Fred Pennic 08/13/2025 Leave a Comment

Avo and MEDITECH Partner to Integrate AI Scribe into Expanse EHR

What You Should Know:  - Avo, an AI platform designed to improve clinical and operational workflows and combat provider burnout, has announced a partnership with MEDITECH.  - The collaboration will enable Avo’s AI Scribe product to be seamlessly integrated within the MEDITECH Expanse platform. The integration will provide MEDITECH hospitals with native access to Avo's ambient listening technology, offering AI-driven support for documentation and enhancing ambient notes with a
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Neuroglee and Mayo Clinic Partner to Deliver AI-Powered Dementia Care

by Fred Pennic 08/12/2025 Leave a Comment

Neuroglee and Mayo Clinic Partner to Deliver AI-Powered Dementia Care

What You Should Know:  - Neuroglee Health, a leader in value-based dementia care, has announced an expanded collaboration with Mayo Clinic to deliver comprehensive virtual cognitive and dementia care to patients and provide dedicated support for their care partners.  - The collaboration builds on their previous work developing the Neuroglee Connect™ solution, which is guided by the HABIT Healthy Action to Benefit Independence & Thinking® program. Comprehensive, Virtual
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The Starfield Signal: A New Roadmap for AI in Primary Care

by Fred Pennic 08/12/2025 Leave a Comment

The Starfield Signal: A New Roadmap for AI in Primary Care

What You Should Know:  - The American Academy of Family Physicians (AAFP) and Rock Health have collaborated on a new report titled "The Starfield Signal: A Shared Vision and Roadmap for AI in Primary Care," which presents a shared vision and roadmap for the responsible and effective integration of artificial intelligence (AI) into primary care.  - The report, which is the culmination of an initiative launched in September 2024, reflects insights from a national survey of over
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Amalgam Rx Secures $20M to Accelerate AI-Powered Healthcare Solutions

by Fred Pennic 08/12/2025 Leave a Comment

Amalgam Rx Secures $20M to Accelerate AI-Powered Healthcare Solutions

What You Should Know:  - Amalgam Rx, a company specializing in data-driven healthcare decision-making, has announced a $20M credit investment from Catalio Capital Management.  - The $20M senior secured term loan provides Amalgam with an initial draw of $12M to support its market expansion and refinance existing corporate debt. The credit investment also gives Amalgam access to Catalio’s extensive network of life sciences leaders, including its board of advisors and over 45
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