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Fred Pennic, Editor-in Chief | HIT Consultant

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

Cleerly Secures $106M to Advance AI-Powered Cardiac Care

by Fred Pennic 12/05/2024 Leave a Comment

Cleerly Raises $106 Million in Funding Led by Insight Partners to Revolutionize Heart Disease Care

What You Should Know:  - Cleerly, a pioneer in advanced cardiovascular imaging, has announced the successful closure of its Series C extension funding round, raising a total of $106M led by Insight Partners, with participation from Battery Ventures and existing investors.  - The funding will enable Cleerly to expand its reach and make its AI-powered cardiac care solutions accessible to more patients as well as invest in research and clinical trials to further validate the
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Offcall Launches with $2M for Financial & Career Platform for Physicians

by Fred Pennic 12/05/2024 Leave a Comment

Offcall Launches with $2M for Financial & Career Platform for Physicians

What You Should Know:  - Offcall, a new digital platform designed specifically for physicians, has officially launched to address the growing financial and career challenges faced by doctors across the United States. - Offcall has raised $2M in funding from investors, including Bloomberg Beta and Roar Ventures, as well as prominent physicians across the U.S. This investment will support the platform's growth and expansion of its offerings. Addressing the Challenges Faced by
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Cotiviti Appoints Suvajit Gupta as Chief Technology Officer

by Healthcare Executives Hires 12/05/2024 Leave a Comment

Cotiviti Appoints Suvajit Gupta as Chief Technology Officer

What You Should Know:  - Cotiviti, a provider of data-driven healthcare solutions, has appointed seasoned technology leader Suvajit Gupta as its new Chief Technology Officer (CTO).  - Gupta brings over 30 years of experience in technology leadership to Cotiviti, where he will play a key role in shaping the company's technology strategy and driving innovation across its portfolio of solutions for healthcare payers and retailers. Gupta Bio/Background Gupta joins Cotiviti from
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UnitedHealthcare CEO Brian Thompson Fatally Shot in Manhattan

by Fred Pennic 12/04/2024 Leave a Comment

UnitedHealthcare CEO Brian Thompson Fatally Shot in Manhattan

What You Should Know:  - Brian Thompson, the CEO of UnitedHealthcare, was tragically shot and killed in Midtown Manhattan on Wednesday morning. The incident occurred outside the New York Hilton Hotel where Thompson was scheduled to attend the annual UnitedHealth Group investor conference. - Brian Thompson, 50, was named CEO of UnitedHealthcare in April 2021.  Details of the Incident According to law enforcement sources, Thompson was approaching the hotel when a gunman
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AI Tops ECRI’s Top 10 Health Technology Hazards for 2025

by Fred Pennic 12/04/2024 Leave a Comment

AI Tops ECRI’s Top 10 Health Technology Hazards for 2025

What You Should Know:  - ECRI, a non-profit organization focused on healthcare safety, has released its annual Top 10 Health Technology Hazards report for 2025.  - This year, the report highlights the potential risks associated with artificial intelligence (AI) in healthcare, emphasizing the need for careful assessment and management of AI-enabled technologies to ensure patient safety. AI: A Double-Edged Sword in Healthcare While AI offers tremendous promise for improving
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Supreme Group Acquires Amendola Communications, Expanding its Healthcare Marketing and PR Reach

by Fred Pennic 12/04/2024 Leave a Comment

Supreme Group Acquires Amendola Communications, Expanding its Healthcare Marketing and PR Reach

What You Should Know: - Supreme Group, a leading healthcare and life sciences marketing and communications platform, has acquired Amendola Communications, a renowned agency specializing in integrated public relations, marketing, and social media services for the healthcare industry. - The strategic acquisition strengthens Supreme Group's position as a comprehensive provider of marketing and communications solutions for healthcare and life sciences companies. Financial details of the
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Intermountain Health Appoints Ryan Smith Named as Chief Digital and Information Officer

by Healthcare Executive Hires 12/04/2024 Leave a Comment

Intermountain Health Appoints Ryan Smith Named as Chief Digital and Information Officer

What You Should Know:  - Intermountain Health has selected Ryan Smith as its new chief digital and information officer (CDIO), following a comprehensive national search.  - Smith, a seasoned healthcare technology leader with a strong track record at Intermountain and other prominent healthcare organizations, will assume his new role in early 2025. Leading Intermountain's Digital Transformation As CDIO, Smith will play a crucial role in leading Intermountain's digital
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Soda Health Raises $50M for Healthcare Benefits Admin Platform to Reduce Health Inequities

by Fred Pennic 12/03/2024 Leave a Comment

Soda Health Raises $50M for Healthcare Benefits Admin Platform to Reduce Health Inequities

What You Should Know:  - Soda Health, a health tech company transforming the way healthcare benefits are utilized, has announced a $50 million Series B funding round led by General Catalyst, with participation from former Humana CEO Bruce Broussard and from existing investors Lightspeed Venture Partners, Define Ventures, Qiming Venture Partners USA, and SVB Capital.  - The Series B round of funding will fuel Soda Health's mission to improve health outcomes and reduce inequities
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Philips, Mayo Clinic Partner to Advance AI in Cardiac MRI

by Fred Pennic 12/03/2024 Leave a Comment

Philips, Mayo Clinic Partner to Advance AI in Cardiac MRI

What You Should Know:  - Philips and Mayo Clinic have announced a research collaboration to advance magnetic resonance imaging (MRI) for cardiac applications with artificial intelligence (AI).  - The strategic partnership will leverage the power of AI and clinical expertise to improve operational efficiency, shorten exam times, and expand access to cardiac MRI for more patients. AI-Driven Efficiency in Cardiac MRI The collaboration will combine Mayo Clinic's proprietary AI
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Xsolis Launches Generative AI Solution to Streamline Healthcare Appeals

by Fred Pennic 12/03/2024 Leave a Comment

Xsolis Launches Generative AI Solution to Streamline Healthcare Appeals

What You Should Know:  - Xsolis, a provider of AI-driven solutions for healthcare administration, has announced the launch of a new generative AI platform designed to streamline the appeals process for healthcare providers.  - MultiCare Health System in Washington State will be the first to pilot this innovative solution, which aims to reduce administrative burden and improve revenue cycle efficiency. Addressing Administrative Waste in Healthcare Healthcare providers face
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