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Fred Pennic, Editor-in Chief | HIT Consultant

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

Oshi Health Adds New Investors to Recent $60M to Expand Multidisciplinary GI Care Access

by Fred Pennic 01/21/2025 Leave a Comment

Oshi Health Secures $60M to Expand Multidisciplinary Gastroenterology Care Access

What You Should Know:  - Oshi Health, a national multidisciplinary gastroenterology (GI) medical practice announced that American College of Gastroenterology (ACG), the American Gastroenterological Association (AGA) GI Opportunity Fund, and a group of prominent practicing physicians have joined its recent $60M Series C funding round. - This latest funding round builds on the ACG and AGA's prior investment in Oshi Health in 2023 and highlights the growing recognition of the need for
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Percipio Health Launches AI-Powered Population Health Platform with $20M

by Fred Pennic 01/21/2025 Leave a Comment

Percipio Health Launches AI-Powered Population Health Platform with $20M

What You Should Know:  - Percipio Health, a population health monitoring and management platform, today announced its official launch and the closing of a $20M in Series A funding round led by UPMC Enterprises, WAVE Ventures, and Labcorp. - Percipio's platform, developed over the past two years, utilizes the power of AI and a simple smartphone to collect whole-person health signals, enabling real-time assessments and predictive insights. This approach eliminates the need for
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Innovaccer Acquires Humbi AI to Launch AI Actuarial Copilots

by Fred Pennic 01/21/2025 Leave a Comment

Innovaccer Acquires Humbi AI to Enhance Healthcare Intelligence Cloud

What You Should Know:  - Innovaccer, a healthcare AI company, announced the acquisition of Humbi AI, a specialized healthcare actuarial software, services, and analytics company. Financial details of the acquisition were not disclosed. - The transaction marks Innovaccer's third acquisition in recent years, following Cured and Pharmacy Quality Solutions (PQS) in 2024, further solidifying the company's commitment to driving advanced healthcare transformation. Enhance Healthcare
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Iris Telehealth Acquires Telepsychiatry Provider innovaTel

by Fred Pennic 01/21/2025 Leave a Comment

What You Should Know:  - Iris Telehealth, a leading provider of telepsychiatry services, announced the acquisition of innovaTel, a division of Quartet Health renowned for its expertise in treating complex mental health conditions. Financial details of the acquisition were not disclosed.  -  The acquisition positions Iris Telehealth as one of the largest telepsychiatry companies in the nation, with a combined network of experienced clinicians and a comprehensive suite of
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MultiCare Health Taps IllumiCare to Tackle Clinical Waste with AI

by Fred Pennic 01/21/2025 Leave a Comment

MultiCare Health Taps IllumiCare to Tackle Clinical Waste with AI

What You Should Know:  - MultiCare Health System, a large healthcare network in Tacoma, Washington, has partnered with IllumiCare to integrate its clinical decision support (CDS) solution directly into its Epic electronic health record (EHR) system.  - The integration provides clinicians with real-time recommendations at the point of care, helping them make more informed decisions about medications, lab tests, and imaging studies. Targeting Inefficiencies in Healthcare
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Wearable Devices Can Predict IBD Flare-Ups Weeks in Advance, Mount Sinai Study Finds

by Fred Pennic 01/20/2025 Leave a Comment

Wearable Devices Can Predict IBD Flare-Ups Weeks in Advance, Mount Sinai Study Finds

What You Should Know:  - A new study from Mount Sinai researchers has revealed that wearable devices, like smartwatches and fitness trackers, can effectively identify, differentiate, and even predict flare-ups in individuals with inflammatory bowel disease (IBD).  - The research findings, published in the journal Gastroenterology, opens up exciting possibilities for continuous disease monitoring and proactive management of IBD using widely available technology. IBD, which
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Cedars-Sinai Under Fire: Kerlan-Jobe Alleges Unlawful Conduct in $150M Lawsuit

by Fred Pennic 01/20/2025 Leave a Comment

Cedars-Sinai Under Fire: Kerlan-Jobe Alleges Unlawful Conduct in $150M Lawsuit

What You Should Know: - The Kerlan-Jobe Orthopaedic Clinic, a renowned institution known for pioneering the Tommy John surgery and its commitment to athletes and first responders, has filed a $150M lawsuit against Cedars-Sinai Medical Care Foundation, Santa Monica Orthopaedic and Sports Medicine Group (SMOG), and several executives.  - The lawsuit, filed in Los Angeles County Superior Court, alleges a decades-long scheme by Cedars-Sinai to misappropriate Kerlan-Jobe's reputation,
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Knack RCM Acquires HealthyBOS, Expanding Global Footprint and DME Expertise

by Fred Pennic 01/20/2025 Leave a Comment

Knack RCM Acquires HealthyBOS, Expanding Global Footprint and DME Expertise

What You Should Know:  - Knack RCM, a provider of tech-enabled revenue cycle management (RCM) services, today announced the acquisition of HealthyBOS, a prominent U.S. and Philippines-based RCM provider specializing in the durable medical equipment (DME) sector.  - The strategic move significantly expands Knack RCM's global footprint and strengthens its position in the rapidly growing RCM market. Financial details of the acquisition were not disclosed.  Strategic
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Recent Digital Health Executive Hires and Promotions: Medidata Expands Team, CareRev, Philips, Eko Health, Others

by Healthcare Executive Hires, Promotions, Board Appointments 01/17/2025 Leave a Comment

AVIZVA, a health-tech organization that offers a variety of solutions for healthcare enterprises, that it has appoints James Vertino as its new CEO. Model N appoints Bret Connor as Chief Executive Officer. The Board of Directors of Blue Shield of California appoints Lois Quam as chief executive officer to lead Blue Shield of California, the first woman to serve as CEO in the health plan's 86-year history. She joined the company as president in 2024.    Yaqrit, a late-stage
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Mayo Clinic, SandboxAQ Expand Collaboration to Advance AI Cardiac Diagnostics in Amyloidosis

by Fred Pennic 01/17/2025 Leave a Comment

Mayo Clinic, SandboxAQ Expand Collaboration to Advance AI Cardiac Diagnostics

What You Should Know: - Mayo Clinic is expanding its collaboration with SandboxAQ, a provider of artificial intelligence (AI) medical apps to explore the use of electrocardiography (ECG) and magnetocardiography (MCG) technologies for characterizing disease progression and treatment response in patients with amyloidosis. - The expanded partnership highlights the potential of combining AI and advanced sensing technology to revolutionize cardiac diagnostics. Improved Detection and
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