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Fred Pennic, Editor-in Chief | HIT Consultant

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

Navina Secures $55M to Expand AI-Powered Clinical Intelligence

by Fred Pennic 03/25/2025 Leave a Comment

Navina Secures $55M to Expand AI-Powered Clinical Intelligence

What You Should Know:  - Navina, a provider of AI-powered clinical intelligence raises $55M in Series C funding round, bringing its total funding to $100M.  - The investment, led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors including Vertex Ventures Israel, Grove Ventures, and ALIVE, will fuel Navina's expansion across the U.S. healthcare market and drive further innovation in its AI technology. AI-Powered Copilot Delivering
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Roper Technologies to Acquire CentralReach for $1.65B

by Fred Pennic 03/25/2025 Leave a Comment

Roper Technologies Acquires Autism & IDD Care Company CentralReach

What You Should Know:  - Roper Technologies has announced a definitive agreement to acquire CentralReach, a provider of autism and intellectual and developmental disabilities (IDD) care software for applied behavior analysis (ABA), multidisciplinary therapy, and special education for $1.65B, which includes a $200M tax benefit resulting from the transaction. - The acquisition will see Roper Technologies take ownership from global software investor Insight Partners. Roper anticipates
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23andMe Files for Chapter 11 Bankruptcy to Facilitate Sale

by Fred Pennic 03/24/2025 Leave a Comment

23andMe to Mine Genetic Data for Drug Discovery

What You Should Know:  - 23andMe, a human genetics and biotechnology company, has announced its decision to initiate voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri.  - The bankruptcy filing is aimed at facilitating a structured sale process to maximize the value of its business. The company has assured its customers that operations will continue as normal and that there will be no changes to the way customer data is stored,
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Mount Sinai Launches NYC’s First Center for AI in Children’s Health

by Fred Pennic 03/24/2025 Leave a Comment

Mount Sinai Launches NYC's First Center for AI in Children's Health

What You Should Know:  - The Icahn School of Medicine at Mount Sinai has unveiled the Center for Artificial Intelligence (AI) in Children’s Health, an initiative that marks New York City’s first dedicated center focused on leveraging AI to transform pediatric healthcare.  - The new center aims to transform children's health outcomes through the development of AI-powered solutions for enhanced diagnostics, personalized treatments, and optimized care delivery for youth and
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Cedars-Sinai Deploys AI-Powered At-Home Scoliosis Monitoring for Pediatric Patients

by Fred Pennic 03/24/2025 Leave a Comment

Cedars-Sinai Deploys AI-Powered At-Home Scoliosis Monitoring for Pediatric Patients

What You Should Know:  - Cedars-Sinai Spine has launched an innovative pilot program at Cedars-Sinai Guerin Children’s, revolutionizing scoliosis management for pediatric patients by utilizing artificial intelligence (AI) for radiation-free, at-home monitoring and brace compliance tracking. - The program leverages Momentum Spine, an AI-driven mobile spine-imaging and monitoring platform, a graduate of the Cedars-Sinai Accelerator program. This platform offers a groundbreaking approach
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Operation Warp Speed Leader Tapped as Panther Life Sciences’ New R&D Chief

by Healthcare Executive Hires 03/24/2025 Leave a Comment

Operation Warp Speed Leader Tapped as Panther Life Sciences’ New R&D Chief

What You Should Know:  - Panther Life Sciences, a life sciences company specializing in skin-based treatments using microarray patches (MAPs), has announced the appointment of Dr. Matthew Hepburn as Executive Vice President of Research and Development.  - Dr. Hepburn will be instrumental in driving Panther’s strategic vision to commercialize its patented MAP technology, with a focus on delivering the first commercial product to market within the next two years. - In his new
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5 Ways AI Is Innovating Preventative Care

by Fred Pennic 03/24/2025 Leave a Comment

5 Ways AI Is Innovating Preventative Care

Artificial intelligence (AI) has been making headlines in all industries. Its rapid implementation and improvement are at the forefront of everyone’s thoughts, and the healthcare industry is no exception. AI’s ability to quickly analyze patient data has many beneficial applications, including preventative care.  Preventative care is one of the most important healthcare sectors, as it literally saves lives by reversing or deterring preventable conditions, symptoms, and diseases, including
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1 in 7 Americans Now Live in a Pharmacy Desert, GoodRx Reveals

by Fred Pennic 03/21/2025 Leave a Comment

1 in 7 Americans Now Live in a Pharmacy Desert

What You Should Know:  A silent crisis is unfolding across the United States, as pharmacy deserts proliferate, leaving millions of Americans without convenient access to essential medications and vital healthcare services, according to new data from GoodRx.  - The expanding problem is not merely an inconvenience; it represents a significant threat to public health, exacerbating existing health disparities and straining an already burdened healthcare system. Defining Pharmacy
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State of Ohio Taps Bamboo Health to Reduce Fatal Drug Overdoses

by Fred Pennic 03/21/2025 Leave a Comment

What You Should Know:  - In a proactive effort to combat the ongoing opioid epidemic and reduce drug overdose fatalities, Bamboo Health™, a leader in Real-Time Care Intelligence™, is partnering with the State of Ohio to strengthen its prescription drug monitoring system, the Ohio Automated Rx Reporting System (OARRS).  - The strategic collaboration will introduce a critical new feature, OD Insights™, designed to alert healthcare providers within their existing workflows if a
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Forcura and Medalogix Merge to Transform Post-Acute Care

by Fred Pennic 03/21/2025 Leave a Comment

Forcura and Medalogix Merge to Transform Post-Acute Care

What You Should Know:  - Forcura, an intelligent workflow management company, and Medalogix, a clinical decision support company, have announced their merger, creating a powerful new post-acute care technology platform.  - The strategic combination aims to enhance patient care and streamline operations for home-based care providers and across the broader healthcare continuum. The merger will be backed by Berkshire Partners, which will become the majority owner, and The Vistria Group,
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