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Fred Pennic, Editor-in Chief | HIT Consultant

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

NCI Partners With Lunit to Drive AI-Powered Cancer Research

by Fred Pennic 03/31/2025 Leave a Comment

NCI Taps Lunit to Drive AI-Powered Cancer Research

What You Should Know:  - Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, has announced a collaboration with the National Cancer Institute (NCI), part of the U.S. National Institutes of Health (NIH).  - The partnership will focus on exploring innovative applications of AI in cancer research, with the goal of improving personalized cancer care. Focus on Tumor Microenvironment and Immune Phenotyping: The collaboration will concentrate on
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Ascend Learning Acquires Clover Learning to Expand Healthcare Education Offerings

by Fred Pennic 03/31/2025 Leave a Comment

Ascend Learning Acquires Clover Learning to Expand Healthcare Education Offerings

What You Should Know:  - Ascend Learning, a healthcare and learning software company acquires Clover Learning, a pioneer in online diagnostic imaging education.  - The acquisition strengthens Ascend's portfolio of allied health brands and supports its mission to deliver comprehensive training and certification solutions to healthcare professionals. Addressing the Radiology Workforce Shortage: The acquisition comes at a crucial time, as the aging U.S. population drives
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Veltris Acquires BPK Technologies to Expand Healthcare and Digital Engineering Capabilities

by Fred Pennic 03/31/2025 Leave a Comment

Veltris Acquires BPK Technologies to Expand Healthcare and Digital Engineering Capabilities

What You Should Know:  - Veltris, a digital product engineering services provider supported by Trive Capital ("Trive") and BayLink Capital ("BayLink"), has announced its acquisition of BPK Technologies ("BPK").  - The acquisition is a strategic move by Veltris to enhance its industry-specific solutions and broaden its digital engineering and data/AI capabilities, particularly within the healthcare sector. Strategic Acquisition for Growth This acquisition allows Veltris to
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HHS Overhaul Aims to Save $1.8B Annually, 10,000 Jobs Cut

by Fred Pennic 03/28/2025 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) has announced a significant restructuring initiative, undertaken in accordance with President Trump's Executive Order, "Implementing the President's 'Department of Government Efficiency' Workforce Optimization Initiative."  - The restructuring will result in an estimated $1.8B in annual savings through a reduction in the workforce by approximately 10,000 full-time employees. Combined with other HHS
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5 Ways AI Can Help Mental Health Clinicians Manage a Growing Caseload

by Loren Larsen, CEO and Co-Founder, Videra Health 03/28/2025 Leave a Comment

The Importance of Between-Visits Appointments and Mental Health

The mental health landscape is experiencing a surge in demand for services. With limited resources and an ever-growing client base, mental health providers face a daunting challenge: ensuring high-quality care for each individual while managing an overflowing caseload. This is where AI-powered mental health screening platforms can become your secret weapon. These platforms, built around principles of measurement-based care
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Sohar Health Raises $3.8M for AI-Driven Eligibility Verification Platform

by Fred Pennic 03/28/2025 Leave a Comment

Sohar Health Raises $3.8M for AI-Driven Eligibility Verification Platform

What You Should Know:  - Sohar Health, an AI-driven provider of eligibility determination and Verification of Benefits (VoB) raises $3.8M in seed funding round led by Kindred Capital, with participation from Y Combinator, General Catalyst, Character, and prominent angel investors,  - The funding will accelerate Sohar's mission to eliminate insurance barriers that delay care, burden providers, and leave patients in limbo. The Problem: Inefficient Insurance Verification: The
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seca Launches Treatment Tracker: AI-Driven Solution Integrates Body Composition with Treatment Planning

by Fred Pennic 03/28/2025 Leave a Comment

seca Launches Treatment Tracker: AI-Driven Solution Integrates Body Composition with Treatment Planning

What You Should Know:  - seca, a global leader in medical measuring and weighing launches Treatment Tracker, an innovative data-driven solution that integrates a patient's treatment plan with their body composition results on a single platform.  - The first-of-its-kind technology empowers healthcare providers to monitor clinical interventions, visualize changes, and adjust treatment plans in real-time, ultimately enhancing patient outcomes. Bridging the Gap Between Body
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Layer Health Raises $21M for AI-Powered Medical Chart Review

by Fred Pennic 03/27/2025 Leave a Comment

Layer Health Raises $21M for AI-Powered Medical Chart Review

What You Should Know:  - Layer Health, a health technology company leveraging advanced AI to transform chart review, raises $21M in Series A funding round led by Define Ventures with participation from other prominent investors. - The funding will enable Layer Health to scale its AI-powered platform, expand its team, and further its mission to improve healthcare efficiency, reduce costs, and enhance patient outcomes. AI to Tackle Healthcare's Data Challenge Founded by veteran AI
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Marit Health Launches Anonymous Salary Sharing Platform to Empower Clinicians

by Fred Pennic 03/27/2025 Leave a Comment

Marit Health Launches Anonymous Salary Sharing Platform to Empower Clinicians

What You Should Know:  - Marit Health has announced the launch of its innovative community-powered, anonymous, and verified salary sharing platform for physicians and advanced practice providers (APPs).  - Developed by physicians and led by former Glassdoor and Transcarent executives, Marit aims to provide clinicians with free and real-time access to comprehensive compensation information, along with details on schedules, shifts, and benefits, empowering them to make more
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Taxo Raises $5M to Build Out Autonomous Systems for Healthcare

by Fred Pennic 03/27/2025 Leave a Comment

Taxo Raises $5M to Build Out Autonomous Systems for Healthcare

What You Should Know:  - Taxo, a company focused on transforming healthcare administration with its AI-powered data extraction and reasoning engine secures $5M in seed funding led by Y Combinator, General Catalyst, and Character, with participation from notable angel investors. - Taxo aims to free up healthcare professionals to focus on patient care, ultimately improving efficiency and reducing costs across the healthcare ecosystem. Taxo will utilize the funding to further develop its
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