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Fred Pennic, Editor-in Chief | HIT Consultant

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

miRoncol Develops Multi-Cancer Early Detection Blood Test

by Fred Pennic 10/16/2024 Leave a Comment

miRoncol Develops Multi-Cancer Early Detection Blood Test

What You Should Know:  - miRoncol, a medtech startup, has announced the completion of proof-of-concept studies for a groundbreaking multi-cancer early detection blood test.  - The test utilizes microRNA analysis and machine learning, two technologies recognized by the 2024 Nobel Prizes, to identify cancers at their earliest stages, even before the onset of noticeable symptoms. The Power of microRNA and Machine Learning MicroRNAs (miRNAs) are small RNA molecules that play a
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MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

by Fred Pennic 10/16/2024 Leave a Comment

MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

What You Should Know:  - MDisrupt, a leading expert marketplace for the health tech and life sciences industries, has announced a significant milestone with a $1M investment from American Heart Association Ventures.  - The strategic partnership will support the expansion of MDisrupt's AI-powered platform, connecting healthcare companies with vetted experts to accelerate innovation and improve patient outcomes. Addressing the Need for Specialized Expertise The healthcare
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ClinicMind Acquires ChiroDominance, Expands Multispecialty Reach

by Fred Pennic 10/15/2024 Leave a Comment

ClinicMind Acquires ChiroDominance, Expands Multispecialty Reach

What You Should Know:  - ClinicMind, a provider of comprehensive practice management and patient care solutions, has acquired ChiroDominance, a prominent patient engagement and marketing platform for chiropractic practices.  - The strategic acquisition strengthens ClinicMind's position as a multispecialty platform and expands its offerings to enhance the entire patient care cycle. Expanding ClinicMind's Multispecialty Platform ChiroDominance has established itself as a
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Healthie Raises $23M to Advance API-First EHR Platform

by Fred Pennic 10/15/2024 Leave a Comment

Healthie Raises $23M to Advance API-First EHR Platform

What You Should Know:  - Healthie, an NYC-based provider of API-first EHR, scheduling, and engagement solutions, has secured $23 million in Series B funding led by TCV, with participation from existing investors including Birchmere, Velvet Sea Ventures, and Greymatter, and Watershed.  - Healthie recognizes the importance of collaboration in addressing the complex challenges of healthcare. Its Healthie Harbor marketplace enables third-party developers to integrate their solutions with
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Alchemy Secures $31M to Expand In-House Pharmacy Programs for Underserved HIV Communities

by Fred Pennic 10/15/2024 Leave a Comment

Alchemy Secures $31M to Expand In-House Pharmacy Programs for Underserved HIV Communities

What You Should Know:  - Alchemy, a healthcare company focused on improving access to medications for underserved populations secures $31M in seed funding.  - The investment was led by Andreessen Horowitz (a16z) Bio + Health, with participation from Earvin "Magic" Johnson, Sandberg Bernthal Venture Partners, Banc of California, and other investors.   Expanding Access to Care for HIV Communities Alchemy provides the infrastructure and technology needed to build and
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Emteq Labs Unveils World’s First Emotion-Sensing Eyewear for Health and Beyond

by Fred Pennic 10/15/2024 Leave a Comment

Emteq Labs Unveils World's First Emotion-Sensing Eyewear for Health and Beyond

What You Should Know:  - Emteq Labs, a pioneer in emotion-recognition wearable technology, has announced the upcoming launch of Sense, groundbreaking eyewear that can detect and analyze emotions in real-time. - The company also announced the appointment of Steen Strand, former head of Snap Inc.'s hardware division, as CEO. Sense: A New Era of Emotion-Aware Technology Sense is the culmination of a decade of research and development by Emteq Labs, led by renowned surgeon and
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Parakeet Health Launches With $3M for GenAI Voice Platform to Enhance Patient Engagement

by Fred Pennic 10/15/2024 Leave a Comment

Parakeet Health Launches With $3M for GenAI Voice Platform to Enhance Patient Engagement

What You Should Know:  - Parakeet Health, a generative AI company focused on revolutionizing patient engagement, has announced the launch of its AI-powered voice platform and has secured $3M in seed funding to fuel its growth and development.  - This innovative solution aims to streamline patient communication for healthcare providers, improving efficiency, reducing costs, and enhancing the patient experience.  Addressing a Critical Need With 90% of patients still
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RLDatix Appoints Dan Michelson as New CEO

by Healthcare Executive Appointments 10/15/2024 Leave a Comment

RLDatix Appoints Dan Michelson as New CEO

What You Should Know:  - RLDatix, a global provider of connected healthcare operations software and services, has named Dan Michelson as its new Chief Executive Officer, effective November 1, 2024.  - Michelson, a seasoned healthcare leader with over 30 years of experience, will succeed Jeff Surges, who has led the company through a period of significant growth since 2019. Surges will remain with RLDatix as an advisor and board member. Michelson Bio/Background Michelson
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How AI-Powered Ambient Listening Is Transforming Clinical Documentation

by Lakshminarasimhan J, VP of Delivery, GS Lab | GAVS 10/15/2024 Leave a Comment

How AI-Powered Ambient Listening Is Transforming Clinical Documentation

Organizational healthcare systems worldwide face a pressing issue: the pervasive burnout experienced by clinicians. From relentless work hours to overwhelming administrative tasks, the myriad pressures of the profession take a toll on their well-being. Among the chief contributing factors to this epidemic is the burden of documentation and paperwork, a relentless demand that drains clinician energy and detracts from patient care. Recent research shows physicians may spend as much as 4.5 hours
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Digital Health Spending to Surge as Purchasers Prioritize Value and Outcomes

by Fred Pennic 10/14/2024 Leave a Comment

Digital Health Spending to Surge as Purchasers Prioritize Value and Outcomes

What You Should Know:  - A new survey by the Peterson Health Technology Institute (PHTI) reveals that health plans, employers, and health systems are poised to increase their investment in digital health solutions in the coming year.  - The 2024 State of Digital Health Purchasing survey provides valuable insights into the evolving landscape of digital health adoption, highlighting key trends in spending, contracting, and future priorities. Sustained Growth in Digital Health
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