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Fred Pennic, Editor-in Chief | HIT Consultant

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

GeneDx Launches Tool to Fuel Rare Disease Drug Discovery

by Fred Pennic 11/20/2024 Leave a Comment

GeneDx Launches AI Tool to Fuel Rare Disease Drug Discovery

What You Should Know:  - GeneDx, a leader in genomic insights, has announced the launch of GeneDx Discover, a groundbreaking data visualization tool designed to revolutionize drug discovery and development.  - The platform provides biopharmaceutical companies with access to de-identified and aggregated genetic data, empowering them to accelerate the development of new therapies. Addressing the Challenges of Drug Development The traditional drug development process is
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Synapticure Raises $25M to Expand Virtual Care for Neurodegenerative Diseases

by Fred Pennic 11/19/2024 Leave a Comment

Synapticure Raises $25M to Expand Virtual Care for Neurodegenerative Diseases

What You Should Know:  - Synapticure, a virtual care company focused on neurodegenerative diseases secures $25M in a Series A funding round led by B Capital, the investment includes participation from new investors CommonSpirit Health, CVS Health Ventures, RA Capital Management, and Nexus NeuroTech Ventures, as well as existing investors Google Ventures, Optum Ventures, and Rock Health Capital. - Founded by individuals with firsthand experience navigating the challenges of
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DexCom and ŌURA Partner to Optimize Metabolic Health Tracking

by Fred Pennic 11/19/2024 Leave a Comment

HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

What You Should Know:  - DexCom, the global leader in continuous glucose monitoring (CGM), and ŌURA, the maker of the leading smart ring, have announced a strategic partnership to help millions of people improve their metabolic health.  - The collaboration will integrate Dexcom's glucose data with ŌURA's comprehensive health metrics, providing users with a more holistic view of their well-being. A Holistic Approach to Metabolic Health By combining Dexcom's CGM data with
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Jimini Health Launches with $8M for AI Therapist Assistant, Sage

by Fred Pennic 11/19/2024 Leave a Comment

Jimini Health Launches with $8M for AI-Augmented Mental Healthcare Platform

What You Should Know:  - Jimini Health, a digital health company reimagining mental healthcare, has announced its launch with $8 million in pre-seed funding from Zetta Venture Partners, LionBird, PsyMed, BoxGroup, Arkitekt Ventures, SCB, and others.  - The company offers a unique, clinician-led therapy model enhanced by responsible AI, aiming to improve patient outcomes and transform the mental health experience. - Jimini Health was co-founded by Luis Voloch, Mark Jacobstein,
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The Clinic by Cleveland Clinic Appoints Dr. David Peter as Chief Medical Officer

by Healthcare Executive Hires 11/19/2024 Leave a Comment

The Clinic by Cleveland Clinic Appoints Dr. David Peter as Chief Medical Officer

What You Should Know:  - The Clinic by Cleveland Clinic, a provider of virtual second opinions (VSOs), has appointed Dr. David Peter as its new Chief Medical Officer (CMO).  - Dr. Peter brings a wealth of experience in clinical excellence, executive leadership, and care transformation to this role, where he will guide The Clinic's continued growth and expansion of high-quality specialty care access across the United States. Dr. Peter Bio/Background Dr. Peter most recently
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Owkin, Proscia Partner to Streamline MSI Testing for Colorectal Cancer

by Fred Pennic 11/19/2024 Leave a Comment

Owkin, Proscia Partner to Streamline MSI Testing for Colorectal Cancer

What You Should Know:  - Owkin, an AI-biotech company specializing in precision medicine, and Proscia, a leader in AI-enabled pathology solutions, have announced a strategic partnership to improve MSI testing for colorectal cancer (CRC). This collaboration aims to enhance the efficiency and accessibility of MSI screening, ultimately leading to better patient outcomes. - Beyond MSI testing, Owkin and Proscia plan to collaborate on developing and commercializing additional AI solutions
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Lunit, AstraZeneca Partner to Develop AI-Powered Pathology Tools for Faster Lung Cancer Diagnostics

by Fred Pennic 11/18/2024 Leave a Comment

Lunit, AstraZeneca Partner to Develop AI-Powered Pathology Tools for Faster Lung Cancer Diagnostics

What You Should Know:  - Lunit, a provider of AI solutions for cancer diagnostics and therapeutics, has announced a strategic collaboration with AstraZeneca, a global pharmaceutical company, to develop AI-powered digital pathology solutions.  - The partnership aims to improve cancer treatment by leveraging AI to analyze tissue samples and predict the likelihood of specific genetic mutations. Focusing on Lung Cancer Treatment with AI The collaboration will initially focus on
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NVIDIA BioNeMo Framework Accelerates AI Drug Discovery

by Fred Pennic 11/18/2024 Leave a Comment

NVIDIA BioNeMo Framework Accelerates AI Drug Discovery

What You Should Know:  - NVIDIA announced widespread adoption of its open-source BioNeMo™ Framework by pharmaceutical companies, techbio innovators, and AI researchers to accelerate drug discovery and molecule design.  - The framework provides a powerful suite of tools for scaling AI models in biomolecular research, bringing supercomputing capabilities to the forefront of drug development. Accelerating Drug Discovery with AI The BioNeMo Framework addresses the growing need
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Report: Gen Z Leaving Healthcare in Droves Due to Toxic Culture

by Fred Pennic 11/15/2024 Leave a Comment

Report: Gen Z Leaving Healthcare in Droves Due to Toxic Culture, Stress

What You Should Know:  - A new report from Soliant Health reveals a concerning trend: healthcare professionals across all age groups are leaving the industry due to job stress, poor work-life balance, and unhealthy workplace cultures.  - Surprisingly, Gen Z (ages 18-27) is leading the exodus, with over 22% planning to leave their healthcare jobs within the next 1-3 years. Generational Differences in Departure Drivers While all generations struggle with workplace challenges,
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Ransomware Attacks on Healthcare Services Surge in 2024

by Fred Pennic 11/15/2024 Leave a Comment

Ransomware Attacks on Healthcare Services Surge in 2024

What You Should Know:  - Ransomware attacks are a growing threat across all industries, but the healthcare sector is facing a particularly alarming surge in these incidents, according to new data from SafetyDevices. - New data reveals a concerning trend of increased attacks on healthcare providers, raising concerns about patient safety, data security, and the financial stability of healthcare organizations. Healthcare: A Prime Target for Cybercriminals Healthcare services are
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