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Fred Pennic, Editor-in Chief | HIT Consultant

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

Digital Health Faces Q2’25 Pullback: Funding Falls to 5-Year Low

by Fred Pennic 07/28/2025 Leave a Comment

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low

What You Should Know:  - After a strong start to the year, the digital health sector experienced a significant pullback in Q2 2025, with deal volume declining to its lowest quarterly activity level in the last five years, according to new report from CB Insights.  - The new CB Insights report, “State of Digital Health Q2’25” reveals the drop reflects growing investor selectivity and capital concentration in fewer, high-conviction bets amidst ongoing global economic uncertainty.
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Mayo Clinic Deploys NVIDIA Infrastructure to Drive GenAI Solutions in Medicine

by Fred Pennic 07/28/2025 Leave a Comment

Mayo Clinic Deploys NVIDIA Infrastructure to Drive GenAI Solutions in Medicine

What You Should Know:  - Mayo Clinic announced a pivotal step toward integrating AI solutions in the clinical setting with the deployment of NVIDIA DGX SuperPOD with NVIDIA DGX B200 systems.  - The advanced infrastructure provides state-of-the-art AI compute capabilities, poised to rapidly innovate and develop foundation models in support of Mayo Clinic’s platform approach to healthcare. Foundation Model Development The advanced computing infrastructure will initially
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GE HealthCare and Ascension Partner to Enhance Clinical and Operational Outcomes Across National Network

by Fred Pennic 07/28/2025 Leave a Comment

GE HealthCare and Ascension Partner to Enhance Clinical and Operational Outcomes Across National Network

What You Should Know:  - GE HealthCare and Ascension forms a strategic collaboration designed to enhance clinical and operational outcomes across Ascension’s national network.  - The strategic partnership, focused on patient access and experience, supports Ascension’s Mission to serve all, with special attention to those who are poor and vulnerable, aiming to deliver high-quality, respectful care using advanced technology and integrated solutions, with a shared focus on patient
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Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

by Fred Pennic 07/25/2025 Leave a Comment

Waystar to Acquire Iodine Software for $1.25B, Enhancing AI-Powered Healthcare Payment Solutions

What You Should Know:  - Waystar, a provider of healthcare payment software announced a definitive agreement to acquire 100% of Iodine Software (“Iodine”) for $1.25B.  - The proposed acquisition is expected to significantly accelerate Waystar’s ability to transform healthcare payments through its leading cloud-based software platform, empowering more than one million providers with advanced AI capabilities to prevent denials, reduce manual work, and improve financial
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ChristianaCare Partners with NeuroFlow to Enhance Maternal Mental Healthcare

by Fred Pennic 07/25/2025 Leave a Comment

AI Shows High Accuracy in Suicide Risk Assessment: NeuroFlow Study

What You Should Know:  - ChristianaCare has partnered with NeuroFlow, a behavioral health technology and analytics company, to support maternal mental health care in Delaware and surrounding communities for ChristianaCare patients.  - The strategic collaboration will leverage technology-driven patient support and education to develop a more comprehensive approach to understanding and addressing the mental health needs of mothers. ChristianaCare Committement to Mental
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Trinity Biotech Unveils CGM+: AI-Native Wearable Biosensor for Holistic Health Monitoring

by Fred Pennic 07/24/2025 Leave a Comment

Trinity Biotech Unveils CGM+: AI-Native Wearable Biosensor for Holistic Health Monitoring

What You Should Know:  - Trinity Biotech, a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, today unveiled its new flagship product, CGM+, a next-generation wearable biosensor platform designed for the $260 billion AI wearables market.  - Now in the later stages of device development, CGM+ is Trinity’s new AI-native continuous glucose monitoring (CGM) system, combining multi-sensor data and real-time analytics to meet the
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AHA and Epic Partner to Combat Postpartum Hemorrhage with AI-Powered EHR Toolkit

by Fred Pennic 07/24/2025 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - The American Hospital Association (AHA) and healthcare technology company Epic are collaborating to help more hospitals adopt a set of tools designed to aid in the detection and treatment of postpartum hemorrhage (PPH), a serious and potentially life-threatening complication of childbirth.  - The new collaboration aims to improve health outcomes for mothers across America by integrating point-of-care tools directly into the Electronic Health Record
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MIT Launches New Clinical Trial Using Ultrasound to Study Human Consciousness

by Fred Pennic 07/24/2025 Leave a Comment

MIT Launches New Clinical Trial Using Ultrasound to Study Human Consciousness

What You Should Know:  - Openwater, an open-source medical technology company delivering portable, hospital-grade diagnostic and therapeutic devices, today announced that the Massachusetts Institute of Technology’s (MIT) Lincoln Laboratory is the first to receive the latest version of the company’s Open-LIFU device.  - The deployment marks a major milestone for Openwater and significantly expands access to low-intensity focused ultrasound (LIFU) for clinical and academic
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UnitedHealth Group Under DOJ Probe: Medicare Billing Practices Face Criminal & Civil Investigation

by Fred Pennic 07/24/2025 Leave a Comment

UnitedHealth Group Demands Cyberattack Loan Repayments, Providers Cry Foul

What You Should Know:  - UnitedHealth Group revealed it is facing a Justice Department (DOJ) criminal and civil investigation into its Medicare billing practices, adding to a series of recent setbacks for the nation’s largest and most powerful private insurer. - The company also announced it has launched a third-party review of its business policies and performance metrics, expected to be completed by the end of the third quarter. The announcement comes after a tumultuous period for
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Reimagine Care Appoints Ann Stadjuhar as Chief Growth Officer

by Healthcare Executive Hires 07/24/2025 Leave a Comment

Reimagine Care Appoints Ann Stadjuhar as Chief Growth Officer

What You Should Know:  - Reimagine Care, a provider of technology-enabled cancer care at home announced the appointment of Ann Stadjuhar as Chief Growth Officer.  - Stadjuhar, a seasoned healthcare executive with a track record of building and scaling high-growth digital health organizations, will lead Reimagine Care’s growth, go-to-market strategy, and partnership efforts to accelerate access to more convenient, connected cancer care for patients across the country. Stadjuhar
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