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Fred Pennic, Editor-in Chief | HIT Consultant

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

St. Luke’s Invests $30M+ in GE HealthCare Advanced MRI with AI & iRT

by Fred Pennic 04/28/2025 Leave a Comment

What You Should Know:  - St. Luke’s University Health Network has made a $30M investment in Magnetic Resonance Imaging (MRI) technology and service from GE HealthCare.  - The strategic investment is intended to expand patient access to advanced imaging that can help to enhance image quality while reducing scan times and patient discomfort.   Enhancing the Patient Experience with Advanced MRI Design A key focus of the new MRI technology deployment is improving the experience
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KLAS PACS 2025 Report: Consistent Support & Ongoing Development Crucial Amid AI and Cloud Focus

by Fred Pennic 04/28/2025 Leave a Comment

KLAS PACS 2025 Report: Consistent Support & Ongoing Development Crucial Amid AI and Cloud Focus

What You Should Know:  - As healthcare organizations navigate technological shifts in the Picture Archiving and Communication System (PACS) market, with Artificial Intelligence (AI) and cloud platforms top of mind, consistent vendor support and robust product development remain paramount for success.  - The newly released KLAS Research "PACS 2025" report underscores that while innovation is anticipated, strong foundational performance, responsive support, proactive guidance, and
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UPMC Opens State-of-the-Art Cancer Center in Croatia

by Fred Pennic 04/28/2025 Leave a Comment

UPMC Opens State-of-the-Art Cancer Center in Croatia

What You Should Know:  - The University of Pittsburgh Medical Center (UPMC), one of the largest and most renowned academic medical centers in the United States, has officially opened the UPMC Hillman Cancer Center – Croatia.  - Located on the campus of the General Hospital Zabok and the Croatian Veterans Hospital, this state-of-the-art oncology facility represents the largest American investment in the Croatian healthcare system to date, with nearly $20M committed in the
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Experian Health’s 2025 State of Patient Access: Key Findings & Trend

by Fred Pennic 04/28/2025 Leave a Comment

Experian Health's 2025 State of Patient Access: Key Findings & Trend

What You Should Know:  - Experian Health today released its annual 2025 State of Patient Access Survey, revealing a healthcare landscape where patient perceptions of access have stabilized somewhat, yet significant disconnects remain between patient expectations and provider capabilities, particularly concerning digital tools and data accuracy.  - While fewer patients report worsening access compared to previous years, challenges persist in areas like scheduling speed, digital
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Houston Methodist Pilots Ambience Healthcare’s Ambient AI for High-Acuity Settings

by Fred Pennic 04/28/2025 Leave a Comment

Houston Methodist Pilots Ambience Healthcare's Ambient AI for High-Acuity Settings

What You Should Know:  -  Houston Methodist announced its pilot of Ambience Healthcare’s new AI notetaking solutions for emergency and inpatient care – some of the most complex, high-burnout areas of medicine.  - Ambience’s AI is the first of its kind to integrate directly into the EHR for these settings, reducing administrative burden so doctors can focus more on patient care. Tackling High-Acuity Workflow and Documentation Challenges Emergency departments and
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CareCloud Launches AI Center of Excellence with 500 AI Professionals

by Fred Pennic 04/28/2025 Leave a Comment

CareCloud Launches All-New Interoperability and Data Exchange Solution for Healthcare Organizations

What You Should Know:  - CareCloud, a provider of healthcare technology and generative AI solution announced the launch of its AI Center of Excellence (AI CoE). The strategic initiative is dedicated to developing and delivering scalable, domain-specific artificial intelligence solutions explicitly purpose-built for the healthcare sector.  - Operating under a dual-shore model, CareCloud plans an ambitious expansion, aiming to scale the AI CoE team to 500 professionals by the
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Kiwi Launches with $10M to Tackle LATAM Healthcare Financing Gap

by Fred Pennic 04/25/2025 Leave a Comment

Kiwi Launches with $10M to Tackle LATAM Healthcare Financing Gap

What You Should Know:  - Kiwi, a healthcare financial platform, announced its official launch, bolstered by a $10M seed funding round. The $10M seed round comprises $2M in pre-seed equity financing and $8M in debt financing allocated initially for Peru, with a potential extension planned for Mexico. The round saw leadership from key industry figures: Tyler Johnson (CEO at HFD, General Partner at MVRK Capital), Beau Woodward (Director at HFD, General Partner at MVRK Capital and WDC Genesis),
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Precision for Medicine & PathAI Launch Strategic AI Digital Pathology Partnership

by Fred Pennic 04/25/2025 Leave a Comment

PathAI Partners to Deploy First AI-Powered Biospecimen Solutions

What You Should Know:  - Precision for Medicine, a provider of next-generation drug development research and services, and PathAI, a global leader in digital pathology, announced a strategic collaboration today. - The partnership aims to jointly develop novel AI-based technologies and integrate PathAI’s advanced digital pathology and analysis capabilities across Precision for Medicine’s comprehensive clinical trial and biospecimen operations. AI-Powered Clinical Trial Services and
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Health System Margins Fall Below 1% in March Despite Rising Volumes, Revenues

by Fred Pennic 04/25/2025 Leave a Comment

Health System Margins Fall Below 1% in March Despite Rising Volumes, Revenues

What You Should Know:  - U.S. hospitals nationwide experienced increases across most metrics—including revenues, patient volumes, and expenses—to close the first quarter of 2025. However, operating margins for health systems dipped below the 1% threshold in March for the first time in 15 months, according to new data released by Strata Decision Technology.  - While individual hospitals continued to show margin improvement, escalating non-labor costs put renewed pressure on
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Mount Sinai Calibrates AI Algorithm to Provide Specific HCM Risk Probabilities from ECGs

by Fred Pennic 04/25/2025 Leave a Comment

Mount Sinai Uses Machine Learning to Improve Postpartum Hemorrhage Risk Prediction

What You Should Know:  - Researchers at Mount Sinai have enhanced an existing artificial intelligence (AI) algorithm to provide specific numeric probabilities identifying patients at risk for hypertrophic cardiomyopathy (HCM), a common inherited heart condition, based on their electrocardiogram (ECG) readings.  - The calibration of the FDA-approved Viz HCM algorithm, detailed in a study published April 22, 2025, in NEJM AI, aims to provide more meaningful and actionable
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