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Fred Pennic, Editor-in Chief | HIT Consultant

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

ZeOmega Partners with Massachusetts Health Data Consortium to Launch Nation’s First Statewide FHIR-Based Prior Authorization System

by Fred Pennic 07/16/2025 Leave a Comment

ZeOmega Partners with Massachusetts Health Data Consortium to Launch Nation's First Statewide FHIR-Based Prior Authorization System

What You Should Know:  - ZeOmega®, a population health and interoperability technology company announced it has been selected by the Massachusetts Health Data Consortium (MHDC), a nonprofit advancing health data sharing, to transform prior authorization and clinical data exchange across Massachusetts.  - The initiative creates the nation’s first statewide FHIR®-based system designed to streamline communication between payers and providers, reducing administrative burdens and
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Elsevier’s Clinician of the Future 2025 Report: AI’s Rapid Ascent in Healthcare Amidst Clinician Pressures

by Fred Pennic 07/15/2025 Leave a Comment

Elsevier's Clinician of the Future 2025 Report: AI's Rapid Ascent in Healthcare Amidst Clinician Pressures

What You Should Know:  - The 4th annual Elsevier Clinician of the Future report reveals a remarkable acceleration in the adoption and impact of Artificial Intelligence (AI) in healthcare.  - Based on a global survey of over 2,000 clinicians, the report highlights AI's growing role in addressing persistent challenges like clinician burnout, increasing patient demand, and fragmented care, while also shedding light on evolving perceptions and regional differences. Current State
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Ultrahuman Launches Blood Vision Nationwide, Enhances Health Tracking with Wearable Data Integration

by Fred Pennic 07/15/2025 Leave a Comment

Ultrahuman Launches Blood Vision Nationwide, Enhances Health Tracking with Wearable Data Integration

What You Should Know:  - Ultrahuman, the pioneering health optimization company behind the Ultrahuman Ring and M1 (an advanced Continuous Glucose Monitoring platform), today announced the nationwide expansion of Blood Vision, now available across 48 U.S. states.  - Unlike traditional blood testing services that offer static snapshots, Blood Vision combines deep biomarker analysis with real-time wearable data to create the most advanced consumer-facing system for longitudinal health
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Fruit Street Health Cleared: SEC Investigation Concludes with No Action

by Fred Pennic 07/15/2025 Leave a Comment

Fruit Street Health Cleared: SEC Investigation Concludes with No Action

What You Should Know:  - Fruit Street Health announced that it has received a letter from the Securities and Exchange Commission ("SEC") confirming the conclusion of the SEC's investigation into the company. The letter states that the SEC enforcement staff does not intend to recommend any action by the SEC against Fruit Street Health. - This announcement allows Fruit Street Health to continue its focus on its public benefit mission: serving the 1 in 3 Americans with prediabetes and
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evolvedMD Secures $34M to Expand Integrated Behavioral Health Care Nationwide

by Fred Pennic 07/15/2025 Leave a Comment

evolvedMD Secures $34M to Expand Integrated Behavioral Health Care Nationwide

What You Should Know:  - evolvedMD, a Collaborative Care Management (CoCM) provider, announced the close of its $34M Series B investment round, led by Sustainable Investing at Goldman Sachs Alternatives. Existing investors Conductive Ventures, FCA Venture Partners, Healthworx Ventures, Tectonic Ventures, and Waterline Ventures also participated in the round.  - The funding will be used to accelerate evolvedMD's mission to increase behavioral health care availability and expand
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Zimmer Biomet to Acquire Monogram Technologies for $177M to Offer First Fully Autonomous Surgical Robot

by Fred Pennic 07/14/2025 Leave a Comment

Zimmer Biomet to Acquire Monogram Technologies for $177M to Offer First Fully Autonomous Surgical Robot

What You Should Know:  - Zimmer Biomet Holdings, a global medical technology leader, and Monogram Technologies Inc., an orthopedic robotics company, announced a definitive agreement for Zimmer Biomet to acquire all outstanding shares of Monogram.  - The deal, valued at an upfront payment of $4.04 per share in cash (approximately $177M equity value, $168M enterprise value), will significantly expand Zimmer Biomet's surgical robotics portfolio and position it to become the first
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Validic Launches Sparks: Generative AI Solution Transforms Wearable Data into Actionable Healthcare Insights

by Fred Pennic 07/14/2025 Leave a Comment

Validic Launches Sparks: Generative AI Solution Transforms Wearable Data into Actionable Healthcare Insights

What You Should Know:  - Validic, a platform for Connected Health Data and remote patient monitoring (RPM), announced the launch of Validic Sparks, a generative AI solution designed to help healthcare organizations transform raw health data from wearables and FDA-approved devices into actionable insights. - Validic Sparks enables health systems, value-based care organizations, health plans, and digital health apps to combine their contextual data with Validic personal health data to
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Omega Healthcare Expands Microsoft Collaboration, Launches 20+ AI Solutions to Transform Revenue Cycle Management

by Fred Pennic 07/14/2025 Leave a Comment

Omega Healthcare Expands Microsoft Collaboration, Launches 20+ AI Solutions to Transform Revenue Cycle Management

What You Should Know:  - Omega Healthcare, a provider of technology-enabled Revenue Cycle Management (RCM) services, today announced an expanded collaboration with Microsoft.  - Through the integration of Microsoft Azure's cutting-edge AI models via Azure AI Foundry and the company's proprietary Omega Digital Platform (ODP), Omega Healthcare has launched more than 20 generative and agentic AI solutions designed to enhance healthcare organizations' revenue cycle operations and
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FTC Penalizes NextMed $150k for Deceptive Weight-Loss Claims

by Fred Pennic 07/14/2025 Leave a Comment

FTC Penalizes NextMed $150k for Deceptive Weight-Loss Claims

What You Should Know:  - The Federal Trade Commission (FTC) has reached  a settlement with Southern Health Solutions, Inc., operating as Next Medical and NextMed, and its founders Robert Epstein and CEO Frank Leonardo III.  - The FTC's charges allege the telemedicine company used deceptive cost and weight loss claims, fake reviews, and undisclosed terms to lure consumers into their weight-loss membership programs. Deceptive Weight-Loss Claims and Hidden Fees According
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New AI Model Predicts Cancer Mutations from Routine Pathology Slides, Streamlining Treatment Decisions

by Fred Pennic 07/11/2025 Leave a Comment

AI Breakthrough: New Model Predicts Cancer Mutations from Routine Pathology Slides, Streamlining Treatment Decisions

What You Should Know:  - A new study by researchers at the Icahn School of Medicine at Mount Sinai, Memorial Sloan Kettering Cancer Center, and collaborators, suggests that artificial intelligence (AI) could significantly improve how doctors determine the best treatment for cancer patients by enhancing how tumor samples are analyzed in the lab. - The compelling findings, published in the July 9 online edition of Nature Medicine, demonstrated that AI can accurately predict genetic
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