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Fred Pennic, Editor-in Chief | HIT Consultant

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

Helfie AI Partners with Microsoft to Expand Access to AI-Powered Health Assessments

by Fred Pennic 10/30/2024 Leave a Comment

Helfie AI Partners with Microsoft to Expand Access to AI-Powered Health Assessments

What You Should Know:  - Helfie AI, a global mobile health platform, has announced a strategic collaboration with Microsoft to offer its cutting-edge health assessment tools to Microsoft enterprise customers through the Azure Marketplace.  - Helfie AI's acceptance into the Microsoft for Startups Pegasus program further validates its potential to transform healthcare. This exclusive program provides selected startups with resources and support to accelerate growth and achieve unicorn
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Medable Partners with Google Cloud to Accelerate Clinical Trials

by Fred Pennic 10/30/2024 Leave a Comment

Medable Partners with Google Cloud to Accelerate Clinical Trials

What You Should Know:  - Medable Inc., a provider of decentralized and hybrid clinical trial solutions, is collaborating with Google Cloud to make its Digital and Decentralized Clinical Trial Platform available on the Google Cloud Marketplace.  - The strategic partnership will empower life sciences companies to accelerate clinical development by leveraging Google Cloud's cutting-edge infrastructure and AI capabilities. Streamlining Clinical Trials with Medable and Google
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Cornerstone AI Raises $5M to Accelerate AI-Powered Data Cleaning for Healthcare

by Fred Pennic 10/30/2024 Leave a Comment

Cornerstone AI Raises $5M to Accelerate AI-Powered Data Cleaning for Healthcare

What You Should Know:  - Cornerstone AI, a leading provider of AI-driven data cleaning solutions for healthcare, has secured $5M in funding led by  Acrew Capital, with participation from existing investors Initiate Ventures and Healthy Ventures, as well as Travis May, founder and former CEO of Datavant, and Web Sun and Arif Nathoo, the co-founders of Komodo Health.  - With this new funding, Cornerstone AI is well-positioned for continued growth and expansion. Viraj Narayanan
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GrayMatters Health Expands FDA-Cleared PTSD Treatment Expands to US Clinics

by Fred Pennic 10/30/2024 Leave a Comment

GrayMatters Health Expands FDA-Cleared PTSD Treatment Expands to US Clinics

What You Should Know:  - GrayMatters Health (GMH), a pioneer in digital brain biomarker-based mental health treatments, is broadening patient access to its Prism for PTSD™ therapy.  - As the first FDA-cleared self-neuromodulation device for post-traumatic stress disorder (PTSD), Prism for PTSD™ offers a new approach to managing this debilitating condition. Prism for PTSD™: A Personalized Approach to Healing GMH's patented technology utilizes an amygdala-based biomarker to
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Ascend Learning Appoints Dr. Lissy Hu as CEO

by Executive Hires 10/30/2024 Leave a Comment

Ascend Learning Appoints Dr. Lissy Hu as CEO

What You Should Know:  - Ascend Learning, a provider of learning technology solutions for the healthcare industry, has announced the appointment of Dr. Lissy Hu as its new Chief Executive Officer.  - Dr. Hu, a seasoned healthcare technology leader and entrepreneur, will succeed Greg Sebasky, who is retiring after 10 years as CEO and will transition to Chairman of the Ascend Board of Managers in January 2025. Dr. Hu Bio/Background Dr. Hu brings a wealth of experience in
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Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

by Fred Pennic 10/29/2024 Leave a Comment

Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

What You Should Know:  - Oracle Health is previewing its next-generation electronic health record (EHR) at the Oracle Health Summit, showcasing a system designed to leverage the power of AI and cloud computing to transform healthcare delivery. This innovative EHR is built from the ground up on Oracle Cloud Infrastructure (OCI), offering enhanced security and a seamless user experience. In addition, the company announced the release of its new  Clinical AI Agent and two new cloud apps,
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Philips Secures $25M DoD Contract to Advance AI Predictive Health Monitoring

by Fred Pennic 10/29/2024 Leave a Comment

Philips Secures $25M DoD Contract to Advance Predictive Health Monitoring for Military Personnel

What You Should Know:  - Philips, a global leader in health technology, has announced a $25M investment from the U.S. Department of Defense (DoD) to accelerate the development and deployment of its Rapid Analysis of Threat Exposure (RATE) algorithm.  - The four-year project aims to enhance the predictive health monitoring of military personnel, ensuring their well-being and readiness in the face of potential health threats. RATE: An Early Warning System for Infection RATE
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Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

by Fred Pennic 10/29/2024 Leave a Comment

Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

What You Should Know:  - Aignostics, a leading AI company specializing in pathology data analysis, raised $34M in Series B funding, led by ATHOS with participation from Mayo Clinic and growth financing from HTGF, alongisde existing investors Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA Fund, and VC Fonds Technologie managed by IBB Ventures.  - Aignostics combines proprietary access to multimodal clinical data with cutting-edge AI technology and rigorous
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CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

by Fred Pennic 10/29/2024 Leave a Comment

CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

What You Should Know:  - CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.  - Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline. MedaCareLLM: The AI That Prompts You Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

by Fred Pennic 10/29/2024 Leave a Comment

Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

What You Should Know:  - Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.  - The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans. Combining Cutting-Edge Technologies Nortis's Kidney-on-Chip models have been
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