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Fred Pennic, Editor-in Chief | HIT Consultant

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

Frontier Bio’s Lab-Grown Lungs Offers Hope for Drug Development

by Fred Pennic 10/01/2024 Leave a Comment

Frontier Bio's Lab-Grown Lungs Offers Hope for Drug Development

What You Should Know:  - Frontier Bio Corporation has successfully created complex microscale lung tissue by combining 3D bioprinting with the self-assembling capabilities of stem cells, mirroring the natural organ development process.  - Frontier Bio's breakthrough in lab-grown lung tissue signifies a potential turning point in the fight against respiratory diseases and the quest for viable organ transplantation options. Addressing the Limitations of Animal Testing Animal
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FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

by Fred Pennic 10/01/2024 Leave a Comment

FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

What You Should Know:  - A new study by intelligent automation company ABBYY reveals that fear of missing out (FOMO) is a major factor driving AI investment in healthcare.  - The study reveals that 57% of global healthcare providers expressed concern that their organizations will fall behind if they don't embrace AI. Efficiency and Patient Service as Key Drivers While FOMO plays a role, over half (52%) of healthcare leaders also cite increased efficiency and improved
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Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

by Fred Pennic 09/30/2024 Leave a Comment

Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

What You Should Know:  - Wellinks, the leader in virtual-led cardiopulmonary care, has acquired Spire Health in a non-cash transaction.  - This strategic move merges Spire's cutting-edge patient monitoring technology with Wellinks' specialized virtual care model, establishing a first-of-its-kind, fully integrated Predictive Patient Care company. Addressing the Costly Burden of COPD and CHF Chronic Obstructive Pulmonary Disease (COPD) and Congestive Heart Failure (CHF)
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Avo Launches EHR-Integrated AI Consult Tool

by Fred Pennic 09/30/2024 Leave a Comment

Avo Launches EHR-Integrated AI Consult Tool

What You Should Know:  - Avo, a provider of healthcare AI solutions, announces the launch of Ask Avo, a first-of-its-kind, customizable AI consult tool that seamlessly integrates into Electronic Health Records (EHR) systems.  - Ask Avo harnesses patient data, institutional protocols, and updated medical guidelines to deliver trustworthy and relevant responses to complex clinical questions. Empowering Clinicians with Actionable AI Ask Avo functions as a "digital front door"
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Claim Denials Surge as Healthcare Providers Struggle with Tech Adoption

by Fred Pennic 09/30/2024 Leave a Comment

What You Should Know:  - A new Experian Health study reveals a concerning trend in the healthcare industry: claim denials are on the rise, and healthcare providers are increasingly hesitant to embrace technology solutions that could alleviate this burden.  - The Experian Health 2024 State of Claims survey paints a stark picture of the challenges providers face in managing their revenue cycles. The Growing Claim Denial Crisis Compared to a similar study conducted in 2022,
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Epic Challenges Particle Health Over Data Privacy Dispute

by Fred Pennic 09/27/2024 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - Epic Systems, a leading electronic health records (EHR) provider, has initiated a dispute against Particle Health through the Carequality interoperability network, raising concerns about the potential misuse of patient medical records.  - The dispute, filed at the direction of Epic's customer governing council, alleges that some Particle customers used the network to take people’s medical records under false pretenses.  Alleged Misuse of Data One
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Telehealth Satisfaction: A Mixed Bag Despite Growing Adoption, J.D. Power 2024 Study Reveals

by Fred Pennic 09/27/2024 Leave a Comment

Telehealth Satisfaction: A Mixed Bag Despite Growing Adoption

What You Should Know:  - Telehealth, hailed as a potential game-changer in healthcare accessibility, has experienced mixed success in meeting patient expectations, according to the latest J.D. Power 2024 U.S. Telehealth Satisfaction Study.  - While telehealth usage has skyrocketed, particularly during the pandemic, the study reveals significant variations in patient satisfaction between different telehealth providers and concerns regarding the effectiveness of telehealth for
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Clinical Data Registries: Essential, Yet Underutilized Due to Data Challenges

by Fred Pennic 09/27/2024 Leave a Comment

Clinical Data Registries: Essential, Yet Underutilized Due to Data Challenges

What You Should Know:  - A recent survey conducted by Carta Healthcare, a company dedicated to advancing healthcare through clinical data, has revealed a concerning reality: while clinical data registries are deemed crucial for improving care quality and population health management, their effectiveness is being hindered by challenges related to data accuracy, completeness, and inadequate sponsor tools. - The survey, conducted by Reaction Data in June 2024 among clinical data
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WellSpan Health Launches First Patient-Facing GenAI Healthcare Agent

by Fred Pennic 09/26/2024 Leave a Comment

WellSpan Health Launches First Patient-Facing GenAI Healthcare Agent

What You Should Know:  - WellSpan Health, a leading integrated healthcare provider known for its innovation, is partnering with Hippocratic AI, a pioneer in healthcare-focused large language models, to introduce a groundbreaking clinical GenAI healthcare agent.  - The conversational AI-powered service will directly interact with patients, enhancing healthcare access, equity, and outcomes. Improve Access and Health Screening for Patients Hippocratic AI's GenAI agent,
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GoodRx Partners with ARS to Offer Discounted neffy® for Allergy Relief

by Fred Pennic 09/26/2024 Leave a Comment

GoodRx Partners with ARS to Offer Discounted neffy® for Allergy Relief

What You Should Know:  - GoodRx, a prominent prescription savings platform in the U.S., has joined forces with ARS Pharmaceuticals to offer the lowest discounted cash price for neffy®, a revolutionary needle-free treatment for Type I allergic reactions.  - The partnership makes neffy available for $199 at over 70,000 pharmacies across the nation, exclusively through GoodRx. neffy: A Needle-Free Solution for Anaphylaxis Allergies and allergic reactions affect over 100
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