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Fred Pennic, Editor-in Chief | HIT Consultant

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

Daymark Health Secures $20M to Scale Value-Based Cancer Care

by Fred Pennic 09/26/2025 Leave a Comment

Daymark Health Secures $20M to Scale Value-Based Cancer Care

What You Should Know:  - Daymark Health, a company dedicated to redefining the cancer care experience secures $20M in Series A funding round led by Healthier Capital and Blue Venture Fund, with continued participation from existing investors including Yosemite, Maverick Ventures, and Oncology Ventures.  - The investment will allow Daymark Health to continue scaling its cancer care platform, forge new partnerships with health plans and providers, and bring its innovative technology to
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Moneta Health Raises $4.5M to Expand AI-Powered Cognitive Care in Neurology Deserts

by Fred Pennic 09/26/2025 Leave a Comment

Moneta Health Raises $4.5M to Expand AI-Powered Cognitive Care in Neurology Deserts

What You Should Know:  - Moneta Health, a brain health company pioneering cognitive rehabilitation therapy through AI-powered delivery secures $4.5M with investment from True Ventures and Health2047 (the American Medical Association’s venture studio).  - The investment will support the company's mission to expand access to cognitive care, particularly in regions with insufficient access to neurology care. The funding is coupled with a new multi-year partnership with Benefis
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M&A: Datavant Acquires DigitalOwl to Transform Medical Data Analysis

by Fred Pennic 09/25/2025 Leave a Comment

Datavant Acquires DigitalOwl to Transform Medical Data Analysis

What You Should Know:  - Datavant, a data collaboration platform for healthcare, has announced an agreement to acquire DigitalOwl, a company specializing in AI-driven medical data analysis. Financial details of the acquisition were not disclosed.  - The acquisition will significantly expand Datavant’s capabilities, making health data more accessible and actionable for the legal and insurance industries. The goal is to transform a market that often suffers from time-consuming and
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MDisrupt Partners with American Heart Association to Expand Expert Marketplace

by Fred Pennic 09/25/2025 Leave a Comment

MDisrupt Partners with American Heart Association to Expand Expert Marketplace

What You Should Know:  - MDisrupt, a digital health company, has announced a collaboration to onboard professional members of the American Heart Association (AHA) to its expert marketplace.  - The expansion connects companies with cardiologists, neurologists, and multidisciplinary experts spanning clinical, regulatory, commercial, and operational domains in heart and brain health. The collaboration is built on a prior investment in MDisrupt by American Heart Association Ventures™
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UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

by Fred Pennic 09/24/2025 Leave a Comment

UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

What You Should Know:  - UnitedHealthcare has announced the launch of UHC Store, a new online shopping experience available within the UnitedHealthcare app and on myuhc.com®.  - The store is initially available to more than 6 million eligible members, with plans to expand to 18 million members this year. The UHC Store allows members to choose from a range of discounted health and wellness offerings to help meet their individual needs and complement their health benefits. A
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Cigna to Cover Cleerly’s AI-Based Plaque Analysis, Expanding Access to Cardiovascular Imaging

by Fred Pennic 09/24/2025 Leave a Comment

Cigna to Cover Cleerly's AI-Based Plaque Analysis, Expanding Access to Cardiovascular Imaging

What You Should Know:  - Cleerly, a leader in AI-based cardiovascular imaging, has announced that Cigna will begin covering its Cleerly LABS Advanced Plaque Analysis starting on October 1, 2025.  - The decision makes Cigna the latest major insurer to recognize the clinical and economic value of Artificial Intelligence Enabled CT Based Quantitative Coronary Tomography (AI-QCT) and Coronary Plaque Analysis (AI-CPA) technology for cardiovascular care. Widespread Payer Adoption and
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Leo Cancer Care Secures $40M to Commercialize Upright Radiotherapy System

by Fred Pennic 09/24/2025 Leave a Comment

Leo Cancer Care Secures $40M to Commercialize Upright Radiotherapy System

What You Should Know:  - Leo Cancer Care, a pioneer in radiotherapy treatment devices, has successfully raised $40M in funding round led by Catalio Capital Management.  - The investment, which also saw participation from new and existing investors, will accelerate the commercialization of Leo Cancer Care’s next-generation upright radiotherapy system. As part of the funding, Dr. Nicholas von Guionneau of Catalio has also joined Leo Cancer Care’s board as an Observer. Marie:
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Proscia® Launches Virtual Staining to Transform Digital Pathology with AI

by Fred Pennic 09/24/2025 Leave a Comment

Proscia® Launches Virtual Staining to Transform Digital Pathology with AI

What You Should Know:  - Proscia®, a pathology AI company, has introduced a new virtual staining feature in its Concentriq® software platform.  - The technology, powered by Pictor Labs, is designed to help laboratories reduce the costs and time associated with traditional chemical staining methods. The virtual staining will also support the evolution from research applications to clinical use, expanding diagnostic possibilities. Transforming Traditional Pathology
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Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion

by Fred Pennic 09/23/2025 Leave a Comment

Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion

Capital Rx Rebrands as Judi Health, Announces $400M Investment for Expansion What You Should Know:  - Capital Rx, Inc., an enterprise health technology company, has announced a significant milestone: a $400M investment, including a $252M Series F funding round. The company is also rebranding as Judi Health™.  - The new name is intended to reflect its expanded capabilities as a full-service health benefits technology company. The investment was led by Wellington Management and
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The AI Paradox in Healthcare: Notable CEO Shares Why Moving Too Slowly is a Greater Risk

by Fred Pennic 09/23/2025 Leave a Comment

The healthcare industry stands at a critical juncture, facing mounting pressures from staffing shortages, financial constraints, and rising patient expectations. While the promise of AI to alleviate these burdens is widely acknowledged, many health systems are grappling with a paradox: a deep-seated enthusiasm for new technologies, yet a reluctance to move from governance to full-scale deployment. In a recent interview, Pranay Kapadia, CEO and Co-Founder of Notable, shared his insights on
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