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Fred Pennic, Editor-in Chief | HIT Consultant

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

Artera Launches AI Services Model and Agentic AI Squads for Specialty Care and FQHCs

by Fred Pennic 05/07/2026 Leave a Comment

Artera Launches AI Services Model and Agentic AI Squads for Specialty Care and FQHCs

What You Should Know Artera is the first agentic healthcare company to adopt an AI Services Model, moving away from traditional "homogeneous SaaS" to deliver bespoke, clinic-specific solutions.The company has deployed specialized AI Service Squads—small teams of AI builders who work directly with healthcare providers to co-innovate and eliminate legacy development cycles.The model supports high-demand solutions, including scheduling, prior authorizations, referral management, and closing care
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Roche Acquires PathAI to Automate Cancer Diagnostics in $1B Deal

by Fred Pennic 05/06/2026 Leave a Comment

PathAI Partners to Deploy First AI-Powered Biospecimen Solutions

What You Should Know Global healthcare leader Roche has entered into a definitive merger agreement to acquire US-based digital pathology pioneer PathAI for an upfront purchase price of $750M, with up to $300M in additional milestone payments.The acquisition marks the culmination of a deep strategic partnership first established between the two companies in 2021 and expanded in 2024 to co-develop AI-enabled companion diagnostic algorithms.PathAI’s flagship AISight Image Management System (IMS)
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Carlyle Acquires Knack RCM and EqualizeRCM to Build Global AI-Native Healthcare RCM Platform

by Fred Pennic 05/06/2026 Leave a Comment

Carlyle Acquires Knack RCM and EqualizeRCM to Build Global AI-Native Healthcare RCM Platform

What You Should Know Carlyle  has acquired a majority stake in Knack RCM and EqualizeRCM, merging them to create a global, multi-specialty, AI-native revenue cycle management (RCM) platform.The combined platform targets high-complexity segments, including rural hospitals, behavioral health, anesthesia, and durable medical equipment (DME).EqualizeRCM contributes proprietary AI tools like Bill Smart for denial prediction and an AI-native platform built on large language models (LLMs) and
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Fathom Secures Strategic Investment from CVS Health Ventures to Scale Autonomous Medical Coding

by Fred Pennic 05/06/2026 Leave a Comment

Fathom Receives Strategic Investment from CVS Health Ventures for Autonomous Medical Coding

What You Should Know Fathom, a leader in autonomous medical coding, has announced a strategic investment from CVS Health Ventures.The funding follows a period where revenue cycle management (RCM) has become the top priority for health IT investment, according to a 2025 Bain & Company/KLAS report.Fathom’s platform achieves 90%+ automation rates across multiple specialties, providing an alternative to slow, department-by-department AI rollouts.The company was recognized as the #1 solution
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XCaliber Health Secures $6.5M to Launch Healthcare’s First Agentic Operating System

by Fred Pennic 05/06/2026 Leave a Comment

XCaliber Health Secures $6.5M to Launch Healthcare’s First Agentic Operating System

What You Should Know XCaliber Health (XCaliber) has raised $6.5M in seed funding led by ManchesterStory, with participation from Benhamou Global Ventures (BGV) and Arka Venture Labs.The platform is an "agentic operating system" designed to coordinate siloed systems (EHRs, billing, scheduling) and automate manual workflows end-to-end.XCaliber addresses a significant "intelligence gap" where staff currently spend an average of 15.5 hours per physician, per week on administrative tasks.The
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Premier Inc. Appoints Dr. Emad Rizk as CEO and Chairman to Drive Healthcare Transformation

by Healthcare Executive Hires 05/05/2026 Leave a Comment

Premier Inc. Appoints Dr. Emad Rizk as CEO and Chairman to Drive Healthcare Transformation

What You Should Know Premier, Inc. has appointed Emad Rizk, M.D., as its new Chief Executive Officer, President, and Chairman of the Board.Dr. Rizk brings over 30 years of experience, having previously served as Chairman and CEO of Cotiviti, where he led a multibillion-dollar transformation in payment accuracy and value-based care.Premier supports $86 billion in purchasing across 4,250 hospitals and manages 1.3 billion patient encounters nationwide.The company has helped providers achieve
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Village Raises $9.5M for AI-Powered Specialty Pediatrics and Coordinated Care Platform

by Fred Pennic 05/05/2026 Leave a Comment

Village Raises $9.5M for AI-Powered Specialty Pediatrics and Coordinated Care Platform

What You Should Know Village has raised $9.5M in funding led by Upfront Ventures, with participation from Bling Capital, GTMFund, and Perceptive Ventures.The platform features Vera, an in-house AI agent that handles documentation, scheduling, billing, and care coordination for independent practices. The platform is the first pediatric-connected system designed to unite families, providers, and payers around coordinated care teams for children with developmental, behavioral, and mental health
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Impact Advisors Acquires Canopii Collaborative to Expand Epic Payer and Tapestry Expertise

by Fred Pennic 05/05/2026 Leave a Comment

Impact Advisors Acquires Canopii Collaborative to Expand Epic Payer and Tapestry Expertise

What You Should Know Impact Advisors has acquired Canopii Collaborative, a high-growth consulting firm specializing in the Epic payer platform (Tapestry), revenue cycle, and managed services. Financial details of the acquisition were not disclosed. Founded in 2021 by former Epic professionals, Canopii was recently ranked 67th on the Inc. 5000 list of fastest-growing U.S. companies.The acquisition enhances Impact Advisors’ ability to support "Payvider" alignment, helping organizations
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Perplexity and VisualDx Partner to Integrate Clinician-Validated Medical Images into AI Answers

by Fred Pennic 05/05/2026 Leave a Comment

Perplexity & VisualDx collab to improve AI answers w/ visuals

What You Should Know Perplexity has partnered with VisualDx to integrate clinician-validated medical images directly into its AI-powered health answers.VisualDx joins The New England Journal of Medicine (NEJM), The BMJ, and the American Heart Association as part of Perplexity’s Premium Health Sources.The integration provides a "visual intelligence layer" to help users and clinicians better understand skin conditions, infectious diseases, and other visibly diagnosable ailments.A core focus of
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RevSpring Report: 50% of Consumers Cut Back on Care Due to Financial Confusion and Cost

by Fred Pennic 05/05/2026 Leave a Comment

RevSpring Report: 50% of Consumers Cut Back on Care Due to Financial Confusion and Cost

What You Should Know RevSpring has released a national survey of 2,024 U.S. adults revealing that 94% of consumers agree healthcare needs to be made easier to navigate.Friction begins at the point of entry: 38% of consumers struggle to find an in-network provider.Financial uncertainty is a primary driver of disengagement, with 79% of patients reporting they have been surprised by the price of a medical bill.50% of respondents admitted to cutting back on medical care due to cost and confusion
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