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Fred Pennic, Editor-in Chief | HIT Consultant

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

Innovaccer Launches 360-Degree Gap Closure Solution for Payers, Powered by AI

by Fred Pennic 03/12/2025 Leave a Comment

Innovaccer Launches 360-Degree Gap Closure Solution for Payers

What You Should Know:  - Innovaccer Inc., an Healthcare AI company unveiled its 360-Degree Gap Closure Solution for Payers, a comprehensive platform designed to revolutionize risk adjustment and quality improvement for health plans.  - The launch comes at a pivotal moment, as the Centers for Medicare & Medicaid Services (CMS) increases regulatory oversight and the adoption of value-based care accelerates. Addressing the Challenges of Modern Healthcare Health plans today
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Define Ventures Appoints Carolyn Magill as Venture Partner

by Healthcare Executive Hires 03/12/2025 Leave a Comment

Define Ventures Appoints Carolyn Magill as Venture Partner

What You Should Know:  - Define Ventures, a prominent venture capital firm specializing in early-stage health tech companies, has announced the addition of Carolyn Magill as a venture partner.  - Magill, a seasoned healthcare executive with 25 years of experience, will leverage her expertise to support Define Ventures' portfolio companies in scaling and achieving category-defining status. Magill Bio/Background Magill brings a wealth of experience to Define Ventures, having
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Enhancing Traditional Cardiopulmonary Resuscitation in Cardiac Arrest

by Dr. Adam Power, Co-Founder and Chief Medical Officer of Front Line Medical Technologies Inc. 03/12/2025 Leave a Comment

Enhancing Traditional Cardiopulmonary Resuscitation in Cardiac Arrest

Cardiac arrest remains one of the leading causes of death worldwide. Despite great advances in many other areas of medicine, cardiac arrest treatment has not been able to consistently improve resuscitation outcomes more than traditional cardiopulmonary resuscitation (CPR) with chest compressions and defibrillation.  Here are some novel strategies designed to enhance CPR in cardiac arrest. End-Tidal Carbon Dioxide (ETCO₂) and Invasive Arterial Blood Pressure Monitoring ETCO₂
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Medicaid Expansion Cuts Threaten $80B Loss for Healthcare Providers

by Fred Pennic 03/11/2025 Leave a Comment

Medicaid Expansion Cuts Threaten $80B Loss for Healthcare Providers

What You Should Know:  - A new analysis by the Urban Institute, supported by the Robert Wood Johnson Foundation, reveals that healthcare providers in 41 states that expanded Medicaid eligibility would face significant financial losses if federal funding for Medicaid expansion programs is cut.  - The potential drop in federal support could lead to nearly 11 million people losing health insurance coverage, triggering an $80B reduction in revenue for healthcare providers by
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Junction Raises $18M for Modern Healthcare Infrastructure

by Fred Pennic 03/11/2025 Leave a Comment

What You Should Know:  - Junction, a pioneering healthcare infrastructure company raises $18M in Series A funding round ed by Creandum, with participation from Y Combinator, Point Nine, Amino Collective, and Inflect Health. - The investment will accelerate the modernization of healthcare's foundational systems and enable the future of personalized care.  Addressing Healthcare's Infrastructure Problem The healthcare industry is undergoing a paradigm shift, with care
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Knack RCM Acquires PPM Partners, Expanding Expertise in Anesthesia RCM

by Fred Pennic 03/11/2025 Leave a Comment

Knack RCM Acquires PPM Partners, Expanding Expertise in Anesthesia RCM

What You Should Know:  - Knack RCM, a provider of tech-enabled revenue cycle management (RCM) services announced the acquisition of PPM Partners, a RCM provider specializing in the anesthesia sector. Financial details of the acquisition were not disclosed.  - The strategic move strengthens Knack RCM's position as a premier partner for anesthesia practices nationwide and expands its comprehensive suite of RCM solutions. PPM Partners Background Founded in 1991 and based in
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RLDatix Acquires IPeople Healthcare to Enhance EHR Data Accessibility and Patient Safety

by Fred Pennic 03/11/2025 Leave a Comment

RLDatix Acquires IPeople Healthcare to Enhance EHR Data Accessibility and Patient Safety

What You Should Know:  - RLDatix (RLD), a global leader in safety, workforce, and data solutions for healthcare systems, has announced the acquisition of IPeople Healthcare, a provider of business continuity and data accessibility solutions.  - The strategic move strengthens RLDatix's capabilities in ensuring seamless and uninterrupted access to electronic health record (EHR) data for healthcare providers, ultimately enhancing patient safety. IPeople's solutions address a
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Teladoc Health Expands Connected Care Partnerships to Enhance Integrated Virtual Care

by Fred Pennic 03/11/2025 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know:  - Teladoc Health announced a significant expansion of its connected care partnerships, adding new categories such as digestive health, centers of excellence, fertility, and family building.  - The expansion strengthens Teladoc Health's integrated care offerings and provides its members with seamless access to a wider range of specialized services. New Partners The expanded partnerships build on Teladoc Health's existing collaborations with Hinge
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Veradigm Payer Insights: Close Care Gaps Directly in EHRs for 3,500+ Practices

by Fred Pennic 03/11/2025 Leave a Comment

Veradigm Payer Insights: Close Care Gaps Directly in EHRs for 3,500+ Practices

What You Should Know:  - Veradigm, a provider of healthcare data and technology solutions, has announced a significant milestone: over 3,500 healthcare practices across the U.S. are now leveraging Veradigm Payer Insights to receive real-time, gaps-in-care alerts directly within their EHRs. This integration with national and regional health plans is optimizing the way providers address patient care gaps. - By embedding actionable insights into providers' daily workflows, Veradigm Payer
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Digital Musculoskeletal Care Hinge Health Files for IPO

by Fred Pennic 03/10/2025 Leave a Comment

Hinge Health, Amazon Partner to Expand Access to Musculoskeletal (MSK) Care

What You Should Know:  - Hinge Health, a digital healthcare company, has announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its Class A common stock. - Hinge Health intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol "HNGE." - Morgan Stanley, Barclays, and BofA Securities are acting as lead book-running managers for the proposed
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