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Fred Pennic, Editor-in Chief | HIT Consultant

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

Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

by Fred Pennic 03/12/2025 Leave a Comment

Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

What You Should Know:  - Motivity, a provider of clinical SaaS solutions for Applied Behavior Analysis (ABA) providers serving children with autism secures a $27M investment from Five Elms Capital, a prominent software investment firm.  - The funding will accelerate Motivity's product innovation, expand its team, and enhance support for ABA providers worldwide. Global Reach and Strategic Partnership Today, Motivity serves over 550 organizations across seven countries,
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CoachCare Acquires VitalTech, Expanding RPM and Virtual Care Capabilities

by Fred Pennic 03/12/2025 Leave a Comment

CoachCare Acquires VitalTech, Expanding RPM and Virtual Care Capabilities

What You Should Know:  - CoachCare, a provider of remote patient monitoring (RPM) and care management platforms has acquired VitalTech, a provider of comprehensive enterprise solutions across the care continuum.  - The strategic acquisition, advised by Hyde Park Capital, represents CoachCare's eighth acquisition since 2023 and significantly enhances its virtual care capabilities. VitalTech Background VitalTech, founded in 2019, brings unique software and AI expertise to
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ReferWell Appoints Kevin Healy as New CEO to Drive Growth

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

ReferWell Appoints Kevin Healy as New CEO to Drive Growth

What You Should Know:  - ReferWell, a digital healthcare company specializing in navigating care access, has announced the appointment of Kevin Healy as its new Chief Executive Officer, effective April 1, 2025.  - In 2025, ReferWell aims to identify new opportunities to leverage its care scheduling platform and care concierge service to break down barriers to care. The company is committed to connecting data and empathy to positively impact patient health outcomes and drive
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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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