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Fred Pennic, Editor-in Chief | HIT Consultant

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

65% of Consumers Do Not Seek Healthcare Until It’s Urgent, PwC Survey Reveals

by Fred Pennic 10/17/2024 Leave a Comment

65% of Consumers Do Not Seek Healthcare Until It’s Urgent, PwC Survey Reveals

What You Should Know:  - A new survey from PwC highlights significant disparities in how consumers experience the U.S. healthcare system with 65% of consumers revealing they do not seek healthcare until it’s urgent.  - The 2024 Healthcare Consumer Insights Survey reveals concerning trends in affordability, preventive care, and technology adoption, underscoring the need for personalized and accessible solutions. Affordability Crisis and Generational Divide The survey found
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Q/A: Trace3 Director Talks Leveraging AI-Driven Anomaly Detection for Enhanced Patient Data Privacy

by Fred Pennic 10/17/2024 Leave a Comment

Q/A: Trace3 Director Talks Leveraging AI-Driven Anomaly Detection for Enhanced Patient Data Privacy

With healthcare data breaches on the rise and concerns about patient privacy escalating, the role of AI in anomaly detection is becoming increasingly critical. To address these challenges and improve patient data security, AI-driven anomaly detection is emerging as a critical solution. To gain deeper insights into this evolving landscape, we recently sat down with Sarah Danielson, Sr. Director of Healthcare Strategy and Advisory at Trace3 to discuss how AI-driven anomaly detection can help
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Evvy Appoints Dr. Kate McLean as First Chief Medical Officer

by Healthcare Executive Hires 10/17/2024 Leave a Comment

Evvy Appoints Dr. Kate McLean as First Chief Medical Officer

What You Should Know:  - Evvy, a female-founded biotech startup revolutionizing women's health, has announced the appointment of Dr. Kate McLean as its first Chief Medical Officer (CMO).  - As CMO, Dr. McLean will focus on expanding its patient offerings, uncovering new biomarkers, and building new strategic partnerships.  Dr. McLean's Extensive Experience in Women's Health Dr. McLean brings a wealth of experience to Evvy, having worked in diverse settings and roles
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CodexIT Acquires Kyval to Expand Healthcare Data Services

by Healthcare Mergers & Acquisitions (M&A) 10/17/2024 Leave a Comment

CodexIT Acquires Kyval to Expand Healthcare Data Services

What You Should Know:  - CodexIT, a national leader in healthcare technology solutions, has acquired Marsden's Kyval, a data migration, validation, and archiving company based in New York City.  - The acquisition marks CodexIT's fourth acquisition in the past two years and reinforces its commitment to providing comprehensive, patient-centric technology solutions for healthcare organizations. Expanding Data Services Expertise Kyval is a tech-enabled healthcare data company
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HLTH 2024: 21 Executives Share Their Predictions and Insights

by Fred Pennic 10/16/2024 Leave a Comment

HLTH 2024: 21 Executives Share Their Predictions and Insights

As HLTH 2024 prepares to convene in Las Vegas, the anticipation for groundbreaking insights and transformative discussions is palpable. To get a glimpse into the key themes and predictions shaping this year's event, we reached out to 21 digital health executives for their expert perspectives. From the rise of generative AI and the evolving role of virtual care to the increasing focus on health equity and value-based care, these industry leaders offer a diverse range of perspectives on the
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Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

by Fred Pennic 10/16/2024 Leave a Comment

Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

What You Should Know:  - Legion Health, a Y Combinator-backed digital mental health startup, has secured $6.3M in seed funding to support its evolution from a marketplace platform to a full-fledged digital psychiatry practice.  - The Austin-based company is leveraging AI to enhance efficiency, improve patient care, and address the challenges faced by both providers and patients in mental healthcare. From Marketplace to Digital Practice Legion Health initially focused on
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Oshi Health Raises $60M to Expand Virtual Digestive Care Nationwide

by Fred Pennic 10/16/2024 Leave a Comment

Oshi Health Raises $60M to Expand Virtual Digestive Care Nationwide

What You Should Know:  - Oshi Health, a virtual gastrointestinal (GI) care provider raises $60M in a Series C funding round led by Oak HC/FT, with participation from existing investors including Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures and Takeda Digital Ventures.  - The funding will fuel Oshi Health's continued nationwide expansion and mission to transform digestive healthcare in the U.S. Oshi Health's Whole-Person
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miRoncol Develops Multi-Cancer Early Detection Blood Test

by Fred Pennic 10/16/2024 Leave a Comment

miRoncol Develops Multi-Cancer Early Detection Blood Test

What You Should Know:  - miRoncol, a medtech startup, has announced the completion of proof-of-concept studies for a groundbreaking multi-cancer early detection blood test.  - The test utilizes microRNA analysis and machine learning, two technologies recognized by the 2024 Nobel Prizes, to identify cancers at their earliest stages, even before the onset of noticeable symptoms. The Power of microRNA and Machine Learning MicroRNAs (miRNAs) are small RNA molecules that play a
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MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

by Fred Pennic 10/16/2024 Leave a Comment

MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

What You Should Know:  - MDisrupt, a leading expert marketplace for the health tech and life sciences industries, has announced a significant milestone with a $1M investment from American Heart Association Ventures.  - The strategic partnership will support the expansion of MDisrupt's AI-powered platform, connecting healthcare companies with vetted experts to accelerate innovation and improve patient outcomes. Addressing the Need for Specialized Expertise The healthcare
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ClinicMind Acquires ChiroDominance, Expands Multispecialty Reach

by Fred Pennic 10/15/2024 Leave a Comment

ClinicMind Acquires ChiroDominance, Expands Multispecialty Reach

What You Should Know:  - ClinicMind, a provider of comprehensive practice management and patient care solutions, has acquired ChiroDominance, a prominent patient engagement and marketing platform for chiropractic practices.  - The strategic acquisition strengthens ClinicMind's position as a multispecialty platform and expands its offerings to enhance the entire patient care cycle. Expanding ClinicMind's Multispecialty Platform ChiroDominance has established itself as a
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