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Fred Pennic, Editor-in Chief | HIT Consultant

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

Abridge, Wolters Kluwer Partner on Ambient AI and UpToDate

by Fred Pennic 10/14/2024 Leave a Comment

Abridge, Wolters Kluwer Partner on Ambient AI and UpToDate

What You Should Know:  - Wolters Kluwer Health and Abridge have joined forces to integrate UpToDate®, a leading clinical decision support (CDS) solution, into the Abridge AI-powered clinical documentation platform.  - The collaboration aims to streamline clinical workflows, improve patient care, and reduce the administrative burden on clinicians. Enhancing Clinical Documentation with Real-Time Evidence Abridge's AI-powered platform automates clinical documentation in
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4 in 5 Surgeons Believe AI Can Bridge The Rural Surgical Gap

by Fred Pennic 10/11/2024 Leave a Comment

4 in 5 Surgeons Believe AI Can Bridge The Rural Surgical Gap

What You Should Know:  - A recent survey of 1,000 U.S. surgeons reveals a strong belief in the power of digital health to reduce disparities in access to surgical expertise, particularly in under-resourced communities.  - The State of Surgery survey, commissioned by Medtronic, highlights the potential of live streaming, artificial intelligence (AI), and virtual reality (VR) to transform surgical care and improve healthcare equity. Bridging the Gap in Surgical Access The
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Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

by Fred Pennic 10/11/2024 Leave a Comment

Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

What You Should Know:  - Cytovale, a medical diagnostics company revolutionizing early disease detection secures $100M in Series D funding round led by Sands Capital with participation from new investor Canada Pension Plan Investment Board (CPP Investments) and existing investors.  -  The investment will fuel the expansion of Cytovale's innovative sepsis diagnostic, IntelliSep, to more hospital emergency departments (EDs) and health systems nationwide. IntelliSep:
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Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

by Fred Pennic 10/11/2024 Leave a Comment

Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

In a time when healthcare is always changing, the pharmaceutical sector is under more pressure to ensure patient safety while maintaining compliance with stringent regulatory standards. As the complexity of pharmaceutical delivery rises, technology has become ever more crucial in tracking and safeguarding pharmacological products. One especially remarkable development in this area is PharmaWatch, a real-time tracking system that enhances pharmaceutical control and enables healthcare
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RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

by Fred Pennic 10/10/2024 Leave a Comment

RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

What You Should Know:  - RadiantGraph, an AI-powered platform designed to transform consumer engagement in healthcare, has secured $11M in Series A funding led by M13, with significant participation from XYZ Ventures and True Ventures.  - The investment will fuel the expansion of RadiantGraph's platform capabilities and drive further growth within health plans and healthcare service organizations. Addressing the Challenges of Member Engagement Traditional methods of member
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Microsoft Expands Healthcare AI Capabilities for Healthcare Organizations

by Fred Pennic 10/10/2024 Leave a Comment

Microsoft Expands Healthcare AI Capabilities to Enhance Patient Care

What You Should Know: - Microsoft today announced enhanced Microsoft Cloud for Healthcare AI solutions and capabilities that support healthcare organizations in their journey toward shaping healthier futures.  - In addition to expanded healthcare AI capabilities, Microsoft also shared updates on how customers including Providence, Paige.ai, and Cleveland Clinic are leveraging these capabilities.  Shaping a Healthier Future with AI The technology streamlines workflows,
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Suki Raises $70M to Advance AI-Powered Solutions for Healthcare

by Fred Pennic 10/10/2024 Leave a Comment

Suki to Deploy AI Assistant to Underserved Communities

What You Should Know:  - Suki, a provider of artificial intelligence (AI) technology for healthcare raises $70M in new funding, bringing its total funding to $165M.  - The investment, led by Hedosophia with significant participation from Venrock and existing investors, will fuel Suki's continued growth and product development, solidifying its position as a leader in AI-driven healthcare solutions. Suki's Mission: Making Healthcare Technology Invisible and Assistive Suki's
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Glooko Secures $100M, Appoints Mike Alvarez as New CEO

by Fred Pennic 10/10/2024 Leave a Comment

Glooko Secures $100 Million Series F Financing and Appoints Mike Alvarez as Chief Executive Officer

- Glooko, a global digital health company, has announced a successful Series F funding round, raising $100M to fuel its continued growth and product development led by Georgian, with participation from Health Catalyst Capital, Canaan, and other investors.  - In addition to this significant investment, Glooko also announced the appointment of Mike Alvarez as its new Chief Executive Officer. Funding to Drive Product Innovation and Global Expansion This substantial investment will support
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clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

by Fred Pennic 10/10/2024 Leave a Comment

clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

What You Should Know:  - clock.bio, a healthspan biotechnology company based at the Milner Therapeutics Institute in Cambridge, has secured $5.3M in seed funding to advance its groundbreaking research on human rejuvenation.  - The seed funding round was led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. Decoding the Secrets of Cellular Rejuvenation clock.bio has developed a proprietary aging model
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Carequality Resolves Dispute Between Particle Health and Epic

by Fred Pennic 10/09/2024 Leave a Comment

Carequality Resolves Dispute Between Particle Health and Epic

What You Should Know:  - Carequality, a non-profit interoperability framework, has successfully resolved a dispute between two of its members, Particle Health and Epic.  - The resolution underscores the strength of Carequality's framework and the community's dedication to upholding trust and responsible data-sharing practices. Epic-Particle Dispute Resolution Process The dispute, which centered around allegations of improper data access and exchange practices, underwent a
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