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Fred Pennic, Editor-in Chief | HIT Consultant

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

The Role of AI in Streamlining Cannabis Dosage Recommendations

by Fred Pennic 12/17/2024 Leave a Comment

The Role of AI in Streamlining Cannabis Dosage Recommendations

The use of medical cannabis is gaining traction for managing a wide range of conditions, from pain to stress. However, determining the right dosage remains a significant challenge.  Factors such as individual metabolism, tolerance levels, and body composition can influence how product potency affects individuals. While you can use these factors to make an educated guess on dosage, pinpointing the ideal potency level often takes experimentation.  However, artificial intelligence
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Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

by Fred Pennic 12/16/2024 Leave a Comment

Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

What You Should Know:  - The digital health industry is at a critical juncture, facing both challenges and opportunities as it navigates a shifting financial landscape and prepares for growth in 2025.  - A new report, “Digital Health Go-to-Market Report” from Summit Health Advisors, based on a survey of 103 senior leaders in the digital health sector, provides valuable insights into the current state and future outlook of the industry. Digital Health Investment Landscape The
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SailPoint Acquires Imprivata’s IGA Business

by Fred Pennic 12/16/2024 Leave a Comment

SailPoint Acquires Imprivata’s IGA Business

What You Should Know:  - SailPoint, a leader in identity security has acquired Imprivata's Identity Governance and Administration (IGA) business, expanding its portfolio of solutions for healthcare organizations. - In addition, SailPoint and Imprivata will collaborate as strategic partners in the healthcare market, offering integrated identity security and access management solutions. Support for Imprivata IGA Customers As part of the acquisition,​ Imprivata will promote
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Promise of Value-Based Care Through Engagement and Outreach

by Joy Avery, MSN, RN, SVP, Clinical Strategy, CipherHealth, and Donna Pritchard, DNP, FNP-BC, MSN, RN, VP, Clinical Services, CipherHealth 12/16/2024 Leave a Comment

Delivering on the promise of value-based care through engagement and outreach

The transformation of the healthcare landscape is undeniable. With the industry moving toward value-based care, the emphasis has shifted from volume of services to the actual value or outcome of care delivered. And while value-based care holds providers more accountable for results, it also grants resources and time to provide better, more patient-centric care.  But even years into the shift, no comprehensive guidebook for success remains. While providers are rewarded for higher-quality
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Zocdoc Report Reveals 2024 Insights into Patient Preferences and Behaviors

by Fred Pennic 12/13/2024 Leave a Comment

ZocDoc: 2024 Insights into Patient Preferences and Behaviors

What You Should Know:  - Zocdoc, a healthcare marketplace connecting patients with providers, has released its second annual "What Patients Want: 2024 Insights into Patient Preferences and Behaviors" report, providing valuable insights into patient preferences and behaviors in 2024.  - The report analyzes millions of interactions on the Zocdoc platform to identify key trends shaping the healthcare landscape.  Social Media's Influence on Healthcare The report highlights
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SpinSci Secures $53M for AI-Enhanced Patient Engagement

by Fred Pennic 12/13/2024 Leave a Comment

SpinSci Secures $53M for AI-Enhanced Patient Engagement

What You Should Know:  - SpinSci, a healthcare technology company specializing in AI-powered patient engagement solutions secures $53M majority investment from Aldrich Capital Partners.  - The company plans to use the funding to accelerate SpinSci's growth and innovation in delivering seamless digital experiences for healthcare providers and patients. Comprehensive Patient Journey Support SpinSci has disrupted the healthcare industry by delivering AI-driven solutions that
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1m Secures $10M to Transform Risk Management in Healthcare

by Fred Pennic 12/13/2024 Leave a Comment

1m Secures $10M to Transform Risk Management in Healthcare

What You Should Know:  - 1m, a data and analytics technology company focused on healthcare risk management, has announced a $10 million Series A financing round led by Banner Health, with participation from prominent healthcare organizations like Cleveland Clinic and Stanford Health Care.  - This investment will accelerate 1m's mission to empower healthcare systems with advanced risk management solutions. Addressing the Complexities of Healthcare Risk Healthcare providers
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CoachCare Raises $11M for Virtual Care Management

by Fred Pennic 12/13/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions secures $11M investment from Catalyst Investors, a growth equity firm specializing in technology-enabled services. This latest funding follows a successful year of growth for CoachCare, bringing its total capital raised in 2024 to over $110M.  - In connection with the Catalyst Investors transaction, Kapil Desai has joined CoachCare's Board of Directors. Additionally, Elias Davis, who recently
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Redesign Health Secures $175M to Launch and Scale Healthcare Companies

by Fred Pennic 12/12/2024 Leave a Comment

Redesign Health Secures $175M to Launch and Scale Healthcare Companies

What You Should Know:  - Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.  - The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation. - The new funding will enable Redesign Health to support
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Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

by Healthcare Executive Hires 12/12/2024 Leave a Comment

Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

What You Should Know:  - Pleno, an innovative multi-omics diagnostics company, announced it has raised $25M in Series B funding and appointed Dr. Vik Vaz as its new Chief Executive Officer (CEO).  Key investors Deerfield Management, Foresite Capital and Medical Excellence Capital remain committed to supporting the next phase of the company’s growth strategy. - Dr. Vaz, a seasoned leader with extensive experience in the life sciences and medical technology sectors, will guide
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