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Fred Pennic, Editor-in Chief | HIT Consultant

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

Beyond Hospital Pre-Merger Notice: PESP Report Reveals States Are Targeting Private Equity Control via MSOs, Debt, and Sale-Leasebacks

by Fred Pennic 09/22/2026 Leave a Comment

Beyond Hospital Pre-Merger Notice: PESP Report Reveals States Are Targeting Private Equity Control via MSOs, Debt, and Sale-Leasebacks

What You Should Know The Private Equity Stakeholder Project (PESP) released its comprehensive report, the 2026 State Healthcare Policy Review: Tracking Private Equity Oversight and Reform, examining nationwide legislative efforts to regulate private equity control across provider networks.As of August 2026, six states had enacted nine distinct healthcare oversight laws—one each in Washington, Vermont, and Delaware, and two each in Illinois, Maine, and Connecticut—while California and Oregon
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Abridge Wins Seat on $775.7M VA Enterprise Contract to Power Ambient Clinical AI

by Fred Pennic 09/22/2026 Leave a Comment

Verizon Inks $448.3M Veterans Affairs Contract for Mobile Devices

What You Should Know Abridge, the AI-native clinician intelligence platform deployed across more than 300 U.S. health systems, announced it was selected through a distribution partner to provide ambient clinical AI under a landmark U.S. Department of Veterans Affairs (VA) enterprise contract.The multiple-award Indefinite Delivery, Indefinite Quantity (IDIQ) contract carries a total ceiling of $775.72 million over five years across all eligible competing vendors, allowing individual VA medical
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DexCare Acquires AI Care Coordination Platform Mila Health to Unify Patient Access and Conversational Scheduling

by Fred Pennic 09/21/2026 Leave a Comment

What You Should Know Patient access and navigation leader DexCare, Inc. announced the acquisition of Mila Health, an AI-driven care coordination company whose conversational agents autonomously call, text, and chat with patients to manage scheduling, pre-visit preparation, and post-discharge follow-ups.The transaction represents DexCare’s second corporate acquisition, building on its 2022 purchase of Womp, Inc., and expands its capital-backed platform that has raised $146 million to date
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Ascend Learning Acquires AI Scheduling Platform M7 Health to Build End-to-End Healthcare Workforce Lifecycle

by Fred Pennic 09/21/2026 Leave a Comment

Ascend Learning Acquires AI Scheduling Platform M7 Health to Build End-to-End Healthcare Workforce Lifecycle

What You Should Know Healthcare and education technology provider Ascend Learning announced the acquisition of M7 Health, an AI-powered clinical scheduling and workforce management platform utilized across large academic medical centers, community facilities, and rural hospitals nationwide.The transaction creates an integrated enterprise workforce platform connecting education, credentialing, competency management, frontline leadership engagement, and dynamic shift deployment under a single
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Experian Health Patient Access Curator Prevents $50M in Composite Health System Denials

by Fred Pennic 09/21/2026 Leave a Comment

Experian Health Patient Access Curator Prevents $50M in Composite Health System Denials

What You Should Know A commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting in August 2026 revealed that Experian Health’s Patient Access Curator™ protected $50.4M in revenue over three years for a modeled composite health system.Over a three-year implementation window, the platform reduced coordination of benefits (COB) denials by 40%, eligibility denials by 35%, and registration-related denials by 20%.The financial analysis evaluated a composite integrated
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Angle Health Secures $600M at $2.7B Valuation to Scale AI-Native Small Business Health Plans

by Fred Pennic 09/18/2026 Leave a Comment

Angle Health Secures $600M at $2.7B Valuation to Scale AI-Native Small Business Health Plans

What You Should Know Angle Health, an AI-native healthcare benefits platform designed for small and midsize businesses (SMBs), announced a $600M equity financing transaction at a $2.7 billion valuation.The financing was led by global growth investor Vitruvian Partners, with participation from new backer Town Hall Ventures and existing investors Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator.Angle Health currently serves more than 5,000 employer groups with customizable
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Harris Poll Reveals 70% of Gen Z Healthcare Workers Eye Departure as U.S. Faces 500,000-Worker Shortage

by Fred Pennic 09/18/2026 Leave a Comment

Harris Poll Reveals 70% of Gen Z Healthcare Workers Eye Departure as U.S. Faces 500,000-Worker Shortage

What You Should Know The 2026 Healthcare Workforce Barometer, conducted online by The Harris Poll on behalf of Strategic Education, Inc. and its subsidiary Workforce Edge, surveyed 1,514 full-time direct patient care employees and 304 healthcare employers between June 12 and July 1, 2026.The study reveals that 59% of the total U.S. healthcare workforce is likely to look for a new role in the next year, while 70% of Gen Z healthcare workers plan to explore a new job over the same
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How HonorHealth Embeds Qventus AI Teammates to Automate EHR Workflows

by Fred Pennic 09/18/2026 Leave a Comment

Qventus Launches AI-Powered Care Gap and Coding Automation Suite for EHR Workflows

What You Should Know Arizona-based nonprofit health system HonorHealth (operating nine acute-care hospitals, an extensive medical group, and outpatient networks across Greater Phoenix) has expanded its enterprise partnership with automated care operations leader Qventus by joining the AI Solution Factory.The AI Solution Factory is a co-development engagement model that embeds Qventus transformation engineers on-site with health system frontline clinicians and IT teams to design, prioritize,
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Ferry Health Emerges from Stealth with $9M to Automate Patient Appointment Scheduling

by Fred Pennic 09/17/2026 Leave a Comment

Ferry Health Emerges from Stealth with $9M to Automate Patient Appointment Scheduling

What You Should Know Ferry Health emerged from stealth, securing $9M in seed funding to deploy an autonomous, agentic AI personal assistant that handles complex healthcare logistics for patients.The seed financing round was co-led by Andreessen Horowitz (a16z) and Index Ventures, with participation from Avid Ventures, Layout Ventures, SV Angel, BoxGroup, Asymmetric Capital Partners, and prominent angel investors including Jay Desai (co-founder of Bamboo Health) and the founders of Grow
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Datavant Secures Minority Investment from Neuberger and KKR to Accelerate Health Data Collaboration

by Fred Pennic 09/17/2026 Leave a Comment

Datavant Secures Significant Minority Investment from Neuberger and KKR to Accelerate Health Data Collaboration

What You Should Know Healthcare data collaboration platform Datavant announced that investment funds managed by Neuberger Capital Solutions, Neuberger Private Markets, and KKR have agreed to acquire a significant minority stake in the company.Long-term healthcare private equity sponsor New Mountain Capital, which has been an investor in Datavant since 2014, will retain its majority control position.The transaction expands the capital structure supporting the nation’s largest health data
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