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Fred Pennic, Editor-in Chief | HIT Consultant

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

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

by Fred Pennic 09/29/2025 Leave a Comment

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

What You Should Know:  - A new KLAS Flash Insights report explores how Epic’s  native clinician-facing ambient AI speech tool has the potential to reshape the market.   - Initially, Epic provided ambient speech through integrations with partners like Microsoft and Abridge. However, at its annual UGM in August 2025, Epic announced its own native clinician-facing ambient speech tool, developed with Microsoft.  - To understand the industry reaction, KLAS
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CareCloud Acquires HFMA’s MAP App to Infuse AI into Hospital Benchmarking

by Fred Pennic 09/29/2025 Leave a Comment

CareCloud Acquires HFMA’s MAP App to Infuse AI into Hospital Benchmarking

What You Should Know:  - CareCloud, a leader in AI-driven healthcare technology solutions, has announced a definitive agreement to acquire MAP App, an industry-leading hospital benchmarking tool created by the Healthcare Financial Management Association (HFMA).  - The acquisition, which is scheduled to close on October 1, 2025, is supported by a long-term joint marketing agreement that will enable the expansion of MAP App’s capabilities, particularly through the introduction of
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Neura Health Raises $11.4M to Expand Virtual Neurology Clinic and Combat 4-Month Wait Times

by Fred Pennic 09/29/2025 Leave a Comment

Neura Health Raises $2.2M to Expand Virtual Neurology Clinic

What You Should Know:  - Neura Health, a virtual neurology clinic raises $11.4M in Series A funding round, bringing the company's total funding to $22M led by the American Heart Association's Go Red for Women Venture Fund, marking the fund’s first-ever investment.  - The funding will be used to advance Neura's mission of making high-quality neurological care accessible to all, accelerating growth with payers and health systems, and expanding into new condition
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M&A: Evolent Health Sells Primary Care Business to Privia Health for $113M

by Fred Pennic 09/26/2025 Leave a Comment

M&A: Evolent Health Sells Primary Care Business to Privia Health for $113M

What You Should Know:  - Evolent Health, Inc., a company focused on improving health outcomes for people with complex conditions, has reached a definitive agreement to sell its value-based primary care business, Evolent Care Partners (ECP), to Privia Health Group, Inc..  - ECP is a major participant in the Medicare Shared Savings Program (MSSP), partnering with over 1,000 physicians to serve more than 120,000 members across the nation. Transaction Details and Financial
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Thyme Care Secures $97M to Scale Value-Based Oncology and AI Infrastructure

by Fred Pennic 09/26/2025 Leave a Comment

Thyme Care Secures $97M to Scale Value-Based Oncology and AI Infrastructure

What You Should Know:  - Thyme Care, a value-based cancer care enabler secures $97M in Series D funding, bringing its total capital raised to $275M.  The funding round was overwhelmingly backed by strategic investors, including current investors such as CVS Health® Ventures, Foresite Capital, and a16z Bio + Health, with new strategic investors including Morgan Health (JPMorganChase), Humana, Texas Oncology, and Memorial Hermann Health System. - The company also achieved
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Daymark Health Secures $20M to Scale Value-Based Cancer Care

by Fred Pennic 09/26/2025 Leave a Comment

Daymark Health Secures $20M to Scale Value-Based Cancer Care

What You Should Know:  - Daymark Health, a company dedicated to redefining the cancer care experience secures $20M in Series A funding round led by Healthier Capital and Blue Venture Fund, with continued participation from existing investors including Yosemite, Maverick Ventures, and Oncology Ventures.  - The investment will allow Daymark Health to continue scaling its cancer care platform, forge new partnerships with health plans and providers, and bring its innovative technology to
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Moneta Health Raises $4.5M to Expand AI-Powered Cognitive Care in Neurology Deserts

by Fred Pennic 09/26/2025 Leave a Comment

Moneta Health Raises $4.5M to Expand AI-Powered Cognitive Care in Neurology Deserts

What You Should Know:  - Moneta Health, a brain health company pioneering cognitive rehabilitation therapy through AI-powered delivery secures $4.5M with investment from True Ventures and Health2047 (the American Medical Association’s venture studio).  - The investment will support the company's mission to expand access to cognitive care, particularly in regions with insufficient access to neurology care. The funding is coupled with a new multi-year partnership with Benefis
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M&A: Datavant Acquires DigitalOwl to Transform Medical Data Analysis

by Fred Pennic 09/25/2025 Leave a Comment

Datavant Acquires DigitalOwl to Transform Medical Data Analysis

What You Should Know:  - Datavant, a data collaboration platform for healthcare, has announced an agreement to acquire DigitalOwl, a company specializing in AI-driven medical data analysis. Financial details of the acquisition were not disclosed.  - The acquisition will significantly expand Datavant’s capabilities, making health data more accessible and actionable for the legal and insurance industries. The goal is to transform a market that often suffers from time-consuming and
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MDisrupt Partners with American Heart Association to Expand Expert Marketplace

by Fred Pennic 09/25/2025 Leave a Comment

MDisrupt Partners with American Heart Association to Expand Expert Marketplace

What You Should Know:  - MDisrupt, a digital health company, has announced a collaboration to onboard professional members of the American Heart Association (AHA) to its expert marketplace.  - The expansion connects companies with cardiologists, neurologists, and multidisciplinary experts spanning clinical, regulatory, commercial, and operational domains in heart and brain health. The collaboration is built on a prior investment in MDisrupt by American Heart Association Ventures™
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UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

by Fred Pennic 09/24/2025 Leave a Comment

UnitedHealthcare Launches UHC Store for a Personalized Health Shopping Experience

What You Should Know:  - UnitedHealthcare has announced the launch of UHC Store, a new online shopping experience available within the UnitedHealthcare app and on myuhc.com®.  - The store is initially available to more than 6 million eligible members, with plans to expand to 18 million members this year. The UHC Store allows members to choose from a range of discounted health and wellness offerings to help meet their individual needs and complement their health benefits. A
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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