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Fred Pennic, Editor-in Chief | HIT Consultant

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

How Hospital M&A Momentum Shifted to Ambulatory and Behavioral Health in 2026

by Fred Pennic 01/15/2026 Leave a Comment

How Hospital M&A Momentum Shifted to Ambulatory and Behavioral Health in 2026

What You Should Know - Kaufman Hall has released its year-end analysis for 2025, reporting a total of 46 hospital and health system transactions. While total transacted revenue hit a historical low of $18.5 billion due to a slow start in the first half of the year, momentum surged in Q4 with 17 transactions, including four "mega mergers" where the smaller party’s annual revenue exceeded $1 billion.  - Crucially, financial distress drove a record 43.5% of all transactions, a trend
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Aultman Health System Deploys Nabla’s Ambient AI within Oracle Cerner EHR

by Fred Pennic 01/15/2026 Leave a Comment

Aultman Health System Deploys Nabla’s Ambient AI within Oracle Cerner EHR

What You Should Know - Aultman Health System, a nonprofit integrated network in Northeast Ohio, has officially deployed Nabla’s ambient AI assistant natively within its Oracle Cerner EHR.  - Deploying the technology to hundreds of clinicians across inpatient and outpatient settings in less than 60 days, Aultman has already reported significant efficiency gains: clinicians are saving between 30 and 60 minutes a day on documentation, with some reporting the capacity to see three to five
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Avalon Healthcare Solutions Lands Strategic Investment from Francisco Partners and WindRose

by Fred Pennic 01/15/2026 Leave a Comment

Avalon Healthcare Solutions Lands Strategic Investment from Francisco Partners and WindRose

What You Should Know - Avalon Healthcare Solutions, the leader in diagnostic intelligence, has announced a strategic investment from Francisco Partners and WindRose Health Investors. - The capital will be used to accelerate the expansion of Avalon’s proprietary Diagnostic Insights Platform, which currently supports more than 30 health plans and over 90 million members nationwide. The platform focuses on automating diagnostic policy and utilizing advanced analytics to transform clinical
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Ultrahuman and Click Therapeutics Launch World’s First Biomarker-Driven Migraine Tool

by Fred Pennic 01/14/2026 Leave a Comment

Ultrahuman and Click Therapeutics Launch World’s First Biomarker-Driven Migraine Tool

What You Should Know - Ultrahuman, the global leader in wearable health technology, has partnered with Click Therapeutics to develop the Migraine PowerPlug. This first-of-its-kind tool integrates the proprietary technology behind Click’s CT-132—the first and only FDA-authorized digital treatment for episodic migraine—directly into the Ultrahuman platform.  - By combining biomarker analytics with clinically validated behavioral interventions, the PowerPlug aims to provide real-time,
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HCA Healthcare Goes Live with MEDITECH Expanse Across 43 Hospitals

by Fred Pennic 01/14/2026 Leave a Comment

HCA Healthcare Goes Live with MEDITECH Expanse Across 43 Hospitals

What You Should Know - MEDITECH and HCA Healthcare have reached a major milestone in their 30-year partnership with the go-live of the MEDITECH Expanse EHR at 43 hospitals.  - The deployment represents the first large-scale wave of an enterprise-wide rollout for HCA Healthcare, one of the nation’s largest providers, aimed at integrating data more seamlessly and accelerating the adoption of AI and digital innovations. The Expanse Advantage: Intuitive, Mobile, and AI-Infused HCA
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Vista AI Secures $29.5M to Scale Automated Scanning Across Brain, Spine, and Prostate

by Fred Pennic 01/14/2026 Leave a Comment

Vista AI Secures $29.5M to Scale Automated Scanning Across Brain, Spine, and Prostate

What You Should Know Vista AI, a provider of automated MRI scanning software for hospitals and imaging centers secures $29.5M in Series B financing, backed by a powerhouse group of new investors including Cedars-Sinai, Intermountain Health, and Tampa General Hospital. - The funding will accelerate the expansion of the company's FDA-cleared automated MRI scanning platform into new anatomies—including brain, spine, and prostate—while scaling remote scanning services to address the national
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The Autonomous Revenue Cycle: Waystar Launches Agentic AI to Prevent Billions in Denials

by Fred Pennic 01/14/2026 Leave a Comment

Waystar Postpones U.S. IPO in Response to Market Turbulence

What You Should Know - Healthcare payment provider Waystar has announced the introduction of agentic intelligence to its cloud-native platform, marking a pivotal step toward the industry's first autonomous revenue cycle. - Powered by the Waystar AltitudeAI™ engine and a dataset comprising 7.5 billion annual transactions, the new agentic network is designed to execute defined tasks and learn from outcomes with minimal intervention, significantly reducing administrative friction for
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Epic and Health Systems Sue Health Gorilla Over Alleged Medical Record ‘Syndicate’ and Data Monetization

by Fred Pennic 01/13/2026 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know - Epic Systems—alongside OCHIN, Reid Health, Trinity Health, and UMass Memorial Health—has filed a major lawsuit against the health information network Health Gorilla and companies including Mammoth and RavillaMed.  - The lawsuit alleges the defendants operated an "organized syndicate" to improperly access and monetize nearly 300,000 patient records from the Epic community, alongside an unknown number of records from the VA and other EHR providers, for purposes
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HPS/PayMedix Secures $33M to Scale Guaranteed Healthcare Payments

by Fred Pennic 01/13/2026 Leave a Comment

HPS/PayMedix Secures $33M to Scale Guaranteed Healthcare Payments

What You Should Know - HPS/PayMedix secures $33M in combined equity and debt financing to accelerate the growth of its healthcare financing and payments platform.  - Led by HLM Investment Partners, the funding will be used to expand the PayMedix solution, which unifies all healthcare stakeholders through guaranteed provider payments, interest-free patient financing, and a consolidated SuperEOB® experience. The Affordability Mandate: Unifying the Payment Experience As
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Converge Bio Lands $25M to Replace Trial-and-Error Drug Discovery

by Fred Pennic 01/13/2026 Leave a Comment

Converge Bio Lands $25M to Replace Trial-and-Error Drug Discovery

What You Should Know - Converge Bio has announced a $25M Series A funding round led by Bessemer Venture Partners, bringing its total raised to $30M. - Moving beyond the "AI promise" gap, the company provides end-to-end AI systems that plug directly into existing drug development workflows, already serving over a dozen pharmaceutical and biotech customers to optimize target discovery and protein manufacturing. The Systemic Pivot: Bridging the Gap Between Promise and Reality While
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