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Fred Pennic, Editor-in Chief | HIT Consultant

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

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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Kairon Health Secures $5M to Build the AI Execution Layer for Value-Based Care

by Fred Pennic 09/17/2026 Leave a Comment

Kairon Health Secures $5M to Build the AI Execution Layer for Value-Based Care

What You Should Know Kairon Health, the AI-native execution layer for value-based care (VBC) that it has raised $5M in venture funding to automate day-to-day operations for risk-bearing provider organizations.The financing round was led by Flare Capital Partners, with participation from Tau Ventures and existing investors Lightbank, General Advance, and Pave Health Ventures.The platform addresses the "visibility versus execution" deficit in population health, replacing legacy analytics tools
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ATA Action Launches Cross-State Care Coalition to Advance Bipartisan Federal Telehealth Licensure Reform

by Fred Pennic 09/17/2026 Leave a Comment

ATA Action Launches Cross-State Care Coalition to Advance Bipartisan Federal Telehealth Licensure Reform

What You Should Know ATA Action—the advocacy arm of the American Telemedicine Association (ATA)—launched the Cross-State Care Coalition, uniting health systems, digital health platforms, and clinical innovators to advance bipartisan federal legislation modernizing clinician licensure across state lines.The coalition is co-chaired by Johns Hopkins Medicine and ATA Action, building upon policy foundations established under the Licensure Innovation for Telehealth Transformation (LIFTT)
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M&A: Sword Acquires Headspace in All-Cash Deal Worth Up to $300M to Unify Physical and Mental AI Care

by Fred Pennic 09/16/2026 Leave a Comment

Sword Acquires Headspace in All-Cash Deal Worth Up to $300M to Unify Physical and Mental AI Care

What You Should Know Sword, the $4B AI health company, signed a definitive agreement to acquire digital mental health and mindfulness leader Headspace in an all-cash transaction valued at up to $300 million, with closing expected by the beginning of Q4 2026.The transaction unites Sword’s clinical AI Care platform with Headspace’s global reach of 100 million lives across 200 countries, 20,000 corporate enterprise clients, and health plan integrations including Cigna Healthcare and Kaiser
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R1 Unveils Phare Utilization Management on Phare OS to Eliminate Medical Necessity Denials

by Fred Pennic 09/16/2026 Leave a Comment

R1 Unveils Phare Utilization Management on Phare OS to Eliminate Medical Necessity Denials

What You Should Know Healthcare revenue cycle management leader R1 announced the launch of Phare Utilization Management (Phare UM), an AI-enabled solution moving hospital utilization management from retrospective chart auditing to proactive, real-time decisioning.The Guthrie Clinic—a non-profit, integrated health system serving northern Pennsylvania and upstate New York—is among the first health systems to deploy Phare UM across its acute care operations.Built directly on Phare OS, R1’s core
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