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Fred Pennic, Editor-in Chief | HIT Consultant

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

Elucid Raises $55M to Expand Non-Invasive Cardiovascular Diagnostic Platform

by Fred Pennic 09/02/2026 Leave a Comment

Elucid Raises $55M to Expand Non-Invasive Cardiovascular Diagnostic Platform

What You Should Know Boston-based cardiovascular medtech innovator Elucid closed an oversubscribed $55M Series D financing round, bringing its cumulative funding to approximately $185M.The round features participation from a new major, publicly traded medical device company—becoming Elucid’s fourth publicly traded strategic backer—alongside existing investors including IAG Capital Partners and Elevage Medical Technologies (a Patient Square Capital platform).Proceeds will accelerate the
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M&A: Cureety Acquires Reimagine Care to Expand Precision Oncology Platform Across 250 Cancer Centers

by Fred Pennic 09/02/2026 Leave a Comment

M&A: Cureety Acquires Reimagine Care to Expand Precision Oncology Platform Across 250 Cancer Centers

What You Should Know Paris-based precision oncology company Cureety has acquired Nashville-based Reimagine Care, uniting therapy-specific remote clinical intelligence with conversational AI patient engagement and specialized human care teams.The combined entity operates as a profitable organization serving more than 250 cancer centers and 100,000 patients across five countries, with a joint workforce of approximately 150 employees.Integrates Reimagine Care’s conversational AI platform, Remi,
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LeanTaaS Acquires Care Transition Platform Aidin to Expand iQueue for Inpatient Flow

by Fred Pennic 09/01/2026 Leave a Comment

LeanTaaS Acquires Care Transition Platform Aidin to Expand iQueue for Inpatient Flow

What You Should Know Healthcare capacity management and predictive operational software market leader LeanTaaS has acquired Aidin, a specialized care transition platform.Integrates Aidin’s network—which serves 200+ hospitals across ~20 health systems and coordinates more than 2 million referrals annually across 21,000+ post-acute providers—directly into LeanTaaS’ iQueue for Inpatient Flow.The acquisition expands LeanTaaS’ market footprint, currently deployed across 200 health systems in
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N-Power Medicine Closes $32M to Expand Community Oncology Research

by Fred Pennic 09/01/2026 Leave a Comment

N-Power Medicine Closes $32M to Expand Community Oncology Research

What You Should Know Oncology drug development platform N-Power Medicine closed a $32M Series B financing round to scale its community oncology clinical research network and expand adoption of its Prospective External Control Arms (ProECA) technology.The financing features Labcorp Venture Fund as a new strategic investor, alongside continued participation from Merck Global Health Innovation Fund (Merck GHI), Innovatus Capital Partners, and a leading U.S.-based biotechnology investor.Solves a
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BARDA Awards Flosonics Medical Up to $70M to Expand Wearable Ultrasound into Trauma Care

by Fred Pennic 09/01/2026 Leave a Comment

Sutter Health Deploys World’s First Wearable Doppler Ultrasound Patch to Enhance Safety of ICU Patients

What You Should Know Flosonics Medical secured a major development contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS).Awarded under BARDA’s Burn and Blast Medical Countermeasures program (Contract No. 75A50126C00006), the agreement includes initial funding of approximately $15 million, with a total potential value of up to ~$70
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Glooko Launches GestationalCare to Unify Multi-Device Diabetes Telemetry in High-Risk Pregnancy

by Fred Pennic 09/01/2026 Leave a Comment

Glooko Launches GestationalCare to Unify Multi-Device Diabetes Telemetry in High-Risk Pregnancy

What You Should Know Global connected diabetes care leader Glooko, Inc. announced GestationalCare™, a dedicated pregnancy-specific clinical module built on its ambulatory diabetes management platform.GestationalCare resolves the acute challenge of compressed clinical timelines in pregnancy, replacing disconnected spreadsheets, patient portal screenshots, and paper logs with automated, device-neutral data aggregation.Covers the full spectrum of maternal metabolic care: Gestational Diabetes
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Scan.com Secures $220M to Scale National Diagnostic Imaging API

by Fred Pennic 08/31/2026 Leave a Comment

Scan.com Secures $220M to Scale National Diagnostic Imaging API

What You Should Know Diagnostic medical imaging network Scan.com has closed $220M in combined equity and debt financing, comprising a $90 million Series C equity round and $130M in debt facilities.The equity financing was led by Noteus Partners, with participation from Aviva, Concord Health Partners, YZR Capital, and Oxford Capital; debt facilities to support M&A and working capital were provided by VerisFi Capital and Atempo Growth.Follows a period of rapid growth where Scan.com doubled
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Labcorp Redesigns Global Trial Connect to Streamline Sponsor and Investigator Workflows

by Fred Pennic 08/31/2026 Leave a Comment

Labcorp and NACHC Form Alliance to Train CMOs and Leverage CHC Lab Data

What You Should Know Labcorp launched major digital enhancements to Labcorp Global Trial Connect™, redesigning both the Labcorp Sponsor™ and Labcorp Investigator™ portal experiences.Co-developed and guided by direct product testing and feedback from more than 80 biopharma sponsors and 100 clinical investigator sites worldwide.Features embedded in-portal kit ordering that cuts manual data entry by 75% while standardizing inventory tracking and supply replenishment.Introduces a unified Study
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Kettering Health and ASHN Partner with WellBeam to Embed Home Health Workflows in Native EMRs

by Fred Pennic 08/31/2026 Leave a Comment

Kettering Health and ASHN Partner with WellBeam to Embed Home Health Workflows in Native EMRs

What You Should Know Healthcare technology firm WellBeam formed a strategic partnership with Kettering Health (a regional health system in western Ohio) and Alternate Solutions Health Network (ASHN) (a national provider of home health joint ventures).Embeds home health clinical workflows—including order management, electronic plan-of-care signing, and clinical communication—directly into existing physician electronic medical record (EMR) environments.Eliminates the traditional post-acute
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M&A: Globus Medical Acquires Duke Incubator Higgs Boson Health to Expand Surgical Intelligence

by Fred Pennic 08/28/2026 Leave a Comment

Globus Medical Acquires Duke Incubator Higgs Boson Health to Expand Surgical Intelligence

What You Should Know Musculoskeletal technology leader Globus Medical, Inc. announced the acquisition of Higgs Boson Health, a digital healthcare experience company based in Durham, North Carolina, and incubated out of Duke University.Integrates Higgs Boson’s software engineering and artificial intelligence research teams into Globus Medical to develop a seamless, connected digital care environment spanning the entire musculoskeletal patient journey.The acquisition positions Higgs Boson’s
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