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Fred Pennic, Editor-in Chief | HIT Consultant

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

Lantheus to Acquire Evergreen Theragnostics to Expand Radiopharmaceutical Capabilities

by Fred Pennic 01/28/2025 Leave a Comment

Lantheus to Acquire Evergreen Theragnostics to Expand Radiopharmaceutical Capabilities

What You Should Know:  - Lantheus Holdings, Inc., a radiopharmaceutical company, announced today a definitive agreement to acquire Evergreen Theragnostics, Inc., a clinical-stage radiopharmaceutical company.  - The all-cash transaction consists of an upfront payment of $250M and up to an additional $752.5M in potential milestone payments.   - The acquisition marks Lantheus' fifth deal since January 2024 and solidifies its position as a fully integrated
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Global AI Medical Imaging Market to Reach $4.5B by 2029

by Fred Pennic 01/28/2025 Leave a Comment

Global AI Medical Imaging Market to Reach $4.5B by 2029

What You Should Know:  - The global AI medical imaging market is experiencing a period of rapid expansion, fueled by technological advancements, increasing government initiatives, and a growing demand for more efficient and accurate diagnostic solutions, according to a new report by MarketsandMarkets. - Valued at US$1.29B in 2023, the market is projected to reach an impressive US$4.54B by 2029, growing at a robust compound annual growth rate (CAGR) of 22.4%. Driving Forces Behind AI
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Aligned Marketplace Secures $3M for Advanced Primary Care

by Fred Pennic 01/27/2025 Leave a Comment

Aligned Marketplace Secures $3 Million to Fuel Growth and Expand Access to Advanced Primary Care

What You Should Know:  - Aligned Marketplace, a leading platform connecting self-insured employers with advanced primary care (APC) providers secures $3M in seed funding led by existing investors A* and Maverick Ventures.  - The funding will fuel the company's continued growth and expansion as it addresses the rising demand for affordable, high-quality primary care solutions. - This announcement follows a successful year for Aligned Marketplace, which included an initial $8M
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Mount Sinai Performs NYC’s First Enlarged Prostate Procedure with HYDROS™ Robotic System

by Fred Pennic 01/27/2025 Leave a Comment

What You Should Know:  - The Mount Sinai Hospital has achieved a significant milestone in men's health by performing New York City's first procedures using the HYDROS™ Robotic System.  - The technology offers a minimally invasive treatment option for benign prostatic hyperplasia (BPH), commonly known as an enlarged prostate. Impact of BPH BPH is a prevalent condition affecting millions of men, particularly those over 60. While non-cancerous, BPH can significantly impact
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Healthcare Cybersecurity: 183 Million Patient Records Exposed in 2024

by Fred Pennic 01/24/2025 Leave a Comment

Healthcare Cybersecurity: 183 Million Patient Records Exposed in 2024

What You Should Know:  - Fortified Health Security, a managed security services provider (MSSP) specializing in healthcare cybersecurity released its 2025 Horizon Report.  - The semiannual publication provides valuable insights into the latest cybersecurity trends, threats, and solutions for healthcare organizations. 2025 Horizon Report Background The 2025 Horizon Report, a free resource for healthcare professionals since 2017, analyzes data from the Office for Civil Rights
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KLAS Names Top EHR Implementation Partners for Providers

by Fred Pennic 01/24/2025 Leave a Comment

KLAS Names Top EHR Implementation Partners for Providers

What You Should Know:  - KLAS, a healthcare IT research firm, recently published its "EHR Implementations 2025" report, based on interviews with 88 respondents from 74 unique organizations. The report identifies several services firms that are driving successful EHR implementations for their clients. - Implementing a new electronic health record (EHR) system is a complex and high-stakes undertaking for any healthcare organization. With the potential for significant disruption and
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Neko Health Raises $260M to Expand AI-Powered Body Scans for Preventative Health

by Fred Pennic 01/23/2025 Leave a Comment

Neko Health Raises $260M to Expand AI-Powered Body Scans for Preventative Health

What You Should Know:  - Neko Health, a pioneering preventative healthcare technology company co-founded by Hjalmar Nilsonne and Daniel Ek (founder of Spotify) raises $260M in a Series B funding round by Lightspeed Venture Partners, with participation from General Catalyst, O.G. Venture Partners, Rosello, Lakestar, and Atomico. This latest funding brings Neko Health's total raised to over $325M.   - The company's AI-powered body scan is transforming how people understand and
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Experity Appoints Dr. Andrea Giamalva as Chief Medical Officer

by Healthcare Executive Hires 01/23/2025 Leave a Comment

Experity Appoints Dr. Andrea Giamalva as Chief Medical Officer

What You Should Know:  - Experity, the national leader in on-demand healthcare solutions, today announced the appointment of Dr. Andrea Giamalva as Chief Medical Officer.  - Dr. Giamalva brings over 14 years of experience in family medicine and a demonstrated commitment to patient-centered care to her new role at Experity. Dr. Giamalva Bio/Background A graduate of the University of Illinois at Chicago College of Medicine, Dr. Giamalva joins Experity from UW Health, where
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ATOMIC-Meso Trial: A New Take Against Pleural Mesothelioma

by Jonathan Sharp CFO at Environmental Litigation Group P C 01/23/2025 Leave a Comment

ATOMIC-Meso Trial: A New Take Against Pleural Mesothelioma

Pleural mesothelioma is a type of an aggressive cancer that develops in the tissue that surrounds the lung cavity. It is known to be primarily caused by asbestos exposure. Asbestos was largely used as a material in products revolving construction, automobile, and insulation. It is apparently still used in the said products today in buildings and houses in the U.S. The clear disparity between its latency period, which generally takes decades, compared to its fatal ramifications and little chance
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Healthcare Under Attack: Ransomware Groups Increasingly Target Hospitals and Clinics

by Fred Pennic 01/22/2025 Leave a Comment

Ransomware Groups Are Increasingly Target Hospitals and Clinics, Report Reveals

What You Should Know:  - Black Kite, a provider of third-party cyber risk intelligence, has released new data revealing a disturbing trend: ransomware groups are disproportionately targeting healthcare organizations.  - The research, conducted by the Black Kite Research Intelligence Team (BRITE), identifies specific ransomware groups and their preferred targets within the healthcare sector, highlighting the urgent need for enhanced cybersecurity measures. Top Ransomware Groups
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