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Fred Pennic, Editor-in Chief | HIT Consultant

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

Ferrum Health Secures $16M for Vendor-Neutral AI Platform

by Fred Pennic 09/20/2024 Leave a Comment

Ferrum Health Secures $16M for Vendor-Neutral AI Platform

What You Should Know:  - Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M. - This Series A funding will fuel Ferrum Health's expansion and
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97% of Patients Are Confident AI Will Elevate Patient Care, Report Reveals

by Fred Pennic 09/20/2024 Leave a Comment

97% of Patients Are Confident AI Will Elevate Patient Care, Report Reveals

What You Should Know:  - A new study by Upvio, a leading digital care platform, titled "State of AI and Technology Adoption in Healthcare," provides critical insights into the transformative role of technology in the healthcare industry.  - The comprehensive report, based on a survey of over 1,400 patients and healthcare professionals, underscores the widespread adoption of telehealth and the growing acceptance of AI-powered tools. Key Findings Upvio's research is designed
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Kyruus Health Launches AI-Powered Search and Provider Data Solutions

by Fred Pennic 09/20/2024 Leave a Comment

Kyruus Health Launches AI-Powered Search and Provider Data Solutions

What You Should Know:  - Kyruus Health, the industry leader in care access platforms, today unveiled two new products designed specifically for health plans: Guide, a conversational AI search experience, and Provider Data Solutions, a provider data management and attestation solution.  - Together, these innovations will enable health plans to leverage their provider data more effectively, improve member experiences, and connect members to the most appropriate
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Family Heart Foundation Launches AI Model for Early Cardiovascular Disease Detection

by Fred Pennic 09/20/2024 Leave a Comment

Family Heart Foundation Launches AI Model for Early Cardiovascular Disease Detection

What You Should Know:  - The Family Heart Foundation, a leader in cardiovascular research and advocacy, has unveiled an "FIND Lp(a)" a machine learning model to combat premature heart disease and stroke. The first-of-its-kind offering is set to be implemented across major U.S. healthcare systems.  - The program leverages AI to identify individuals with elevated Lp(a), an inherited condition that significantly increases cardiovascular disease risk. Addressing a Hidden Risk
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Labcorp Joins CommonWell Health Alliance to Advance Nationwide Health Data Exchange

by Fred Pennic 09/19/2024 Leave a Comment

Ascension Selects Labcorp to Manage Labs Across 10 States

What You Should Know:  - CommonWell Health Alliance, a prominent force in healthcare interoperability, is proud to announce Labcorp, a global leader in laboratory services, as its newest member.  -  By fostering collaboration and enabling the seamless exchange of clinical laboratory data, this partnership empowers healthcare providers to deliver more coordinated and efficient care, ultimately leading to improved patient outcomes. Labcorp's Commitment to
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Suki’s AI Assistant Expands to Over a Dozen Health Systems on MEDITECH Expanse

by Fred Pennic 09/19/2024 Leave a Comment

Suki’s AI Assistant Deploys at More than 12 New Health Systems Leveraging MEDITECH Integration

What You Should Know:  - Suki, a frontrunner in artificial intelligence (AI) technology for healthcare announced the deployment of its voice AI assistant in more than a dozen health systems utilizing MEDITECH Expanse, including St. Mary's Healthcare and Decatur County Memorial Hospital.  - Suki's expansion into more than a dozen health systems on MEDITECH Expanse demonstrates the increasing adoption of AI technology in healthcare.  Seamless Integration with MEDITECH
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Aeroflow Health Launches Venture Capital Arm, Aeroflow Ventures, with Initial Investment in Canopie

by Fred Pennic 09/19/2024 Leave a Comment

Aeroflow Health Launches Venture Capital Arm, Aeroflow Ventures, with Initial Investment in Canopie

What You Should Know:  - Aeroflow Health, a company levearging healthcare technology to support the delivery of medical products and services announced the launch of its venture capital arm, Aeroflow Ventures. This new initiative aims to invest in health tech solutions that enhance access to care and elevate the quality of life for patients. - The establishment of Aeroflow Ventures is the latest chapter in Aeroflow's inspiring growth story. What began as a small family-owned business
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Accenture Federal Services Wins $190M Contract to Support PEPFAR’s Global Fight Against AIDS

by Fred Pennic 09/19/2024 Leave a Comment

Accenture Federal Services Wins $190M Contract to Support PEPFAR's Global Fight Against AIDS

What You Should Know:  - Accenture Federal Services has been awarded a substantial $190 million contract from the U.S. Department of State.  - The company will provide critical data and systems engineering support to the President’s Emergency Plan for AIDS Relief (PEPFAR), a program widely recognized for its success in combating the global HIV/AIDS crisis. Contract Details The single award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a base performance
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CorroHealth Acquires Xtend Healthcare’s RCM Business from Navient

by Fred Pennic 09/19/2024 Leave a Comment

CorroHealth Acquires Xtend Healthcare's RCM Business from Navient

What You Should Know:  - CorroHealth, a healthcare technology and revenue cycle management (RCM) company, has successfully completed its acquisition of Xtend healthcare's RCM business from Navient.  - The acquisition significantly scales CorroHealth's existing RCM capabilities and introduces new patient engagement features. Notably, it adds multichannel patient communication functionalities, a crucial element previously missing from CorroHealth's suite of services. - As part
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Fabric Acquires TeamHealth VirtualCare, Expands Virtual Healthcare Footprint

by Fred Pennic 09/18/2024 Leave a Comment

Fabric Acquires TeamHealth VirtualCare, Expands Virtual Healthcare Footprint

What You Should Know:  - Fabric, a frontrunner in healthcare technology has acquired TeamHealth VirtualCare, a virtual care provider licensed nationwide and part of TeamHealth, a prominent physician practice group in the United States.  - The strategic move marks Fabric's fourth acquisition in 18 months, reinforcing its dedication to providing top-tier, accessible virtual healthcare services to payers, employers, and health systems. Financial details of the acquisition were not
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