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Fred Pennic, Editor-in Chief | HIT Consultant

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

AvaSure, Oracle, NVIDIA Partner to Create AI-Powered Virtual Concierge for Hospitals

by Fred Pennic 09/11/2024 Leave a Comment

AvaSure, Oracle, NVIDIA Partner to Create AI-Powered Virtual Concierge for Hospitals

What You Should Know:  - AvaSure, a leader in acute virtual care solutions, has announced a strategic partnership with Oracle Cloud Infrastructure (OCI) to develop a groundbreaking virtual concierge solution powered by NVIDIA AI technology.  -  The innovative solution aims to transform the hospital experience by providing seamless, AI-driven support for clinicians, patients, and families. AI-Powered Virtual Concierge Healthcare organizations are facing increasing
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Pieces Technologies Raises $25M to Expand GenAI Clinical Solutions

by Fred Pennic 09/11/2024 Leave a Comment

Pieces Technologies Raises $25M to Expand GenAI Clinical Solutions

What You Should Know:  - Pieces Technologies, a provider of clinical generative AI solutions that supports inpatient care teams secures $25M in growth financing.  - The funding round was supported by significant participation from Children's Health, Concord Health Partners, OSF HealthCare, and Rittenhouse Ventures.  Revolutionizing Clinical Workflows Pieces optimizes clinical workflows by automating the creation of clinical documentation, including summaries, progress
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Gilead Sciences and Genesis Therapeutics Partner on AI-Driven Drug Discovery

by Fred Pennic 09/11/2024 Leave a Comment

Gilead Sciences and Genesis Therapeutics Partner on AI-Driven Drug Discovery

What You Should Know:  - Gilead Sciences, a global biopharmaceutical company, and Genesis Therapeutics, an AI-focused biotechnology firm, have announced a strategic collaboration to discover and develop innovative small molecule therapies.  - The startegic partnership leverages Genesis' cutting-edge AI platform, GEMS, to accelerate drug discovery and development. A Powerful Collaboration Genesis Therapeutics' GEMS platform utilizes advanced AI techniques to generate and
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CPT 2025 Code Set Released, Featuring AI Integration, Digital Medicine

by Fred Pennic 09/11/2024 Leave a Comment

CPT 2025 Code Set Released, Featuring AI Integration, Digital Medicine

What You Should Know:  - The American Medical Association (AMA) has released the CPT® 2025 code set, a comprehensive update that reflects the latest advancements in medical procedures and services.  - This year's release features 420 total changes, including 270 new codes, 112 deletions, and 38 revisions. Key Updates in CPT 2025 CPT codes are essential for data sharing, billing, and reimbursement in the healthcare industry. The CPT 2025 code set was developed through a
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AI Shows Promise in Early Lung Cancer Detection via Chest X-rays

by Fred Pennic 09/11/2024 Leave a Comment

AI Shows Promise in Early Lung Cancer Detection via Chest X-rays

What You Should Know:  - A new study presented at the International Association for the Study of Lung Cancer (IASLC) 2024 World Conference on Lung Cancer offers exciting possibilities for early lung cancer detection.  - Researchers at Phrapokklao Hospital's Cancer Centre of Excellence in Bangkok, Thailand, used an AI-powered chest X-ray interpretation tool (qXR from Qure.ai) and found promising initial results.   Early Detection is Key Lung cancer has one of the
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Mercy Terminates Contracts with Anthem Blue Cross Blue Shield

by Fred Pennic 09/10/2024 Leave a Comment

Mercy Terminates of Contracts with Anthem Blue Cross Blue Shield

What You Should Know:  - Mercy, a healthcare provider in Missouri, has announced its plans to terminate contracts with Anthem Blue Cross Blue Shield in the state.  - This decision comes after months of negotiations, during which Mercy sought to address concerns about rising costs and administrative burdens imposed by Anthem. A Growing Disparity Mercy has experienced a significant disparity between the rising costs it faces and the profits generated by managed care companies
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Apple Launches AirPods Pro 2: All-in-One Hearing Health Experience

by Fred Pennic 09/09/2024 Leave a Comment

Apple Launches AirPods Pro 2: All-in-One Hearing Health Experience

What You Should Know:  - Apple has introduced a groundbreaking new feature for AirPods Pro 2: the world's first end-to-end hearing health experience.  - The innovative solution combines a scientifically validated Hearing Test with a clinical-grade Hearing Aid capability, providing users with a comprehensive tool for managing their hearing health. Addressing the Hearing Loss Epidemic Approximately 1.5 billion people worldwide are living with hearing loss, according to the
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Panalgo Partners with COTA to Enhance AI & RWD-Enabled Cancer Care

by Fred Pennic 09/09/2024 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know:  - Panalgo, a provider of healthcare data analytics solutions, has announced a partnership with COTA, an organization focused on providing real-world data (RWD) for cancer care.  - The strategic collaboration will enable COTA to make its high-quality hematologic oncology data available through Panalgo's Instant Health Data Analytics (IHD) platform. Leveraging COTA's Real-World Data COTA's RWD is derived from electronic health records (EHRs) and offers
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Highmark Covers AppliedVR’s RelieVRx for Chronic Back Pain

by Fred Pennic 09/09/2024 Leave a Comment

Highmark Covers AppliedVR's RelieVRx for Chronic Back Pain

What You Should Know:  - Highmark, a commercial health insurance plan, has announced coverage for RelieVRx, a virtual reality-based therapy for chronic low back pain.  - This landmark decision makes RelieVRx accessible to over four million Highmark members. A Breakthrough Treatment for Chronic Back Pain RelieVRx is a fully immersive VR experience designed to empower individuals with skills for managing chronic low back pain (CLBP). Clinically proven to reduce pain intensity
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Fimlab to Deploy Proscia’s AI-Enabled Digital Pathology Platform

by Fred Pennic 09/09/2024 Leave a Comment

Fimlab Partners with Proscia to Advance AI-Enabled Digital Pathology

What You Should Know:  - Fimlab Laboratories, a provider of laboratory services, research, and training, has announced a partnership with Proscia, a global leader in AI-enabled pathology solutions.  - This collaboration will leverage Proscia's software platform to enhance Fimlab's digital pathology capabilities and drive more precise results. The Benefits of Digital Pathology Digital pathology is transforming the way pathologists analyze tissue samples. By transitioning to
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