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Fred Pennic, Editor-in Chief | HIT Consultant

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

Parasym Launches Nuropod, a Non-Invasive Vagus Nerve Stimulation Device

by Fred Pennic 09/04/2025 Leave a Comment

Parasym Launches Nuropod, a Non-Invasive Vagus Nerve Stimulation Device

What You Should Know:  - Parasym has launched Nuropod, the first ear-based, clinically studied vagus nerve stimulation (VNS) device in the U.S. that does not require surgery.  - The wearable device is designed to reduce symptoms such as persistent fatigue, anxious states, and markers related to inflammation by activating the vagus nerve to restore the body’s "rest and digest" state. The device is backed by more than 50 completed clinical studies. A Non-Surgical Alternative
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Prominence Advisors Acquires Tegra Analytics to Unify Healthcare and Life Sciences Data

by Fred Pennic 09/04/2025 Leave a Comment

Prominence Advisors Acquires Tegra Analytics to Unify Healthcare and Life Sciences Data

What You Should Know:  - Prominence Advisors, a leader in healthcare data enablement, has announced its acquisition of Tegra Analytics, a life sciences analytics consultancy. The acquisition extends Prominence's data enablement platform into the life sciences sector, strengthening its services across providers, payers, and life sciences organizations. - The acquistion will bring together expertise from both healthcare and life sciences, along with industry-leading customer service.
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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

by Fred Pennic 09/03/2025 Leave a Comment

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

What You Should Know:  - Today, Epic announced the launch of a new form of healthcare intelligence, named Comet, developed to help clinicians, health systems, and patients make more informed decisions.  - Built on Epic Cosmos, a secure data platform, Comet is designed to predict what is likely to happen next in a patient’s journey by estimating disease risk, length of stay, and treatment outcomes. The platform has learned from more than 100 billion patient medical events to
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NewDays Secures $7M to Expand AI-Powered Cognitive Health Program to Texas

by Fred Pennic 09/03/2025 Leave a Comment

NewDays Secures $7M to Expand AI-Powered Cognitive Health Program to Texas

What You Should Know:  - NewDays, a company offering a science-backed cognitive health treatment program, has announced an oversubscribed $7M seed funding round from General Catalyst and Madrona.  - The company is also expanding its services to Texas, following a successful pilot phase in California, Washington, and Florida. The expansion aims to address the significant challenge of cognitive impairment in the U.S., where 1 in 3 people over the age of 65 have a serious cognitive
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ArcaScience Raises $7M to Advance AI-Powered Drug Benefit-Risk Evaluation

by Fred Pennic 09/03/2025 Leave a Comment

ArcaScience Raises $7M to Advance AI-Powered Drug Benefit-Risk Evaluation

What You Should Know:  - ArcaScience, a Paris, France-based AI Healthtech startup, has announced a $7M seed funding round led by The Moon Venture, with participation from Pléiade Venture, Plug&Play Ventures, Bpifrance, and AKKA Technologies. This marks the company's first institutional funding round, following a €1.3 million pre-seed raise. - The new funds will be used to expand operations in the U.S. and U.K., launch the company’s first patient-facing solution, and strategically
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WellSpan Health and General Catalyst Partner to Transform Healthcare Delivery

by Fred Pennic 09/03/2025 Leave a Comment

WellSpan Health and General Catalyst Announce Partnership to Transform Healthcare Delivery

What You Should Know:  - WellSpan Health and General Catalyst’s Health Assurance Transformation Company (HATCo) have announced an expanded collaboration.  - The new initiative builds on a strategic partnership that began in 2023, with WellSpan Health becoming the first Transformation Partner to HATCo. The two organizations will work together to modernize and transform healthcare delivery through the development of new AI technologies. Targeting Three Critical Areas of
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Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

by Fred Pennic 09/03/2025 Leave a Comment

Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

What You Should Know:  - Onvida Health and Ambience Healthcare have announced the launch of new ambient AI capabilities directly inside Epic's Hyperspace and Haiku applications.  - This enterprise-wide deployment gives Onvida clinicians seamless access to Ambience's chart summarization, ambient scribing, coding, and patient summary technology without ever leaving the Epic platform. Epic Integration Impact The Epic integration builds on a successful partnership announced in
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Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

by Fred Pennic 09/03/2025 Leave a Comment

Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

What You Should Know:  - Meroka, a company focused on restoring humanity in healthcare, has publicly launched with a $6M in seed funding round led by Better Tomorrow Ventures and Slow Ventures, with participation from 8VC and other investors.  - Meroka's unique approach combines an employee ownership model with technology that reduces the administrative burden of running a practice. The company's mission is to help independent care teams focus on what they do best: caring for
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

by Fred Pennic 09/02/2025 Leave a Comment

Evernorth Health Services Invests $3.5B in Shields Health Solutions

What You Should Know:  - Evernorth Health Services, a subsidiary of The Cigna Group, has announced a $3.5B investment in Shields Health Solutions, a specialty pharmacy management company.      - The investment coincides with Shields' establishment as a private standalone company following its acquisition by Sycamore Partners, a private equity firm. - Evernorth's investment is in the form of preferred stock and is not expected to have a material impact on The
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Predoc Raises $30M to Launch AI-Native Platform for Health Information Management

by Fred Pennic 09/02/2025 Leave a Comment

Predoc Raises $30M to Launch AI-Native Platform for Health Information Management

What You Should Know:  - Predoc, a new AI-native platform for Health Information Management secures $30M in Series A and seed funding led by Base10 Partners, with additional participation from Northzone, ENIAC Ventures, and Entrepreneurs Roundtable Accelerator (ERA). The seed funding also included angel investments from founders of notable healthcare companies like Flatiron Health and Datavant. - Founded by Nishant Hari, Dr. Kaushal Kulkarni, Dr. Priya Mehta, and Alex Daniels, Predoc
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