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Fred Pennic, Editor-in Chief | HIT Consultant

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

Transcarent Names Optum Veteran Mike Morgan as Chief Commercial Officer

by Healthcare Executive Hires 08/06/2026 Leave a Comment

Transcarent hires healthcare commercial veteran Mike Morgan as Chief Commercial Officer to scale its agentic AI-powered WayFinding platform.

What You Should Know Agentic AI-powered health and care platform Transcarent has appointed Mike Morgan as its new Chief Commercial Officer (CCO).Reporting directly to CEO Glen Tullman, Morgan will lead the commercial organization, managing sales, strategic partnerships, and go-to-market strategies for Transcarent’s WayFinding® platform.Morgan brings over 20 years of commercial leadership experience, having previously served as SVP of Sales at Sunny Benefits and leading Patient Access &
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URAC Awards First Health Care Artificial Intelligence Accreditations to Guidehealth, RediMinds, and SandsRx

by Fred Pennic 08/05/2026 Leave a Comment

URAC Awards First Health Care Artificial Intelligence Accreditations to Guidehealth, RediMinds, and SandsRx

What You Should Know Independent accreditor URAC announced that Guidehealth, RediMinds, and SandsRx are the first three organizations nationwide to earn its Health Care Artificial Intelligence Accreditation.Launched in 2025, URAC’s AI accreditation framework evaluates organizations across the entire technology lifecycle, focusing on governance, risk management, transparency, and ongoing operational oversight.The inaugural cohort spans diverse health care vectors: SandsRx (specialty pharmacy
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Hinge Health to Acquire Cylinder Health for $105M to Launch Integrated GI Care Program

by Fred Pennic 08/05/2026 Leave a Comment

Hinge Health to Acquire Cylinder Health for $105M to Launch Integrated GI Care Program

What You Should Know Digital health provider Hinge Health, Inc. announced a definitive agreement to acquire virtual-first digestive care company Cylinder Health, Inc. for $105M in cash.The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions.Cylinder Health brings an established commercial footprint covering nearly 100 enterprise clients across two million lives, partnerships with two of the three largest PBMs, and commercial relationships
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Wellinks Raises $10M to Scale Predictive Cardiopulmonary Remote Patient Monitoring

by Fred Pennic 08/05/2026 Leave a Comment

Wellinks Raises $10M to Scale Predictive Cardiopulmonary RPM

What You Should Know New Haven-based cardiopulmonary digital health provider Wellinks closed a $10M first tranche of its Series B funding round.The financing was led by strategic partner UMass Memorial Health alongside participation from existing inside investors.Wellinks' FDA-cleared Spire Remote Patient Monitoring (RPM) System and proprietary Health Tags deliver passive, continuous physiological tracking to predict clinical deterioration up to one week before symptom onset.Clinical evidence
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Beyond Real-World Trial Iteration: QuantHealth Secures $45M for AI Clinical Simulation

by Fred Pennic 08/04/2026 Leave a Comment

Beyond Real-World Trial Iteration: QuantHealth Secures $45M for AI Clinical Simulation

What You Should Know Tel Aviv-based AI clinical simulation platform QuantHealth closed a $45 million Series B financing round led by Qumra Capital.The round saw participation from major strategic and venture investors, including Sanofi Ventures, Pitango HealthTech, Bertelsmann Healthcare Investments (BHI), Artofin, GC Ventures, NewHealth, Shoni Top, and Esplanade Ventures.Proceeds will advance next-generation AI models, deepen scientific validation, expand therapeutic coverage beyond 40
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Amae Health Collaborates with Google Health Enterprise to Drive Precision Psychiatry

by Fred Pennic 08/04/2026 Leave a Comment

Amae Health Collaborates with Google Health Enterprise to Drive Precision Psychiatry

What You Should Know Amae Health announced a strategic collaboration with Google Health Enterprise to integrate continuous, wearable-derived behavioral metrics into its precision psychiatry model.The collaboration feeds wearable data from Google Health apps and Fitbit devices directly into Amae's multidisciplinary care team workflows to track physiological and behavioral markers.Measured parameters include heart rate variability (HRV), sleep architectures, physical activity, and daily routine
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H1 and Novo Nordisk Partner to Advance AI-Driven Clinical Development

by Fred Pennic 08/04/2026 Leave a Comment

H1 and Novo Nordisk Partner to Advance AI-Driven Clinical Development

What You Should Know Healthcare data and AI platform H1 announced a strategic partnership with global pharmaceutical leader Novo Nordisk to modernize clinical trial development.Under the agreement, H1 will acquire rights to further advance StudyHub, Novo Nordisk's proprietary digital and AI-enabled platform for clinical trial execution.The collaboration combines H1's global Doctor Graph and AI-ready datasets with Novo Nordisk’s clinical trial operations to optimize protocol design, site
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Inocras Closes $31M for Whole-Genome Bioinformatics Platform

by Fred Pennic 08/03/2026 Leave a Comment

Inocras Closes $31M for Whole-Genome Bioinformatics Platform

What You Should Know San Diego-based bioinformatics company Inocras Inc. closed an oversubscribed $31M Series B-3 financing round, bringing its total capital raised to approximately $100M.The funding round was supported by strategic investors NDS Corporation and Aimed Bio Inc., alongside new investors IMM Investment, Korea Investment & Securities, LoftyRock Investment, DT& Investment, Woori Investment & Securities, and Shinhan Securities.Proceeds will fund the U.S. expansion of
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CHG Healthcare 2026 APP Workforce Report: 92% of Leaders Rate APPs as Essential Strategy

by Fred Pennic 08/03/2026 Leave a Comment

CHG Healthcare 2026 APP Workforce Report: 92% of Leaders Rate APPs as Essential Strategy

What You Should Know According to a new report from CHG Healthcare, advanced practice providers (APPs)—including NPs, PAs, and CRNAs—have shifted from temporary coverage to foundational infrastructure, with 92% of surveyed healthcare facility leaders rating APPs as "very" or "extremely" important to workforce strategy.The report, Advanced Practice Provider Workforce Trends Report, reveals that nearly all healthcare facilities (97%) plan to maintain or increase APP utilization in 2026,
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Beyond Annual Physicals: Function Secures $450M Growth Financing from General Catalyst

by Fred Pennic 08/03/2026 Leave a Comment

Beyond Annual Physicals: Function Secures $450M Growth Financing from General Catalyst

What You Should Know Consumer health platform Function Health secured $450M in non-dilutive growth financing from General Catalyst’s Customer Value Fund (CVF).The mega-round comes just eight months after Function’s $298M Series B, accelerating its goal of scaling direct-to-consumer lab testing, full-body imaging, and personalized AI analytics.The injection follows two major Q2 expansion acquisitions: Getlabs (a nationwide mobile blood draw network) and SuppCo (a dietary supplement tracking
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