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Fred Pennic, Editor-in Chief | HIT Consultant

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

CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

by Fred Pennic 10/29/2024 Leave a Comment

CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

What You Should Know:  - CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.  - Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline. MedaCareLLM: The AI That Prompts You Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

by Fred Pennic 10/29/2024 Leave a Comment

Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

What You Should Know:  - Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.  - The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans. Combining Cutting-Edge Technologies Nortis's Kidney-on-Chip models have been
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PocketHealth Appoints Dr. Ram Chadalavada as Chief Medical Officer

by Executive Hires 10/29/2024 Leave a Comment

PocketHealth Appoints Dr. Ram Chadalavada as Chief Medical Officer

What You Should Know:  - PocketHealth, a provider of connected care solutions, has announced the appointment of Dr. Seetharam (Ram) Chadalavada as its new Chief Medical Officer.  - As Chief Medical Officer, Dr. Chadalavada will play a vital role in integrating clinical insights into PocketHealth's product roadmap to ensure the development of impactful solutions. Dr. Chadalavada's Expertise in Radiology and Informatics Dr. Chadalavada brings over 20 years of experience in
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SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

by Fred Pennic 10/28/2024 Leave a Comment

SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

What You Should Know:  - SmarterDx, a provider of clinical AI for revenue integrity, has announced the launch of SmarterDenials, an innovative AI-driven solution designed to help hospitals fight unjust claim denials.  - With denials on the rise, causing operational disruptions and revenue loss for healthcare providers, SmarterDenials empowers hospitals to generate stronger clinical appeal letters and secure faster and more accurate reimbursements. Addressing the Growing
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Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

by Fred Pennic 10/28/2024 Leave a Comment

Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

What You Should Know:  - Grin, a virtual care platform for oral health, has secured a significant investment from CareQuest Innovation Partners. This funding will accelerate Grin's mission to improve access to dental care, particularly for underserved communities, and further develop its innovative teledentistry solutions. - CareQuest Innovation Partners is dedicated to supporting and scaling transformative solutions to improve oral health. This investment in Grin reinforces their
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AMA Approves CPT Code for Cleerly’s AI-Powered Solution

by Fred Pennic 10/28/2024 Leave a Comment

AMA Approves CPT Code for Cleerly's AI-Powered Solution

What You Should Know:  - Cleerly, a pioneer in advanced cardiovascular imaging, is celebrating a significant victory in the adoption of artificial intelligence (AI) in healthcare. The American Medical Association (AMA) has officially approved a Category I CPT code for Cleerly's AI-QCT advanced plaque analysis.  - The decision, effective January 1, 2026, marks a major step forward in recognizing and reimbursing AI-driven technologies that improve patient outcomes in cardiovascular
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Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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WellSky Acquires Bonafide to Enhance DME/HME Solutions

by Fred Pennic 10/25/2024 Leave a Comment

WellSky Acquires Bonafide to Enhance DME/HME Solutions

What You Should Know:  - WellSky, a provider of health and community care technology solutions, has acquired Bonafide, a prominent enterprise software solution for durable medical equipment (DME) and home medical equipment (HME) companies.  - By integrating Bonafide's technology and expertise, WellSky is providing DME/HME providers with the tools they need to succeed in a rapidly evolving healthcare landscape. Meeting the Demand for Patient-Centered Home Care The DME/HME
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Gradient Health Acquires DataAppraisal to Expand Medical AI

by Fred Pennic 10/25/2024 Leave a Comment

Gradient Health Acquires DataAppraisal to Expand Medical AI

What You Should Know:  - Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.  - The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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Infinitus Secures $51.5M to Advance AI-Powered Phone Automation in Healthcare

by Fred Pennic 10/25/2024 Leave a Comment

Infinitus Secures $51.5M to Advance AI-Powered Phone Automation in Healthcare

What You Should Know:  - Infinitus Systems, Inc., a pioneer in AI-powered phone automation for healthcare, has secured $51.5 million in Series C funding led by Andreessen Horowitz, with participation from Memorial Hermann Health System and existing investors Kleiner Perkins, Coatue, and GV (Google Ventures).  - The latest round brings the company's total funding to over $102M, fueling its mission to revolutionize healthcare operations and improve the patient
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