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Fred Pennic, Editor-in Chief | HIT Consultant

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

CipherHealth Secures Investment from Atalaya Capital Management

by Fred Pennic 06/26/2024 Leave a Comment

CipherHealth Receives Strategic Growth Investment from JMI Equity

What You Should Know:  - CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts. - CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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Clinical Trial Diversity: Pharma Takes Action to Address Disparities

by Fred Pennic 06/26/2024 Leave a Comment

Clinical Trial Diversity: Pharma Takes Action to Address Disparities

What You Should Know:  - Trinity Life Sciences, a leader in global life sciences commercialization solutions, has released a new white paper titled "Diversity in Clinical Trials: Life Sciences Initiatives and Challenges in Light of the FDA's Latest Guidance."  - The paper sheds light on the critical issue of racial and ethnic diversity in clinical trials, exploring current industry initiatives, their effectiveness, and the future landscape shaped by the FDA's evolving
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eVisit Acquires UPMC’s Inpatient Teleconsult Technology

by Fred Pennic 06/25/2024 Leave a Comment

eVisit Acquires UPMC's Inpatient Teleconsult Technology

What You Should Know:  - eVisit, a provider of virtual care solutions for health systems, announced a significant expansion today through a three-pronged approach: acquisition of UPMC's inpatient teleconsult technology, strategic investments from UPMC Enterprises and MedStar Health, and the addition of key figures to its Clinical Advisory Board. - The strategic expansion solidifies eVisit's leadership in the telehealth landscape, empowering healthcare systems to deliver exceptional
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FDA Clears AliveCor’s Heart Attack-Detecting AI Kardia 12L ECG System

by Fred Pennic 06/25/2024 Leave a Comment

AliveCor is pleased to share the dual FDA clearance and launch of the world’s first AI technology to detect 35 cardiac conditions (including heart attacks and afib) using a reduced leadset, KAI 12L, and the first AI-powered, pocket-sized 12-lead ECG System with a unique single-cable design, Kardia 12L.

What You Should Know:  - AliveCor, a leader in AI-powered cardiology, has received FDA clearance and launched a groundbreaking innovation – the Kardia™ 12L ECG System with KAI™ 12L AI technology.  - AliveCor's Kardia 12L ECG System signifies a major advancement in cardiac diagnostics. By combining cutting-edge AI technology with a portable and user-friendly design, the system empowers healthcare professionals to deliver faster, more accurate, and more accessible cardiac
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

by Fred Pennic 06/25/2024 Leave a Comment

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

What You Should Know:  - Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.  - With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City.  This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

by Fred Pennic 06/25/2024 Leave a Comment

Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

What You Should Know:  - Merck Global Health Innovation Fund (MGHIF), a leader in healthcare impact investing, announced a strategic investment in Qure.ai, a prominent developer of artificial intelligence (AI) solutions for medical imaging.  - The strategic investment fuels Qure.ai's Series D funding round and propels their mission of expanding access to AI-powered imaging technology globally. Expanding Reach and Capabilities The funding will be directed towards two key
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Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

by Fred Pennic 06/25/2024 Leave a Comment

Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

What You Should Know:  - Proscia, a leader in artificial intelligence (AI)-powered pathology solutions, and Nucleai, a leading spatial AI biomarker company, announced a strategic partnership today. This collaboration aims to revolutionize precision medicine by integrating Nucleai's advanced biomarker technology with Proscia's Concentriq® software platform. - By harnessing the power of AI and digital pathology, this partnership offers the potential to fundamentally improve the
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Children’s National Hospital Expands Use of Laudio Platform to Empower Nurse Educators and Combat Burnout

by Fred Pennic 06/25/2024 Leave a Comment

Children’s National Hospital Expands Partnership with Laudio

What You Should Know:  - Laudio, a leader in frontline leader solutions for healthcare systems, announced today the expansion of its partnership with Children's National Hospital, the premier pediatric health system in the Washington, D.C. area.  - The expansion brings nurse educators onto the Laudio platform, building upon the successful implementation with nurse managers in 2021. Streamlining Workflows and Boosting Engagement The Laudio platform offers a comprehensive
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Black and Hispanic Patients Face Higher Liver Cancer ED Visits, Study Finds

by Fred Pennic 06/25/2024 Leave a Comment

Black and Hispanic Patients Face Higher Liver Cancer ED Visits

What You Should Know:  - A new study by Inovalon, a leader in healthcare data analytics, sheds light on racial and socioeconomic disparities in emergency department (ED) visits for patients with hepatocellular carcinoma (HCC), the most common type of liver cancer.  - The study, conducted in collaboration with Genentech, a member of the Roche Group, and Thomas Jefferson University Hospital, highlights the significant impact of social determinants of health (SDOH) on access to
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HHS Finalizes Rules to Penalize Healthcare Providers Engaging in Information Blocking

by Fred Pennic 06/24/2024 Leave a Comment

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) announced a new final rule today aimed at preventing information blocking in healthcare.  - The final rule establishes disincentives for healthcare providers who engage in practices that interfere with a patient's access to their electronic health information (EHI). What is Information Blocking? Information blocking occurs when a healthcare provider knowingly and unreasonably interferes with the
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