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Health IT | News, Analysis, Insights - HIT Consultant

Procode AI Exits Stealth With $4M and Acquires RCM Leader The Auctus Group

by Fred Pennic 03/02/2026 Leave a Comment

What You Should Know The Launch: Procode Inc., an AI-powered revenue cycle management (RCM) company for private practice surgeons, has officially emerged from stealth with $4M in funding.The Acquisition: In a bold go-to-market move, the startup has already acquired The Auctus Group, the leading U.S. medical biller for plastic surgeons and a top-three biller in dermatology. The Auctus Group currently serves more than 300 providers.The Backers: The $4M investment was led by Story Ventures, with
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Edge Research Reveals 76% of Healthcare Leaders Are Overwhelmed by Administrative Work

by Jasmine Pennic 03/02/2026 Leave a Comment

Edge Research Reveals 76% of Healthcare Leaders Are Overwhelmed by Administrative Work

What You Should Know The Finding: New research from workforce platform Edge reveals that 76.4% of healthcare leaders are overwhelmed by administrative workloads. This "silent bottleneck" is creating daily backlogs for over half of organizations surveyed.The Strain: The crisis is concentrated in mission-critical areas: compliance (47%), billing (45%), and scheduling (43%). When these functions stall, clinicians are pulled away from patient care to handle paperwork, accelerating burnout.The
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KLAS Digital Pathology 2026 Report: Top IMS, Scanner, and AI Vendors Evaluated

by Fred Pennic 02/27/2026 Leave a Comment

KLAS Digital Pathology 2026 Report: Top IMS, Scanner, and AI Vendors Evaluated

What You Should Know The Adoption Curve: KLAS Digital Pathology 2026 Report reveals the US digital pathology market is rapidly growing due to recent FDA clearances and progress toward specific reimbursement. However, adoption remains in the early stages, with fewer than 15% of US healthcare organizations having selected a digital pathology vendor.The IMS Leaders: When it comes to Image Management Systems (IMS), pathology-specific vendors like Proscia, PathAI, and LUMEA are currently
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How FedRAMP-Aligned PaaS Environments Lower the Barrier to Entry for Federal Health IT

by Antonio Segovia, Chief Information Officer at DSS, Inc. 02/27/2026 Leave a Comment

How FedRAMP-Aligned PaaS Environments Lower the Barrier to Entry for Federal Health IT

For commercial health tech companies, breaking into the public sector healthcare market has long been a complex and often expensive process. Strict security, compliance, and interoperability requirements have created high barriers to entry.  However, a new opportunity is emerging where secure, compliant platform-as-a-service (PaaS) environments are making it easier for a broader range of health tech innovators to deploy solutions in federal health care settings. These FedRAMP-aligned
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FDB Vela Integrates With Photon Health Digital Prescription Marketplace

by Jasmine Pennic 02/27/2026 Leave a Comment

FDB Vela Integrates With Photon Health Digital Prescription Marketplace

What You Should Know The Partnership: First Databank (FDB) is connecting its cloud-native ePrescribing network, FDB Vela, with Photon Health's digital prescription marketplace.The Tech Infrastructure: FDB Vela provides a HITRUST-certified, cloud-based architecture built for 24/7 availability and full redundancy. This is specifically designed to mitigate single points of failure and safeguard prescription transmissions during network interruptions.The Patient Experience: Photon acts as a
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Honest Health Raises $140M to Scale Value-Based Care Enablement

by Fred Pennic 02/26/2026 Leave a Comment

Honest Health

What You Should Know The Funding: Honest Health raises $140M led by NewSpring Healthcare, with participation from K2 HealthVentures, Rubicon Founders, Oak HC/FT, and others.The Mission: The company provides the technology-enabled care coordination, data analytics, and operational infrastructure required for legacy health systems and providers to succeed in value-based care (VBC) and shared-risk payment models.The Pedigree: Honest Health boasts heavy-hitting leadership. CEO Dr. Rob Bessler
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GE HealthCare and UCSF Health Announce 10-Year Care Alliance for Advanced Imaging

by Fred Pennic 02/26/2026 Leave a Comment

GE HealthCare and UCSF Health Announce 10-Year Care Alliance for Advanced Imaging

What You Should Know:  The Deal: GE HealthCare and UCSF Health have signed a 10-year "Care Alliance." This co-developed enterprise program integrates advanced imaging technology across the California health system's multiple clinical settings.The Infrastructure: The alliance arrives at a pivotal moment, as UCSF Health is simultaneously building two "hospitals of the future"—an adult care facility at Parnassus Heights and a pediatric facility at UCSF Benioff Children’s Hospital
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Eko Health Deploys SENSORA AI Cardiac Detection Platform at Wayne General Hospital

by Fred Pennic 02/26/2026 Leave a Comment

Eko Health Deploys SENSORA AI Cardiac Detection Platform at Wayne General Hospital

What You Should Know: The Deployment: Eko Health has partnered with Wayne General Hospital in Mississippi to deploy SENSORA, an AI-assisted cardiac detection platform, across emergency and primary care departments.The Technology: The system uses a digital stethoscope paired with FDA-cleared AI algorithms to analyze heart sounds in under one minute, instantly flagging potential structural heart disease, low ejection fraction, and atrial fibrillation (AFib).The Rural Health Crisis: Rural
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Third Way Health Secures $15M for AI-Enabled Operations

by Fred Pennic 02/26/2026 Leave a Comment

Third Way Health Secures $15M Series A from Health Velocity Capital for AI-Enabled Operations

What You Should Know The Funding: Third Way Health has raised an oversubscribed $15M Series A led by Health Velocity Capital (bringing total funding to $22.5M). This follows strategic 2025 investments from Astrana Health and MedPOINT Management.The Model: The company tackles healthcare's administrative crisis not just with software, but with an AI-enabled services model. They provide a hybrid front-office solution—combining AI automation with dedicated human teams—to handle scheduling, prior
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ARC Launches SmartER Ambient AI Platform at Sheba Medical Center Emergency Department

by Fred Pennic 02/26/2026 Leave a Comment

ARC Launches SmartER Ambient AI Platform at Sheba Medical Center Emergency Department

What You Should Know The Launch: ARC (the innovation arm of Israel's Sheba Medical Center) has officially launched SmartER, a new ambient artificial intelligence platform deployed directly into its emergency department (ED).The Tech: Built in collaboration with the AI Center at Sheba and external partner ScribeMD, SmartER uses ambient listening to transcribe patient-physician conversations and automatically generate structured clinical summaries without manual typing.The Workflow Shift: The
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KLAS 2026 Rankings: Aledade and Guidehealth Named Top VBC Enablement Firms

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Beyond the Hype: New KLAS Data Validates the Financial and Clinical ROI of Ambient AI

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