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Health IT | News, Analysis, Insights - HIT Consultant

Bharat Sundaram Named CEO of Hallmark

by Healthcare Executive Hires 03/17/2025 Leave a Comment

Bharat Sundaram Named CEO of Hallmark

What You Should Know:  - Hallmark, a prominent healthcare workforce management technology company, has announced  the appointment of Bharat Sundaram as its new Chief Executive Officer.   - Sundaram succeeds Bruce Cerullo, who will remain on the Board of Directors and serve as a Strategic Advisor to the company. Sundaram Bio/Background Bharat Sundaram is described as a seasoned healthcare technology executive with extensive experience gained from roles at Vizient,
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Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

by Jasmine Pennic 03/17/2025 Leave a Comment

Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

What You Should Know:  - Nimblemind.ai, an innovative AI-powered data infrastructure platform secures $2.5M in funding led by Bread & Butter Ventures, with participation from prominent investors including Great Oaks Venture Capital, SpringTime Ventures, Stone Mountain Ventures, Victorum Capital, Techstars, and strategic healthcare angel investors. - The  funding will enable Nimblemind.ai to further develop its technology and expand its reach, making healthcare data
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Walgreens PE Buyout Heavily Reliant on 83% Debt, Raising Concerns About Financial Stability

by Fred Pennic 03/14/2025 Leave a Comment

Walgreens, Pearl Health Partner to Expand Value-Based Care Delivery

What You Should Know:  - The recent acquisition of Walgreens Boots Alliance by private equity firm Sycamore Partners is drawing scrutiny due to the high level of debt financing involved and questions surrounding Sycamore's equity commitment. - According to a Securities and Exchange Commission (SEC) filing, 83.4% of the financing for the Walgreens buyout is debt, totaling $22.5B. This is more than double the average debt level (41%) used in private equity acquisitions last
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Hospitals Face Mounting Supply Chain Crisis, Survey Reveals

by Fred Pennic 03/14/2025 Leave a Comment

Hospitals Face Mounting Supply Chain Crisis, Survey Reveals

What You Should Know:  A new survey from symplr®, a provider of enterprise healthcare operations software, reveals the escalating challenges and shifting priorities facing U.S. hospitals and health systems in their supply chains. The 2025 State of Healthcare Supply Chain Survey, which polled nearly 100 healthcare supply chain leaders, highlights a landscape where disruptions have surpassed cost concerns, patient outcomes are a top priority, and a skills gap is hindering
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Executive Insights: 4 Key Takeaways from HIMSS and ViVE 2025

by Dr. Aaron Neinstein, Chief Medical Officer at Notable 03/14/2025 Leave a Comment

Executive Insights: 4 Key Takeaways from HIMSS and ViVE 2025

The health tech industry is undergoing a fundamental transformation as AI-powered automation shifts from a futuristic vision to an immediate necessity. After attending HIMSS 2025 and ViVE 2025, two of the industry’s most important gatherings, and having the opportunity to meet with dozens of friends and colleagues across the industry, I think a clear picture is emerging. Something stood out at this year’s events — I’ll call it a vibe shift. A year ago, every panel, booth conversation, and
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5 Years After The Chaos of COVID-19 Comes A New Era of AI Innovation

by Steve Miff, PhD, President & CEO of PCCI 03/14/2025 Leave a Comment

5 Years After The Chaos of COVID-19 Comes A New Era of AI Innovation

Five years ago this week, the COVID-19 pandemic threw our world into chaos. But that chaos also sparked an opportunity and a drive to accelerate innovation, through leveraging artificial intelligence with clinical knowledge in unprecedented ways. The results of these Covid-driven efforts have led to a fuller understanding of our community’s health, enabling the initiation of care further upstream and enhancing management of resources and costs in ways benefiting both patients and providers. I
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Why Data Governance Is the #1 Non-Negotiable for Healthcare AI

by Daniel Vieira Viveiros, SVP, Data and Analytics at CI&T 03/14/2025 Leave a Comment

Why Data Governance Is the #1 Non-Negotiable for Healthcare AI

Smoother clinical workflows. Powerful decision support. Faster R&D. AI holds lots of promise for healthcare orgs – and the last few years have seen a surge of investment as leaders race to train and implement new models. But healthcare AI initiatives are only as good as the data they're built on. Put differently, they rely on good data governance. Here are two of the biggest barriers to effective governance – and how healthcare orgs can overcome them to achieve their AI
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Xerox + Connecticut Children’s Introduce AI to Pediatric Healthcare

by Jasmine Pennic 03/14/2025 Leave a Comment

Xerox + Connecticut Children’s Introduce AI to Pediatric Healthcare

What You Should Know:  - Connecticut Children’s and Xerox are collaborating to reimagine pediatric healthcare through the use of artificial intelligence (AI).   - The expanded partnership will see the introduction of AI-powered solutions to streamline care delivery and improve patient outcomes. Xerox AI Improves Census Forecasting at Connecticut Children's Hospital AI is already transforming how Connecticut Children’s delivers care, from helping emergency department
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Eir Partners Invests in Porter: Expanding AI-Driven Care Coordination

by Syed Hamza Sohail 03/14/2025 Leave a Comment

Eir Partners Invests in Porter: Expanding AI-Driven Care Coordination

What You Should Know: - Eir Partners (“Eir”), a middle market private equity firm focused on healthcare technology and tech-enabled services, today announced a growth investment in Porter, the only platform dedicated to connecting plan members with the resources, services, products, and education they need to live their best lives at home. -   Porter is led by John Criswell, an experienced healthcare technology founder, who witnessed firsthand how healthcare system complexity negatively
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Reveleer Unveils Global Capability Center in India to Accelerate AI-Powered Value-Based Care Solutions

by Syed Hamza Sohail 03/14/2025 Leave a Comment

Reveleer Unveils Global Capability Center in India to Accelerate AI-Powered Value-Based Care Solutions

What You Should Know: - Reveleer, the industry’s pioneering value-based care platform, today announced the opening of a global capability center (GCC) in the IT corridor OMR in Chennai, India. This expansion marks a key milestone in the company’s ongoing efforts to scale operations and meet the growing demand for its innovative AI-powered, intelligent automation solutions.  - The expansion comes as Reveleer continues to experience significant growth. The team in India will enhance
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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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