About Fred Pennic

Fred Pennic is the founder of HIT Consultant. Fred has significant experience as a management consultant working with healthcare providers across the country. As a digital media strategist, Fred assists healthcare technology companies in improving the ROI of their brand visibility/awareness, content marketing strategies, and digital/social media campaigns.

Find more about me on:

Google Granted Patent for Smart Contact Lens for Diabetes

7 Google Ventures Poised to Revolutionize Healthcare

On Tuesday, the U.S. Patent & Trademark Office granted Google a patent for a smart contact lens that can monitor a wearer’s blood sugar levels. Last year, Google teamed up with European drug maker Novartis to develop a smart contact lens prototype that uses miniature sensors and a micro-thin radio antenna to track glucose levels that can then be uploaded to a mobile device and monitored by patient and physician alike. As part of the partnership, Novartis’ Alcon eyecare unit would continue to
Read More

Survey: Only 15% of Providers Use Predictive Analytics

Understanding How Big Data Flows in Healthcare

  Driven by the shift to value-based health care, advanced predictive analytics are gaining a larger footprint as providers search for analytic capabilities that will help them prevent patient illness, avoid penalties, and reduce the cost of care. This new landscape requires a different analytic approach that can identify at-risk patients before they get sick so that interventions can be applied and penalties avoided. Despite the growing need, only 15 percent of providers are
Read More

3 Reasons To Outsource Your Revenue Cycle Management

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices

The last few years have been challenging for medical groups across the country. Mounting regulatory burdens, escalating costs, and declining reimbursements have put a substantial strain on physicians and their staff. Rising administrative burdens only add to the pressure, consuming precious time that healthcare professionals would rather spend with patients. So should your practice outsource its revenue cycle management? According to new white paper from CareCloud, here are three reasons a
Read More

IBM Bets Big on Modernizing Medicine’s Specialty EMR to Advance Watson

Modernizing Medicine

Last week, IBM announced a strategic investment in specialty practice EMR provider, Modernizing Medicine to accelerate the adoption of Watson cognitive computing in healthcare. The amount from IBM was not disclosed. The Watson-powered app called schEMA is designed to help dermatologists offer optimized treatment options.  Utilizing cognitive computing and natural language processing, schEMA comprehends published healthcare information, such as peer-reviewed medical journals, to enable
Read More

Premera Blue Cross Hacker Attack Exposes 11M Customers

Premera Blue Cross security breach

Health insurer Premera Blue Cross announced on Tuesday it was the victim of a cyberattack that may have collectively exposed more than 11M patients' information including name, date of birth, phone number, social security number, and home address were taken. Premera first detected that cyberattackers had executed a sophisticated attack to gain unauthorized access to their IT systems on Jan. 29; however, after further investigation discovered the attack may have initially occurred last
Read More

Infographic: SXSW Health Tech Trends

Philips-SXSWInfog-0310-Full

Health and fitness apps, smart devices and connected products are making us more aware of our own health—and more active participants in our efforts to stay healthy. At the same time, health providers are looking to technology for smarter ways to deliver quality care, whether we are in the hospital or at home. Philips, the official health technology sponsor of SXSW Interactive 2015 sees the potential of digital health innovations and connected health solutions at every turn, from encouraging
Read More

Survey: 54% of Patients Would Switch Providers After Data Breach

7-post-breach-switch-likelihood

54 percent of patients say they would be “very” or “moderately likely” to change providers after a security data breach impacting their personal health information, according to a recent survey conducted by Software Advice. In light of recent high-profile security breaches at medical organizations such as Anthem, Software Advice surveyed patients on their fears of a breach, and explored how software solutions can minimize data security risks.  Patients Most Likely to Switch Providers if Breach
Read More

Mount Sinai Health System Launches Telehealth Pilot Projects

Mount Sinai Health System Launches Telehealth Initiatives

Using secure digital conferencing technology, patients can now manage their health, meet with physicians, and receive advice from Mount Sinai Health System experts – all without setting foot in a doctor’s office.  These initiatives are part of NYC-based Mount Sinai’s growing new telehealth offerings, which help provide comprehensive, cost-effective care through the use of technology. Telehealth Pilot Projects Among the first Telehealth pilot projects to get underway, the Primary Care Program
Read More

Independa Raises $6.1M to Expand Remote Care for Seniors

Telehealth Startup Independa Closes $5 Million Series A Funding

  Independa, a provider of community engagement and remote care technologies for seniors announced it has closed its $6.1 million in Series B funding. The remote care provider plans to utilize the capital to immediately accelerate Independa’s market expansion, while also funding new product development and advancing innovative solutions. The company recently entered the consumer market by making its Independa TV available to anyone who is struggling to provide remote care for
Read More

Cleveland Clinic Taps Theranos for Innovative Lab Testing

Cleveland_Clinic_logo

Cleveland Clinic and Theranos Inc. have formed a long-term strategic alliance designed to improve patient care through innovation utilizing Theranos’ CLIA-certified laboratory services. Under the new alliance, Cleveland Clinic’s best-in-class pathology team in the Robert J. Tomsich Pathology and Laboratory Medicine Institute will collaborate with Theranos to provide advanced clinical diagnostic services and, over time, implement Theranos’ groundbreaking, CLIA-certified laboratory services within
Read More