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.

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5 Best Practices to Make Healthcare Innovation Partnerships Work

5 Best Practices to Make Healthcare Innovation Partnerships Work

Healthcare innovation partnerships can make a huge difference in the way common ailments are regarded by the medical care community. By promoting efficient distribution of data and enhancing the ability to combine resources to gain a deeper perspective into these issues, such partnerships can play a major role to in furthering medical advancements. The collaboration of Merck Medical Information and Innovation M2i2 and online research community PatientsLikeMe is a case in point.
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Ralph Lauren Unveils “Polo Tech” Shirt That Tracks Health and Fitness Data

Polo Tech Shirt That Tracks Health and Fitness Data

Capitalizing off the potential profits of the growing smart apparel market, Ralph Lauren is currently testing a new nylon"Polo Tech" shirt at this year's U.S. Open tournament, Apple Insder first reports. The "Polo Tech" shirt features sensors knitted within the t-shirt's core, allowing it to track health and fitness data. The smart shirt was developed in partnership with Canadian company OMsignal, which recently launched its activity tracking shirt technology that connects to smartphones like
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Reports Finds Population Health Market Still Very Immature

Population Health Management Market Still in Its Infancy

Chilmark Research's latest report reveals the population health market is still in its infancy despite increasingly interest from healthcare organizations. As the healthcare delivery model shifts towards value based healthcare, the need for effective population health management solutions continues to grow. Despite the surge in interest from healthcare organizations, the newest report from Chilmark Research, their 2014 Analytics for Population Health Management Market Trends Report, reveals the
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DoD Now Accepting Bids for $11B EHR Modernization Project

EHR Modernization Project_IBM Partners with Epic to Bid on DoD HIM Contract

On Monday, the Department of Defense (DoD) officially issued a final solicitation of bids for a $11 billion dollar EHR modernization project. Proposals are due by October 9th. The final solicitation comes after 11 months of information requests, three major drafts for proposal, and other changes As part of the project, the DoD will replace the Armed Forces Health Longitudinal Technology Application, or AHLTA, Composite Health Care System and Various EHR components, including AHLTA-Theater.
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Apple’s iPhone 6 New Chip Will Track Health Data, Integrates with Healthkit

iPhone 6's New Chip, Phosphorus Will Track Blood Pressure, Blood Sugar And More

Apple's iPhone 6 may soon have the ability to monitor heart rate, check blood pressure, blood sugar, cholesterol and more while minimally impacting battery life thanks to a new chip. According to information obtained by Chinese repair company GeekBar, the next generation of iPhone models will also include a new coprocessor codenamed "Phosphorus." The new coprocessor will replace the M7 chip currently used in the iPhone 5S. Geekbar speculates that the new chip will process health-related data for
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KLAS: 1 Out of 4 Ambulatory EMRs Are in Danger of Being Replaced

KLAS Report Highlights Population Health Management Early Leaders

One out of four ambulatory EMRs are in danger of being replaced, according to the lastest KLAS report on ambulatory EMR perception. The report found more than 25 percent of both large and small ambulatory practices report that they are considering replacing their EMR and another 12 percent would like to replace their system but cannot do so for financial or organizational reasons. 
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Seed Accelerator Health Wildcatters Unveils Second Class of Startups

Health Wildcatters First Class Raises $5M in Funding 6 Months After Pitch Day

Health Wildcatters, the Southwest’s first healthcare seed-accelerator announced the twelve innovative companies chosen for the second class of the Dallas-based accelerator program today.  Each startup will participate in the 12 week accelerator program receiving $30k in exchange for 8% equity stake. During the program, the startups will be paired with appropriate mentors and partners to:
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Jolt Launches Wearable Sensor To Help ID Concussions in Real-Time for Kids on Kickstarter

Jolt Sensor 3

Jolt launches Kickstarter campaign for a new wearable sensor to help ID concussions in real-time for youth athletes.   It’s estimated that up to 300,000 high schoolers in the U.S. suffer sports-related concussion annually. Although helmeted sports like football and hockey receive the most attention in this space, a number of others have high rates of concussion, most notably girls soccer. Girls soccer players suffer almost 40 percent more concussions than their male counterparts and at a rate
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Advisory Board Names 2014 Revenue Cycle Solutions Awards

Advisory Board Names 2014 Revenue Cycle Solutions Awards

Four healthcare provider organizations were selected from hundreds of hospitals nationwide to receive the 2014 Revenue Cycle Solution Awards , The Advisory Board Company announced on Monday.  The Awards recognize institutions' leadership in initiatives to improve financial sustainability and achieve significant financial performance improvements.  These hospitals achieved impressive improvements, including $8.2 million in additional revenue, improved compliance, reduced bad debt, and an increase
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