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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Mount Sinai to Establish Precision Wellness Center to Advance Personalized Healthcare

Mount Sinai Health System Launches Telehealth Initiatives

Joshua Harris, co-Founder of Apollo Global Management, and his wife, Marjorie has made a $5 million gift to the Icahn School of Medicine at Mount Sinai to establish the Harris Center for Precision Wellness. As part of the part of the Icahn Institute for Genomics and Multiscale Biology, the new center will leverage innovative approaches to health monitoring and wellness management by integrating emerging technologies in digital health, data science, and genomics to enable people’s health to be
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Heal Nabs $5M for On-Demand Doctor House Calls

Heal Nabs $5M for On-Demand Doctor Visits

On-demand doctor house call service provider Heal has raised $5 million in seed funding led by Slow Ventures, March Capital, Pritzker Capital. The round also included numerous renowned angels, including: Dr. Paul Jacobs, Qualcomm Executive Chairman; James Lassiter, founder of Overbrook Entertainment; Stephen Rader, founder of Clarity Partners; Jamie McCourt; Lionel Richie; and Mike Wortsman, former President of Univision. The funding round brings the company’s total funding to $8.7
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Survey: Only 15% of Physicians Discuss Wearables with Patients

Wearables_A Solution Searching For Problems

Only 15 percent of physicians are discussing wearables or health apps with patients, according to responses from 415 U.S. physicians surveyed by MedPanel. Despite the low number, physicians stated 38 percent of patients not using a wearable and 42 percent of patients not using an app could benefit from doing so. These findings come from the market research firm's latest three reports: "Physician recommendations of personal health wearables and apps: a channel to drive consumer adoption" and
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Population Health: 37 Healthcare Executives Define the Term

Population-Health-Management

The term “population health” has been a buzzword in the health IT lexicon for the past few years. Driven largely by the healthcare industry’s transition from a volumes based model to value-based delivery, population health plays a key role in emphasizing the accountability of outcomes. The concept of population health was originally defined as “the health outcome of a group of individuals, including the distribution of such outcomes within the group” by David Kindig and Greg Stoddart in
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Cleveland Clinic Launches 24-Hour Telehealth Visits Via Mobile App

my-care-screen01

Cleveland Clinic is now offering 24-hour telehealth visits that allows Ohio-based patients to receive urgent care consults via smartphone, tablet or computer for just $49 dollars. The new telemedicine service called MyCareOnline is provided through Cleveland Clinic’s partnership with telehealth platform provider American Well. “It’s tremendously more convenient, because people can be seen from home or work,” said Dr. Peter Rasmussen, the medical director for distance health at Cleveland
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Doctor Evidence to Supply IBM Watson Health with Cancer Research Data

Doctor Evidence to Supply IBM Watson Health with Cancer Research Data

Clinical health research provider Doctor Evidence has announced a content partnership with IBM Watson Health to supply clinical cancer research data to Watson’s oncology solutions & developer ecosystem. As part of its new Watson Health unit, the solution has already ingested nearly 15 pages of medical content, including over 200 medical textbooks and 300 medical journals. Content Partnership Details Doctor Evidence will contribute 2 million additional data points from highly
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Global Mobile Health Market: 8 Key Trends You Should Know

Connected Health_Mobile Health

The global mobile health market was valued at $10.5 billion in 2014 and is expected to grow at a CAGR of 33.5% during 2015-2020, according to a new report by Allied Market Research. Blood pressure monitors hold the largest share in the global mHealth device market followed by blood glucose monitors and cardiac monitors. The large share of these monitors can be attributed to increased affordability of mobile compatible devices, integration of innovative technologies in monitoring devices and the
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American Well Sues Teladoc for Patent Infringement

American Well

Telehealth provider American Well has filed a lawsuit against competitor Teladoc for patent infringement for the Teladoc telehealth service offering (“the Teladoc System”). “Teladoc has infringed American Well’s intellectual property,” said Ido Schoenberg, CEO of American Well in an official statement. “While a transparent and competitive landscape is an imperative for innovation, Teladoc has unfairly disregarded American Well’s ownership rights to advance its business.  We developed and
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Medsphere Closes $7.5M Venture Loan to Expand Open EHR

Medsphere

Medsphere, a provider of affordable and interoperable EHR solutions, has closed a $7.5 million venture loan from Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies. The venture debt will  use the funds for working capital purposes to grow their customer base and expand product offerings. Unlike traditional bank lending, venture debt is defined as a form of debt financing for venture
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CMS Chief Data Officer Recieves Health Data Liberators Award

CMS Chief Data Officer Recieves Health Data Liberators Award

Niall Brennan, Chief Data Officer and the Director of the Office of Enterprise Data and Analytics at the CMS has been announced as the recipient of this year's Health Data Liberators Award for his efforts to share CMS data in innovative ways to help improve the quality and value of care delivery. Chris Boone, Ph.D., Chief Executive Officer of HDC, and Charles Ornstein, presented the award in front of nearly 2,000 innovators, healthcare industry executives, policymakers, venture capitalists,
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