Morning Headlines 2/8/13
Nuance Shares Stumble After Hours As Guidance Disappoints
Nuance reports a Q1 loss of $0.07 per share vs. a positive $0.03 last year, falling short on revenue and earnings estimates. The company says reduced transcription volume, spurred by increased usage of EMRs and its own Dragon Medical transcription software, is constraining its healthcare revenue.
CHIME Weighs In on Federal Health IT Safety Plan
The CIO organization calls for more consistent matching of patients to their data, expresses concerns about the time providers may need to spend filing federal patient safety information, and urges that control of the patient safety plan be moved outside of the federal government to an independent organization.
New York City Mayor Michael Bloomberg says the city’s EHR use has improved outcomes for hypertension, diabetes, and smoking-related complications. New York’s Primary Care Information Project was started in 2005 by then-Assistant Commissioner Farzad Mostashari, MD, now National Coordinator.
ECRI Institute PSO Uncovers Health Information Technology-Related Events in Deep Dive Analysis
The non-profit patient safety organization identifies five problem areas with healthcare IT: inadequate data transfer between systems, entering data on the wrong patient, making data entry mistakes, HIT system bugs, and configuration errors.
February 8th, 2013 at 8:45 pm
I read the ECRI report with interest. I liked the statement: “Shortsighted approaches to HIT can lead to adverse consequences,” caution the authors. INDEED.
The 800 problems it reviewed are merely the tip of the iceberg. Kudos to the ECRI for being truthful.
As for the HHS Safety Plan, I like reading the CHIME comment. Where are the others published? I would like to see Judy Faulkner’s comment.
Thank you for all you do.
February 9th, 2013 at 12:32 pm
Mayor Bloomberg has a lot to brag about, but what were the overall costs, ED usage, adverse drug events, and overall outcomes such as heart attacks and death? I opine: would the money have been better spent on nurses and home care, and what improvements were made from this experiment?