Cerner reports Q1 results with a $110 million profit, up from $88 million, on $680 million in revenue. EPS $0.62 vs. $0.51. Support, maintenance and services revenue increased 16%, but system sales revenue dropped 12%.
ONC has revoked the EHR certification status of two EHRs, Santa Fe Springs Cali-based EHRMagic-Ambulatory and EHRMagic-Inpatient, after complaints from customers led auditors to discover that the platforms did not have the minimum required functionality and should never have passed certification tests in the first place.
A family practice doctor from Colorado unwilling to comply with Meaningful Use requirements moves to Australia where he reports making $100,000 more than he made practicing in Colorado and with a much lighter schedule.
Nuance has turned to Goldman Sachs for strategic guidance as billionaire Carl Icahn, known for his penchant for hostile corporate takeovers, continues to amass the company’s outstanding stock. Icahn currently holds a 9.3 percent stake in the company.