I want to add the following. I'm an IT professional. In the course of my professional duties, I'm expected to…
Morning Headlines 6/26/13
For McKesson’s CEO, A Pension of $159 Million
The record-breaking pension owed to John Hammergren, chief executive of McKesson, is discussed in a Wall Street Journal article. Had he left on March 31 this year, Hammergren would have walked away with $159 million, the largest pension in corporate American history.
Hawaii Health Systems revises upward its estimate of electronic conversion of medical records
Hawaii Health Systems Corp revises the estimate for its EHR conversion. The health system originally budgeted $58 million to implement Siemens across 14 hospitals, but is now saying that the cost will likely fall north of $100 million.
1,900 new jobs, $9.5m tax break for Athenahealth
Athenahealth has pledged to hire an additional 1,900 employees to its Watertown campus by 2022 in exchange for $9.5 million in state tax credits under a tentative deal worked out with Massachusetts economic development officials.
Quality and Safety Implications of Emergency Department Information Systems
Contributors from the American College of Emergency Physicians published an article in the Annals of Emergency Medicine that discusses the patient safety related benefits and dangers associated with the use of emergency department information systems. The article concludes with seven recommendations for patient safety.
$5000 subsidy by the state of MA for 1900 jobs. Sadly this kind of corporate cronyism has become standard operating procedure and this amount for each job created actually isn’t that high. I have seen some deals in Texas and a few other places where it was 2x-4x/employee in state tax credits, accelerated writeoffs, etc. State gov’t granting large corporations especially subsidized funding through credits, accelerated writeoffs, etc is a huge problem in the US but neither party can be seen as ‘not creating jobs’ despite the economic evidence that it is overwhelming short-sighted public policy with very few gains.