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Morning Headlines 7/26/13

July 25, 2013 Headlines No Comments

Healthcare Information Technology and Healthcare Information Services: 2013 Mid-Year Review

Healthcare Growth Partners releases its mid-year M&A review for the health IT market. Mergers and acquisitions were down 29 percent year to date due to a significant increase to capital gains taxes effective January 1, 2013. However, investment activity is up 16 percent and continues at a record pace.

Are We Asking Too Much of Our CIOs?

Harvard Business Review analyzes the expanding role of the modern CIO, asking if managing the mountain of new responsibilities is a realistic expectation from one person.

The World’s Most Outrageous Pension Deal?

McKesson CEO John Hammergren’s $154 million pension is scrutinized in a Forbes article that calls it "utterly absurd." Harvard Law School professor Jesse Fried, who notes that Hammergen is also the highest-paid CEO, says "Hammergren has pulled down hundreds of millions in compensation. Even without the pension, it would be very hard for him to spend all his money before he died."

McKesson beats on earnings, falls short on revenue

McKesson reports Q1 results: net income of $424 million on $32 billion in sales drove EPS to $1.83, vs. $380 million and EPS of $1.58 for Q1 last year. Revenue and EPS both fell short of analyst predictions.

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Reader Comments

  • Brian Too: While I'm usually pretty forgiving about individual stylistic variations, I will say that I found Ed's final paragraph e...
  • From the Inside: It's great to see that Ed was so impactful on the NYC H+H IT "broken division" in his continuing quest to save the worl...
  • AynRandWasDumb: This article is so vague it amounts to platitude. What is my takeaway as a reader? That Ed did such a great job and he h...
  • Brian Too: I've always loved AC/DC. One tidbit others might enjoy. The movie "School of Rock" performed an awesome cover of "It...
  • Steve Natz: I have been a reader of HIStalk for several years and have always enjoyed these articles along with the industry news to...

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