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Morning Headlines 2/12/14

February 12, 2014 Headlines No Comments

Physician outcry on EHR functionality, cost will shake the health information technology sector

Medical Economics publishes a survey of 1,000 US physicians in which 45 percent of respondents say patient care is worse since implementing an EHR and 79 percent of respondents report that they do not believe that EHRs have been worth the resources, cost, and effort of adopting them.

Medical Information Technology, Inc: Investor Insert

Meditech reports that it will delay its Q3 SEC filing while it sorts out a revenue recognition issue that goes back more than a decade, but that its auditors just now caught. The company says that customers will not be affected and that, other than possibly hiring new auditors, its future plans remain the same.

Behind the ballooning medical e-records cost

A local news outlet covers Hawaii Health Systems Corporations struggling Siemens implementation. The behind-schedule project was originally budgeted to cost $50 million, but is now projected to cost $109 million.

Welcome to the NIST EHR-Randomizer application

CMS and ONC launch a new web-based tool called the EHR randomizer that will allow providers to demonstrate cross-vendor health information exchange capabilities required in MU2.

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