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Morning Headlines 4/30/14

April 29, 2014 Headlines No Comments

M*Modal Files Chapter 11 Plan Backed By Creditors

MModal files its disclosure statement and reorganization plan, detailing the company’s strategy to exit Chapter 11 bankruptcy by August 15.

UPMC Selling Analytics to Curb Health Care Costs

UPMC will begin licensing its homegrown clinical analytics system to other healthcare organizations. The platform identifies the lowest cost treatment plans that consistently lead to the highest quality outcomes and then benchmarks individual physician performance against this data. In the ED, the system is used to predict which patients were more likely to be readmitted, helping UPMC staff reduce readmission rates by 37 percent.

Medfusion’s Relationship with Allscripts Comes to an End

Medfusion will no longer offer its patient portal through Allscripts "due to unresolved payment disputes," according to a statement released Monday.

Nuance CEO Paul Ricci tops in pay among Massachusetts executives

The Boston Globe calls Nuance CEO Paul Ricci the most overpaid executive in Massachusetts. Ricci earned $87 million over the past three years, during which time his company’s stock fell 16 percent.

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