Morning Headlines 5/1/14
Merge Reports First Quarter Financial Results
Merge reports Q1 results: revenue dropped to $50.9 million from $63.6 million during the same period last year, but lowered costs drove a net income increase of 47 percent. EPS of $0.00 vs -$0.07, stock prices ended trading five percent down on the day.
Boston Medical Center fires vendor after data breach
Boston Medical Center fires its transcription service vendor after it was discovered that 15,000 patient records were posted on the vendor’s website without password protection.
VA Eyes Cash Prizes To Generate Ideas For New Health Record
According to a notice posted on a federal contracting website, the VA will launch a series of design challenges to help generate innovative solutions for its next-generation VistA platform.
March 2014: EHR Incentive Program
CMS has now paid out $22.9 billion since the start of the EHR Incentive Program.
With McGraw’s new position at Transcarent, it seems like Glen Tullman might be getting the Allscripts band back together.