Hard agree, and not just because I'm a spreadsheet nerd. Why are we all here? Isn't it in the service…
Morning Headlines 4/18/17
A new rule proposed by CMS would relax CQM reporting requirements for eligible hospitals.
Cerner Tops Shortlist of Vendors to Replace VA’s Outdated EHR
A Black Book report evaluating Epic, Cerner, Allscripts, Meditech, and Athenahealth says Cerner is the best EHR vendor to replace VistA within the Department of Veterans Affairs.
HCA Previews 2017 First Quarter Results
HCA reports Q1 results: revenue climbed to $10.6 billion compared to $10.2 billion in Q1 of 2016, however net income dropped from $694 million to $659 million over the same time period, EPS $1.74 vs. $1.69. Revenue and net income missed analyst estimates, sending share prices down 3.6 percent Monday.
A JAMIA study on dashboard-based support tools aimed at reducing 30-day all-cause readmissions for heart failure finds that readmission rates were pushed downward from a 14 percent baseline to 10.1percent after the implementation of dashboards.
In today’s United Health Group analyst call, there was no mention of actions by the US Dept of Justice to pursue the 2 whistleblower suits against United which is supposed to have defrauded the taxpayers in billions. Is it typical that analysts will not ask tough questions to the company execs? Even the $50K donation to ALEC got a passing mention.
Look at who analysts represent. Typically, it’s a large wall street firm and they only earn commissions on their clients money that’s invested with that firm. If a client decides to sell, they will typically also move their money elsewhere. Analysts have a very strong incentive to keep the story about a company good rather than expose real issues. You can see this particularly clearly when we have a big drop in stock market value because most analysts are still recommending BUY as in 2008 and 2000 and likely every other significant drop in recent market history dating back to the 60s.