From Fourth Hansen Brother: "Re: big time Philips layoffs." Link. Philips will cut 1,600 jobs in its healthcare unit, along with raising prices and cutting other expenses. The North Andover, MA headquarters will get hit with100 layoffs.
From Aries Ram: "Re: Intel. Heard at the mid-year ATA show there was a small demo of Intel’s new home monitor. Comments were not endorsing, primarily based upon how data was displayed. Also, they had a slow booth at NAHC. Philips was busy … and picking up additional customers after Intel’s recall of acquired product.It isn’t always about the bells and whistles. Get the users to weigh in on the product."
From Alias Unknown: "Re: The MedicalPhone. The MedicalPhone website was down for a day or two earlier this week after they received press mentions. Glad to see it’s back up." Here’s the link again.
I’m tired of gloom and doom news. Let’s hear more about positive company developments and maybe something about the charitable causes companies will support during the holidays. On the business front, EnovateIT e-mailed over its list of 2008 accomplishments: gross sales up 35%, headcount doubled, square footage expanded eightfold, and new customers and products. Anyone else?
The Wall Street Journal investigates questionable practices in UPMC’s liver transplant program and the shady transplant surgeon it brought in and later fired, but casts the net wider. "UPMC is a nonprofit hospital system whose income is largely exempt from taxes. Yet, it is increasingly run like a for-profit company, paying its executives high salaries, jumping into new activities and expanding abroad … Its chief executive, Jeffrey Romoff, earned $4 million in the fiscal year ended June 30, 2007, and 13 other employees earned in the roughly $1 million to $2 million range. For their transportation, UPMC leases a corporate jet. Earlier this year, UPMC relocated its headquarters into Pittsburgh’s tallest skyscraper, the 62-story U.S. Steel Tower."
Brigham and Women’s is using IVR/speech recognition technology from Vocantas to collect information from patients who have started new drug therapy. The company has developed applications for discharge follow-up, disease management, and running emergency call lists.
Stratus Technologies is offering a free, one-hour Webinar on December 10th at 1:00 Eastern on A Failsafe Cure for Healthcare IT Headaches – Virtualizing for Total Availability.
McKesson will pay $350 million to settle all private claims involving alleged drug price rigging (with the alleged complicity of First DataBank) through manipulation of published average wholesale prices, filed under the Racketeer Influenced and Corrupt Organization Act. They got off light considering earlier estimates of $15 billion.
The Project Valour-IT fundraising challenge will wind down this week, ending on Thanksgiving Day. You can donate here to help cover the cost of a several wounded military member’s rehabilitative technology. The $54,532 raised so far is a long way from the $250,000 needed. Thanks.
I wrote Thursday about nurses in the UK using cell phone software to monitor data entered by chronic patients at home. The celebration was premature, as it turns out: the hospitals using the t+ Medical software have ditched it already, saying it was too cumbersome to put into practice.
Picis offers a free report on business intelligence tools.
I don’t have the courage to look at my 401K or IRA balances, but I figured it was time to check out HIT stock prices over the past six months since I don’t hold those:
- Google: down 58%
- Siemens: down 55%
- GE: down 54%
- QuadraMed: down 51%
- Allscripts: down 51%
- McKesson: down 46%
- Cardinal Health: down 45%
- NASDAQ Composite: down 44%
- Dow Jones Industrial Average: down 36%
- Eclipsys: down 36%
- Cerner: down 30%
- Microsoft: down 30%
- Perot Systems: down 25%
- Athenahealth: down 23%
- HP: down 22%
- Quality Systems: down 9%
- CPSI: up 27%
Landmark Medical Center (RI) is operating under a court-ordered supervisor and seeking a buyer. Among other examples of bad healthcare conditions, the article mentions that 10 of New Jersey’s 80 hospitals have shut down in the last two years.
It appears that Oklahoma State University Medical Center is on the brink of closing or selling out to St. John Medical Center, with its Web site turned into a plea for state government help. It might be the only hospital Web site in existence that doesn’t say where the hospital is (Tulsa) or how to contact it.
The Social Security Administration wants to develop a system that can extract medical records information for disability claimants from EMR systems using the Continuity of Care Document format. It’s being piloted now at BIDMC and Cleveland Clinic.
An argument between Muskogee Regional Medical Center (OK) and local surgeons goes to the state’s Supreme Court. The hospital insists that two surgeons must be on ED call for 192 hours per month, based on its bylaws that require around-the-clock coverage. The doctors say the hospital gets federal money for ED coverage and should hire its own.
Vendor Deals and Announcements
- Parkland Health & Hospital System (TX) implements Innovation’s PharmASSIST pharmacy automation systems across its nine pharmacy sites. PharmASSIST is integrated with the Cerner PharmNet system to process 6,000 prescriptions a day.
- SecureCare Technologies’ Sfax solution is now integrated into Addison Health Systems’ WritePad EMR.
- Interactive patient care system provider Skylight Healthcare Systems signs an agreement to deploy Skylight ACCESS for Cancer Treatment Centers of America’s new facility at Western Regional Medical Center.
- Edward Hospital and Health Services (IL) will implement Allscripts’ Enterprise EHR/PM solution for 50+ providers. Another 40 providers will use just the Allscripts’ PM solution.
- Centegra Health Systems (IL) signs a long term service agreement with Perot to provide support for its IT platform and assistance implementing a clinical system and other technologies.
- Brigham and Women’s Hospital (MA) will use Vocantas’ CallAssure interactive voice response system to study the effectiveness of using automated telephone follow-up systems to manage chronically ill patients using commonly prescribed medications.
- Former Cerner sales leader Mike Fiorito is named the new chief sales and marketing office for LifeWatch Services.
- Children’s Health System (AL) will deploy Eclipsys’ Sunrise solutions at its new $500 million facility opening in 2012.
- Acesis announces the release of Clinical Product Review Suite, a new product designed to automate the peer review process for hospitals and other healthcare providers.
- Harold Miller is named president and CEO of the Network for Regional Healthcare Improvement.
- Twelve critical access hospitals in North Dakota launch a pilot program focused on improving patient safety through automated and shared data collection. The Critical Access Hospital Quality Network with use Clarity Group’s Healthcare SafteyZone Portal.
- Western Missouri Medical Center completes installation of DR Systems’ PACS solution.
- Rodney Schutt is named Asprya’s new CEO, having previously been with Luminetx, Smith and Nephew Orthopaedics, and GE Healthcare.
- Seattle Children’s Hospital selects DatStat to provide its staff tools to improve enterprise research and to facilitate feedback from employees, patients, and patients’ families.
- Wexford-Mercy PHO (MI) selects WellCentive Registry to help improve clinical quality outcomes and streamline the care delivery process.
- BCBS of Vermont says it has saved almost $500K using VUE Compensation Management’s compensation management technology.
- Orthopedic Associates of Meadville (OH) selects SRS’s EMR solution for its five-physician practice.
- Daniel Kohl is named the new president and CEO of clinical documentation service provider Spheris.
- Bert Fish Medical Center (FL) selects Xceedium’s GateKeeper technology to provide secure remote administration services.
- Mediware Information Systems acquires the assets of pharmacy management software provider Hann’s On Software (HOS). The purchase, which includes $3.5 million in cash plus potential operational performance monies, adds 320 pharmacy facilities to Mediware’s client base.
- dbMotion is named winner of the Healthcare IT Summit’s Innovation Award in the Best Case Study Presentation category. The winning presentation focused on dbMotion’s implementation at UPMC.
- Healthvision solutions is a new reseller for MediSolution’s Virtuo BI solutions.
- The Defense Health Information Management Systems Program selects Base Technologies to provide teleradiology support services for Medweb’s PACS solution in war zones.
- CCHIT announces three new members to its board of trustees. Meighan Girgus, EVP for the American Heart Association; Wes Rishel, VP for Gartner; and Dr. Bruce Taffel, VP/CMO for Shared Health. They will serve staggered, three-year terms.
- Lynn Hudson, national EMR product manager for HealthPort,is a new member of The Electronic Health Records Association Executive Committee.