Ageed Mike, "patients are the widgets that must be processed" additionally when it costs close to $3,700 a month for…
Morning Headlines 12/7/12
Athenahealth to buy Watertown complex for $169M
Athenahealth completes a deal with Harvard University to buy a 760,000 square foot Watertown, MA campus for $168.5 million.
Survey results from the Ponemon Institute reveal that 94 percent of hospitals experience data breaches in the last 12 months, with 45 percent reporting more than five breaches over the past two years.
T-Systems Wins Major IT Outsourcing Agreement in US Health Industry
T-Systems expands its presence in HIT as it closes a “pay-as-you-go” IT outsourcing for Presbyterian Healthcare Services.
Reuters – Thoma Bravo, Francisco, THL Final Suitors for Merge
Thoma Bravo LLC, Francisco Partners and Thomas H. Lee Partners have submitted revised takeover offers to Merge Healthcare.
SAIC Announces Financial Results for Third Quarter of Fiscal Year 2013
SAIC announces Q3 results: revenue up 3 percent, EPS $0.33, missing on expectations of $0.35. The company reported that it had signed over $100 million in consulting contracts through its Vitalize and MaxIT acquisitions.
I liked the expose on data breaches. Putting it all together, the taxpayers are paying for the radical transformation of helath care that has no proven outcomes benefit, no proven costs benefits, increases the propensity to fraud via upcoding, and enables rampant violations of privacy.
I ask again, what is wrong with this picture? Would someone please address this?