Morning Headlines 2/1/13
McKesson Q3 Profit Misses Estimate; Cuts FY13 Adj. EPS View
McKesson reports Q3 results: EPS $1.41 compared to last year’s $1.40, missing analyst estimates of $1.63. Revenue was up one percent, ending the quarter at $31.2 billion. The company lowered its guidance for FY 2013 by 20 cents, to $7.10-$7.30. The stock closed down 0.4 percent on the day.
Computer Programs and Systems, Inc. Announces Fourth Quarter and Year-End 2012 Results
CPSI reports year-end results, with revenue up five percent at $183 million. Net income increased 16 percent to $30 million, but EPS missed the $0.88 analyst estimate by $0.05 and shares dropped nearly nine percent in after-hours trading.
Clancy stepping down as AHRQ director
After 10 years on the job, Carolyn Clancy, MD, is stepping down as the director of AHRQ.
Piedmont Newnan transitioning to electronic medical record system
136-bed Piedmont Newnan Hospital goes live on Epic this Friday, the first within the five-hospital Piedmont Healthcare system’s network-wide implementation.
Giving a patient medications in the ER, having them pop positive on a test, and then withholding further medications because…