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Morning Headlines 2/27/13

February 26, 2013 Headlines No Comments

TELUS Health to become Canada’s largest electronic medical record provider

Telus Health announces the acquisition of EMR vendor MD Practice Software, which will expand its reach to more than 9,000 Canadian physicians and make Telus the largest EMR provider in Canada. This is the third EMR vendor Telus has acquired, spending more than $1 billion on acquisitions over the past 10 years.

Accretive Health Postpones Fourth Quarter and Full Year 2012 Earnings Release

Revenue cycle optimization vendor Accretive Health announces that it will delay the release of fourth quarter and full year financial statements. The company says it is concerned with its own revenue recognition policies and needs to evaluate the process before releasing financial statements. Share price dropped 20 percent in after hours trading Tuesday following the announcement.

Craneware H1 Profit Rises

Craneware reports a half-year profit of $4.5 million, up from $3.8 million in the same period last year. EPS was $0.12 and revenue grew seven percent.

Kansas Health Information Network and ICA Launch Pilot to Share Immunization Data with State Registry

Kansas Health Information Network has successfully transmitted immunization information through its ICA CareAlign HIE to the Kansas Immunization Registry.

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