The primary point of using the Cloud is using operating expenses vs limited capital ones and avoiding having to update…
Morning Headlines 4/8/13
HP’s Chairman Steps Down, Two Directors to Depart
John Hammergren, chairman, president, and CEO of McKesson, will leave HP’s board after 46 percent of shareholders opposed his re-election, due largely to a failed acquisition strategy that has resulted in $17 billion in losses since 2010.
Epic signs Cambridge University Hospital and Papworth Hospital, with go-live scheduled for October 2014.
Wake Forest Baptist has cost overruns, revenue loss with electronic records system
Wake Forest Baptist Medical Center cites struggles with implementing Epic as the primary reason for its nearly $50 million operational loss during Q2. Moody’s has downgraded the hospital’s credit rating from A1 to Aa3.
21 Most Admired Companies Making IT A Competitive Advantage
Health systems make up nearly 25 percent of the companies listed in the recently published report, “21 Most Admired Companies Making IT A Competitive Advantage.” Kaiser Permanente, HCA, Mayo Clinic, Cleveland Clinic, and Intermountain Healthcare all made the list.
Mr. H, why the articles on Epic in UK the past 2 posts? Isn’t that old news from a year ago?
[From Mr H] Old news that they were selected, new news that the contract was signed, HP was named as the overseer, and the price was given.
Interesting that Hammergren sat on a board for major PC maker, yet his company uses a competitor for all their internal PC’s. How big business amazes me.
Wake Revenue Loss – HIMSSAnalytics shows Wake uses CPSI and McKesson Healthquest as their revenue/billing solutions. Who would have predicted that those applications wouldn’t play well with Epic? (Everyone!)
Do stories like that of Wake’s only come to light when there’s a major associated event like the Moody’s downgrade to push it public? I wonder how many more scenarios (certainly not just Epic) like that are out there.