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April 25, 2013 Headlines 3 Comments

Cerner profit up as support, maintenance grows

Cerner reports Q1 results with a $110 million profit, up from $88 million, on $680 million in revenue. EPS $0.62 vs. $0.51. Support, maintenance and services revenue increased 16%, but system sales revenue dropped 12%.

Certification for electronic health record product revoked

ONC has revoked the EHR certification status of two EHRs, Santa Fe Springs Cali-based EHRMagic-Ambulatory and EHRMagic-Inpatient, after complaints from customers led auditors to discover that the platforms did not have the minimum required functionality and should never have passed certification tests in the first place.

Doctor: ‘I gave up on health care in America’

A family practice doctor from Colorado unwilling to comply with Meaningful Use requirements moves to Australia where he reports making $100,000 more than he made practicing in Colorado and with a much lighter schedule.

Nuance Communications Taps Goldman for Advice as Icahn Amasses Stake

Nuance has turned to Goldman Sachs for strategic guidance as billionaire Carl Icahn, known for his penchant for hostile corporate takeovers, continues to amass the company’s outstanding stock. Icahn currently holds a 9.3 percent stake in the company.

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Currently there are "3 comments" on this Article:

  1. “Even with a much lighter schedule, Snyder is making the equivalent of U.S.$250,000 a year — $100,000 more than he made practicing in Colorado year round.”

    “Primary care is highly respected here. That’s not the case anymore in America,” said Snyder. “In the United States, health care has become more about the business of making money. The personal side of medicine is going away.”

    Huh?

  2. $cern “Support, maintenance and services revenue increased 16%…”

    The patients aka taxpayers are paying for this. Shocking, considering the fact that there care is no better, and, no one seems to want to be bothered by this, with one exception.

    The GOP Senators are worried about the HITECH money and accountability for it, but ignore the outcome and safety issues.

    Speaking of safety, who on the newly appointed FDASIA Committee are safety experts who have active clinical experience?

  3. No mention of accountability to the providers forced to de-install.

    The original intent of certification (think back to CCHIT before MU) was to protect small offices w/ limited IT resources from selecting ‘bad technology’.

    Now customers of a vendor who has passed certification are stuck holding the bag. I guess they can use their ill-gotten (through no fault of their own) stimulus dollars to de-install, purchase, and install a new EHR? Enough of these ‘recalls’ happen and buyers may consider which certifying bodies they trust…







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