Home » Headlines » Currently Reading:

Morning Headlines 5/3/13

May 2, 2013 Headlines No Comments

Financial woes at Maine Medical Center

Maine Medical Center suffers a $13.4 million operating loss in the first half of the fiscal year, a situation CEO Richard Petersen calls a first in recent history. Petersen pointed to declining inpatient and outpatient volumes and an Epic install which is causing issues with billing. The remaining rollout of Epic is on hold until the situation is resolved. The system has also initiated a hiring freeze, cancelled unnecessary travel, and reduced overtime in an overall effort to save $15 million during the second half of the fiscal year.

March 2013 EHR Incentive Program Update

Almost half of all eligible providers have now received EHR incentive payments according to the most recent CMS update.

Post–Acute Care Riddled With Challenges and High Expectations

KLAS evaluates health IT vendors working in the post-acute care market following an ACO-driven surge in interest. HealthMEDX was the top rated vendor.

Hospital Execs Forecast Higher IT Spending

A survey of hospital executives finds that 43 percent say their largest anticipated investment for the coming year will be in health IT.

View/Print Text Only View/Print Text Only


HIStalk Featured Sponsors

     







Subscribe to Updates

Search


Loading

Text Ads


Report News and Rumors

No title

Anonymous online form
E-mail
Rumor line: 801.HIT.NEWS

Tweets

Archives

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reader Comments

  • Justa Trench Rat: Nice to see Cerner continuing with their new campus. I am sure our implementation of their highly questionable revenue ...
  • FRANK POGGIO: Shows to go ya...answering black and white Jeopardy questions is a far cry from the massive grey area of medicine/pharma...
  • Number Cruncher: You are right AC. The cost is seriously underestimated here. Just looking at the numbers - $1 B for 5 years = $200 M ...
  • Abraham Van Helsing: Re Theranos. Will be interesting to follow the saga. As I and others had noted going back 2+ years, something was obvi...
  • Prof. Moriarty: Re: Watson pull out. I've not been directly involved with this product, but from its beginning I have always seen Watso...
  • mih: Of course they can, and for much much cheaper. But why would they do it? Existing arrangement works for everyone in the ...
  • Andrew M. Harrison: Thanks for (actually) reading our paper. I enjoyed the story of your friend, as well as the translation of numbers to em...
  • Mike: I would love to see this type of discussion around Blockchain. It is being hyped heavily currently. Yet, I wonder how we...
  • Brian Too: Just slightly off-topic, but I recently heard an interesting downtime rule-of-thumb: Every hour of downtime requires 2 ...
  • James E Thompson: AI in particular isn't disruptive until it can offer an effective alternative against which a go/no-go decision makes se...

RSS Industry Events

  • An error has occurred, which probably means the feed is down. Try again later.

Sponsor Quick Links