Morning Headlines 5/10/13
Allscripts swings to first-quarter profit loss
Allscripts releases Q1 results: a $11.6 million loss on the quarter resulting in a -$0.07 EPS compares to a $5.8 million profit and $0.03 EPS for the same period last year. The stock was down 10 percent in after hours trading but is up 47 percent on the year.
Philips, Al Faisaliah Medical Systems officially open Philips Healthcare Saudi Arabia
Philips announces the opening of a joint venture with Al Faisaliah Medical System to market Philips solutions in Saudi Arabia.
HHS Releases Hospital Data on Charge Variation to Promote Transparency
HHS releases hospital charge data to promote cost transparency.
Accenture Eight-Country Survey of Doctors Shows Significant Increase in Healthcare IT Usage
A recent study highlights electronic medical records utilization trends across eight countries. The United States is leading all nations in the adoption of EHRs and nears the top of HIE adoption.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…