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May 14, 2013 Headlines 2 Comments

Compuware subsidiary Covisint files for IPO to raise $100 million

Detroit-based Covisint, which provides cloud-based business platforms for a variety of industries including HIE technology for the healthcare market, files for a $100 million IPO.

Why VC’s Shortchange Healthcare IT—And How to Change It

Athenahealth’s Jonathan Bush contributes an article looking at funding trends in health IT and a perceived lack of opportunity for innovative startups in that space.

Medicare Fraud strike force charges 89 individuals for approximately $223 million in false billing

The Medicare Fraud Strike Force executes operations in eight cities that result in charges against 89 individuals, including doctors and nurses, for their alleged participation in Medicare fraud involving $220 million in false billings.

Exam Room Computing & Patient-Physician Interactions

The American Medical Association releases a study on the use of computers in the examination room and its effect on patient satisfaction. The study found that patients’ attitudes toward the computer were heavily influenced by the physicians’ attitude toward it. The more positive they perceived their doctor’s attitudes, the more likely respondents were to indicate a preference for computer use in the exam room.

McKesson Announces Nationwide Expansion of its Million Dollar EHR Software Give-Away Program, McKesson Gives Back

McKesson expands its McKesson Gives Back program nationally. The program, launched in 2011, donates McKesson Practice Choice EHR systems to small physician practices that operate in underserved and underinsured communities.

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Currently there are "2 comments" on this Article:

  1. Rarely agree with J. Bush but he’s headed in the right direction with his comments. Health care is a beast too many VCs don’t understand. The ones that throw money at smart kids out of Harvard and MIT who will disrupt health care are generally throwing away their money.

    Successful HIT investments by and large either follow the breadcrumb trail left by government or are started by industry veterans who know the gaps and weaknesses in the system that need a solution.

  2. Zocdoc is VC backed seems to have money thrown at it by big name forms…. C- team is Harvard/ Columbia/
    Don’t know how relevant they would be in a year and a half / stage 2 when Pt. Portal is required.
    They must have some kind if exit strategy planned to combat the flood of EHR vendor pt. portals ?
    Or will they play outside that space?
    Thus far they seem to be doing so capitalizing on selling to physicians only.







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