Morning Headlines 5/20/13

Mitochon Intends to Exit the EHR Market and Cease Physician Services

Free web-based ambulatory EHR vendor Mitochon Systems has announced that it will close its health IT business unit. Mitochon was a Meaningful Use Stage I certified vendor with 12 attestations according to the most recently released CMS data.

Tableau Software soars in trading debut

Seattle-based Tableau, a data visualization vendor popular in the healthcare space, raises $254 million on its IPO Friday and shares closed up 64 percent at the close of its first day of trading.

Wake Forest Baptist IT director stepping down

Wake Forest Baptist CIO Sheila Sanders will step down from her position effective May 31st. She leaves her position for personal reasons, unrelated to recent difficulties with Baptist’s Epic implementation.

DePinho: M.D. Anderson to freeze wages, curb construction

MD Anderson announces a wage freeze, a reduction in hiring, and the postponement of construction projects due to lower than anticipated operating income for FY13. President Robert DePinho reports that an increase in donations and investment income is the only reason the institution will finish the year with positive net income.