Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…
Morning Headlines 10/2/13
Q&A: Mostashari Reflects as He Prepares to Exit ONC
Health Leaders publishes the second part of its interview with Farzad Mostashari, MD.
Fourth Annual Xerox Survey Shows Slow Progress in Patient Knowledge of Electronic Health Records
A recent Xerox survey of 2,000 US adults finds that 83 percent have concerns with EHRs, and that less than one-third want their medical records to be digital.
Tenet Healthcare Completes Acquisition Of Vanguard Health Systems
Dallas,TX-based Tenet Healthcare completes its acquisition of Vanguard, bringing Tenet’s organization to 77 acute care facilities and 173 outpatient facilities.
Baylor Health Care, Scott & White finalize merger
Baylor Health Care System completes its merger with Scott & White Healthcare. The merger creates a 43-hospital, 500-clinic health system, the largest not-for-profit system in Texas.
Innovative Healthcare Company Acquires Substantially All Assets of Healthrageous
Partners Healthcare spinoff Healthrageous closes shop after four years and $15 million spent trying to monetizing a health portal marketed to health systems, payers, employers, and pharmaceutical companies.
MR. H: What’s your take on Practice Fusions’ re-upping on funding every 6 months?
Here’s my take: They are scrambling to make Stage 2. It takes vendors millions of dollars to develop/test/support HIT software, it’s not like the typical Silicon Valley software they are used to creating–I don’t think the original VCs had a full understanding of HIT when they originally invested. Lastly, I think Practice Fusion is masking their health by claiming big pharm is paying for their data. It’s not like that’s a novel idea or Practice Fusion is the only product with data. Acute vendors (Epic/Cerner/McKesson/Allscripts, etc.) have had much more data for much longer time.
I heard only 15 vendors were MU Stage 2 complete certified. I think we’re going to see A LOT of replacement out there.
Love your blog, its one of my guilty pleasures every morning.