Morning Headlines 11/8/13
Allscripts Healthcare Posts Q3 Loss
Allscripts reports Q3 results: revenue dropped to $330 million, compared to $360 million a year ago. EPS $0.05 vs $0.23, missing analysts estimates.The company also announced that it has fired Cliff Meltzer, EVP of solutions development.
Data Analytics Update: Health IT Policy Committee Meeting
CMS has paid $16.5 billion in EHR incentive payments thus far. Meditech, Cerner, and Epic customers account for almost half of Stage 1 hospital attestations. Epic, Allscripts, eClinicalWorks, and NextGen represent almost half of Stage 1 EP attestations.
HIMSS Offers Guidance to HHS on FDA Regulation of Health IT
In a letter to HHS Secretary Kathleen Sebelius, HIMSS argues against FDA regulation of EHRs as a medical device, instead proposing "a new risk-based oversight framework that takes into account factors such as risk relative to intended use and cost/benefit of any proposed oversight."
Results From Survey on Health Data Exchange
eHealth Initiative’s 10th annual health data exchange study consolidates survey responses from representatives at 200 HIEs across the country. Respondents report that large scale interoperability is still too difficult and expensive for most to sustain on revenue alone. Currently, only 25 percent of respondents report that they are earning enough to operate independently.
I realize it's been quite a while since I taught - or was in school myself - but I'm distressed…