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Morning Headlines 12/13/13

December 12, 2013 Headlines 1 Comment

AthenaHealth shares plunge on disappointing 2014 earnings outlook

AthenaHealth shares dropped 14 percent in after hours trading Wednesday on weak earnings forecasts ($0.98-$1.10 EPS) for 2014, that missed analysts estimates of $1.38 EPS.

Health Information Exchange Improves Identification Of Frequent Emergency Department Users

A study published in Health Affairs finds that using community-wide data from a HIE improves the ability to identify frequent emergency department users because visit history can be measured across unaffiliated hospitals. When analyzing HIE-wide data instead of site-specific data, 20.3 percent more frequent ED users were identified.

Cerner to take charge against earnings after arbitration ruling

Trinity Medical Center (ND) will receive an undisclosed settlement nearly two years after suing Cerner over accounting software purchased in 2008 that it claimed was "defective and did not deliver the promised benefits." Trinity was seeking $240 million in damages, while Cerner argued that damages should not have been higher than $4 million. The two agreed to arbitration hearings in October and a final settlement amount has now been reached. Cerner will take a $0.19 charge against its anticipated Q4 EPS of $0.35 to cover the loss.

Health Insurance Marketplace: December Enrollment Report

Healthcare.gov enrolled 258,497 in November, bringing the State and Federal total since launch to 365,000.

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Currently there is "1 comment" on this Article:

  1. Wow. A customer sues and wins a lawsuit against Cerner to the tune of $60,000,000.00 and not one comment. Cerner must have sent their anti Epic blogging team home early today to get a head start on holiday shopping.







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Reader Comments

  • KP Alum: Re the Kaiser Permanente medical school: I think it makes a lot of sense for them to train physicians in how Permanente ...
  • EHRVendor: Good article, unfortunately, this lost credibility when Athenahealth was considered one of the five major EHR Vendors le...
  • Patient advocate: Hi. I don’t see our organization on the Commonwell slide. We have gotten a lot of value from the tool and have ac...
  • Anonymous: I worked for Cerner at the time of the fire, and Cerner had a few dozen associates at the Feather River facilities. Both...
  • monica: 'Champions of Heath' that is perfect and says more about the whole rebranding strategy in 3 words than I could in a para...
  • Bill Spooner: It would be great to know about healthcare costs and outcomes in China, India and Norway, to learn how the various care ...
  • Mr. HIStalk: I'm torn between wanting to make them stop by showing how ridiculous they are vs. shaming them by name publicly. Apparen...
  • Mr. HIStalk: My personal dilemma is that I don't want to assume that someone attractive who is working a booth must be a contractor h...
  • Ex Epic: My favorite is when you're appropriately washing your hands for the twenty + seconds with soap and somebody is standing ...
  • Evelyn Reed: Thanks for the detailed guide in the conference and other news as well. After months of public negotiating drama and sev...

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