Neither of those sound like good news for Oracle Health. After the lofty proclamations of the last couple years. still…
Morning Headlines 1/15/14
NantHealth Unveiled at J.P. Morgan 32nd Annual Healthcare Conference
Healthcare billionaire Patrick Soon-Shiong, MD, launches his long awaited healthcare IT startup NantHealth. Soon-Shiong spent $800 million on 60 acquisitions in preparation for the launch. His company will focus on population health management, cancer care coordination, care transition management, in–home monitoring, and personalized wellness.
Navicure Announces Key Findings from Second ICD-10 Readiness Survey
A new ICD-10 readiness survey of physician practices finds that 74 percent have not started their ICD-10 preparations, with 27 reporting that they are unsure of how or where to start preparing for the transition.
Providers seeking more strategic integration of CDS tools
KLAS evaluates clinical decision support systems which survey respondents reported are not integrated enough with core EMR systems to deliver the kind of strategic direction providers are looking for.
A new study published by the Journal of Managed Care Pharmacy questions whether ACOs are ready to be held accountable for medication prescribing and adherence, as the report finds that most ACOs do not have policies in place to prevent duplicate medications from being prescribed, and do not have the ability to notify physicians once prescriptions have been filled.
This whole thing feels like McKesson, AllScripts, GE and others…
“This is the first operating system of its kind in health care that is based on supply chain principles and grid service oriented architecture that integrates the knowledge base with the delivery system and the payment system enabling 21st century coordinated care at a lower cost.”
Just because you bought a bunch of companies, does that really mean this is an “architecture” or an “integrated system” a “grid”?
Or, is this just a rich guy, with a huge ego and without a clue?
This is a rich guy who bought a bunch of orphan companies and hasn’t really done any of the hard work to reconcile platforms at this point. If he just came out and said that, I’m guessing he’d convince many more intelligent investors. Or, wait, why does a guy with 7 Billion dollars present at an investor conference? Does he need “OPM” – Other People’s Money – to make customers happy or do sales? Hmmm… Maybe a 7 Billionaire wants to be a 100 Billionaire (like Mark Zuckerberg) on the back of other people’s money.
When is enough enough?
Second link on ICD-10 readiness was timely and helpful. Thanks.
“The survey results also indicated practices have a general sense of optimism about their readiness despite lack of know-how, communication from vendors or action taken to prepare for the transition.”
Wonder where the optimism comes from?
So is iCOS a direct competitor for Epic?
Nant Science response – It is just like McKesson. Look what happen to MCK. The IOS is vaporware. They have been working on the data analytics, since 2010 and can’t launch. Sr. Sales is an obese, pot smoking with his underlings, and if you didn’t partake you get fired, Jamaican trip non-effective leader. Strategy is to hire sales force to sell all products, but the solutions have all different buyers. Patrick has no idea what is happening below him. Bad leadership all around. We will see turnover, and maybe 1 or 2 sales for suckers that don’t do their homework, or get it “for free” to be a development partner. If I wanted GloCaps – why would I buy an EMR? Soon-Shiong needs to get in the weeds, or his investment won’t bring the returns he anticipates.