Castlight Health, a health benefits management vendor working to increase cost transparency with web-based consumer tools, has filed IPO registration paperwork with the SEC for a stock offering expected to reach a $2 billion valuation. Castlight was founded by athenahealth co-founder and current US CTO Todd Park.
Imprivata, a KLAS leading for Single Sign-on solutions vendor, confidentially files IPO registration papers. A press release from the company reports that they will execute the stock offering once the SEC has finished its review.
A recent HIMSS survey measuring the state of innovation within provider organizations finds that cost reduction is the focal point of innovation initiatives for most respondents. With EHR optimization in full swing, providers are now reportedly making progress implementing systems for population health management, patient follow-up, predictive analytics, clinical decision support, and care coordination.
Cerner announces Q4 and 2013 year end results: Full year bookings were $3.77 billion, up 20 percent from 2012. Adjusted Q4 EPS $0.39 vs $034, meeting analyst expectations.