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February 5, 2014 Headlines No Comments

Castlight Health Files $2 Billion IPO

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 Confidentially Submits Registration Statement with the Securities and Exchange Commission for Initial Public Offering of Its Common Stock

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.

2013 Healthcare Provider Innovation Survey

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 Reports Fourth Quarter and Full Year 2013 Results

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.

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Reader Comments

  • Woodstock Generation: Gotta love those O'Jays, hot pink suits et al. In other words, gotta love doo-wop, soul, and all those related sounds t...
  • Vaporware?: JTR, Cerner is re-tooling itself from a software company (sic) into a service company. The company needs a place to put ...
  • Dave Butler: Many similar issues that I've found as well during my time with provider groups. The EHRs screen can be really busy and ...
  • Justa Trench Rat: Nice to see Cerner continuing with their new campus. I am sure our implementation of their highly questionable revenue ...
  • FRANK POGGIO: Shows to go ya...answering black and white Jeopardy questions is a far cry from the massive grey area of medicine/pharma...
  • Number Cruncher: You are right AC. The cost is seriously underestimated here. Just looking at the numbers - $1 B for 5 years = $200 M ...
  • Abraham Van Helsing: Re Theranos. Will be interesting to follow the saga. As I and others had noted going back 2+ years, something was obvi...
  • Prof. Moriarty: Re: Watson pull out. I've not been directly involved with this product, but from its beginning I have always seen Watso...
  • mih: Of course they can, and for much much cheaper. But why would they do it? Existing arrangement works for everyone in the ...
  • Andrew M. Harrison: Thanks for (actually) reading our paper. I enjoyed the story of your friend, as well as the translation of numbers to em...

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