Morning Headlines 3/10/14
M*Modal Preparing to File for Bankruptcy
M*Modal will file for bankruptcy in the next two weeks in order to restructure its $750 million in debt.
Inside the Making of Obamacare
White House special adviser on health policy, Ezekiel Emanuel publishes a recap of the major political hurdles the Affordable Care Act had to jump on its way to becoming a law. One major issue he cites was with Medicare officials who pushed back on payment reform because it claimed that it did not have the computer infrastructure to support bundle payments.
Bain, Lemhi Seeking Buyer for Health-Care IT Company Ability Network
The PE firm that owns Ability Network Inc. is shopping the company around for a rumored $500 million. Ability provides web-based CMS claims processing.
Good for the blokes at Craneware. If you’re going to sell your company to be over-leveraged and sold-off piecemeal, leaving…