Morning Headlines 6/9/14

Cleveland Clinic Chief Out of Running for V.A.

Dr Delos Cosgrove, CEO of Cleveland Clinic, has withdrawn his name from consideration as the next secretary of the VA.

Moody’s downgrades Lifespan Rhode Island Obligated Group (RI) to Baa2; outlook negative

Moody’s has downgraded Lifespan’s (RI) bond rating based on a "multi-year trend of declining operating performance," but notes that the rating could go up once it finishes its Epic implementation.

Global IT company launches Manchester base

Allscripts is opening a new office in Manchester, England where it will house 100 employees working to help build its UK presence.

Tech expert Stack chosen as next AMA president-elect

Modern Healthcare notes that Dr. Robert Wah, the incoming president of the AMA, is a health IT expert, as is his 2015 replacement Dr. Steven Stack.