Morning Headlines 7/18/14

CVS Caremark Announces New Clinical Affiliations with Four Major Health Care Providers

CVS announces that its MinuteClinic services will partner with ProHealth Physicians in Connecticut, Texas Health Resources in Texas, Palmetto Health in South Carolina and The Baton Rouge Clinic in Louisiana to bring additional chronic disease management services to the population, and to collaborate on medication adherence initiatives.

athenahealth, Inc. Reports Second Quarter Fiscal Year 2014 Results

AthenaHealth announces Q2 results: revenue is up 27 percent to $185 million but  Epocrates-based earnings fell 23 percent to $11.3 million. Adjusted EPS $0.32 vs. –$0.08, beating expectations for both.

Subcommittees Team Up To Learn How 21st Century Technology Can Improve 21st Century Cures

During a joint hearing between the Subcommittees on Communications and Technology and Health focused on the future of technology in healthcare, Rep. Phil Gingrey, MD (R-GA) called out Epic for its resistance to interoperability, saying that the company has indirectly collected billions in incentive payments but is still selling closed platforms.

Starting to Evolve Our Organization and Culture

Microsoft will layoff 14 percent of its workforce, or 18,000 workers, primarily from its Nokia division, as it works to rebrand itself as a “productivity and platform” company.