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Morning Headlines 12/29/14

December 28, 2014 Headlines No Comments

Cerner Corp (CERN): $65.71

Cerner stock closes at $65.71 Friday, an all time high for the company.

Disneyland trip, Beyonce tickets were ‘inappropriate gifts’ to official, judge rules

The government upholds a VA decision to fire the former director of the Phoenix VA Health System,  not because of the wait-time scandal that was discovered at her facility, but because she accepted “inappropriate gifts,” including an 8-night family vacation to Disneyland for herself and six of her family members, from a consulting firm whose core business is helping vendors secure lucrative government contracts from the VA.

Why It’s So Hard to Fix Medicare Fraud

The Wall Street Journal analyzes Medicare fraud detection, explaining that the problem is complicated by the fact that 45,000 new providers enroll in Medicare every month and CMS does not have the resources to verify that every one is legitimate.

Jeb Bush quits hospital chain before possible White House run

Jeb Bush resigns from his position on the board of directors at Tenet Healthcare in preparation for a widely-speculated run in the 2016 presidential elections. Tenet is a for-profit health system that has publically attributed strong financial gains to the rollout of Obamacare, legislation that Bush formally opposes.

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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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