Morning Headlines 3/4/15
Truven Health Analytics prepares for IPO
Reuters reports that Truven Health Analytics is preparing for an IPO that will value the company at $3 billion. Truven was acquired by Veritas Capital Fund Management in 2012 for $1.25 billion.
Review of Alleged Misuse of VA Funds To Develop the Health Care Claims Processing System
The OIG investigates the VA Chief Business Office, concluding that it violated appropriations laws when it spent $92 million on a new IT system from a fund that was only authorized to cover medical, construction, supply, and research costs.
Nina Pham, the Texas Health Resources nurse that contracted Ebola while treating a patient last fall, is suing her former employer, claiming that a lack of training, established policies, and proper equipment led to her exposure.
What Are the Best Hospitals? Rankings Disagree
The Wall Street Journal compares four hospital ranking sites (US News & World Report, Consumer Reports, Leapfrog Group, and Healthgrades) and finds that there is virtually no consensus among the lists. 27 percent of the hospitals listed among the nation’s best were rated among the nation’s worst on one of the other lists.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…