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May 12, 2015 Headlines 1 Comment

Health Information Companies HealthPort and IOD Incorporated to Merge

HealthPort and IOD, both health information management vendors, will merge, creating a single company with a combined revenue of $450 million and a customer base of 18,000 health care facilities in the US.

McKesson Reports Fiscal 2015 Fourth-Quarter and Full-Year Results

McKesson reports Q4 and FY2015 year end results: full-year revenue up 30 percent  to $179 billion. Q4 revenue up 19 percent to $4 billion, adjusted Q4EPS $2.94 vs. $2.71, beating expectation on both.

New machine could one day replace anesthesiologists

The Washington Post reports on an FDA-approved anesthesia machine that can automate sedation and could one day replace the need for an anesthesiologist when performing routine procedures.  An Anesthesiologists’ fee for sedation during a colonoscopy averages $2,000, but the machine can perform the same task for just $200.

An end-to-end hybrid algorithm for automated medication discrepancy detection

A study evaluating the use of natural language processing and machine learning algorithms to support medication reconciliation processes found that by analyzing notes and prior prescription lists within the patient chart, the algorithms were able to increase accuracy and reduce manual labor.

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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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