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Morning Headlines 7/29/15

July 29, 2015 Headlines No Comments

Harvard tech guru funds collaborative medical software

A Harvard Business professor invests $8.4 million in digital health startup ACT.md, a company focused on building collaboration tools to improve handoff communications and care coordination among providers.

NantKwest a huge IPO, but watch the small float

In the largest biotech IPO in a decade, Patrick Soon-Shiong, MD’s NantKwest started trading on the NASDAQ today, opening at $37 per share for an initial market capitalization of $2.6 billion. Soon-Shoing acquired the company less than a year ago for just $48 million.

Community Hospital EHR  – 2015

Peer60 publishes survey results from 277 community hospital providers, finding that 20 percent of community hospitals are actively looking to replace their current EHR, with Epic, Cerner, and Meditech most frequently named as likely replacement vendors.

UMass Memorial Health Care plans big patient record upgrade

UMass Memorial Health Care CEO Eric Dickson, MD reports that the health system will invest $700 million over $10 years in its transition from Sorian to Epic, representing the largest capital investment in its history.

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Reader Comments

  • Sam Lawrence: Except in this case, coding = medical billing, not development. Though the same warning may be true...
  • BeenThere: Partners will find the savings from their cuts of coders as fools gold. There are a lot of hidden costs running an outs...
  • JC: If there is not there can be. VistA has a reference lab interface that can create the manifests/labeling and such as we...
  • Tom Cornwell: Great stuff from Dr. Jayne as usual. One small typo, last sentence of second-to-last paragraph: should be 'who's' not 'w...
  • HIT Observer: What I find most interesting here, is people defending their common practices rather than truly taking this as invaluabl...
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