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Morning Headlines 5/4/16

May 3, 2016 Headlines No Comments

IMS Health and Quintiles to Merge

Quintiles, the parent company of Encore Health Resources, will merge with IMS Health, resulting in a company with $7 billion in annual revenue.

Imprivata Announces First Quarter 2016 Financial Results, Revenue Growth of 23%

Imprivata reports Q1 results: revenue climbed 23 percent to $25.6 million, adjusted EPS –$0.21 vs. $-.24.

How a tiny hospital has imperiled Mass. Medicare funds

Hospitals in Massachusetts face a potential ten percent drop in Medicare funding after consultants hired by the state’s only rural hospital, 19-bed Nantucket Cottage Hospital, miscalculate annual wage costs which are used by Medicare as a baseline for all hospitals in the state.

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Reader Comments

  • David Butler: I absolutely love this article! I'm fairly new to following HIStalk and Dr. Jayne (and the various portions of the site...
  • MiroslavB: Great insights - Thanks Ed !...
  • SteveS: I’d like to hear more from Ed about his perspective on the current state of “Professional Organizations” – in te...
  • Brian Too: Nice to hear from a small hospital for a change. We hear lots from the large players and consolidation has meant that b...
  • 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...
  • Bob: There's no incentive for the provider to spend time doing a price comparison for the patient. Nor is it a good use of th...

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