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Morning Headlines 5/25/16

Soon-Shiong: Why I’m investing $70.5M in Tribune

Healthcare billionaire Patrick Soon-Shiong invests $70.5 million in Tribune Publishing, parent company of the Los Angeles Times and Chicago Tribune, making him the second-largest shareholder, holding 12.9 percent.

New Clarification – $6.50 Flat Rate Option is Not a Cap on Fees for Copies of PHI

HHS clarifies that providers may charge a flat fee of $6.50 for patient record requests, or continue calculating a request fee based on allowable labor costs for either a specific request or for an average request.

Apple CEO Tim Cook reveals the Apple Watch’s ‘holy grail’

Tim Cook reports that Apple is “really focused” on health and that Apple Watch is the company’s plan for entering the market.

Founder and Former Practice Fusion CEO Unveils New Company – iBeat

Former fired Practice Fusion founder and CEO Ryan Howard launches a new company, iBeat, which will develop a wearable heart monitor.