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Morning Headlines 7/26/17

July 25, 2017 Headlines 1 Comment

Hospital stocks pounded on repeal vote, HCA disappointment

CHS shares plunged 10 percent, Tenet shares dropped 7.5 percent, and HCA shares fell 4.5 percent following a Senate vote to begin debate on repealing, but not replacing, the Affordable Care Act.

CHIME to Administer Healthcare’s Most Wired Hospital Survey

CHIME has been tapped by AHA to begin conducting the annual “Healthcare’s Most Wired” hospitals survey.

Meritus to invest $100M in electronic health records

Meritus Health (MD) will implement Epic across its health system at an estimated total project cost of $100 million and an anticipated Summer 2018 go-live.

Helix’s Bold Plan to Be Your One Stop Personal Genomics Shop

Helix, a spinoff company of market-leading genetic sequencing vendor Illumina, launches a platform offering consumers genome sequencing and medical insights delivered through an app store that will securely store a user’s sequenced DNA information and transmit it to third-party app developers through an API.

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Currently there is "1 comment" on this Article:

  1. Stock watcher. What to make of this? Health care providers have been aware of a potential ACA repeal for months. Even if there was a repeal, it would mean a smaller Medicaid population, and the associated charity care write-offs. What really matters is ACA triggered Medicare reimbursement reduction, and Commercial payers not increasing reimbursement for last 2 years even though providers face the usual Health Care inflation. That’s why stocks are falling. Would love to hear from others







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