Morning Headlines 8/8/17

Internet-based EHRs gaining some customers but still a small segment

Modern Healthcare reports that cloud-based EHRs are increasing in popularity due to a perceived advantage in staffing and cybersecurity.

Anthem takes harder line on ER visits

In an effort to reduce unnecessary ER visits, Anthem warns its customers that it may start denying non-emergency ER services, leaving patients with the bill.

A shift in the fitness wearables market spells trouble for Fitbit

Fitbit’s share of the wearables market dropped from 27 to 16 percent in the last year, as Chinese consumer electronics manufacturer Xiaomi continues to expand its marketshare.

Tenet Reports Results for the Second Quarter Ended June 30, 2017

Tenet Healthcare Corporation reports Q2 results: revenue dropped 1.4 percent to $4.8 billion, resulting in an overall net loss of $56 million. Adjusted EPS –$0.17 vs. $0.40. Tenet also lowered its forecasted annual revenue, citing low patient volumes, which sent stock prices down 10 percent in afterhours trading Monday.