Morning Headlines 10/2/17

Trump’s breaking point with Price

HHS Secretary Tom Price, MD resigns amid public outrage over his use of taxpayer funded private jets for personal travel.  Don Wright, MD and assistant secretary for HHS, will serve as acting secretary until a permanent replacement is named.

VA close to awarding Cerner contract for new EHR

VA Secretary David Shulkin notifies Congress of his intent to award a no-bid contract to Cerner within 30 days as part of the VA’s modernization roadmap.

US jury cuts damages in TCS-Epic trade secrets lawsuit

A Wisconsin court cuts the damages awarded to Epic in its trade secrets suit against India-based Tata Consultancy Services rom $940 million to $420 million, citing a Wisconsin law limiting punitive damages to twice the compensatory damages.

Temple University Health System: Financial Summary

Temple University Health System (PA) reports a $22 million year-over-year decline in net income, despite recording a $68 million increase in net patient services revenue over the same period. Temple attributes the decline in net income to its Epic implementation at Temple University Hospital.