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Morning Headlines 10/2/17

October 1, 2017 Headlines No Comments

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.

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Reader Comments

  • Woodstock Generation: Gotta love those O'Jays, hot pink suits et al. In other words, gotta love doo-wop, soul, and all those related sounds t...
  • Vaporware?: JTR, Cerner is re-tooling itself from a software company (sic) into a service company. The company needs a place to put ...
  • Dave Butler: Many similar issues that I've found as well during my time with provider groups. The EHRs screen can be really busy and ...
  • Justa Trench Rat: Nice to see Cerner continuing with their new campus. I am sure our implementation of their highly questionable revenue ...
  • FRANK POGGIO: Shows to go ya...answering black and white Jeopardy questions is a far cry from the massive grey area of medicine/pharma...
  • Number Cruncher: You are right AC. The cost is seriously underestimated here. Just looking at the numbers - $1 B for 5 years = $200 M ...
  • Abraham Van Helsing: Re Theranos. Will be interesting to follow the saga. As I and others had noted going back 2+ years, something was obvi...
  • Prof. Moriarty: Re: Watson pull out. I've not been directly involved with this product, but from its beginning I have always seen Watso...
  • mih: Of course they can, and for much much cheaper. But why would they do it? Existing arrangement works for everyone in the ...
  • Andrew M. Harrison: Thanks for (actually) reading our paper. I enjoyed the story of your friend, as well as the translation of numbers to em...

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