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Morning Headlines 10/13/17

October 12, 2017 Headlines 2 Comments

Outcome Health, a hot $5 billion startup, reportedly misled its advertisers

Outcome Health, a Chicago-based healthcare startup, reportedly raised a $500 million funding round on a $5 billion valuation that was based on misleading performance metrics and falsified growth data. The company creates patient education videos intermixed with pharmaceutical ads to be played in doctor’s office waiting rooms.

Trump begins Obamacare dismantling with executive order

President Trump signs an executive order that will create new, non-ACA regulated purchasing options for individuals shopping for health insurance plans. Advocates say sidestepping the ACA marketplaces will free payers to offer lower priced plans that do not comply with ACA protections, while critics say the move is aimed at gutting the ACA individual marketplaces of the younger, healthier demographic needed to sustain a market.

#CHC17 Day 4 Recap

At its annual user conference, Cerner’s President Zane Burke announces that CommonWell services will remain free to Cerner clients for an additional three years, through 2020. The network now holds 60 million patient records.

Doctors Feel Excluded from Health Care Value Efforts

A Harvard Business Review article by two Bain & Company’s healthcare partners argues that providers are not eager to embrace alternative payment models because they have been routinely excluded from the decision-making process.

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Currently there are "2 comments" on this Article:

  1. I wish it was possible to short private companies somehow…seriously I’m open to suggestions. I never understand how these crappy HIT startups get these massive valuations roughly in the same neighborhood as Epic’s valuation and Cerner’s market cap. $5 billion for a company that plays ads in waiting rooms…? In a day and age when we’re developing analytics and patient access tools so that patients spend as little time as possible in waiting rooms? Or maybe the future of healthcare delivery will be like Hulu. Monthly premiums + watching 90 seconds of ads before you can see your provider.







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Reader Comments

  • EHR Guy: I enjoyed your comments about Epic and their CEO Judy. In watching and being in the industry over the years as Epic has ...
  • EHR Guy: how so... Pretty straight forward. Please explain if you are going to comment....
  • EHR Gal: This was incoherent. Please edit and try again....
  • EHR Guy: I enjoyed your comments about Epic and their CEO Judy. In watching and being in the industry over the years as Epic has...
  • KP Alum: Re the Kaiser Permanente medical school: I think it makes a lot of sense for them to train physicians in how Permanente ...
  • EHRVendor: Good article, unfortunately, this lost credibility when Athenahealth was considered one of the five major EHR Vendors le...
  • Patient advocate: Hi. I don’t see our organization on the Commonwell slide. We have gotten a lot of value from the tool and have ac...
  • Anonymous: I worked for Cerner at the time of the fire, and Cerner had a few dozen associates at the Feather River facilities. Both...
  • monica: 'Champions of Heath' that is perfect and says more about the whole rebranding strategy in 3 words than I could in a para...
  • Bill Spooner: It would be great to know about healthcare costs and outcomes in China, India and Norway, to learn how the various care ...

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