Athenahealth shares jump 8 percent on news of the company’s layoffs and cost reduction plan. In its earnings call, CEO Jonathan Bush attributes slow sales to “lackluster market conditions in the post-Meaningful Use era.”
On Tuesday, a ransomware attack at FirstHealth of the Carolinas forces end users onto downtime procedures. Security analysts have identified the malware as a new form of the “WannaCry” virus.
The former CTO of a Cleveland Clinic Innovations spinoff is arrested on fraud charges just nine days after the former director of Cleveland Clinic innovations Gary Fingerhut was arrested in connection with the same scheme.