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Morning Headlines 10/23/17

athenahealth’s CEO Jonathan Bush on Q3 2017 Results

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.”

FirstHealth Computer Network Threatened by Malware Virus

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.

Cleveland Clinic spinoff company executive arrested, charged with defrauding hospital out of $2.8 million

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.