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Morning Headlines 12/26/17

December 25, 2017 Headlines No Comments

Theranos gets $100 million in debt financing to carry it through 2018, with some caveats

Fortress Investment Group, a New York-based private equity firm, issues a $100 million debt financing round to Theranos, subject to hitting product and operational milestones. CEO Elizabeth Holmes reports that the new funding provides the company “sufficient liquidity through 2018.”

Health insurer Oscar nears $1 billion in revenue

Next year, Oscar Health anticipates hitting 250,000 subscribers in New York and California and revenue of $1 billion.

Family doctors call for guaranteed access to EMR data for research and quality improvement

The College of Family Physicians of Canada, along with the Canadian Primary Care Sentinel Surveillance Network and the University of Toronto Practice-Based Research Network, are lobbying against EHR vendors over information blocking tactics that are preventing clinicians from accessing data.

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Reader Comments

  • 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...
  • Mike: I would love to see this type of discussion around Blockchain. It is being hyped heavily currently. Yet, I wonder how we...

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