It’s so funny watching Lotus Health get 40 million in the same week Carbon Health declares bankruptcy. There’s a sucker…
Morning Headlines 1/9/18
Practice Fusion, once headed for $1.5 billion valuation, ends in ‘disappointing’ fire sale
Allscripts will acquire Practice Fusion for $100 million in cash.
Allianz to invest $59 million in digital US healthcare provider
German insurance company Allianz will invest $59 million in American Well.
State approves UVM Health Network’s $151M records project
Vermont’s Green Mountain Care Board approves a request to implement Epic at four hospitals within the University of Vermont Health Network.
Anyone have any insight on to how this may affect Practice Fusion customers?
Allscripts will probably do what it does best. Layoff a big portion of the staff and try squeeze blood from a stone. They will try to cross-sell clients. Providers previously burned by Allscripts will like jump ship to ambulatory vendors committed to a single platform. Allscripts has reverted back to its old ways!