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Morning Headlines 6/18/18

June 17, 2018 Headlines No Comments

Elizabeth Holmes indicted on wire fraud charges, steps down from Theranos

The US Attorney indicts Theranos founder and CEO Elizabeth Holmes and former President and COO Sunny Balwani for fraud, charging that as Theranos executives, they knew that the company’s blood testing technology was unreliable and was not competitive with conventional lab testing.

Citing weak demand, IBM Watson Health to scale back hospital business

IBM Watson Health executives tell employees that the company will scale back its hospital pay-for-performance tools business.

UK report warns DeepMind Health could gain ‘excessive monopoly power’

An external review raises red flags over DeepMind Health’s control over NHS data streamed between its real-time, care communication Streams app and future third-party developers.

Walgreens to Move Approximately 1,800 Positions to New Chicago Office

Walgreens will employ 1,800 staffers at a new office in Chicago that will accommodate its expanding Technology Center of Excellence.

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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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