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Morning Headlines 11/2/18

November 1, 2018 Headlines No Comments

The VA Shadow Rulers’ Signature Program Is “Trending Towards Red”

ProPublica highlights the political power struggles and leadership mismanagement surrounding the VA’s no-bid, $10 billion Cerner project, prompting the software vendor to preemptively warn veterans groups of negative media coverage.

McKesson says Chairman/CEO Hammergren to retire, succeeded by Tyler

McKesson CEO John Hammergren will retire on March 31, 2019, to be replaced by President/COO Brian Tyler.

NextGen Healthcare Inc (NXGN) CEO Rusty Frantz on Q2 2019 Results – Earnings Call Transcript

NextGen Healthcare CEO Rusty Frantz reports Q2 results that beat earnings expectations but fall short on revenue, adding that the company is making a push to upgrade the 50 percent of its clients that are on older product versions.

Allscripts stock drops as quarterly results miss Street view

Allscripts reports Q3 results: revenue up 16 percent, EPS $-0.20 vs. –$0.16, missing Wall Street expectations for both.

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