The primary point of using the Cloud is using operating expenses vs limited capital ones and avoiding having to update…
Morning Headlines 7/25/19
Tenet to spin-off Conifer unit; shares up 3% premarket
Conifer Health Solutions CEO Stephen Mooney steps down as parent company Tenet Healthcare formalizes plans to sell off the RCM business by 2021.
JPMorgan Chase Closes InstaMed Acquisition
First announced in May, JPMorgan Chase wraps up its $500 million acquisition of healthcare payments software vendor InstaMed.
Cerner Reports Second Quarter 2019 Results
Cerner reports Q2 results: revenue up 5%, adjusted EPS $0.66 vs. $0.62, beating earnings expectations but falling short on revenue.
Health-tech start-up AliveCor poaches an Amazon director to be its new CEO
Heart health monitoring company AliveCor taps Amazon GM and Alexa director Priya Abani to be its CEO.
Correction: I believe the Instamed acquisition was $500 million, not $50 m.