Morning Headlines 11/6/19
Medical E-Records Provider Scores $19.5M IP Verdict in Miami
A federal jury orders behavioral EHR vendor ZenCharts to pay rehab EHR provider Kipu Systems $19.5 million in damages for stealing its trade secrets.
NThrive will eliminate 839 jobs in central North Carolina following Wake Forest Baptist Medical Center’s decision to bring registration and billing back in house after signing a seven-year outsourcing deal with the vendor in 2017.
Failure to Encrypt Mobile Devices Leads to $3 Million HIPAA Settlement
University of Rochester Medical Center (NY) will pay $3 million to settle OCR charges resulting from the 2013 loss of an unencrypted flash drive and the 2017 theft of an unencrypted laptop.
Healthify Raises $16 Million to Integrate Health and Social Services
Social services coordination software vendor Healthify raises $16 million in a Series B round led by SV Health Investors.
Walgreens explores going private in what could be largest LBO in history
Walgreens is reportedly talking to some of the world’s largest private equity firms about taking the company private in a leveraged buyout.
Ageed Mike, "patients are the widgets that must be processed" additionally when it costs close to $3,700 a month for…