Morning Headlines 5/9/23
NextGen Healthcare says hackers accessed personal data of more than 1 million patients
NextGen notifies over 1 million patients of a data breach in which hackers stole personal information by gaining access to its NextGen Office EHR and practice management software using stolen customer credentials.
Healthcare firm Premier explores strategic alternatives
Premier shares rise on the news that it has formed a special committee to consider strategic alternatives including a sale of part or all of the company, partnership opportunities, or recapitalization.
CareCloud Reports First Quarter 2023 Results
CareCloud attributes a 15% drop in Q1 revenue to a dip in professional services revenue, the absence of COVID-related RCM services, and customer migrations away from Meridian Medical Management, which CareCloud acquired in 2020.
I am surprised we've not seen more comments regarding the new FL law regarding patient data and offshore data storage…