Home » Headlines » Currently Reading:

Morning Headlines 4/8/13

April 7, 2013 Headlines 4 Comments

HP’s Chairman Steps Down, Two Directors to Depart

John Hammergren, chairman, president, and CEO of McKesson, will leave HP’s board after 46 percent of shareholders opposed his re-election, due largely to a failed acquisition strategy that has resulted in $17 billion in losses since 2010.

Cambridge signs with Epic

Epic signs Cambridge University Hospital and Papworth Hospital, with go-live scheduled for October 2014.

Wake Forest Baptist has cost overruns, revenue loss with electronic records system

Wake Forest Baptist Medical Center cites struggles with implementing Epic as the primary reason for its nearly $50 million operational loss during Q2. Moody’s has downgraded the hospital’s credit rating from A1 to Aa3.

21 Most Admired Companies Making IT A Competitive Advantage

Health systems make up nearly 25 percent of the companies listed in the recently published report, “21 Most Admired Companies Making IT A Competitive Advantage.” Kaiser Permanente, HCA, Mayo Clinic, Cleveland Clinic, and Intermountain Healthcare all made the list.



HIStalk Featured Sponsors

     

Currently there are "4 comments" on this Article:

  1. Mr. H, why the articles on Epic in UK the past 2 posts? Isn’t that old news from a year ago?

    [From Mr H] Old news that they were selected, new news that the contract was signed, HP was named as the overseer, and the price was given.

  2. Interesting that Hammergren sat on a board for major PC maker, yet his company uses a competitor for all their internal PC’s. How big business amazes me.

  3. Wake Revenue Loss – HIMSSAnalytics shows Wake uses CPSI and McKesson Healthquest as their revenue/billing solutions. Who would have predicted that those applications wouldn’t play well with Epic? (Everyone!)

  4. Do stories like that of Wake’s only come to light when there’s a major associated event like the Moody’s downgrade to push it public? I wonder how many more scenarios (certainly not just Epic) like that are out there.

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

Text Ads


HIStalk Text Ads
Big audience, low price.
Seven lines on the
most talked about site
in the industry. Easy -
your ad starts in hours
and is seen by thousands
of visitors each day.

more ...

Advertise here
What’s your biggest red flag when evaluating a health IT vendor?

RECENT COMMENTS

  1. Hard agree with "actionless figure" - I realize that LinkedIn is the only mostly-non political form of social media we…

  2. Re: Counterforce - I didn't predict that the next front in the AI Wars would be healthcare prior authorization. UHG…

  3. The problem with the operating vs. capital expenses argument is that it is a purely financial argument. What is persistently…