Morning Headlines 8/7/13
Farzad Mostashari, M.D., ONC Chief, Stepping Down
Farzad Mostashari, MD will step down this fall after serving two years as the National Coordinator for Health Information Technology.
Reduction in federal funding will result in job cuts at many Vermont hospitals
Fletcher Allen Health Care (VT) will add 280 jobs over the next 10 years despite an expected $200 million operational loss. The job growth is attributed to its recently implemented Epic system.
Nuance cuts forecast on delayed deals, move to subscription
Nuance lowers its year-end forecast from $1.33 to $1.45 EPS to a revised $1.27 to $1.35 EPS, due largely to contract delays from mobile customers and a migration to a subscription-based revenue model. The news led to a six percent drop in stock price during after hours trading.
You know what will radically improve patient lives? Universal healthcare, access to housing, paid childcare, better public transport. Improve a…