Morning Headlines 4/4/14

Proposed health IT strategy aims to promote innovation, protect patients, and avoid regulatory duplication

HHS publishes the long-awaited health IT regulatory framework proposal. The report suggests that health IT products be separated into three risk-based categories, with the FDA regulating only the category that includes software with medical device-related health IT functions, such as bedside monitor alarms and radiation treatment software. The FDA would not regulate EHRs or systems that provide medication management, provider order entry, clinical results review, and clinical decision support.

GE Healthcare to Acquire Analytics Solutions Provider CHCA, Further Advancing Industrial Internet Mission

GE acquires Canada-based CHCA Computer Systems, which offers the Opera Surgical Management System.

M*Modal Reaches Agreement On Financial Restructuring Plan

MModal announces that it has reached an agreement on the terms of a financial restructuring plan that will reduce its debt by than 55 percent, or $350 million, and lead to a conclusion of its debt-restructuring plan within the next 120 days.

CRMC implements new electronic medical records system

25-bed Cherokee Regional Medical Center goes live on its $2 million Epic install across the hospital, with all outpatient clinics coming on board later this year.