Regarding the 99% drop in AmWell stock -- True fact--I mad a profit buying AmWell on a dip once, and…
Morning Headlines 11/20/17
VA exploring idea of merging health system with Pentagon
The VA is exploring the possibility of merging the VA’s Choice program, which allows some veterans to receive care from private doctors, with the DoD’s Tricare health insurance program.
The Advisory Board Company Stockholders Approve Merger Agreement With Optum
Optum completes its acquisition of the Advisory Board. Optum will retain the Advisory Board’s healthcare business unit, and sell its education business unit to Vista Equity Partners.
Health Giant Sutter Destroys Evidence In Crucial Antitrust Case Over High Prices
A California Superior Court judge finds that Sutter Health intentionally destroyed 192 boxes of documents that employers and labor unions were seeking, “knowing that the evidence was relevant to antitrust issues.”
Computer system upgrade causing delays at Banner’s Tucson hospitals, clinics
Banner Health’s Tucson-based hospitals are working through operational delays following its October 1 Cerner go-live. John Hensing, MD and chief clinical officer for the health system, says that he expects operations to return to normal by the end of the year.
Interesting that Banner is encountering the same problems with Cerner that the prior owner encountered with Epic. Could it be the staff? Leadership? Of course, not, blame it on the EHR and ISS!