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Morning Headlines 8/10/18

August 9, 2018 Headlines No Comments

Pathways To Success: A New Start For Medicare’s Accountable Care Organizations

CMS Administrator Seema Verma summarizes the 600-page, just-published proposed rule that would overhaul the Medicare Shared Savings Program.

Amazon has plans to open its own health clinics for Seattle employees 

Amazon will open primary care clinics for employees at its Seattle headquarters with a pilot getting underway this year.

Connecting to Epic: Un-Users Group Meeting

Epic will hold its first Un-Users Group Meeting at its Verona campus on September 26, with an agenda aimed at non-Epic using provider leaders who want to exchange information with Epic customers.

UnitedHealth in second round of bidding for athenahealth

UnitedHealth Group, Bain Capital, and TPG are among the second-round bidders in the running to acquire Athenahealth.

Morning Headlines 8/9/18

August 8, 2018 Headlines 1 Comment

CVS Health’s MinuteClinic Introduces New Virtual Care Offering

CVS Health adds MinuteClinic-branded virtual consults from Teladoc to its CVS Pharmacy app.

Northwestern Medicine lays off 60 IT workers after launch of new electronic medical records system

After hiring “hundreds” to implement its Epic system, which went live in March, Northwestern Medicine (IL) reorganizes and lays off 60 IT employees.

OpenEMR security flaws could have exposed millions of patient records

OpenEMR patches nearly 20 security vulnerabilities brought to its attention by a team of Project Insecurity researchers.

Morning Headlines 8/8/18

August 7, 2018 Headlines No Comments

Digital health start-up Zocdoc is wrestling with a price change that could cripple doctors

Doctor appointment booking service Zocdoc postpones its announced pricing changes after practices complain about being charged for each booked appointment instead of paying just an annual fee.

Bluetree Network, an Epic consultant firm, adds staff, branches out

Bluetree Network moves to a 15,000-square-foot office in Madison, WI as it expands headcount to an eventual 450 and annual revenue to $55 million.

GoodRx valued at about $2.8 billion after Silver Lake investment, sources say

Prescription discount card vendor GoodRx takes a private equity investment that values the company at $2.8 billion.

Tenet shares dive 15% as company reveals subsidiary sale still in process

Tenet Healthcare misses its self-imposed deadline concerning the sale of subsidiary Conifer Health Solutions, sending shares tumbling by over 15 percent during Tuesday trading.

Morning Headlines 8/7/18

August 6, 2018 Headlines No Comments

Careexpand to Transition Its Full-Service Chronic Care Management Business to Chronic Care Management, Inc.

Chronic Care Management acquires Careexpand’s CCM assets for an undisclosed amount.

Apple records keep on expanding

Apple Clinical & Health Informatics Lead Ricky Bloomfield announces that several new health systems have joined the company’s health record project, including Texas Health Resources and UCLA Health (CA).

In a first for Michigan, Henry Ford Health signs direct contract with GM

Henry Ford Health (MI) signs its first direct contract with an employer, touting Epic’s MyChart as a patient perk for GM employees.

Morning Headlines 8/6/18

August 5, 2018 Headlines No Comments

Allscripts Healthcare Solutions (MDRX) Q2 2018 Results

Allscripts will sell its joint venture stake in behavioral technology vendor Netsmart.

LRHC taking steps to seek new electronic health records software

Lexington Regional Health Center (NE) gets board approval to replace its unnamed EHR vendors, explaining that it can’t deal with poorly integrated integrated inpatient, ambulatory, and ED systems and such systems hurt its recruiting efforts.

SmartER Acquires ConciergeStat

Patient engagement software company SmartER acquires care coordination tech vendor ConciergeStat for an undisclosed amount.

Morning Headlines 8/3/18

August 2, 2018 Headlines No Comments

Global Payments to Acquire AdvancedMD, a Leading Provider of Cloud-Based, Enterprise Software Solutions to Physician Practices

Global Payments will acquire AdvancedMD from Marlin Equity Partners for $700 million.

Jury Convicts Man Who Hacked Boston Children’s Hospital And Wayside Youth & Family Support Network

A federal jury convicts Martin Gottesfeld for masterminding DDOS attacks on Boston Children’s Hospital and Wayside Youth and Family Support Network (MA).

Go-Live Support 2018 The Bar Has Been Raised; Which Firms Can Meet It?

A new KLAS report covering go-live support finds that Medasource, Optimum Healthcare IT, and CSI Healthcare IT are top satisfaction scorers.

Cerner Reports Second Quarter 2018 Results

Cerner reports Q2 results: revenue up 6 percent, adjusted EPS $0.62 vs. $0.61, beating analyst expectations for both.

Morning Headlines 8/2/18

August 1, 2018 Headlines No Comments

Cannae Holdings, Inc. Announces T-System’s Appointment of New Chief Executive Officer

Bob Wilhelm (Adreima) joins emergency and urgent care IT vendor T-System as CEO.

Silicon Valley just made this South Florida company a whole lot richer

MDLive raises $50 million in a funding round led by Health Velocity Capital.

Mediware® Acquires BlueStrata EHR

Health and human services health IT vendor Mediware Information Systems acquires long-term, post-acute care-focused BlueStrata EHR.

Verana Health Raises $30 Million Series C Led by GV to Accelerate Innovation in Healthcare

Verana Health secures $30 million and brings on new CEO Miki Kapoor (Tea Leaves Health).

Morning Headlines 8/1/18

July 31, 2018 Headlines No Comments

Virginia Launches First-in-the-Nation Program to Connect Emergency Departments Across the Commonwealth

Virginia launches the Emergency Department Care Coordination Program, using Collective Medical technology to connect EDs across its 129 hospitals.

athenahealth Reports Second Quarter Fiscal Year 2018 Results

Athenahealth reports Q2 results: revenue up 10 percent, adjusted EPS $1.08 vs. $0.51 (both based on a new revenue recognition standard), beating earnings estimates but falling short on revenue.

Teladoc Announces Corporate Name Change to Teladoc Health

Teladoc will change its name to Teladoc Health.

MEDICAL INFORMATION TECHNOLOGY, INC. SHAREHOLDER INFORMATION JULY 31, 2018

Meditech reports Q2 results: revenue up 7.1 percent, EPS $0.65 vs. $0.39.

Ancestry and 23andMe Agree to Rules on Providing DNA to Third Parties

Ancestry.com and 23andMed will provide consumers with a separate consent form to convey their permission for their genetic information to be shared with third parties.

Morning Headlines 7/31/18

July 30, 2018 Headlines 1 Comment

Stipulated Penalties and Exclusion for Material Breach

OIG fines EClinicalWorks $132,500 for failing to report patient safety issues as reportable events, per its corporate integrity agreement signed as part of its $155 million settlement with the DoJ last year.

Trump Picks Marine Vet To Take Over Veterans Affairs IT

President Trump nominates Marine Corps veteran James Gfrerer to be the VA’s assistant secretary for IT, commonly referred to as its CIO.

CMS Shares MA Data with Wonks

CMS finally releases an initial year’s worth of Medicare Advantage data with help from health data research organization CareSet.

Morning Headlines 7/30/18

July 29, 2018 Headlines 3 Comments

Defense Healthcare Management System Modernization – Standard Solution Baseline

The DoD justifies paying Leidos up to $1.1 billion more for its EHR implementation by mentioning the unstated cost of adding the Coast Guard while redacting the list of “as a service” requirements and their associated costs.

Vocera Announces Second Quarter Revenue of $42.7 Million

Vocera announces Q2 results: revenue up 8 percent, adjusted EPS $0.09 vs. $0.02.

Beyond Dr. Google: the evidence on consumer-facing digital tools for diagnosis

A literature review finds that consumer-facing diagnostic websites and apps are poorly supported by clinical studies and sometimes offer low accuracy rates.

Morning Headlines 7/27/18

July 26, 2018 Headlines No Comments

Startup Raises $100 Million To Allow College, Hospital And Business Bills To Be Paid In Foreign Currency

Financial technology vendor Flywire raises $100 million in a Series D funding round.

CMS Empowers Patients and Ensures Site-Neutral Payment in Proposed Rule

CMS’s proposed outpatient reimbursement takes aim at hospitals that have bought physician practices to take advantage of a billing loophole that allows them to immediately raise prices by declaring the practice a hospital outpatient department.

Mon Health Medical Center freeze staff salary, begin improvement plan due to ‘significant financial challenges’

Mon Health Medical Center (WV) freezes employee pay as it begins implementing an operations improvement plan, which includes rolling out a new EHR at its ambulatory facilities.

Morning Headlines 7/26/18

July 25, 2018 Headlines No Comments

IBM’s Watson supercomputer recommended ‘unsafe and incorrect’ cancer treatments, internal documents show

Internal IBM documents reveal that Watson Health employees and customers identified “multiple examples of unsafe and incorrect treatment recommendations” as the company promoted the software to prospects.

Some Epic workers will continue to fight for overtime pay as individuals

Epic employees working in quality assurance and tech writing begin filing individual overtime claims after the Supreme Court ruled they cannot file them as a group.

Patientco Primed to Help More Health Systems Rethink Patient Payments with Strategic Growth Investment Led by Accel-KKR

Patient billing company Patientco raises $28 million in a Series B round.

Trump Administration, in Reversal, Will Resume Risk Payments to Health Insurers

The White House reverses its decision to suspend the Affordable Care Act’s risk adjustment payments, citing the need to keep payers from becoming insolvent or withdrawing from the market.

Morning Headlines 7/25/18

July 24, 2018 Headlines 1 Comment

Pentagon to Increase Health Records Contract Ceiling By Another Billion

The Department of Defense will increase its EHR contract ceiling by $1.1 billion in expanding MHS Genesis to cover implementation of Cerner by the Coast Guard.

Identity Automation Announces Acquisition of HealthCast Inc.

Identity and access management technology vendor Identity Automation acquires HealthCast, which offers single sign-on and virtual desktop systems for healthcare.

Making healthcare better for everyone—including providers

Google Cloud announces that former Cleveland Clinic President and CEO Toby Cosgrove, MD has signed on as an advisor to its healthcare and life sciences team.

Scoop: 23andMe is raising up to $300M

23andMe prepares for the sale of up to $300 million in new shares, potentially driving up its value to $2.5 billion.

Morning Headlines 7/24/18

July 23, 2018 Headlines No Comments

Senate Confirms Pentagon Official To Head Veterans Affairs Department

The Senate confirms Robert Wilkie as VA secretary in a vote of 86 to 9.

Cerner adds 100 more employees on its way to hiring 600 in KC

Cerner fills half of the 600 positions it announced it would staff as part of its new CernerWorks managed services business.

Theranos Investors, Founder Holmes Resolve Shareholder Suit

Theranos founder Elizabeth Holmes settles a 2016 lawsuit brought by disgruntled shareholders who had indirectly invested in the company through investment funds.

Morning Headlines 7/23/18

July 22, 2018 Headlines No Comments

NHS to receive £487m technology boost

In England, new Health Secretary Matt Hancock pledges his support for NHS modernization and announces $640 million in new technology funding.

Samsam infected thousands of LabCorp systems via brute force RDP

LabCorp is close to fully restoring its systems after they went offline in a July 13 ransomware attack.

Banner Health’s Tucson computer conversion yielded reports of medical errors

Banner Health’s $45 million conversion to Cerner caused medical errors and staff frustration, although hospital officials said delays in patient registration, lab ordering, and medication ordering and delivery didn’t harm patients.

SingHealth’s IT System Target of Cyberattack

Singapore says hackers stole the information of one-fourth of its population, 1.5 million people, in an attack involving its SingHealth clinics.

Morning Headlines 7/20/18

July 19, 2018 Headlines 1 Comment

What can health systems do to encourage physicians to embrace virtual care?

A Deloitte physician survey finds that while both consumers and doctors recognize the benefits of virtual care, most consumers haven’t had a virtual visit and only 14 percent of doctors offer them.

CEO Gawande’s first task: a road trip to hear firsthand about workers’ health challenges

Atul Gawande, MD — head of the still-unnamed healthcare joint venture among Amazon, Berkshire Hathaway, and JPMorgan Chase — will embark on a cross-country listening tour to gauge the healthcare concerns of employees at the three companies.

Survey: Progress on Patient Safety Slowed by Ineffective Technology, Healthcare Professionals Say

A Health Catalyst survey on patient safety efforts across care settings finds that ineffective IT combined with a lack of real-time alerts is the biggest impediment to reducing medical errors.

Morning Headlines 7/19/18

July 18, 2018 Headlines No Comments

UnitedHealth Is Among Suitors Circling Tenet’s Conifer Business

Tenet Healthcare considers selling its Confer Health Solutions business to UnitedHealth Group in a deal that could be worth $2 billion.

HHS Secretary Azar Announces Senior Advisor for Fourth Departmental Priority

Adam Boehler, director of the Center for Medicare & Medicaid Innovation, takes on the additional HHS role of senior advisor for value-based transformation and innovation.

Israel grants $33 million to GE, Medtronic, Change Healthcare to boost R&D

Israel’s Innovation Authority will award $33 million over six years to Change Healthcare, GE Healthcare, and Medtronic as part of a program to attract digital health companies to the country.

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Reader Comments

  • Anon: Epic did a big enhancement a year or two ago to replace their single "sex" field with an entirely new series of fields t...
  • TH: I don't think anyone would disagree with you on this. Changing the behavior of core demographic information (like name ...
  • Anonymous: RE: the AMA calling for inclusive EHR. I am not arguing against this, but from my experience it can be quite a lot of ...
  • What: Interesting that Cerner and Kareo, two very different EHR vendors, are both getting out of outsourced billing. CPSI seem...
  • Justa CIO: Regarding the layoff advice...as others have commented, it is on the money. I have learned and I hope some of your read...
  • Sam Lawrence: RE: suing your employer. Savage assessment, but completely spot on....
  • Rooks Ben: I agree with many of your observations about lay-offs. It's happened a few times to me and, while it sounds cliché, eac...
  • Mercenary: You should feel good about filing for unemployment as it is the only way for you to get back at the soulless corporation...
  • GoodLuck: Clinical Decision Support has got to be health IT on hard mode. All of the normal IT challenges + a high stakes environm...
  • Woodstock Generation: What a nice way to start a Monday morning with the above posts!...

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