Morning Headlines 7/12/18

Alphabet and ResMed are spinning out a start-up to solve sleep apnea, a hidden health crisis

Alphabet’s Verily and ResMed will use “billions of night’s of data” to jumpstart a joint venture focused on diagnosing sleep apnea more effectively and helping patients better manage the condition.

Nurx raises $36 million and adds Chelsea Clinton to its board of directors

Birth control-focused telemedicine startup Nurx raises $36 million in a funding round led by Kleiner Perkins.

Medtronic says thousands of heart devices need software upgrades

The FDA publicizes Medtronic notices alerting providers that 39,000 implantable heart devices need software updates to avoid potentially adverse events.

Morning Headlines 7/11/18

Ingenious Med Announces Nimesh Shah as New CEO

Nimesh Shah (McKesson) replaces Joe Marabito as CEO of Ingenious Med.

Children’s Mercy faces class action lawsuit over data breach affecting thousands

Children’s Mercy Hospital (MO) faces another data breach-related lawsuit, this time pertaining to an email phishing scam that potentially exposed the data of 63,000 individuals.

Layoffs likely ahead at Henry Schein in latest move

Analysts predict health IT company Henry Schein, which recently spun off its animal health business, will downsize after a regulatory filing hints at plans to increase efficiencies.

Morning Headlines 7/10/18

AdvancedMD Completes Acquisition of NueMD

EHR and practice management vendor AdvancedMD acquires competitor NueMD for an undisclosed amount.

Verity Health System Announces Exploration of Strategic Options

A little over a year after Patrick Soon-Shiong’s NantWorks buys a controlling interest in Verity Health System, the California-based nonprofit decides to look at selling some or all of its six hospitals.

Cerner and Lumeris Will Launch Offering to Reduce Complexities for Health Systems Delivering Value-Based Care

Cerner and Lumeris develop combined technologies and services aimed at helping health systems succeed with Medicare Advantage programs.

Cass Regional Medical Center hit by ransomware attack

Cass Regional Medical Center (MO) shuts down its Meditech system after discovering a communications and IT data breach Monday morning.

Morning Headlines 7/9/18

UW Medicine Clinical Transformation: Approve Project, Budget, and Internal Lending Program (ILP) Funding

University of Washington Medicine prepares to move to a single EHR in a 30-month, $180 million project.

The one big winner of the Obamacare wars

Politico surmises that never-ending government healthcare changes and resulting uncertainty, especially those driven by the Affordable Care Act, have been a boon for consultants.

Health Insurers Warn of Market Turmoil as Trump Suspends Billions in Payments

The White House suspends the Affordable Care Act’s risk adjustment payments, which without further action will drive more insurers from the market and increase premiums.

Morning Headlines 7/6/18

New NHS app will make it quicker and easier to access health services

England’s NHS announces December 2018 availability of a new app that will allow all citizens to book doctor appointments, order prescription refills, manage chronic conditions, and make calls to its 111 non-emergency medical helpline.

Cleveland Clinic Patients Have New Way to Access Personal Health Records

Cleveland Clinic becomes the latest of several dozen health systems to participate in the Apple Health Records beta.

FDA Regulation of Mobile Medical Apps

A JAMA opinion piece by FDA officials describes the agency’s efforts to foster digital health innovation by pre-certifying vendors instead of individual products.

Morning Headlines 7/5/18

A new journal for sharing informatics innovations: introducing JAMIA Open

AMIA publishes the inaugural issue of its Gold Open Access journal that will showcase the best informatics research and applications.

Diagnosing Fractures With AI

A JAMA Network article describes FDA’s approval of Imagen OsteoDetect for diagnosing adult wrist fractures.

Predictive modeling of U.S. health care spending in late life

Medicare claims data analysis finds flaws with the idea that spending 25 percent of in the last 12 months of life is wasteful, instead concluding that deaths are not predictable and patient conditions are rarely defined as hopeless to support reduced spending.

Twitter can’t even celebrate Independence Day without misspelling the hashtag

The US Air Force, the First Lady, and the city of Boston are among the patriotic tweeters who misspell the hashtag as #IndependanceDay, possibly because of Twitter’s autofill feature propagating an earlier error.

Morning Headlines 7/4/18

UK-based Hg to buy Orion Health’s Rhapsody for $205 million

UK-based private equity firm Hg will buy Orion Health’s Rhapsody healthcare integration technology business for $138 million USD and will pay another $14 million to acquire a 25 percent share of its population health unit.

2018 Midyear Funding Review: Digital health déjà vu in yet another record breaking half

Rock Health says digital health investments are growing and are attracting more experienced investors, but IPO activity is down as companies remain privately held longer.

150,000 medical records shared against patients’ wishes in data system glitch

NHS Digital blames one of its technology vendors (TPP) for failing to send it patient opt-out requests

Cordova hospital averts loss of internet access

The Alaska critical access avoids its planned closure after a cut in federal broadband subsidies left it with a million-dollar annual bill.

Morning Headlines 7/3/18

VA looks to scrap Epic scheduling contract

Politico reports that the VA will not move forward with its MASS patient scheduling project – powered by Epic — despite recent assurances that a system-wide rollout would be much cheaper and faster than originally estimated, choosing to go with the equivalent Cerner modules instead.

Layoffs at Watson Health Reveal IBM’s Problem With AI

Employees of acquired companies Phytel, Explorys, and Truven are hit hardest by staffing cuts as laid-off IBM engineers claim that former KLAS-topping population health management technology vendor Phytel has lost half its customer base and 80 percent of its employees under IBM’s ownership.

Toolkit: Using Data Analysis To Calculate Opioid Levels and Identify Patients At Risk of Misuse or Overdose

HHS OIG releases a SAS-powered tool that allows health plans to analyze their prescription drug claims data to identify at-risk patients.

Netsmart Finalizes Acquisition of Change Healthcare Home Care and Hospice Solutions

Netsmart completes its acquisition of the solutions formerly owned by McKesson.

Morning Headlines 7/2/18

Why telemedicine has been such a bust so far

CNBC’s Chrissy Farr says lack of awareness, cost, and the desire for human interaction are responsible for the lack of widespread use of video visits.

T-System President and CEO Roger Davis resigns

The company confirmed the June 30 departure of Davis, but did not issue an announcement

As Part of National Healthcare Fraud Sweep, Los Angeles-Based Prosecutors Filed 16 Cases Alleging $660 Million in Fraudulent Bills

A former hospital owner is charged with paying $40 million in kickbacks over 15 years to generate $950 million in fraudulent hospital charges for surgeries, compounded drugs, home health services, and hospice care.

Medicare spent $2 billion for one drug as the manufacturer paid doctors millions

Claims analysis finds that 80 percent of the doctors who prescribe Acthar Gel are receiving checks from the company for speaking fees as the questionably useful drug’s cost has increased from $40 per vial in 2000 to $39,000 today.

Morning Headlines 6/29/18

Amazon acquires online pharmacy PillPack in move into health care

Amazon reportedly outflanks Walmart in buying the mail order pharmacy for a rumored $1 billion in cash.

Cerner to pay $4.5 million to settle overtime claims

Cerner settles an employee overtime lawsuit brought on behalf of the company’s delivery consultants and system analysts.

National Health Care Fraud Takedown Results in Charges Against 601 Individuals Responsible for Over $2 Billion in Fraud Losses

The Department of Justice and HHS OIG announce the biggest healthcare fraud enforcement action in history that crosses 58 federal districts.

VA Electronic Health Record Modernization: The Beginning of the Beginning

The House Committee on Veterans Affairs presses VA executives and Cerner President Zane Burke on the VA’s $16 billion project, which will see three hospitals going live in 2020.

Morning Headlines 6/28/18

Molina Healthcare Reaches Agreement with DXC Technology to Sell Medicaid Management Information Systems Business

Molina Healthcare will sell its Medicaid Solutions IS business to DXC Technology for $220 million.

‘Failure is not an option’: VA nominee Robert Wilkie told to fix the agency’s morale crisis

Members of the Veterans’ Affairs Committee tell VA Secretary nominee Robert Wilkie during his Senate confirmation hearing that the agency is in desperate need of leadership after the tabloid-like ouster of former Secretary David Shulkin, MD and nominee Ronny Jackson, MD.

Tampa Bay tech community pulls together to help displaced CareSync workers

Tampa, FL-based tech companies and associations are quick to publicize job openings and host job fairs in the wake of CareSync’s abrupt closure.

VA will have 3 Cerner-powered hospitals by 2020

Acting VA Secretary Peter O’Rourke tells lawmakers that the VA will begin deploying Cerner software at three hospitals this October, with full implementation expected by 2020.

Morning Headlines 6/27/18

GE Focuses Portfolio for Growth and Shareholder Value Creation

GE will spin off GE Healthcare into a standalone business as the struggling behemoth that yearns to be a “simpler, stronger GE” focuses on its aviation, power, and generator businesses.

New team assembled to unlock the innovation potential in healthcare data

Microsoft Healthcare hires Jim Weinstein, DO, MS (Dartmouth-Hitchcock) as head of innovation and health equity and Joshua Mandel, MD (Verily) as chief architect.

VA IT MODERNIZATION Preparations for Transitioning to a New Electronic Health Record System Are Ongoing

A GAO report finds that the VA was spending $1 billion per year maintaining VistA, and that work remains to define exactly what VistA is and how Cerner can replace the nearly 50 percent of VistA applications that don’t have a Cerner counterpart.

Greenway Health Announces Richard Atkin as the Company’s New CEO

Richard Atkin (Vista Equity Partners) replaces Scott Zimmerman as CEO of Greenway Health.

Morning Headlines 6/26/18

Outcome Health founders step down from board

After cutting its staff headcount by half and bringing on a new CEO, Outcome Health founders Rishi Shah and Shradha Agarwal step down from the board in an effort to “provide clear leadership transition for the new management team.”

Netgain Acquires iManaged Solutions to Expand "Specialized IT Cloud" Expertise

Healthcare cloud services company NetGain Technology acquires IManaged Solutions for an undisclosed sum.

State switches to electronic health records for prisons

Prisons in Connecticut will move from paper to GE Centricity medical record software.

Chief Health Informatics Officer

CMS looks to hire a chief health informatics officer who will develop health IT and information management strategy for CMS and HHS.

Morning Headlines 6/25/18

Health care IT company CareSync shuts down, laying off 292

The Tampa paper provides more details about CareSync’s abrupt closure last Thursday, including the fact that founder and CEO Travis Bond unexpectedly left the company several weeks before, and the interim CEO assured employees last Monday that the company was “on incredibly good financial footing.”

Amid cost cuts, Qualcomm eyes partial sale of health tech subsidiary Qualcomm Life

Cost-cutting Qualcomm is seeking a buyer for a majority stake in its Qualcomm Life subsidiary, which includes the 2net remote patient monitoring system and Capsule medical device integration platform.

Allscripts offering buyouts

Politico reports that Allscripts is offering voluntary retirement to a large number of employees.

Morning Headlines 6/22/18

Tech company once lauded for growth shutters Tampa office suddenly, leaves over 100 without jobs

Chronic care management company CareSync closes amidst bankruptcy rumors.

Wildflower Health Acquires Circle, an Innovative Mobile Health Business Incubated by Providence St. Joseph Health

Wildflower Health acquires Circle and its EHR-compatible pregnancy and parenting app for an undisclosed amount.

Developing Software Precertification Program: A Working Model

The FDA updates its software pre-certification program guidelines to emphasize benefits for startups and small companies that haven’t yet established a track record of reliable development.

Morning Headlines 6/21/18

GoodRx, a service for finding the best price on prescription drugs, is in sale talks for up to $3 billion

Prescription drug comparison pricing company GoodRx is reportedly in talks with several companies, including McKesson, to sell its assets for between $1.5 billion and $3 billion.

Amazon, Berkshire Hathaway and JPMorgan Chase Appoint Dr. Atul Gawande as Chief Executive Officer of Their Newly-Formed Company to Address U.S. Employee Healthcare

Surgeon, professor, and journalist Atul Gawande, MD will become CEO of Amazon, Berkshire Hathaway, and JPMorgan Chase’s new healthcare venture, effective July 9.

Special congressional panel to scrutinize VA’s medical records overhaul

Rep. Phil Roe, MD (R-TN) and Tim Walz (D-MN) will create a House Committee on Veterans’ Affairs subcommittee that will keep a close eye on the VA’s EHR overhaul and other major IT projects.

Morning Headlines 6/20/18

Quest Analytics Acquires BetterDoctor to Create First Health Plan Platform to Ensure Network Adequacy, Provider Data Accuracy and Improved Member Experience

Healthcare provider management and network access technology company Quest Analytics acquires provider management system vendor BetterDoctor.

Ascension Debuts Subsidiary to Help Other Companies Succeed Through Process Automation

Ascension’s shared services subsidiary launches Agilify, which will offer help with intelligent process automation.

Veritas Capital-backed Verscend to Acquire Cotiviti for $4.9 Billion

Verscend Technologies will acquire healthcare payments technology company Cotiviti for $4.9 billion.