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May 1, 2017 News No Comments

Top News

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Metamorphosis hurts: Athenahealth shares fall 20 percent in trading late last week following its report of Q1 results. Mr. H provides a recap of the investor call here.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre for information on webinar services.


Announcements and Implementations

RamSoft adds patient payment estimation and authorization capabilities from Availity to its RIS/PACS and Tele Plus technologies for radiology practices.

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Compulink Business Systems develops an all-in-one EHR, PM, and RCM solution for multispecialty ambulatory surgery centers.


People

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John Brooks III (Joslin Diabetes Center) joins Saturn Care as a business advisor.

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The Radiology Business Management Association elects Thomas Dickerson president and Christie James (Massachusetts General Physicians Organization) president-elect.

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Nordic promotes Vivek Swaminathan to president of its managed services division; Katherine Sager to EVP of consulting services; and Matt Schaefer to EVP of strategic services.


Acquisitions, Funding, Business, and Stock

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If, like me, wading through quarterly earnings reports and investor call transcripts leaves you barely able to tell EPS from EHR, try Quartz’s emoji guide to quarterly earnings. I would LOVE to see something similar written up about health IT vendors.


Telemedicine

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In an interview with the local paper, MDLive CEO Scott Decker predicts the company’s telepsychiatry services will eventually be as big as its offerings around urgent care for minor ailments. “It’s about 10 percent of our business now,” he adds. “I think its market is tremendously untapped. It could be as big as our core business over time, and it probably fits our model even better than a basic physician office visit. A virtual visit can take away the stigma that has been associated with behavior health issues.” Dekker also promised that dermatology services would launch sometime this summer.

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Athene Telehealth officially opens for business in New Jersey. Founded by CEO Freida Srisuk in 2016, the company offers its services primarily to long-term care and rehab facilities.


Other

I’ve been remiss in sharing Vince and Elise’s annual series on the state of the HIS physician practice market. You can find their market overview here, and their top 10 vendor review here

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Chicago-based health IT incubator Matter partners with Idiopathic Pulmonary Fibrosis philanthropy Three Lakes Partners to launch the $1 million IPF Catalyst Challenge. The contest aims to highlight new, high-tech oxygen therapy solutions, and management apps and tools for IPF patients and their caregivers.


Sponsor Updates

  • GE Healthcare partners with Partnerships for Affordable Health Access and Longevity to address the healthcare needs of underserved communities in India.

Blog Posts


Contacts

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