Cognizant Technology Solutions Corp. said Monday that it agreed to acquire TriZetto Corp. for $2.7 billion in cash to gain more market share in healthcare technology services, WSJ reports. The combined company will have more than $3 billion in healthcare revenue, as well as an additional $1.5 billion in potential revenue over the next five years. Currently, healthcare accounts for 26% of Cognizant's revenue totaling $8.84 billion last year. The deal is expected to close in the fourth quarter.
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Health IT | News, Analysis, Insights - HIT Consultant
9th Annual National Health IT Week Kicks Off Today
From Sept. 15-19, 2014, healthcare industry and policy stakeholders will convene for the Ninth Annual National Health IT Week, a collaborative forum for public and private healthcare constituents to discuss the value of health information technology (IT) for the U.S. healthcare system. Key events this week include:
Monday
2014 Annual Consumer Health IT Summit - The 2014 Consumer Health IT Summit will bring together federal and private sector leaders working to enable consumers to be better
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Health IT Interoperability: The 21st Century’s Golden Fleece
Frank Speidel, MD shares his insights on how a defined IT architecture is a essential solution to achieving health IT interoperability.
Jason, mythic hero prior to the Greek Dark Ages, was tasked to find the Golden Fleece before he could claim his throne. For this quest, Jason recruited other Greek heroes, Hercules, Orpheus, Castor and Pollux, to name a few of the Argonauts.
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Epic Retains Lobbyists To Improve Its Interoperability Image on Capitol Hill
EHR juggernaut Epic Systems has hired lobbyists Card & Associates to improve its reputation of not being interoperable with other EHR systems on Capitol Hill, Modern Healthcare reports. According to the federal Lobbying Disclosure Act database, Epic retained the firm in August to "educate members of Congress on the interoperability of Epic's healthcare information technology.” In a recent July hearing, Rep. Phil Gingrey (R-Ga.) claimed Epic's System were "closed records" utilizing a RAND
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M*Modal Unveils New ICD-10 Provider Coding Services
To help the healthcare industry address medical coder shortages in advance of the ICD-10 mandate, while preserving accurate revenue realization, M*Modal today announced the availability of comprehensive outpatient medical coding services. M*Modal’s technology-enabled services program combines coding experts with advanced cloud-based solutions to deliver quality results with fast-turn-around time, enabling organizations to offload high-volume outpatient coding, increase productivity and
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HHS Issues Final Rule For Additional Flexibility for EHR Certification
Health information technology (IT) developers, providers and consumers will get more flexibility through a final rule issued today by the Office of the National Coordinator for Health IT (ONC) at the U.S. Department of Health and Human Services.
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HIMSS Analytics Honors Naples Community Hospital With Stage 7 Award
The HIMSS Analytics Stage 7 award honors hospitals operating in a paperless environment and representing best practices in implementing EMR
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3 Keys to Maximizing the ROI of Your EHR
A 2013 study from the University of Michigan School of Public Health finds that practices that implement an EHR without a laser focus on enhancing revenue and cutting costs are likely to lose more than $43,000 over five years. In other words, 73% of those surveyed failed to see a ROI.
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DoctorBase CEO Talks Health Tech Entrepreneur Hardships
DoctorBase’s CEO John Kim shares lessons learned and explains why it takes more than experience for health tech entrepreneurs to find success in the health tech industry.
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PwC to Proposes Open Source EHR for DoD EHR Modernization Project
On Friday, PwC announced it will partner with Medsphere, DSS, Inc. and General Dynamics Information Technology to bid on the $11B DoD EHR Modernization Project. PwC plans to combine its healthcare operational and transformation capabilities with commercial EHR vendors DSS, Inc. and MedSphere, and systems integrator General Dynamics Information Technology to offer an 'open source' EHR promoting greater ease of integration with existing DoD legacy systems as well as unlimited access to ongoing
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