Cloud-based EHR platform Practice Fusion has laid off about 75 employees, including people in engineering, marketing, practice sales in an effort to become fiscally responsible, Techcrunch confirms. The layoffs were announced on Wednesday during an all-hands meeting and represents about a quarter of the San Francisco-based EHR provider’s workforce.
Despite its efforts to become cash-flow positive, Practice Fusion reported 70% year-over-year growth with $26.9M in 2014 and is expected to reach
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Electronic Health Records (EHRs) | Electronic Medical Records (EMRs) | News, Analysis, Insights - HIT Consultant
MidMichigan Health Selects Epic for $55M Integrated EHR
Midland, Michigan-based MidMichigan Health announced it has selected Epic as its strategic partner for a single, integrated EHR for all of its hospitals, doctors’ offices and outpatient care facilities. The Epic implementation is expected to cost $55M and the non-profit health system expects to recoup those costs within six years through efficiencies gained by bringing all MidMichigan Health-owned facilities onto the same platform for registration, scheduling and billing.
“Our current state
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Nextech Acquires Plastic Surgery EHR SupraMed
Nextech Systems, a provider of specialty-focused healthcare technology solutions for physician practices has acquired plastic surgery EHR and office management provider SupraMed. The acquisition further cements Nextech's dominance in the plastic surgery market and demonstrates its commitment to delivering top-tier specialty-specific EHR and practice management solutions. Financial terms of the acquisition were not disclosed.
SupraMed's web-based practice management technology complements
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New Crossroads: Interoperability, Meaningful Use, Transformation, and Our Future
Editor's Note: D’Arcy Guerin Gue is a co-founder of Phoenix, with over 25 years of experience in executive leadership, strategic planning, IT services, knowledge leadership, and industry relations — with a special focus on patient engagement and federal compliance issues. She currently serves as the Director of Industry Relations at Phoenix Health Systems, a division of Medsphere Systems
Interoperability.
Achieving it is a predominant theme in healthcare today, and a priority agenda
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KLAS: 87% of Soarian Customers Planning/Considering to Rip & Replace
More than a year ago, Cerner acquired Siemens Health Services, which caused a shift in the marketplace as healthcare IT options would change. In a new KLAS report “Cerner/Siemens Acquisition: Soarian Migration in High Gear,” examines looked the impact the acquisition has had on customers from both companies. The report found that 87% of Siemens’ Soarian Clinicals customers are leaving or planning to leave and find a new EMR system by the end of 2016.
Customers Now View Soarian as an Orphaned
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4 Ambulatory EHR Market Drivers & Restraints
The ambulatory EHR market is expected to expand by 30 percent during the next five years, increasing at a compound annual growth rate of 5.3 percent until 2020, according to analysis from Frost & Sullivan. The report, US Ambulatory Electronic Health Record Market: 2015–2020 analyzes the ambulatory EHR market and identifies what to expect as the focus shifts from adoption to optimization in the market.
Overall, the overarching objective for providers is to position their EHR as a potential
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Cloud-EHR Platform Practice Fusion To Explore Possible IPO in 2017
Cloud-based EHR platform Practice Fusion has reportedly hired JPMorgan Chase to explore an initial public offering (IPO) in 2017, according to a recent New York Times story. The San-Francisco-based EHR provider for doctors could attract between $1.1B to $1.5B valuation based on the company's potential revenue projections next year.
“An I.P.O. could potentially be an outcome for Practice Fusion, but currently we continue our focus on commercializing our products, growing the business and serving
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Senate Health Committee Release Draft Bill to Improve Health IT for Docs, Patients
To inform the committee’s final legislation, Senate health committee Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.) today released for feedback a staff discussion draft of the committee’s bipartisan legislation to improve health IT, including EHRs.
The draft legislation released on Wednesday is the product of a bipartisan, full committee health information technology working group by Alexander and Murray in April—as well as a series of bipartisan hearings in the
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Interoperability: The Key to Uniting Healthcare’s Walled Gardens
Editor's Note: Aashima Gupta is the VP of Healthcare Digital Transformation at Apigee leading provider of API technology and services for enterprises and developers. In her current role she is driving strategy and execution for the healthcare vertical at a API and analytics startup.
I still struggle to get simple, ubiquitous access to my health records. Trying to get my health history every time I see a specialist, giving my doctor to access my lab records, and even the extraordinarily
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National ACO Selects drchrono EHR for Practice Management, Medical Billing
National ACO has selected drchrono as their EHR software vendor of choice for medical records, practice management and medical billing. Accountable Care Organizations known as ACOs are groups of doctors, hospitals, and other health care providers that come together voluntarily to give coordinated high quality care to their Medicare patients.
The implementation of drchrono's EHR platform will enable National ACO to standardize software across over 230 physicians with over 14,000 attributed
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