The following stories on the health IT market were reported by Becker's Hospital Review in the past month, beginning with the most recent.
1. 17 Vendors Sign EHR Code of Conduct
The Electronic Health Record Association, part of HIMSS, announced 17 leading EHR vendors have signed its code of conduct.
2. M*Modal to File for Bankruptcy
Health IT company M*Modal, faced with large amounts of debt and declining sales, is planning to file for bankruptcy protection.
3. TELUS Health Acquires EMR Vendor Med Access
TELUS Health acquired electronic medical record vendor Med Access, which currently provides services to 2,000 physicians in Canada.
4. Report: Provider Satisfaction With HIE Solutions has Dropped
Healthcare organizations are not as happy with their health information exchange solutions as they have been in the past.
5. WEDI, EHNAC Announce Plan to Accredit Practice Management Systems
The Workgroup for Electronic Data Interchange and the Electronic Healthcare Network Accreditation Commission have announced a partnership to create a practice management system accreditation program.
6. Greenway Acquires PeopleLYNK
Health IT company Greenway has announced the acquisition of PeopleLYNK, a patient engagement solution.
7. To Appease Shareholders, McKesson CEO Reduces his Pension by $45M
John H. Hammergren, chairman, CEO and president of McKesson, voluntarily reduced his pension benefit by $45 million in response to investors' feedback.
8. Cleveland Clinic, Dell to Offer Epic Services
The Cleveland Clinic partnered with Dell to offer consulting, implementation and hosting services for healthcare providers looking to run an Epic electronic health record system.
9. Half of Hospitals to Make New EHR Purchase by 2016
About half of hospitals with 200 or more beds plan on purchasing a new EHR by 2016.
10. Top EHR Vendors by Meaningful Use Attestations
These EHR vendors were used by the most acute-care hospitals to attest to meaningful use, according to CMS data.
11. CVS' MinuteClinics Switch to Epic
CVS' retail clinic chain, MinuteClinic, announced it will switch from its proprietary electronic health record system to Epic.
12. Allscripts Posts $128M Operating Loss in 2013
Allscripts posted a $27.5 million operating loss for the fourth quarter of 2013 and a $127.6 million operating loss for the year.
13. Cerner Stock Hits Lifetime High
Shares of electronic health record giant Cerner hit an all-time high during Feb. 18 trading.
14. New Bill Would Limit FDA Regulation of Health IT
A bill introduced into the Senate in February seeks to limit the Food and Drug Administration's ability to regulate certain health IT products.
15. Medical Device Venture Capital Investment at Lowest Rate Since 2005
In 2013, about $2.5 billion was invested in medical device development — which included 261 venture capital deals — the lowest rate since 2005, when $2.4 billion was invested over 251 deals.
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