Electronic Health Records

Health IT Investment

Allscripts Sells Stake in Behavioral Health EHR Netsmart for $525M

December 11, 2018 - Allscripts has signed a definitive agreement to sell its stake in behavioral health EHR vendor Netsmart to private equity firms TA Associates and GI Partners for a total of $525 million. The sale ends a two-year relationship between Allscripts and Netsmart that began when Allscripts contributed its homecare business to the behavioral health EHR vendor in exchange for the largest...


More Articles

Veritas Capital, Elliott Will Acquire athenahealth for $5.7B

by Kate Monica

Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire athenahealth for about $5.7 billion in cash, the health IT company confirmed on November 12. Elliott Management has expressed support for the...

athenahealth Discussing Deal With Veritas Capital, Elliott

by Kate Monica

Private equity firm Veritas Capital has teamed up with hedge fund Elliott Management to submit a bid for athenahealth, according to Bloomberg. Veritas Capital and Elliott Management are currently engaged in advanced talks with the health...

How IT Support Streamlines EHR Optimization, Boosts EHR Usability

by Kate Monica

Most healthcare organizations can expect some slowdowns in clinical efficiency as providers and administrators acclimate to the changes that accompany new EHR system implementations or EHR optimization efforts. While these upgrades help...

HHS Takes First Step to Spur Health IT Innovation, Investment

by Kate Monica

With many physicians and healthcare industry leaders raising complaints about the slow pace of health IT innovation, HHS is looking for new ways to drum up competition, funding, and ideas necessary for accelerated improvements. In a...

Jonathan Bush’s Resignation Opens Door for athenahealth Sale

by Kate Monica

athenahealth will potentially pursue a sale or merger following CEO Jonathan Bush’s resignation, effective immediately, according to CNBC. Bush’s resignation follows reports of old and new allegations against him have...

ClearBridge Investments Supports athenahealth Acquisition

by Kate Monica

ClearBridge Investments recently issued a letter to the athenahealth board of directors backing Elliott Management’s recommendation that the health IT company pursue offers for an athenahealth acquisition. The global equity manager...

Opening Health IT, EHR Market to Spur Improved Clinical Productivity

by Kate Monica

Widespread EHR adoption has so far produced only modest improvements in clinical productivity and efficiency, but two doctors anticipate increased competition, diversity, and growth in the health IT and EHR market will yield the...

Epic EHR Implementation Contributes to Drop in Income at VUMC

by Kate Monica

Vanderbilt University Medical Center (VUMC) reported lower operating income in fiscal year 2018 compared to the same time last year in part because of the health system’s $214 million Epic EHR implementation launch, health system...

Elliott Management Leverages Support for athenahealth Acquisition

by Kate Monica

In a third open letter, hedge fund Elliott Management leveraged shareholder support for its athenahealth acquisition offer to further pressure the health IT company’s board members into taking advantage of the $7 billion buyout...

athenahealth Shareholder Urges Health IT Company to Pursue Buyout

by Kate Monica

Another investment company with stake in athenahealth is urging athenahealth’s board of directors to consider selling the health IT company, according to a recent filing with the United States Securities and Exchange...

athenahealth Not Engaging With Elliott Acquisition Offers

by Kate Monica

athenahealth has not directly communicated with Elliott Management about the hedge fund’s nearly $7 billion all-cash acquisition offer, according to an open letter to the athenahealth board from Elliott Partner and Senior Portfolio...

Elliott Management Offers Nearly $7B to Acquire athenahealth

by Kate Monica

Hedge fund Elliott Management recently made an offer to acquire athenahealth for $160 a share, according to CNBC. Elliott Management founder Paul Singer had a 9.2 percent stake in athenahealth in 2017. Currently, Elliott’s stake is...

Health IT Leader at Center of $800K Fraud Scandal in California

by Kate Monica

A former health IT leader at North County Health Services (NCHS) recently pleaded not guilty to defrauding the healthcare organization out of nearly $800,000. The California-based nonprofit healthcare organization provides comprehensive,...

WI Health System Suing Cerner for $16M for Faulty Software

by Kate Monica

A Wisconsin health system is suing Cerner Corporation for breach of warranty and fraud over issues stemming from its billing software that allegedly led to more than $16 million in losses. Agnesian Healthcare Inc. filed the complaint on...

Shulkin Details Planned 2018 VA EHR Modernization Activities

by Kate Monica

VA Secretary David Shulkin recently released a statement delving into the specifics of a VA budget request for fiscal year (FY) 2018 and the department’s EHR modernization plans and other health IT investments. The FY 2018 budget...

Providers, Payers Soon to Implement Digital Transformations

by Kyle Murphy, PhD

A growing number of healthcare organizations have set 2018 as the year for putting their digital information initiatives into place, according to recent findings from IDC Health Insights. The survey of more than 280 providers and 50...

Healthcare Execs Will Invest More in EHR Systems, Health IT

by Jacqueline LaPointe

As a majority of healthcare executives reported that they expect their organization’s revenue and patient volume to grow, so will their investments in EHR systems and other healthcare technologies, reported CIT in its Healthcare...

Mass. Home Care Agencies Partner for HIT Adoption Initiative

by Sara Heath

The growing emphasis on value over volume and the shift of care delivery from inpatient to outpatient settings have increased the need for seamless health information exchange (HIE), especially as the home becomes another care setting....

X

EHRIntelligence

Sign up to continue reading and gain Free Access to all our resources.

Sign up for our free newsletter and join 60,000 of your peers to stay up to date with tips and advice on:

EHR Optimization
EHR Interoperability
MACRA

White Papers, Webcasts, Featured Articles and Exclusive Interviews

Our privacy policy


no, thanks

Continue to site...