Healthcare Transformation

Archives for July 2011 « Recent Articles

Photo of Lynne A. DunbrackOffline

This past week Borders announced that it was unable to find a buyer to take it out of bankruptcy and thus plans to shutter its remaining 399 stores and go out business by the end of September.   Approximately 10,700 employees will lose their jobs in the bankruptcy liquidation.  Other collateral damage includes creating hundreds of thousands square feet of empty retail space in already struggling malls and power (i.e., big-box) retail centers and reducing real estate tax collection in communit


Photo of Janice YoungOffline

On June 23rd, McKesson announced a definitive agreement to acquire Portico Systems, a vendor of solutions that "enable healthcare organizations to design, build, service and provide value-based reimbursement to their complex provider networks. "  The announcement brings together within McKesson a full spectrum of services and technologies that align care management, quality guidelines, payment and, now, innovative value-based network provider contracting and analytics tools for both the traditional hea


Photo of Judy HanoverOffline

With the passing of the HITECH Act in February of 2009, providers gained an unprecedented opportunity to receive incentive payments for implementing and using eligible electronic health and medical records (EHR/EMRs) under the conditions laid out in the law.  In order to take advantage of the subsidies, providers must implement and demonstrate meaningful use of the EHR/EMR technology by specific deadlines, and successful providers started receiving incentive payments for meeting Phase 1 meaningful use



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