Judith Faulkner, CEO of healthcare IT giant Epic Systems. Source: Epic Systems Bowing to public pressure, health tech company Epic Systems has now notified its employees that they can work from home until the end of the year. Epic had planned to require thousands of employees to return to the office this month to preserve… Read More »
Dive Brief: More than half of all physicians and 72% of hospitals in the U.S. were affiliated with a health system in 2018, according to a report published by Health Affairs on Monday. From 2016 to 2018, the share of physicians affiliated with vertically integrated health systems rose 11 percentage points, from 40% to 51%. The… Read More »
Dive Brief: Medical providers continue to be hit hard financially by COVID-19, as a new survey from the American Medical Group Association found that more than 90% of medical groups and integrated healthcare systems say the pandemic cut revenues by at least 25%. Many have reported revenue losses topping 50%. Moreover, a large percentage of… Read More »
Health Tech Feb 28, 2020• By JESSICA DaMASSA, WTF HEALTH Savvy health tech startups can learn how the differing investment priorities of venture capital funds and strategic investors (those tied to large healthcare organizations like health plans, pharma companies, and health systems) can impact everything from their capital raise to their ability to gain new… Read More »
A London private equity investment firm has purchased a stake in Intelerad Medical Systems, a Montreal-based company that develops medical imaging software and workflow solutions. Executives of the new investors, Hg, say healthcare technology is a core sector for the equity firm. It’s partnering with Ardan, a boutique investment firm dedicated to the healthcare software… Read More »
Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Account representatives from Epic Systems, one of the largest providers of medical record systems, have started calling customers with a clear message: We will not be pursuing… Read More »