Epic wins arbitration case in Supreme Court; VA awards Cerner $10B contract & more — 11 health IT key notes

Jessica Kim Cohen -

Here are 11 recent news updates on health IT companies.

1. Allscripts closed on its acquisition of mobile patient engagement company HealthGrid Holding Co., the EHR vendor confirmed May 21.

2. Janus Henderson Group met with athenahealth's board of directors to argue that initiating a "formal sale process" is in the "best interest of the [company's] shareholders," the asset management group disclosed in a recent U.S. Securities and Exchange Commission filing.

3. The U.S. Department of Veterans Affairs finalized its contract with Cerner May 17, and will award the EHR vendor $10 billion over the next 10 years.

4. During a recent shareholders meeting, Cerner President Zane Burke suggested recent media reports disparaging its work for the U.S. Department of Defense may have involved "one of our competitors."

5. DrChrono rolled out discounted pricing and free data importing services to current Practice Fusion customers, the health IT solutions provider announced May 21.

6. In a 5-4 decision led by the conservative justices of the U.S. Supreme Court, Epic came out victorious in a case involving individual employee arbitration decided May 21.

7. Epic denied the main allegation made in Cerner's protest of Chicago-based University of Illinois Health's EHR contracting process, which awarded Epic a $62 million deal in late 2017.

8. Meditech filed its earnings results for the first quarter of 2018 with the U.S. Securities and Exchange Commission April 30, posting $122.37 million in revenue.

9. Larry O'Toole, an associate vice president at Meditech, joined the CommonWell Health Alliance's board of directors, Meditech confirmed May 21.

10. Audit, tax and advisory services firm KPMG developed a solution to enable clients to move finance, human resources and supply chain functions to Oracle Cloud, KPMG announced May 14.

11. The American Heart Association, Philips and Pittsburgh-based UPMC unveiled a $30 million venture capital fund to encourage developments in cardiovascular disease prevention and treatment May 17.

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