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More in Health IT

Of the nearly 100,000 mHealth apps available on the market, only 100 are approved by the U.S. Food and Drug Administration, according to a New England Journal of Medicine report.

Telemedicine has the potential to improve access to care and ease the physician shortage. However, physician licensing and other regulations, a lack of reimbursement parity laws and other obstacles have hindered telemedicine's expansion.

McKesson has reported revenues of $44.1 billion for the three months ended June 30, up 37 percent compared with the same period last year.

Health IT vendor M*Modal, which filed for Chapter 11 in early March, has completed its financial restructuring and emerged from bankruptcy.

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