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News Breaks
March 27, 2014
08:14 EDTCERN, QSII, VCRACerner may benefit, Quality Systems hurt by ICD-10 delay, says Stephens
Stephens believes the proposed minimum 1-year delay to new ICD-10 billing codes, which is part of the "doc fix" plan to be presented in the House, may be beneficial for hospital vendors like Cerner (CERN) and may also help non-EHR vendors like Vocera (VCRA). However, Stephens thinks the delay could negatively impact physician vendors, particularly Quality Systems (QSII).
News For CERN;VCRA;QSII From The Last 14 Days
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March 20, 2015
16:22 EDTQSIIQuality Systems CFO Paul Holt resigns, John Stumpf named as interim CFO
On March 18, Paul Holt informed the board the he will resign as CFO of the company, effective April 12. Holt has served the company for over 15 years and is leaving to join NantHealth as its CFO. On March 19, the board appointed John Stumpf as the company's interim CFO, effective immediately upon Holt's departure from the company.
March 19, 2015
10:02 EDTQSIIOn The Fly: Analyst Downgrade Summary
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10:02 EDTCERNOn The Fly: Analyst Upgrade Summary
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March 18, 2015
16:07 EDTQSIIQuality Systems downgraded to Neutral from Outperform at RW Baird
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16:06 EDTCERNCerner upgraded to Outperform from Neutral at RW Baird
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09:33 EDTCERNCerner selected by Washington hospitals to update health record systems
The State of Washington Department of Social and Health Services has selected health IT supplier Cerner to modernize integrated revenue cycle and electronic health records in multiple state facilities to prepare for ICD-10 compliance. The agreement will digitize DSHS' paper health records. Cerner will implement Millennium PowerChart and the revenue cycle suite of solutions at three accredited psychiatric hospitals, including Western State Hospital, Eastern State Hospital and Child Studies and Treatment Center. Cerner will replace the billing functionality supported by the Residential Programs System, as well as the central pharmacy system. DSHS' system will be hosted at Cerner's Kansas City data center.

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